3974 Daves Way, San Diego, California 92154, San Diego, 92154 - 4 bed, 3 bath
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3974 Daves Way
San Diego, California 92154
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,518Sq Ft
5,227.2Lot Size
Property Price
LIST PRICE$849,999
EST. MARKET VALUE
$823,457
3% AboveMARKET VALUE
SUMMARY
This Versatile Single Family Residence represents a Strong Value Opportunity, listed at $699,999—positioned well below the $741,173 Fair Market Value by 5%. This valuation gap provides $41,174 in Instant Equity. Featuring a Condition Rating of 3 and a permitted 1-bedroom ADU with kitchen, the property offers significant rental income potential and paid-off solar. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating asset in a well-established community.
Estimated Market Value
$823,457
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3974 Daves Way Subject | $849,999* List Price | 4 | 3 | 1,518 | $542 | - |
A 3975 Rene Drive Sold | $800,000 | 4 | 2 | 1,145 | $699 | 0.1 mi |
B 4014 Coldwell Lane Sold | $776,500 | 4 | 2 | 1,145 | $678 | 0.1 mi |
C 3852 Byrd Street Sold | $800,000 | 3 | 2 | 1,271 | $629 | 0.3 mi |
D 4205 Rene Dr Sold | $835,000 | 4 | 3 | 1,555 | $537 | 0.4 mi |
E 3690 Chanute Sold | $848,000 | 4 | 2 | 1,340 | $633 | 0.5 mi |
F 3734 Aqua Park Ct Sold | $800,000 | 3 | 2 | 1,586 | $504 | 0.4 mi |
G 1068 Fuchsia Sold | $900,000 | 4 | 3 | 1,849 | $487 | 0.6 mi |
H 581 Le May Avenue Sold | $867,500 | 3 | 2 | 1,456 | $596 | 0.6 mi |
I 1058 Darwin Place Active | $684,900 List Price | 4 | 2 | 1,732 | $395 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1968, the property has undergone significant renovations within the 5-15 year range. The kitchen features updated cabinetry and stainless steel appliances, and the interior shows modern laminate flooring and fresh paint. The addition of a permitted ADU and paid-off solar panels indicates well-maintained systems and move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- ADU & Rental Potential
The inclusion of a 1-bedroom, 1-bath ADU with its own kitchen provides exceptional versatility for multi-generational living or a steady stream of rental income.
- Paid-Off Solar System
The property features a fully paid-off solar system, offering the new owner immediate energy cost savings and increasing the home's long-term value.
- Competitive Market Value
Currently listed at $699,999, the property is priced significantly below its previous 2024 sale price of $795,000, representing a strong value opportunity in the San Diego market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5227, other record lot size in square feet = 5000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1518, other record living area = 1017. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Property Age
Originally built in 1968, the home may require modernization of major systems or cosmetic upgrades to meet contemporary buyer expectations.
- Lack of Scenic Views
The property lacks any significant views, which may be a disadvantage for buyers seeking the coastal or hillside vistas common in the San Diego region.
About 3974 Daves Way
Welcome to **3974 Daves Way, San Diego, CA 92154!** This charming **3-bedroom, 2-bath home** offers a comfortable and functional layout perfect for everyday living. Enjoy inviting living spaces, generously sized bedrooms, and plenty of potential to make the home your own. The property also features a **1-bedroom, 1-bath ADU complete with its own kitchen**, offering added flexibility for extended family, guests, or potential rental income. **Solar is fully paid off**, providing added value and potential energy savings. Conveniently located near shopping, dining, schools, parks, and major freeways, providing easy access throughout San Diego. A wonderful opportunity to own a versatile home in a well-established community!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 5,227.2 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,518 | 1,777.941 |
| Lot Size | 5,227.2 | 6,474.445 |
| Price | $850.0K | $1.27M |
| Price per sq ft | $560 | $741 |
| Built year | 1968 | 1971 |
| HOA | $0 | $184 |
| Days on market | 22 | 40 |
Pricing History
Listed for Sale
Sep 2, 2026
$849,999
$869,999
-2% Price Drop
Initial Listing
Price Change
Aug 26, 2026
$869,999
$699,999
+24% Price Increase
Initial Listing
Price Change
Aug 18, 2026
$699,999
Initial Listing
Sold
May 22, 2024
$795,000
Public Record
Sold
Jul 29, 2022
$700,000
Public Record
Sold
Aug 14, 2015
$372,000
Public Record
Sold
May 29, 2012
$282,000
Public Record
Sold
Feb 29, 2012
$183,000
Public Record