4111 Bayard Street, San Diego, California 92109, San Diego, 92109 - 6 bed, 5 bath

4111 Bayard Street, San Diego, California 92109 home-pic-0

4111 Bayard Street

San Diego, California 92109

ACTIVE
CONDITION: FAIR
6Beds
5Baths
4,612Sq Ft
6,800Lot Size

Property Price

LIST PRICE$4,875,000
EST. MARKET VALUE
$4,875,000

SUMMARY

Analysis of 4111 Bayard Street, San Diego, California 92109 reveals a Fairly Priced Property with a current list price of $4,875,000  aligned with the estimated $4,875,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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

$4,875,000
Based on Realkey algorithm analyzing recent comparable sales in San Diego.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property appears well-maintained but is significantly dated in its interior finishes, particularly the kitchen. The kitchen features white appliances, older style white cabinets, speckled granite-like countertops, a pressed tin backsplash, and a very dated fluorescent ceiling light panel. While functional, these elements would require a full renovation to meet current aesthetic and quality standards. No bathroom images were provided, but it's reasonable to assume they are of a similar vintage. The flooring throughout the living areas is tile, which appears in good condition but also reflects an older style. The overall impression is a home that was likely built or last extensively renovated 20-30 years ago, making it aged but maintained, and requiring substantial cosmetic updates rather than immediate repairs to major systems.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Bird Rock Elementary School (10/10).

  • Exceptional Development Potential

    The property offers significant development potential under SB-79, allowing for up to 20,250 sq. ft. and 12 units, with projected monthly rental income of $84,000, and potential for 6-8 stories with water views.

  • Premier Coastal Location

    Situated in the highly sought-after Braemar District, described as the best neighborhood in the beach areas, ensuring high demand and property value.

CONSRISKS & DEFICIENCIES

  • High Capital Requirement for Development

    Realizing the full 12-unit development potential would necessitate substantial additional financial investment beyond the purchase price for construction, permits, and associated costs.

  • Regulatory & Development Complexity

    Maximizing the property's potential involves navigating complex SB-79 regulations, zoning requirements, and a potentially lengthy construction process for a multi-story, multi-unit project.

  • Seller Motivation Implies Negotiation Opportunity

    The 'Seller Motivated' statement, combined with a recent price reduction, suggests the property may have faced market resistance or the seller is eager to close, potentially indicating a less firm price.

About 4111 Bayard Street

EXCELLENT INCOME PROPERTY OR GREAT BEACH HOUSE FOR A LARGE FAMILY OR TO SPLIT THE MORTGAGE WITH EXTENDED FAMILY MEMBERS. HIGHLY SOUGHT OUT BRAEMAR DISTRICT NEIGHBORHOOD. BY FAR THE BEST NEIGHBORHOOD IN ALL THE BEACH AREAS. LOCATED NEXT TO THE CATAMARAN RESORT. YOUR FAMILY AND GUEST WILL ENJOY THE RESORT'S SPA, RESTAURANT, POOL AND ETC. JUST A FEW STEPS TO ALL 3 FAMOUS BEACH'S, MISSION BAY, MISSION BEACH AND PACIFIC BEACH. STROLL AND BIKE THE BOARDWALKS. SELLER MOTIVATED. WITH SB-79 YOU MAY HAVE THE OPPORTUNITY TO BUILD UP TO 20,250 SQ. FT. A TOTAL OF 12 UNITS. HIGH RISE TO 65', 6-8 STORIES. WITH COMPLETE BEAUTIFUL WATER VIEWS OF THE OCEAN/BAY. EACH UNIT RENT INCOME PROJECTED AT AN AVERAGE OF $7,000 PER MONTH FOR A TOTAL MONTHLY RENT INCOME OF $84,000 PER MONTH.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
-
Lot Size
6,800 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Diego Unified Schools

Crown Point Jr Music Academy

Grades K-5 • 0.7 mi

7/10

Pacific Beach Elementary School

Grades K-5 • 1.2 mi

7/10

Bird Rock Elementary School

Grades K-5 • 1.5 mi

10/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.04.0
99%
Baths5.03.0
90%
Square foot4,6122,016
96%
Lot Size6,8004,000
78%
Price$4.88M$2.28M
94%
Price per sq ft$1.1K$1.2K
34%
Built year-1975
1%
HOA$0$0
50%
Days on market466161
0%

Pricing History

Listed for Sale

Oct 30, 2025

$4,875,000

Initial Listing

Price Change

Nov 26, 2024

$4,900,000

Initial Listing

Browse Properties by State Browse housing market trends by state