4153 1/2 Adams, San Diego, California 92116, San Diego, 92116 - 2 bed, 2 bath
ACTIVE$1,595,000$1,967/sqft
Est. Value: $1,651,665
3%
BelowEstimate
4153 1/2 Adams, San Diego, California 92116
2Beds
2Baths
1,967Sqft
Lot
Price Vs. Estimate
The estimated value ($1,651,665.255) is $56,665.255 (3%) higher than the list price ($1,595,000). This property may be underpriced.
Key pros and cons
Top Pros:
Mixed-Use Versatility: This property offers a unique opportunity to live, work, and invest, combining a charming residential home with a versatile commercial storefront, appealing to owner-operators or investors seeking diverse income streams.
Top Cons:
Age of Property: Built in 1948, the property's age may imply potential for older infrastructure and systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or updates not explicitly mentioned as modernized.
Compared to the nearby listings
Price:$1.59M vs avg $1.31M (+$285,000)70%
Size:1,967 sqft vs avg 1,344 sqft77%
Price/sqft:$811 vs avg $98523%
More Insights
Built in 1948 (78 years old).
Condition: Built in 1948, the residential portion of this mixed-use property is move-in ready and well-maintained. The living and dining areas feature well-kept hardwood floors and updated light fixtures. The kitchen and bathrooms, while not ultra-modern, are clean, functional, and appear to have been updated within the last 10-15 years with features like stainless steel appliances, stone countertops, and updated vanities. Windows also appear to be newer. While not a brand-new renovation, the property shows minimal wear and tear and no immediate renovation needs, fitting the 'Good' category for an older home with significant, though not cutting-edge, updates.
Year Built
1948
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$811
HOA
-
Days on market
-
Sold On
-
MLS number
2600207SD
Home ConditionGood
Features
Patio
View-
About this home
Don't miss this unique opportunity to own a beautifully maintained mixed-use property in one of San Diego's most charming neighborhoods. The residential portion features a charming Spanish style home with timeless character-hardwood floors, custom tile and a cozy fireplace. Enjoy the private yard, a one-car garage, separate and spacious storage room, and TWO additional parking spaces. Included is a versatile commercial storefront, ideal for a boutique business or income generating tenant. Offering excellent visibility and foot traffic, this mixed-use property offers a rare chance to live, work and invest in the heart of Kensington.
A
Ami Le Wallen
Listing Agent
Nearby schools
4/10
Franklin Elementary School
Public,•K-5•0.4mi
7/10
Normal Heights Elementary School
Public,•K-5•0.5mi
5/10
Adams Elementary School
Public,•K-5•0.7mi
3/10
Central Elementary School
Public,•K-5•0.8mi
3/10
Fay Elementary School
Public,•K-5•1.5mi
8/10
Hardy Elementary School
Public,•K-5•1.6mi
6/10
Juarez Elementary School
Public,•K-5•2.3mi
5/10
Foster Elementary School
Public,•K-5•2.4mi
4/10
Wilson Middle School
Public,•6-8•0.8mi
4/10
Mann Middle School
Public,•6-8•1.6mi
8/10
Lewis Middle School
Public,•6-8•2.7mi
5/10
Taft Middle School
Public,•6-8•3.1mi
5/10
Hoover High School
Public,•9-12•0.7mi
4/10
Crawford High School
Public,•9-12•1.8mi
8/10
Patrick Henry High School
Public,•9-12•3.9mi
8/10
Kearny Construction Tech School
Public,•9-12•4.0mi
Price History
Date
Event
Price
02/12/15
Sold
$995,000
Condition Rating
Good
Built in 1948, the residential portion of this mixed-use property is move-in ready and well-maintained. The living and dining areas feature well-kept hardwood floors and updated light fixtures. The kitchen and bathrooms, while not ultra-modern, are clean, functional, and appear to have been updated within the last 10-15 years with features like stainless steel appliances, stone countertops, and updated vanities. Windows also appear to be newer. While not a brand-new renovation, the property shows minimal wear and tear and no immediate renovation needs, fitting the 'Good' category for an older home with significant, though not cutting-edge, updates.
Pros & Cons
Pros
Mixed-Use Versatility: This property offers a unique opportunity to live, work, and invest, combining a charming residential home with a versatile commercial storefront, appealing to owner-operators or investors seeking diverse income streams.
Prime Kensington Location: Situated in one of San Diego's most charming and desirable neighborhoods, Kensington, providing excellent visibility and foot traffic for the commercial space and a sought-after residential address.
Charming Residential Character: The residential portion boasts a beautifully maintained Spanish-style home with timeless character, featuring hardwood floors, custom tile, and a cozy fireplace, enhancing its aesthetic appeal.
Income-Generating Commercial Space: The included commercial storefront is ideal for a boutique business or an income-generating tenant, offering a valuable revenue stream due to its excellent visibility and foot traffic.
Valuable Parking & Storage: A significant advantage in an urban setting, the property includes a one-car garage, a separate spacious storage room, and two additional parking spaces, providing convenience and utility.
Cons
Age of Property: Built in 1948, the property's age may imply potential for older infrastructure and systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or updates not explicitly mentioned as modernized.
Potential for Noise/Privacy Concerns: The presence of a commercial storefront with 'excellent visibility and foot traffic' could lead to increased noise levels and reduced privacy for the residential unit, depending on the commercial tenant's operations.
Niche Market Appeal: As a mixed-use property, it caters to a specific buyer demographic, which might result in a smaller pool of potential purchasers or a longer marketing period compared to a purely residential or commercial property.