
San Diego, California 92117
This Renovated Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,297,000—positioned above the $1,122,559 Fair Market Value. While priced for its development potential, the property features a Condition Rating of 2, ensuring immediate rental income. The inclusion of City-Approved Plans (PRJ-1138622) for four 2BR/1BA ADUs significantly mitigates entitlement risk, allowing for rapid scaling of density on the 5,947 SF lot. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking to leverage high-density zoning for long-term wealth creation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4190 Clairemont Dr Subject 2 bd · 1 ba · 888 sqft · $1,264 | $1,297,000* List Price | 2 | 1 | 888 | $1,264 | - |
A 4454 Bertha Ct Sold 3 bd · 2 ba · 1,100 sqft · $1,081 · 0.5 mi | $1,189,000 | 3 | 2 | 1,100 | $1,081 | 0.5 mi |
B 3635 Tomahawk Sold 3 bd · 2 ba · 973 sqft · $1,079 · 0.8 mi | $1,050,000 | 3 | 2 | 973 | $1,079 | 0.8 mi |
C 4304 Quapaw Avenue Sold 3 bd · 2 ba · 1,044 sqft · $1,389 · 0.6 mi | $1,450,000 | 3 | 2 | 1,044 | $1,389 | 0.6 mi |
D 4612 Kleefeld Ave. Active 2 bd · 1 ba · 780 sqft · $1,186 · 0.8 mi | $924,900 List Price | 2 | 1 | 780 | $1,186 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1954, the property is described as a renovated single-family home. Visual evidence shows a recent, high-quality renovation (likely <5 years) featuring modern black-framed windows, updated flooring, contemporary fixtures, and a mint-condition exterior. It is currently move-in ready and income-generating with no immediate maintenance required.
Elementary School: Holmes Elementary School (9/10).
The property includes City of San Diego approved plans for four 2-bedroom ADUs, significantly reducing entitlement risk and allowing for immediate transition into the construction phase.
The existing primary residence is already renovated and currently occupied by tenants, providing steady rental income to offset carrying costs while the additional units are being built.
At a list price of $1.297M for an 888-square-foot existing home, the entry price is steep for buyers not specifically looking to execute the high-density development plan.
Adding four units to a 5,947 SF lot creates a high-density environment that will likely eliminate traditional yard space and require significant additional capital for the two-story construction.
Existing Renovated single-family home with approved City of San Diego plans (PRJ-1138622) for four ADUs, creating flexibility for an owner-user, multigenerational living or investor/developer. An owner-user can occupy the existing home in an established Clairemont neighborhood and develop the four ADUs for rental income, extended family or a combination of both. For an investor or developer, the home is currently rented and generating income while planning or constructing the additional units. Approved plans call for four 2BR/1BA ADUs in two 2-story duplexes at the rear of the 5,947 SF RS-1-7 lot, each with a full kitchen, pantry and in-unit laundry. The existing home and attached one-car garage are not impacted by the ADU scope. At completion, the property will consist of five individually addressed residences. Existing Renovated single-family home with approved City of San Diego plans (PRJ-1138622) for four ADUs, creating flexibility for an owner-user, multigenerational living or investor/developer. An owner-user can occupy the existing home in an established Clairemont neighborhood and develop the four ADUs for rental income, extended family or a combination of both. For an investor or developer, the home is currently rented and generating income while planning or constructing the additional units. Approved plans call for four 2BR/1BA ADUs in two 2-story duplexes at the rear of the 5,947 SF RS-1-7 lot, each with a full kitchen, pantry and in-unit laundry. The existing home and attached one-car garage are not impacted by the ADU scope. At completion, the property will consist of five individually addressed residences.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 888 | 1,752.269 |
| Lot Size | - | 6,446.159 |
| Price | $1.30M | $1.27M |
| Price per sq ft | $1.5K | $736 |
| Built year | 1954 | 1971 |
| HOA | $0 | $186 |
| Days on market | 18 | 41 |
Oct 7, 2026
$1,297,000
Initial Listing
Apr 15, 2025
$860,000
Public Record