
San Diego, California 92115
This Spanish-style Single Family Residence is a Strong Value Opportunity, listed at $1,599,000—positioned above the $1,472,701 Fair Market Value. While priced for stability, the property features a Condition Rating of 2, showcasing a high-end renovation with Solar Power and a fully permitted studio ADU. This income-producing asset offers significant versatility for multi-generational living or rental revenue. With its designer kitchen and lush garden patio, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, historic gem in San Diego.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4661 50th Street Subject | $1,599,000* List Price | 3 | 2 | 1,691 | $871 | - |
A 4740 Altadena Sold | $1,295,000 | 3 | 2 | 1,563 | $829 | 0.1 mi |
B 4607 Natalie Drive Sold | $1,500,000 | 3 | 2 | 1,806 | $831 | 0.4 mi |
C 4751 Altadena Ave Sold | $1,255,000 | 4 | 2 | 1,404 | $894 | 0.1 mi |
D 4607 Constance Dr Sold | $1,356,000 | 3 | 2 | 1,511 | $897 | 0.4 mi |
E 5025 Dick St Sold | $1,230,000 | 3 | 2 | 1,348 | $912 | 0.3 mi |
F 4584 Altadena Avenue Active | $1,269,000 List Price | 4 | 2 | 1,610 | $788 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years, featuring a designer kitchen with premium stainless steel appliances, updated bathrooms, and modern systems including solar power. The addition of a fully permitted, modern studio ADU and the mint condition of the historic preservation qualify it for the highest rating.
The property includes a fully permitted studio ADU with a full kitchen and bath, offering excellent versatility for rental income, multi-generational living, or a private guest suite.
This 1931 Spanish-style home masterfully preserves original architectural details like graceful archways and custom tilework while incorporating modern solar power and updated systems.
The main residence features a high-end designer kitchen and a cohesive, sophisticated interior palette that provides a move-in-ready 'wow factor' for discerning buyers.
With 86 days on the market and a significant price reduction from the original $1.725M, the property may be facing challenges with its perceived value in the current market.
The property offers only a one-car garage and sits on a relatively small 4,791 sqft lot, which may be a drawback for households with multiple vehicles or those desiring more yard space.
Stunning Spanish-style treasure — with solar power and fully updated for modern living while thoughtfully preserving original period details. This charming main home 3-bedroom, 2-bath and fully equiped rental income producing studio ADU home welcomes you with exceptional curb appeal and classic architectural elements from the era: graceful archways, inset alcoves, and custom decorative tilework that have been carefully conserved and refreshed. Enter the living room to find a large, dramatic fireplace and abundant natural light, creating an elegant focal point for daily living and entertaining. Adjacent is the formal dining room with a convenient pass-through to the designer kitchen. The kitchen blends classic character with contemporary finishes and appliances, offering both style and functionality. The main house presents three well-appointed bedrooms and two full bathrooms. The primary suite is a private retreat with an ensuite bath and generous closet space — a perfect balance of comfort and vintage charm updated to today’s standards. Outdoor living is exceptional: a lush garden patio surrounded by mature landscaping invites relaxation and gatherings. The patio includes a retractable awning for shade control and flexible entertaining, plus plenty of space for al fresco dining or children’s play. Throughout the home, thoughtful finishes and a rich, coordinated palette create a wow factor — guests will inevitably ask, “Who is your interior designer?” At the rear of the property sits a fully permitted studio ADU — ideal for rental income, multigenerational living, or a private guest suite. The open-concept ADU includes a full kitchen, full bathroom, and living/sleeping area, and is conveniently located next to the one-car garage. Recent updates marry historic character with modern systems and conveniences, ensuring comfort and reliability for years to come. Situated in a vibrant community with easy access to local amenities, this home is a rare opportunity to own a beautifully restored Spanish gem with an income-producing ADU. Schedule your showing today — this property is ready to delight its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,691 | 1,309 | 75% |
| Lot Size | 4,791.6 | 6,098.4 | 24% |
| Price | $1.60M | $950.0K | 93% |
| Price per sq ft | $946 | $735 | 94% |
| Built year | 1931 | 1951 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 128 | 34% |
Apr 15, 2026
$1,599,000
$1,750,000
-9% Price Drop
Initial Listing
Mar 11, 2026
$1,750,000
Initial Listing
Mar 10, 2026
$1,725,000
Initial Listing
Jul 29, 2004
$490,000
Public Record