3973 8th, San Diego, California 92103, San Diego, 92103 - 3 bed, 1 bath
3973 8th
San Diego, California 92103
Property Price
SUMMARY
Analysis of 3973 8th, San Diego, California 92103 reveals a property with a current list price of $1,475,000, which is 4% above the estimated $1,412,087 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3973 8th Subject | $1,475,000* List Price | 3 | 1 | 1,340 | $1,054 | - |
A 3721 Indiana Street Sold | $1,220,000 | 3 | 1 | 1,144 | $1,066 | 0.7 mi |
B 1091 Lincoln Ave Sold | $1,650,000 | 3 | 2 | 1,701 | $970 | 0.2 mi |
C 4130 10th Ave Sold | $1,500,000 | 3 | 3 | 1,452 | $1,033 | 0.3 mi |
D 1275 Johnson Ave Sold | $1,325,000 | 3 | 2 | 1,220 | $1,086 | 0.4 mi |
E 3915 Falcon St Sold | $1,642,500 | 3 | 3 | 1,713 | $959 | 0.8 mi |
F 1042 Lincoln Ave Sold | $1,251,000 | 3 | 3 | 1,164 | $1,075 | 0.2 mi |
G 3729 Indiana Active | $1,315,000 List Price | 3 | 2 | 1,228 | $1,071 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1930, this charming craftsman home has received significant functional updates, including modern stainless steel kitchen appliances, air conditioning, and paid solar. The interior features a mix of well-maintained older hardwood floors and newer carpeting, with fresh paint throughout. While the bathroom is clean and functional, its style (particularly the mosaic backsplash and vanity) appears dated, likely from a renovation 15-20+ years ago. The kitchen cabinets are in good condition but not contemporary. Overall, the property is move-in ready with no immediate major renovations required, fitting the 'Good' category due to its functional updates and well-maintained state, despite some outdated aesthetic elements.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
Opportunity to acquire adjoining parcels (APN#444-690-05-00 and 444-690-03-00) to form a larger development, with an owner-estimated potential for a 160-unit structure.
- Strong Income-Generating Asset
Currently utilized as an Air BnB with a large parking area providing additional revenue, offering immediate cash flow potential for investors.
- Prime Hillcrest Location
Situated in the highly desirable Hillcrest neighborhood of San Diego, known for its vibrant community, amenities, and strong rental demand.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The property features only one full bathroom for three bedrooms, which may be insufficient for larger households or modern buyer preferences.
- Older Construction (1930)
Built in 1930, the home may require updates to plumbing, electrical, or other systems to meet contemporary standards, despite its charming aesthetic.
- Recent Price Volatility
The listing price has experienced several changes, including a recent increase, which could indicate fluctuating market expectations or a less stable pricing strategy.
About 3973 8th
Charming craftsman home with three bedrooms and one full bathroom, large kitchen. Private courtyard and large parking lot area behind home and back gate. Home is currently being utilized as an Air BnB. Large extra studio space in attic with separate side entrance is not listed in square footage. Air conditioning with paid solar unit. Parking area provides extra revenue. Property is listed and adjoining other listed parcels APN#444-690-05-00 and 444-690-03-00. Three can be purchased together to form one larger development. Owner estimated a structure with 160 units.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 4,440 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Florence Elementary School
Grades K-5 • 0.4 mi
Birney Elementary School
Grades K-5 • 0.7 mi
Washington Elementary School
Grades K-5 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 1,340 | 1,946 | 21% |
| Lot Size | 4,440 | 5,000 | 37% |
| Price | $1.48M | $1.74M | 30% |
| Price per sq ft | $1.1K | $960 | 76% |
| Built year | 1930 | 1934 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 152 | 51% |
Pricing History
Listed for Sale
Jan 13, 2026
$1,475,000
$1,375,000
+7% Price Increase
Initial Listing
Price Change
Dec 3, 2025
$1,375,000
$1,399,000
-2% Price Drop
Initial Listing
Price Change
Nov 6, 2025
$1,399,000
$1,400,000
+0% Price Increase
Initial Listing
Price Change
Oct 6, 2025
$1,400,000
Initial Listing