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

4111 Bayard Street
San Diego, California 92109
Property Price
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
Condition Analysis
OVERALL CONDITION SCORE
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
Pacific Beach Elementary School
Grades K-5 • 1.2 mi
Bird Rock Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 5.0 | 3.0 | 90% |
| Square foot | 4,612 | 2,016 | 96% |
| Lot Size | 6,800 | 4,000 | 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 market | 466 | 161 | 0% |
Pricing History
Listed for Sale
Oct 30, 2025
$4,875,000
Initial Listing
Price Change
Nov 26, 2024
$4,900,000
Initial Listing



















































