
San Diego, California 92117
This Value-Add Residential Asset is a Prime Investment Opportunity, listed at $1,149,900—positioned well below the $1,199,091 Fair Market Value by 4%. This valuation gap provides $49,191 in Instant Equity. While maintaining a Condition Rating of 4, the home features high-value upgrades like Owned Solar and a Newer Roof. Its versatile layout and Panoramic Views over Mount Etna Park, paired with access to the 9/10 Holmes Elementary School, offer significant lifestyle and resale upside. This property is ideal for Owner-Occupants looking to build wealth or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4674 Mount Laudo Drive Subject | $1,149,900* List Price | 4 | 3 | 1,957 | $613 | - |
A 4428 Mount Herbert Ave Sold | $895,000 | 3 | 2 | 1,427 | $627 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961 and maintained by the original family, the home is functional but significantly dated. While it features a newer roof and owned solar, the interior—including the kitchen and most bathrooms—shows 1960s-era finishes and wood paneling that require modernization. It is move-in ready but needs updates to meet current market standards.
Elementary School: Holmes Elementary School (9/10).
Situated on a quiet street with no neighbors behind, the property offers rare privacy and panoramic views overlooking Mount Etna Park and local sports fields, all within 10 minutes of Pacific Beach and UTC.
The home features owned solar panels and a newer roof, providing immediate long-term value and significant utility cost savings for the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6000.
Owned by the same family since 1961, the home is in largely original condition and requires significant cosmetic updates and personalization to meet modern aesthetic standards.
While one bathroom is remodeled, the rest of the living areas are noted as being ready for updates, suggesting potential additional investment is needed for flooring, paint, and kitchen renovations.
First time on the market in over 60 years! Owned by the original family since 1961, this rare Clairemont home offers approximately 1,957 sq ft with 4 bedrooms and 3 full baths, featuring a flexible layout uncommon for the area. The permitted conversion of the original garage creates a spacious front room with excellent versatility—ideal for a future primary suite or separate living space. A separate garage/workshop was later added, providing additional functionality. The home offers multiple living areas ready for updates and personalization. One bathroom has been recently remodeled, while a newer roof and owned solar add long-term value and efficiency. The backyard features artificial turf and pavers for low-maintenance outdoor living. With no neighbors behind, the property overlooks Mount Etna Park and the North City Youth Baseball fields, offering a rare sense of privacy and openness. Located on a quiet street with a cul-de-sac feel, and approximately a 10-minute drive to Pacific Beach and UTC (University Town Center), with easy access to parks, shopping, dining, and major freeways.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 1,957 | 1,493.5 | 78% |
| Lot Size | 6,098.4 | 6,300 | 45% |
| Price | $1.15M | $1.20M | 41% |
| Price per sq ft | $588 | $791 | 9% |
| Built year | 1961 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 155 | 6% |
Apr 19, 2026
$1,149,900
Initial Listing