
San Diego, California 92117
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $1,099,900—positioned well above the $984,642 Fair Market Value by -11%. Featuring a Condition Rating of 5, this asset requires a full rehab, yet offers significant upside through its ADU Development Potential on an oversized lot. Located near Top-Rated Schools like Holmes Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants utilizing a house-hacking strategy to maximize long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4415 17 Manitou Way Subject | $1,099,900* List Price | 0 | 0 | 1,496 | $658 | - |
A 27-3925 Clairemont Mesa Boulevard Sold | $1,000,000 | 4 | 2 | 1,638 | $611 | 0.6 mi |
B 4544 Piute Place Sold | $980,000 | 4 | 2 | 1,842 | $532 | 0.7 mi |
C 3532 34 Jemez Drive Pending | $1,015,000 List Price | 3 | 2 | 1,232 | $824 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 with no evidence of recent major renovations. The kitchen and bathrooms are highly dated, featuring older appliances and fixtures. The property is explicitly marketed as a 'value-add' investor opportunity, indicating it requires a full rehab to address its aged systems and structural aesthetics.
Elementary School: Holmes Elementary School (9/10).
The oversized lot includes a detached garage primed for an ADU conversion, offering a clear path to creating a multi-unit compound and significantly increasing cash flow.
This duplex features two 2-bedroom, 1-bathroom units each with private yards and dedicated garage parking, making it an ideal setup for house-hacking or traditional investment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 6438.
Built in 1954 and marketed as a value-add opportunity, the property likely requires substantial capital expenditure for modern upgrades and deferred maintenance.
At a list price of $1,099,900 for a mid-century duplex needing work, the initial capitalization rate may be low until renovations and ADU additions are completed.
Unlock massive potential in the heart of Clairemont! Perfect for an investor or house-hacker, this value-add duplex offers two 2-bedroom, 1-bathroom units with private yards and garage parking for each tenant. The sprawling, oversized lot boasts a detached garage primed for a potential ADU conversion—creating a rare path to a multi-unit compound and maximum cash flow. Centrally located near shopping, schools, and transit lines. This one won't last long!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.4 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,496 | 1,837.516 |
| Lot Size | 6,534 | 6,134.732 |
| Price | $1.10M | $1.07M |
| Price per sq ft | $735 | $623 |
| Built year | 1954 | 1975 |
| HOA | $0 | $365 |
| Days on market | 12 | 55 |
Aug 28, 2026
$1,099,900
Initial Listing