
San Diego, California 92120
This property presents a Prime Investment Opportunity with a List Price of $850,000—positioned well below the $868,598 Fair Market Value by 2%. This valuation gap offers $18,598 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization, yet offers a spacious backyard with a gazebo and artificial turf. Located in an established neighborhood, this is a high-potential acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4709 Greenbrier Subject | $850,000* List Price | 3 | 2 | 1,314 | $661 | - |
A 6751 Carthage Street Sold | $975,000 | 3 | 2 | 1,444 | $675 | 1.0 mi |
B 6809 Carthage Sold | $915,000 | 3 | 2 | 1,228 | $745 | 1.0 mi |
C 6542 Burgundy St Sold | $910,000 | 4 | 2 | 1,482 | $614 | 0.3 mi |
D 4890 Glacier Sold | $890,000 | 3 | 2 | 1,090 | $817 | 0.7 mi |
E 6889 Glenroy Street Sold | $948,000 | 4 | 2 | 1,242 | $763 | 1.0 mi |
F 4633 Rainier Ave Sold | $850,000 | 3 | 2 | 1,225 | $694 | 0.5 mi |
G 6881 Newberry Street Active | $900,000 List Price | 4 | 2 | 1,284 | $701 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this home is well-maintained but significantly dated. The kitchen features a mix of older dark wood uppers and painted lower cabinets with laminate countertops. Interior finishes include popcorn ceilings and older carpeting, and the listing explicitly notes the opportunity to update and personalize, indicating it has not had a major renovation in over 20 years.
The backyard is a standout feature of the property, featuring a gazebo, artificial turf, and generous space that creates a turnkey environment for entertaining and relaxation.
Marketed as an 'opportunity' home, this property allows buyers to build significant equity by modernizing the 1958 structure and personalizing it to current market standards.
Situated in a highly established San Diego neighborhood, the home offers excellent proximity to top-rated schools, parks, shopping, and convenient freeway access.
The property is positioned as needing updates and 'ready for its next chapter,' suggesting that the interior finishes are likely dated and will require immediate capital investment.
With only 1,314 square feet of living space, the home may feel restrictive for larger families or those requiring expansive indoor common areas and storage.
Range Price: $750,000–$850,000. Opportunity awaits in this Allied Gardens home, ready for its next chapter. Owned solar electric is the highlight upgrade, and bright, comfortable living spaces offer an inviting place to enjoy today while providing the opportunity to update and personalize over time. The spacious living room flows into the kitchen and dining area, creating a functional layout for everyday living. Three bedrooms and two baths provide flexibility for family, guests or a home office. The backyard is where this property truly shines. A gazebo, artificial turf and generous outdoor living spaces create an ideal setting for barbecues, entertaining friends or simply relaxing outdoors. Whether you're hosting a gathering or enjoying a quiet evening at home, this backyard offers room to make it your own. Conveniently located near shopping, dining, parks, schools and freeway access, this home offers an outstanding opportunity to build equity in one of Allied Gardens' most established neighborhoods. Bring your ideas and make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,314 | 1,777 |
| Lot Size | 6,000 | 6,600 |
| Price | $850.0K | $1.24M |
| Price per sq ft | $647 | $743 |
| Built year | 1958 | 1972 |
| HOA | $0 | $200 |
| Days on market | 4 | 39 |
Jul 18, 2026
$850,000
Initial Listing