
San Diego, California 92113
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $511,940 Fair Market Value by 2%. This valuation gap offers $12,940 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant renovation, yet the 6,630 SF lot provides exceptional ADU potential and expansion flexibility. Located near Baker Elementary, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to unlock long-term value through thoughtful development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4184 San Miguel Subject 2 bd · 1 ba · 922 sqft · $555 | $499,000* List Price | 2 | 1 | 922 | $555 | - |
A 3752 Florence Street Sold 4 bd · 2 ba · 1,015 sqft · $635 · 0.6 mi | $645,000 | 4 | 2 | 1,015 | $635 | 0.6 mi |
B 743 S 46th St. Sold 3 bd · 2 ba · 1,028 sqft · $535 · 0.6 mi | $550,000 | 3 | 2 | 1,028 | $535 | 0.6 mi |
C 8 S Francis Sold 2 bd · 1 ba · 1,000 sqft · $461 · 1.0 mi | $461,000 | 2 | 1 | 1,000 | $461 | 1.0 mi |
D 4166 Newton Avenue Pending 2 bd · 1 ba · 760 sqft · $592 · 0.4 mi | $450,000 List Price | 2 | 1 | 760 | $592 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although the data lists a 2016 build date, the property description and visual evidence indicate a structure requiring significant renovation. The listing specifically targets investors and developers, highlighting the need for a 'thoughtful renovation' and emphasizing land value/expansion potential, which aligns with a property needing a full rehab of systems and interior.
The expansive 6,630 SF lot offers significant opportunities for expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing the property's long-term value and utility.
Listed at $499,000, this property represents a rare and highly competitive entry point into the San Diego detached housing market, ideal for investors or first-time buyers.
The home is conveniently located just 0.25 miles from Baker Elementary School, offering excellent walkability for families with young children.
With only 922 square feet of living area and a single bathroom, the current configuration may be too restrictive for larger households or those seeking modern amenities.
The property is positioned as a fixer-opportunity, necessitating immediate capital investment and construction effort to modernize the existing structure.
Opportunity awaits at 4184 San Miguel Avenue! Situated on a generous 6,630 SF lot, this 2 bed, 1 bath home offers an exciting opportunity for investors, developers, or buyers looking to create something of their own. The existing residence provides a great starting point for a thoughtful renovation, while the expansive lot opens the door to additional possibilities, including potential expansion or an ADU. Located on a great residential street, the property offers the space and flexibility that can be difficult to find. This is a chance to unlock significant potential and bring your vision to life.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 922 | 1,752.269 |
| Lot Size | 6,630 | 6,446.159 |
| Price | $499.0K | $1.27M |
| Price per sq ft | $541 | $736 |
| Built year | 2016 | 1971 |
| HOA | $0 | $186 |
| Days on market | 23 | 41 |
Oct 2, 2026
$499,000
Initial Listing