
San Diego, California 92107
This property presents a High-Potential Investment Opportunity with a List Price of $2,299,999—positioned well below the $2,402,197 Fair Market Value by 4%. This valuation gap offers $102,198 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires a full rehab to modernize its 1949 interiors. With Ocean Views, a 7,200 sqft lot, and proximity to 10/10 rated Ocean Beach Elementary, this is an ideal project for Fix-and-Flip Investors or Owner-Occupants seeking a value-add coastal renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4377 Piedmont Drive Subject 3 bd · 3 ba · 2,029 sqft · $1,184 | $2,299,999* List Price | 3 | 3 | 2,029 | $1,184 | - |
A 4670 72 Pescadero Avenue Active 5 bd · 3 ba · 2,117 sqft · $1,084 · 0.8 mi | $2,295,000 List Price | 5 | 3 | 2,117 | $1,084 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 with original bathrooms and dated interiors. While the home features well-maintained original hardwood floors, the listing explicitly mentions the need to modernize and transform the space. Given the 75+ year age and lack of significant recent renovations to kitchens, baths, or systems, it requires a full rehab to meet modern standards.
Elementary School: Ocean Beach Elementary School (10/10).
Situated in the highly sought-after Ocean Beach area, the property offers desirable ocean views from the sunroom and primary balcony, providing a quintessential San Diego coastal lifestyle.
The 7,200-square-foot lot is generously sized for the neighborhood, offering significant potential to create a private outdoor oasis, lush landscaping, or an expansive entertainment space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1949 with original bathrooms still in place, the home requires a significant capital investment for modernization and upgrades to meet contemporary luxury standards.
At a list price of approximately $2.3 million, the property commands a premium that may be challenging for buyers who must also budget for extensive renovations and repairs.
Location, location, location! Welcome to 4377 Piedmont Drive, a rare opportunity to own a home in one of San Diego's desirable locations, offering ocean views, timeless character, and endless possibilities to make it your own. Featuring 3 bedrooms and 3 bathrooms, this home showcases beautiful original hardwood flooring that adds warmth and charm throughout. Upstairs, a light-filled sunroom opens to a balcony shared with the primary bedroom, creating the perfect setting to enjoy ocean views, morning coffee, or a relaxing evening breeze. Situated on a generously sized lot, the property offers exceptional outdoor potential. Imagine transforming the spacious backyard into an entertainer's paradise, complete with inviting gathering spaces, lush landscaping, and your own private retreat. Inside, the home's original bathrooms provide an opportunity to modernize and customize the space to reflect your personal style while preserving its classic character. The true standout is the location. With ocean views, a sizable lot, and the opportunity to create something truly special, this property offers a combination of lifestyle, character, and potential that's increasingly hard to find. Whether you're looking to embrace its original charm or transform it into your dream home, 4377 Piedmont Drive is an opportunity you won't want to miss!
No exterior & parking available.
Grades K-4 • 0.1 mi
Grades K-4 • 0.7 mi
Grades K-4 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,029 | 1,752.269 |
| Lot Size | 7,200 | 6,446.159 |
| Price | $2.30M | $1.27M |
| Price per sq ft | $1.1K | $736 |
| Built year | 1949 | 1971 |
| HOA | $0 | $186 |
| Days on market | 3 | 41 |
Oct 22, 2026
$2,299,999
Initial Listing