4193 4th Ave., San Diego, California 92103, San Diego, 92103 - 2 bed, 2 bath
ACTIVE$1,150,000
4193 4th Ave., San Diego, California 92103
2Beds
2Baths
1,029Sqft
Lot
Price Vs. Estimate
The estimated value ($1,100,457.62) is $49,542.38 (4%) lower than the list price ($1,150,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated on a highly sought-after corner lot in the heart of Hillcrest, offering excellent walkability to shopping, hospitals, and restaurants, enhancing desirability and convenience.
Top Cons:
Compact Lot Size for Development: While zoned for multi-unit development, the 3,001 SF lot is relatively small, which could pose design and logistical challenges for an 8-unit project and potentially limit common area amenities.
Compared to the nearby listings
Price:$1.15M vs avg $1.78M ($-634,900)15%
Size:1,029 sqft vs avg 1,954 sqft10%
Price/sqft:$1.1K vs avg $93781%
More Insights
Built in 1923 (102 years old).
Condition: Built in 1923, the property appears well-maintained with good hardwood floors in living areas. However, the kitchen features dated light wood cabinets, older black appliances, and older flooring. The bathroom also shows dated terracotta-style tile and basic fixtures. While functional and clean, these key areas, along with some light fixtures and built-ins, suggest renovations were likely completed 20-30+ years ago, making the property aged but maintained, and requiring minor updates to modernize its aesthetic.
Year Built
1923
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$1,118
HOA
-
Days on market
-
Sold On
-
MLS number
250042172SD
Home ConditionFair
Features
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 1,029 SF on a 3,001 SF LOT Zoned RM-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. For a developer: 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
Condition Rating
Fair
Built in 1923, the property appears well-maintained with good hardwood floors in living areas. However, the kitchen features dated light wood cabinets, older black appliances, and older flooring. The bathroom also shows dated terracotta-style tile and basic fixtures. While functional and clean, these key areas, along with some light fixtures and built-ins, suggest renovations were likely completed 20-30+ years ago, making the property aged but maintained, and requiring minor updates to modernize its aesthetic.
Pros & Cons
Pros
Prime Location: Situated on a highly sought-after corner lot in the heart of Hillcrest, offering excellent walkability to shopping, hospitals, and restaurants, enhancing desirability and convenience.
Significant Development Potential: Zoned RM-4-10 within a complete communities designation, with historically cleared proposed plans for an 8-unit, 3-story building, presenting substantial investment and redevelopment opportunities.
Versatile Living Space: The property includes an additional room convertible to a bedroom and a garage converted into a bonus room/studio, providing flexible living arrangements or potential for increased rental income.
Off-Street Parking: Offers plenty of off-street parking, a valuable amenity in a dense urban neighborhood like Hillcrest, adding convenience for residents and guests.
Good Condition: The house is stated to be in great condition, suggesting a well-maintained property that may require less immediate renovation for a homeowner.
Cons
Compact Lot Size for Development: While zoned for multi-unit development, the 3,001 SF lot is relatively small, which could pose design and logistical challenges for an 8-unit project and potentially limit common area amenities.
Historic Property Age: Built in 1923, the home's age may lead to ongoing maintenance requirements for older systems, potential for historical designation restrictions, or higher insurance costs, despite its current good condition.
Limited Current Living Space: The existing 1,029 SF home with 2 bedrooms and 1.5 baths is relatively small for its price point, potentially narrowing its appeal to buyers seeking larger single-family residences.