4010 N Hempstead Circle, San Diego, California 92116, San Diego, 92116 - 2 bed, 1 bath
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4010 N Hempstead Circle
San Diego, California 92116
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,364Sq Ft
0Lot Size
Property Price
LIST PRICE$1,465,000
EST. MARKET VALUE
$1,406,561
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,465,000—positioned above the $1,406,562 Fair Market Value. While the pricing reflects the premium Kensington location, the 12,930 sqft lot and panoramic canyon views provide significant upside. With a Condition Rating of 4, the home requires modernization, yet its original character and expansion potential offer a clear path to forced appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a classic residence in a top-tier neighborhood.
Estimated Market Value
$1,406,561
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 |
|---|---|---|---|---|---|---|
★ 4010 N Hempstead Circle Subject | $1,465,000* List Price | 2 | 1 | 1,364 | $1,031 | - |
A 4202 Madison Avenue Sold | $1,259,000 | 3 | 1 | 1,364 | $923 | 0.8 mi |
B 5252 Marlborough Dr Sold | $1,750,000 | 3 | 2 | 1,586 | $1,103 | 0.2 mi |
C 4745 Terrace Drive Sold | $1,600,000 | 2 | 3 | 1,612 | $993 | 0.6 mi |
D 4965 Marlborough Drive Sold | $1,810,000 | 3 | 2 | 1,815 | $997 | 0.4 mi |
E 4191 Hilldale Road Active | $1,498,000 List Price | 3 | 2 | 1,332 | $1,125 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1951 with original kitchen and bathroom finishes. While the property is described as exceptionally well-maintained and pristine, the 70+ year age and lack of modern renovations make it dated, requiring updates to systems and interiors to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12930, living area = 1364.
- Prime Location & Views
Situated in the highly desirable Kensington neighborhood, this property features a spectacular canyon-view lot that offers both tranquility and panoramic scenery.
- Significant Expansion Potential
The home provides excellent opportunities for growth, with a generous side patio and layout that allow for adding additional bedrooms or enlarging the kitchen to create a custom residence.
CONSRISKS & DEFICIENCIES
- Limited Bed/Bath Configuration
The current two-bedroom, one-bathroom layout is relatively small for the price point and may limit appeal for larger families or those needing more modern utility.
- Original Condition
While well-maintained, the original 1950s systems and finishes will likely require modernization and verification of the fireplace condition to meet current buyer expectations.
About 4010 N Hempstead Circle
Classic Kensington! Single-story home perched on a spectacular canyon-view lot in a quiet, highly desirable location. Built in 1951 and exceptionally well maintained, this two-bedroom, one-bath home offers wonderful original character along with significant potential to expand and create your ideal Kensington residence. The original kitchen and bathroom feature beautiful period tile in pristine condition, preserving the charm of the era. A spacious family room captures the extraordinary canyon views and provides a wonderful connection to the outdoors. The generous side patio offers additional possibilities and could potentially be incorporated into an expanded floor plan—perhaps enlarging the kitchen or adding another bedroom and bath. Buyer to verify all possibilities and requirements. The living room features a fireplace (condition to be verified by buyer), while carpeting throughout may conceal original wood floors. An attached two-car garage plus a separate driveway provides ample parking. A rare opportunity to get started in Kensington, enjoy a home with exceptional character and views, and bring your vision for its future. This one is not to be missed!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- 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
Franklin Elementary School
Grades K-5 • 1.0 mi
4/10
Wilson Middle School
Grades 6-8 • 1.3 mi
4/10
Lewis Middle School
Grades 6-8 • 2.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,364 | 1,777.941 |
| Lot Size | - | 6,474.445 |
| Price | $1.47M | $1.27M |
| Price per sq ft | $1.1K | $741 |
| Built year | 1951 | 1971 |
| HOA | $0 | $184 |
| Days on market | 4 | 40 |
Pricing History
Listed for Sale
Sep 5, 2026
$1,465,000
Initial Listing