4193 4th Ave, San Diego, California 92103, San Diego, 92103 - 2 bed, 2 bath
4193 4th Ave
San Diego, California 92103
Property Price
SUMMARY
Analysis of 4193 4th Ave, San Diego, California 92103 reveals a Fairly Priced Property with a current list price of $1,099,000 aligned with the estimated $1,119,806 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4193 4th Ave Subject | $1,099,000* List Price | 2 | 2 | 1,029 | $1,088 | - |
A 1042 Lincoln Ave Sold | $1,251,000 | 3 | 3 | 1,164 | $1,075 | 0.4 mi |
B 4144 Ibis St Sold | $1,405,000 | 2 | 2 | 1,287 | $1,092 | 0.7 mi |
C 1275 Johnson Ave Sold | $1,325,000 | 3 | 2 | 1,220 | $1,086 | 0.5 mi |
D 301 W Brookes Avenue Sold | $1,065,000 | 3 | 2 | 1,323 | $805 | 0.8 mi |
E 3853 8th Ave Active | $1,195,000 List Price | 2 | 2 | 1,066 | $1,121 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant updates that modernize its 1927 construction. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances, while the bathrooms have been renovated with contemporary tiling and fixtures. The interior boasts well-maintained hardwood flooring and recessed lighting. While the home is nearly a century old, the visible renovations to the kitchen, bathrooms, and living spaces align with the 'good' criteria for a well-maintained, updated property.
PROSSTRENGTHS & OPPORTUNITIES
- High-Density Development Potential
Zoned RM-4-10 within the Complete Communities Overlay, this corner lot includes proposed plans for an 8-unit project, offering massive upside for investors and developers.
- Prime Hillcrest Location
The property boasts exceptional walkability to major hospitals, shopping, and dining, making it an ideal location for traveling nurse housing or high-demand short-term rentals.
- Versatile Income-Producing Layout
With a bonus room and a converted garage studio, the floor plan provides immediate flexibility for multi-generational living or multiple streams of rental income.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
At only 3,001 square feet, the compact lot size may deter buyers looking for a traditional large backyard or significant private outdoor space.
- Vintage Infrastructure Risks
Built in 1927, the property's age may necessitate future investments in upgrading century-old plumbing, electrical, or structural systems to meet modern standards.
About 4193 4th Ave
Back on the Market! Price Reduced $51,000 – Bring Your Offer! Prime corner-lot opportunity in the heart of highly sought-after Hillcrest, located at 4th Ave & Arbor. This charming 2-bedroom + bonus room, 1.5-bath home offers 1,029 SF on a 3,001 SF lot and is zoned RM-4-10 within the Complete Communities Overlay—presenting incredible upside potential. Property Highlights: Additional bonus room (potential 3rd bedroom) Converted garage ideal for studio or flex space Low-maintenance backyard Plenty of off-street parking Excellent overall condition Unbeatable walkability — steps to shopping, restaurants, and major hospitals Ideal for rental income, Airbnb, or traveling nurse housing. Whether you're looking for a primary residence with upside or a strong-performing investment property, this Hillcrest gem checks all the boxes. Developers Take Note: 1,029 SF existing structure (2BR / 1.5BA + bonus room) Garage converted to studio space Corner lot configuration Walking distance to hospitals, retail, and dining Strong rental demand submarket Developer Package Available: Historically cleared Proposed plans for 3-story, 8-unit project (5,891 SF) TOPO map Sewer map
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,029 | 1,946 | 5% |
| Lot Size | - | 5,000 | 21% |
| Price | $1.10M | $1.74M | 5% |
| Price per sq ft | $1.1K | $960 | 67% |
| Built year | 1927 | 1934 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 152 | 6% |
Pricing History
Listed for Sale
Mar 1, 2026
$1,099,000
Initial Listing