4428 Mount Herbert Ave, San Diego, California 92117, San Diego, 92117 - 3 bed, 2 bath
ACTIVE$885,000$1,427/sqft
Est. Value: $864,381
-2%
FairlyEstimate
4428 Mount Herbert Ave, San Diego, California 92117
3Beds
2Baths
1,427Sqft
6,000Lot
Price Vs. Estimate
The estimated value ($864,380.99) is $20,619.01 (2%) lower than the list price ($885,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Holmes Elementary School (9/10).
Top Cons:
Cash-Only Transaction Requirement: The property is explicitly a cash-only sale due to city permit violations, severely limiting the potential buyer pool and excluding those requiring financing.
Compared to the nearby listings
Price:$885.0K vs avg $1.19M ($-305,000)12%
Size:1,427 sqft vs avg 1,465 sqft45%
Price/sqft:$620 vs avg $79510%
More Insights
Built in 1959 (67 years old).
Condition: Built in 1959, the property features dated renovations in the kitchen and bathrooms, likely 15-25 years old, with older cabinet styles, mosaic backsplashes, and mismatched flooring. While some appliances are newer, the core elements are outdated. Most critically, the listing explicitly states 'City permit violations have been filed by the city so will not get financing,' necessitating a cash-only sale and targeting investors. This indicates substantial underlying issues requiring significant repairs and rehabilitation to address code violations, moving it beyond minor updates.
Year Built
1959
Close
-
List price
$885K
Original List price
$885K
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
2601184SD
Home ConditionPoor
Features
Patio
View-
About this home
THIS IS A CASH ONLY SALE. City permit violations have been filed by the city so will not get financing. Documents will be provided. Investors with knowledge of the permit process will be ideal for this home. Located in the desirable Mount streets of Clairemont. This home sits across the street from a language academy as well as a very short distance to several shopping centers. Another great feature is the large size of the backyard compared to many others in the area.
J
Jarrod Norris
Listing Agent
Nearby schools
7/10
Field Elementary School
Public,•K-6•0.7mi
9/10
Holmes Elementary School
Public,•K-6•1.0mi
4/10
Sequoia Elementary School
Public,•K-6•1.0mi
3/10
Whitman Elementary School
Public,•K-6•1.0mi
8/10
Hawthorne Elementary School
Public,•K-6•1.1mi
8/10
Cadman Elementary School
Public,•K-5•1.2mi
5/10
Lafayette Elementary School
Public,•K-6•1.5mi
8/10
Alcott Elementary School
Public,•K-5•1.6mi
5/10
Marston Middle School
Public,•6-8•1.1mi
3/10
Innovation Middle School
Public,•6-8•1.5mi
4/10
Madison High School
Public,•9-12•1.2mi
5/10
Clairemont High School
Public,•9-12•1.2mi
Price History
Date
Event
Price
07/30/03
Sold
$387,000
Condition Rating
Poor
Built in 1959, the property features dated renovations in the kitchen and bathrooms, likely 15-25 years old, with older cabinet styles, mosaic backsplashes, and mismatched flooring. While some appliances are newer, the core elements are outdated. Most critically, the listing explicitly states 'City permit violations have been filed by the city so will not get financing,' necessitating a cash-only sale and targeting investors. This indicates substantial underlying issues requiring significant repairs and rehabilitation to address code violations, moving it beyond minor updates.
Pros & Cons
Pros
Great Schools: Elementary School: Holmes Elementary School (9/10).
Prime Clairemont Location: Situated in the desirable 'Mount streets' of Clairemont, a well-regarded San Diego neighborhood known for its community and convenience.
Excellent Proximity to Amenities: Conveniently located across from a language academy and a very short distance to multiple shopping centers, enhancing daily convenience for residents.
Generous Backyard Size: Features a significantly larger backyard compared to many other properties in the area, offering ample outdoor space for recreation or expansion.
Strong Investment Opportunity: Presents a unique opportunity for experienced investors familiar with permit resolution to add significant value and realize potential returns.
Access to Highly-Rated Schools: Located within proximity to several public elementary schools with strong academic ratings, appealing to families.
Cons
Cash-Only Transaction Requirement: The property is explicitly a cash-only sale due to city permit violations, severely limiting the potential buyer pool and excluding those requiring financing.
Existing City Permit Violations: Active city permit violations prevent traditional financing and require resolution by the buyer, adding complexity, cost, and risk to the purchase.
Investor-Specific Appeal: The property is specifically marketed towards investors with knowledge of the permit process, indicating it is not suitable for typical owner-occupant buyers seeking a move-in ready home.