4561 Bancroft, San Diego, California 92116, San Diego, 92116 - 2 bed, 2 bath
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San Diego, California 92116
This Turnkey Craftsman Residence is listed at $949,000—positioned below the $955,383 Fair Market Value by 1%. This valuation provides $6,383 in Instant Equity for a home boasting an Excellent Condition Rating following extensive modern updates. The interior features a contemporary kitchen and primary suite, complemented by a 150-square-foot detached bonus room and entertaining decks. Key highlights include fully owned solar (NEM 2.0) and rare dual parking spots. Located near top-rated schools, this move-in-ready sanctuary is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4561 Bancroft Subject | $949,000* List Price | 2 | 2 | 800 | $1,194 | - |
A 3069 Walton Pl Sold | $899,000 | 3 | 1 | 892 | $1,008 | 0.3 mi |
B 2812 Monroe Sold | $718,000 | 2 | 1 | 624 | $1,151 | 0.6 mi |
C 4603 35th St Sold | $815,000 | 2 | 1 | 832 | $980 | 0.3 mi |
D 4510 Marlborough Drive Sold | $1,117,250 | 2 | 2 | 900 | $1,241 | 1.0 mi |
E 4481 Bancroft Sold | $830,000 | 2 | 1 | 640 | $1,297 | 0.1 mi |
F 4517 19 34th Street Active | $999,000 List Price | 2 | 2 | 803 | $1,244 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1937, the property has undergone an extensive recent renovation within the last 5 years, making it fully turnkey. The interior features a fresh contemporary kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. The bathrooms are updated with modern vanities and custom tile work. Additional high-quality upgrades include new flooring, recessed lighting, dual-pane windows, mini-split cooling systems, and fully owned solar panels, meeting the highest standards for modern quality and condition.
The property includes fully owned solar panels grandfathered under NEM 2.0, offering the significant financial benefit of nearly zero electricity charges beyond basic taxes.
A 150-square-foot detached bonus room with private alley access provides rare flexibility for a home office, studio, or potential ADU conversion, effectively expanding the usable footprint.
Featuring both a covered gated carport and an additional alley space, the property provides two dedicated parking spots, a premium and highly sought-after advantage in the dense Normal Heights neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only 800 square feet of main living space, the home's compact footprint may feel restrictive for families or buyers requiring more generous indoor proportions.
The list price of $949,000 reflects a premium valuation for the size of the primary residence, which may be a hurdle for appraisal or value-driven purchasers.
Charming, light-filled Normal Heights craftsmen where modern updates seamlessly blend with classic character and relaxed, comfortable living. This warm, airy 2BR/2BA home includes 800 sq feet of main living space PLUS a flexible detached 150 sq foot bonus room/office ideal for work, guests, hobbies, or potential ADU/studio conversion with private alley access. Meticulously maintained and fully turnkey, it features dual-pane windows, updated flooring, recessed lighting, and a fresh contemporary kitchen. Exterior enhancements include foundation improvements, improved crawl-space ventilation, and updated gutters paired with a rain barrel. Fully owned solar is grandfathered under NEM 2.0; seller reports $0 electricity charges beyond taxes. The spacious primary suite offers double closets and an upgraded en-suite bath for comfort and privacy. Outdoor living shines with a fully fenced yard, mature shade trees, real-grass landscaping, and both front and back decks for dining and entertaining. A covered, gated carport plus an additional alley space provide two dedicated parking spots, an exceptional advantage in this neighborhood. Ideally located just two blocks from Adams Ave with popular restaurants, cafés, boutiques, and everyday essentials nearby. It also offers quick access to both the 805 and 15, making it effortless to navigate the city. Don’t miss this rare opportunity to own a move-in-ready home with character and flexibility in the heart of Normal Heights!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 800 | 1,503 | 18% |
| Lot Size | - | 5,093 | 16% |
| Price | $949.0K | $1.35M | 31% |
| Price per sq ft | $1.2K | $978 | 81% |
| Built year | 1937 | 1931 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 158 | 7% |
Apr 8, 2026
$949,000
Initial Listing
Jun 25, 2021
$780,000
Public Record