4173 Wilson Ave, San Diego, California 92104, San Diego, 92104 - 2 bed, 1 bath
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San Diego, California 92104
This North Park Redevelopment Asset is listed at $875,000, reflecting a stable entry point near its $870,273 Fair Market Value. Carrying a Condition Rating of 5, the property is marketed primarily for its 5,811 sqft lot and significant multifamily development potential. The site benefits from rear alley access and proximity to Edison Elementary (7/10) and Wilson Middle School, making it a prime candidate for a high-density multi-unit income project. This strategic acquisition is ideal for Real Estate Developers or Buy-and-Hold Investors seeking long-term urban appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4173 Wilson Ave Subject | $875,000* List Price | 2 | 1 | 906 | $961 | - |
A 3694 36th St Sold | $727,500 | 2 | 2 | 966 | $753 | 0.5 mi |
B 4276 35th St Sold | $650,000 | 0 | 0 | 720 | $903 | 0.2 mi |
C 3594 31st St Sold | $900,000 | 2 | 1 | 1,255 | $717 | 0.9 mi |
D 4039 Wabash Pending | $688,888 List Price | 3 | 1 | 944 | $730 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Despite the 2021 year built listed in the data, the images and description clearly depict a vintage Craftsman-style cottage being marketed primarily for its redevelopment potential. The listing emphasizes the lot size and the opportunity to build a new custom home or multi-unit property, suggesting the existing structure is significantly outdated. The absence of interior photos typically indicates that the kitchen and bathroom require substantial repairs or a full remodel to meet modern living standards.
The generous 5,811 square foot lot in a high-density multifamily zone offers an exceptional opportunity for investors to redevelop the site into a multi-unit income property.
Boasting a high walkability score, the property is situated minutes from San Diego’s premier dining, craft breweries, and Balboa Park, ensuring strong long-term demand and appreciation.
Rear alley access provides a major logistical advantage for construction and parking, while the existing residence allows for immediate rental income during the entitlement process.
The current 2-bedroom, 1-bathroom structure is only 906 square feet, which may not meet the needs of traditional buyers looking for a move-in ready family home without further investment.
The list price reflects the property's development upside rather than the current improvements, potentially creating a high barrier to entry for non-developer owner-occupants.
4173 Wilson Ave presents an exceptional opportunity in the heart of North Park, one of San Diego’s most vibrant and evolving neighborhoods. Set on a generous 5,817 square foot lot, this property offers incredible potential for investors, developers, or those who seek to create a custom residence in a prime location. Surrounded by multifamily developments and a strong demand for housing, this presents a prime opportunity for redevelopment into a multi-unit income property. Alternatively, the lot provides an ideal canvas for a new custom home, allowing buyers to design and build in one of the San Diego's most sought-after communities. The existing 2 bedroom, 1 bathroom residence offers immediate usability or rental income while future plans are explored. Rear access through alley with plenty of room for parking. Ideally located just minutes from Balboa Park and downtown San Diego, the property enjoys close proximity to North Park’s most popular hotspots along 30th Street and University Avenue home to a dynamic mix of top-rated restaurants, craft breweries, coffee shops, and boutique retail. This highly walkable and energetic community continues to attract strong demand, making it one of the city’s premier places to call home.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 906 | 1,230 | 21% |
| Lot Size | 5,811 | 4,519 | 73% |
| Price | $875.0K | $1.21M | 18% |
| Price per sq ft | $966 | $967 | 49% |
| Built year | 2021 | 1935 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 153 | 10% |
Apr 15, 2026
$875,000
Initial Listing