4338 33rd Place, San Diego, California 92104, San Diego, 92104 - 2 bed, 1 bath
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San Diego, California 92104
This Hybrid Residential Asset is a High-Potential Investment Opportunity, listed at $929,900, which sits slightly above the $917,872 Fair Market Value. Despite the premium, the property offers significant long-term upside through its Development Potential, including pre-designed plans for a 1,200 sq. ft. ADU and 500 sq. ft. JADU. Featuring a Condition Rating of 2 with modern renovations, this home provides immediate lifestyle appeal in a prime North Park location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage future expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4338 33rd Place Subject | $929,900* List Price | 2 | 1 | 768 | $1,195 | - |
A 3963 33rd Street Sold | $790,000 | 2 | 1 | 768 | $1,029 | 0.4 mi |
B 3455 Landis Street Sold | $670,000 | 2 | 1 | 720 | $931 | 0.8 mi |
C 4214 33rd Street Sold | $960,000 | 2 | 1 | 1,032 | $930 | 0.2 mi |
D 3645 Cherokee Sold | $915,000 | 3 | 2 | 828 | $1,105 | 0.9 mi |
E 4044 Cherokee Ave Sold | $799,000 | 2 | 1 | 917 | $871 | 0.6 mi |
F 4109 Utah Sold | $1,025,000 | 3 | 2 | 1,025 | $1,000 | 0.6 mi |
G 4383 Swift Ave Pending | $899,000 List Price | 2 | 1 | 842 | $1,068 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1925, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features a mint-condition kitchen with quartz countertops and shaker cabinets, a fully updated bathroom with contemporary tile and fixtures, and modern systems including a mini-split HVAC and recessed lighting.
The property includes two completed development plan options for a 1,200 sq. ft. detached ADU and a 500 sq. ft. JADU, offering exceptional value-add and multi-generational living opportunities.
Nestled in one of San Diego's most desirable neighborhoods, the home provides immediate access to trendy breweries, restaurants, Balboa Park, and major freeways, ensuring high long-term demand.
Despite its 1925 origins, the home features contemporary upgrades including vaulted ceilings, engineered hardwood floors, and a remodeled kitchen with quartz countertops and stainless steel appliances.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4791, other record lot size in square feet = 4973.
At only 768 square feet for a two-bedroom home, the interior footprint is quite compact, which may feel restrictive for buyers accustomed to more spacious modern layouts.
With a list price of $929,900, the property commands a premium price per square foot that heavily factors in the land and development plans rather than the current habitable structure.
North Park opportunities don't come around often. This one comes with a plan. Nestled between North Park and Normal Heights, this charming bungalow offers the perfect blend of location, lifestyle, and opportunity. Set on an expansive lot, this move-in-ready 2-bedroom, 1-bath home features vaulted ceilings, engineered hardwood flooring, an updated kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, and a private backyard designed for relaxing or entertaining. What truly sets this property apart is its future potential. Two completed development plan options are available, including a design featuring a detached 1,200 sq. ft. ADU with an attached two-car garage plus a 500 sq. ft. JADU, creating exceptional possibilities for future expansion or additional living space. Just minutes from North Park's acclaimed restaurants, breweries, coffee shops, boutiques, Balboa Park, Downtown San Diego, and major freeways, this is more than a home—it's an opportunity to own in one of San Diego's most sought-after neighborhoods while planning for what's next.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 768 | 1,777 |
| Lot Size | 4,791.6 | 6,600 |
| Price | $929.9K | $1.24M |
| Price per sq ft | $1.2K | $743 |
| Built year | 1925 | 1972 |
| HOA | $0 | $200 |
| Days on market | 6 | 39 |
Jul 16, 2026
$929,900
Initial Listing
Apr 12, 2021
$705,000
Public Record
Sep 8, 2020
$537,000
Public Record
Sep 4, 2020
$460,000
Public Record
Jul 21, 1999
$95,000
Public Record