4667 60th Street, San Diego, California 92115, San Diego, 92115 - 3 bed, 2 bath
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4667 60th Street
San Diego, California 92115
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,278Sq Ft
7,450Lot Size
Property Price
LIST PRICE$1,099,000
EST. MARKET VALUE
$1,063,021
3% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a Turnkey Single Family Residence listed at $1,099,000. While priced slightly above the $1,063,021 Fair Market Value, the property offers significant long-term upside through its Approved Development Plans for 5 additional units. Featuring a Mint Condition Rating following a 2021 remodel, the home includes a private deck and a large 7,400 sq ft lot. Its proximity to SDSU ensures consistent rental demand, making this a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate income and future expansion.
Estimated Market Value
$1,063,021
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4667 60th Street Subject 3 bd · 2 ba · 1,278 sqft · $832 | $1,099,000* List Price | 3 | 2 | 1,278 | $832 | - |
A 4664 59th Street Sold 3 bd · 2 ba · 1,416 sqft · $759 · 0.1 mi | $1,075,000 | 3 | 2 | 1,416 | $759 | 0.1 mi |
B 4530 58th Street Sold 3 bd · 2 ba · 1,324 sqft · $801 · 0.3 mi | $1,060,000 | 3 | 2 | 1,324 | $801 | 0.3 mi |
C 4751 Rose Place Sold 3 bd · 2 ba · 1,309 sqft · $898 · 0.3 mi | $1,175,000 | 3 | 2 | 1,309 | $898 | 0.3 mi |
D 6273 Estelle Street Sold 4 bd · 2 ba · 1,460 sqft · $733 · 0.4 mi | $1,070,000 | 4 | 2 | 1,460 | $733 | 0.4 mi |
E 4840 67th Sold 3 bd · 2 ba · 1,160 sqft · $675 · 0.9 mi | $782,911 | 3 | 2 | 1,160 | $675 | 0.9 mi |
F 4575 Alice Sold 2 bd · 2 ba · 1,366 sqft · $677 · 0.2 mi | $924,750 | 2 | 2 | 1,366 | $677 | 0.2 mi |
G 6145 Carling Way Sold 3 bd · 2 ba · 1,593 sqft · $634 · 0.5 mi | $1,010,000 | 3 | 2 | 1,593 | $634 | 0.5 mi |
H 5443 New Mills Road Active 3 bd · 2 ba · 1,353 sqft · $739 · 0.6 mi | $999,999 List Price | 3 | 2 | 1,353 | $739 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a full remodel in 2021 (within the last 5 years), including an opened-up kitchen and new flooring. The interior and exterior are in mint, turnkey condition, meeting the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7400, living area = 1278.
- Development Ready
The property comes with fully approved plans for 5 additional units through San Diego’s ADU Bonus Program, allowing an investor to bypass the lengthy design and permitting phase and move straight to construction.
- Prime University Location
Located just steps from San Diego State University (SDSU), the property is perfectly positioned to capitalize on high rental demand from students and faculty, ensuring low vacancy rates.
CONSRISKS & DEFICIENCIES
- Premium Entry Price
At nearly $1.1 million, the list price reflects the development upside, which may be a high barrier to entry for buyers not intending to utilize the approved expansion plans.
- Construction Impact
Building five additional units on a 7,400 sq ft lot will significantly reduce the available yard space and cause substantial disruption for any occupants living in the primary residence during the build phase.
About 4667 60th Street
READY TO BUILD! Approved plans for 5 additional units, steps from SDSU. Live in it or rent it AND build! This fully remodeled single-story 3 bed, 2 bath cottage was remodeled in 2021, and sits on a 7,450 sq ft lot within walking distance of SDSU, grocery stores, and restaurants. Plans for 5 additional units are already approved through San Diego’s ADU Bonus Program, so the design and permitting work is done and you can go straight to building. Inside you’ll find fresh paint, new flooring (done in 2026) and an opened-up kitchen. Outside there’s a deck, a big yard with room to build, and a long driveway leading to the detached garage. No HOA. With steady near-campus rental demand and transit nearby, this is a rare chance to own a turnkey home today with the upside already approved.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 7,450 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Clay Elementary School
Grades K-5 • 0.6 mi
5/10
Hardy Elementary School
Grades K-5 • 0.9 mi
8/10
Fay Elementary School
Grades K-5 • 1.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,278 | 1,752.269 |
| Lot Size | 7,450 | 6,446.159 |
| Price | $1.10M | $1.27M |
| Price per sq ft | $860 | $736 |
| Built year | 1945 | 1971 |
| HOA | $0 | $186 |
| Days on market | 12 | 41 |
Pricing History
Listed for Sale
Oct 14, 2026
$1,099,000
Initial Listing
Sold
Oct 29, 2020
$645,000
Public Record
Sold
Jun 1, 1999
$185,000
Public Record
Sold
Aug 29, 1997
$135,000
Public Record