
San Diego, California 92116
This Turnkey Spanish Residence presents a Strong Value Opportunity, listed at $1,259,000—positioned well below the $1,292,778 Fair Market Value by 2%. This valuation gap offers $33,778 in Instant Equity for the buyer. Featuring Owned Solar, original hardwood floors, and a Zen-inspired backyard with a patio, the home maintains a Condition Rating of 3. Located in the desirable Kensington neighborhood near top-rated schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4202 Madison Avenue Subject | $1,259,000* List Price | 3 | 1 | 1,364 | $948 | - |
A 4563 Copeland Avenue Sold | $1,535,000 | 2 | 2 | 1,453 | $1,056 | 0.1 mi |
B 4538 Edgeware Rd Sold | $1,432,000 | 3 | 2 | 1,232 | $1,162 | 0.1 mi |
C 4756 E Mountain View Dr Sold | $1,055,000 | 2 | 2 | 1,050 | $1,005 | 0.6 mi |
D 5040 Raymond Place Sold | $970,000 | 2 | 1 | 940 | $1,032 | 0.9 mi |
E 4416 40th St Pending | $1,100,000 List Price | 4 | 3 | 1,191 | $924 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1926 but extensively updated and well-maintained. The kitchen features modern shaker-style cabinetry and stone countertops (approx. 5-15 year old reno), and the property includes a significant system upgrade with owned solar. While the bathroom retains a vintage 1920s aesthetic, the home is marketed as turn-key with immaculate original hardwoods and updated lighting, making it fully move-in ready.
Perfectly positioned just steps from Kensington Village and Adams Avenue, offering exceptional walkability to premier dining, shopping, and local amenities.
This 1926 Spanish-style home features immaculate original hardwood floors, stunning barreled ceilings, and rich wood built-ins, maintaining rare architectural integrity in turn-key condition.
The property includes an owned solar system, providing significant long-term utility savings and modern efficiency within a classic historic residence.
With three bedrooms and only one bathroom, the home's layout may be a drawback for families or buyers seeking modern convenience and privacy.
The 3,355 square foot lot is relatively small for the area, limiting potential for future expansions or large-scale outdoor recreational space.
Perfectly positioned just steps from everything you love in Kensington Village, this single-level Spanish beauty w/ OWNED SOLAR blends classic character with effortless livability. From the moment you step inside, you’re welcomed by immaculate original hardwood floors, a stunning barreled ceiling, and a spacious living room anchored by a gas fireplace framed with rich wood built-ins. The layout flows seamlessly into a private dining room just off the kitchen — ideal for intimate dinners or hosting friends before strolling down to Adams Avenue. Natural light fills the home, highlighting its warmth and architectural details. The kitchen offers a warm and functional space designed for both everyday living and effortless entertaining. With generous counter space, abundant cabinetry, and a thoughtful layout, it flows naturally into the dining room while still maintaining its own distinct presence. The rear bedroom features charming doors that open directly to a serene, Zen-inspired backyard retreat. Thoughtfully designed with Spanish tile accents and a beautiful gazebo, the outdoor space feels like a private escape — ideal for morning coffee, al fresco dining, or quiet evenings under the stars. Mature landscaping enhances the sense of privacy while still allowing the space to feel open and inviting. A detached one-car garage provides convenience and flexibility — perfect for secure parking, additional storage, or even a creative studio space. Homes in Kensington at this price point — especially ones that are this turn-key and rich in original character — are exceptionally rare.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,364 | 1,777 |
| Lot Size | 3,355 | 6,600 |
| Price | $1.26M | $1.24M |
| Price per sq ft | $923 | $743 |
| Built year | 1926 | 1972 |
| HOA | $0 | $200 |
| Days on market | 2 | 39 |
Jul 22, 2026
$1,259,000
Initial Listing
Mar 6, 2023
$1,100,000
Public Record
Sep 26, 2001
$377,000
Public Record
Jul 6, 1994
$200,000
Public Record