4193 4th Ave, San Diego, California 92103, San Diego, 92103 - 2 bed, 2 bath
ACTIVE$1,150,000$1,029/sqft
Est. Value: $1,124,730
-2%
FairlyEstimate
4193 4th Ave, San Diego, California 92103
2Beds
2Baths
1,029Sqft
3,001Lot
Price Vs. Estimate
The estimated value ($1,124,729.575) is $25,270.425 (2%) lower than the list price ($1,150,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Development Potential: Zoned RM-4-10 with historically cleared proposed plans for a 3-story, 8-unit development, offering significant upside for investors and developers.
Top Cons:
Age of Property: Built in 1927, the property, while stated to be in great condition, may have older systems or components that could require future maintenance or upgrades.
Compared to the nearby listings
Price:$1.15M vs avg $1.79M ($-639,950)8%
Size:1,029 sqft vs avg 1,854.5 sqft8%
Price/sqft:$1.1K vs avg $96077%
More Insights
Built in 1927 (99 years old).
Condition: Built in 1927, the property features well-maintained hardwood floors and charming original built-ins, indicating regular upkeep. However, the kitchen, while functional, shows signs of a renovation from 15-25 years ago with dated light wood cabinets, mixed appliance finishes (stainless steel fridge/microwave, white range), and linoleum flooring. The visible half-bath is basic and dated. The home is aged but maintained, with major components functional but showing signs of being outdated, requiring minor updates to meet current aesthetic and efficiency standards.
Year Built
1927
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$1,118
HOA
-
Days on market
-
Sold On
-
MLS number
250044065SD
Home ConditionFair
Features
Good View:
Patio
View-
About this home
41934th Ave. Corner lot home in excellent location on 4th and Arbor highly sought-after in the heart of Hillcrest Excellent investment for rental opportunity, perfectly suited for Airbnb or traveling nurses walking distance near major hospitals. 1,029 SF on a 3,001 SF LOT ZonedRM-4-10 in the complete communities Low maintenance back yard Plenty of off-street parking 2 Bedroom 1.5 Bath. Has an additional extra room can be converted to a Bedroom. Garage has been converted as a bonus room/studio. House is in great condition. Walking distance to shopping, hospitals, restaurants etc. Developers: Below is available and attached Historically cleared Proposed plans for a 3-story – 8 Units 5,891sf TOPO Map Sewer Map Corner of 4th Ave and Arbor
B
Ben Ameen
Listing Agent
Condition Rating
Fair
Built in 1927, the property features well-maintained hardwood floors and charming original built-ins, indicating regular upkeep. However, the kitchen, while functional, shows signs of a renovation from 15-25 years ago with dated light wood cabinets, mixed appliance finishes (stainless steel fridge/microwave, white range), and linoleum flooring. The visible half-bath is basic and dated. The home is aged but maintained, with major components functional but showing signs of being outdated, requiring minor updates to meet current aesthetic and efficiency standards.
Pros & Cons
Pros
Exceptional Development Potential: Zoned RM-4-10 with historically cleared proposed plans for a 3-story, 8-unit development, offering significant upside for investors and developers.
Prime Hillcrest Location: Situated on a corner lot in the highly sought-after heart of Hillcrest, providing excellent walkability to major hospitals, shopping, and restaurants.
Strong Investment/Rental Opportunity: Explicitly marketed as an ideal investment for rental, Airbnb, or traveling nurses due to its strategic proximity to medical facilities and amenities.
Flexible & Added Living Space: Features an additional room convertible to a bedroom and a garage converted into a bonus room/studio, enhancing versatility and potential utility.
Ample Off-Street Parking: The property offers plenty of off-street parking, a valuable amenity in a dense urban neighborhood like Hillcrest.
Cons
Age of Property: Built in 1927, the property, while stated to be in great condition, may have older systems or components that could require future maintenance or upgrades.
Compact Interior Space: With 1,029 square feet, the interior living space is relatively modest, which might be a consideration for buyers seeking larger homes.
Limited Private Outdoor Space: The 'low maintenance back yard' on a 3,001 square foot lot suggests minimal private outdoor area, potentially limiting appeal for those desiring more expansive personal outdoor living.