4745 Coronado, San Diego, California 92107, San Diego, 92107 - 2 bed, 1 bath
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4745 Coronado
San Diego, California 92107
ACTIVE
CONDITION: FAIR
2Beds
1Baths
870Sq Ft
7,000Lot Size
Property Price
LIST PRICE$1,699,000
EST. MARKET VALUE
$1,535,814
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,699,000—positioned above the $1,535,814 Fair Market Value. While the current Condition Rating of 4 reflects a functional, updated casita, the true value lies in the 7,000 sq. ft. lot and its Development Potential. Located just two blocks from the ocean with Ocean Views, this site is zoned for potential subdivision. It is an ideal acquisition for Real Estate Developers or Custom Home Builders seeking a prime coastal project.
Estimated Market Value
$1,535,814
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 |
|---|---|---|---|---|---|---|
★ 4745 Coronado Subject 2 bd · 1 ba · 870 sqft · $1,765 | $1,699,000* List Price | 2 | 1 | 870 | $1,765 | - |
A 4450 Cape May Avenue Sold 2 bd · 2 ba · 885 sqft · $1,582 · 0.7 mi | $1,400,000 | 2 | 2 | 885 | $1,582 | 0.7 mi |
B 4304 Del Mar Avenue Sold 3 bd · 2 ba · 1,194 sqft · $1,619 · 0.5 mi | $1,933,000 | 3 | 2 | 1,194 | $1,619 | 0.5 mi |
C 1772 Redondo Street Sold 3 bd · 1 ba · 1,066 sqft · $1,449 · 0.7 mi | $1,545,000 | 3 | 1 | 1,066 | $1,449 | 0.7 mi |
D 4390 Niagara Ave Pending 3 bd · 2 ba · 1,029 sqft · $1,555 · 0.6 mi | $1,599,900 List Price | 3 | 2 | 1,029 | $1,555 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While marketed primarily as a development opportunity for its land value, the 1924 casita features an updated kitchen and bathroom, original hardwood floors, and is fully functional and livable, ruling out a strict tear-down classification.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ocean Beach Elementary School (10/10).
- Development Potential
The rare 7,000 sq. ft. lot offers significant investment upside with the potential to subdivide into two legal lots for the construction of two custom coastal homes.
- Prime Coastal Location
Situated just two blocks from the ocean and cliffs, the property provides desirable ocean views and immediate access to the quintessential Ocean Beach lifestyle.
CONSRISKS & DEFICIENCIES
- Limited Existing Living Space
The current 870 sq. ft. casita is undersized for the price point, likely requiring a total redevelopment or major expansion to meet modern residential needs.
- Land-Heavy Valuation
With a list price of nearly $1.7M, the value is almost entirely in the land, which may deter traditional buyers who are not prepared for a complex development project.
About 4745 Coronado
OCEAN VIEW DEVELOPMENT OPPORTUNITY IN OCEAN BEACH! This is all about the land, location and possibilities. Rare approximately 7,000 sq. ft. lot just 2 blocks from the ocean with potential for two legal lots and the opportunity to create two custom coastal homes. Enjoy ocean views and the quintessential Ocean Beach lifestyle, with the coastline, cliffs and unforgettable sunsets just a short walk from your front door. Currently situated on the property is a charming 1924 2-bedroom, 1-bath casita featuring original hardwood floors, updated bathroom & kitchen, plus a detached 2-car garage with convenient alley access. Enjoy the property today, renovate and make it your own, or explore the future development potential. An exceptional opportunity for a builder, contractor, investor, developer, or end user looking to create a custom coastal residence in one of San Diego's most desirable neighborhoods. This is about what you can enjoy now and could create here later.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Ocean Beach Elementary School
Grades K-4 • 0.5 mi
10/10
Silver Gate Elementary School
Grades K-4 • 0.6 mi
9/10
Sunset View Elementary School
Grades K-4 • 1.0 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 870 | 1,752.269 |
| Lot Size | 7,000 | 6,446.159 |
| Price | $1.70M | $1.27M |
| Price per sq ft | $2.0K | $736 |
| Built year | 1924 | 1971 |
| HOA | $0 | $186 |
| Days on market | 31 | 41 |
Pricing History
Listed for Sale
Sep 24, 2026
$1,699,000
Initial Listing
Sold
Sep 16, 2020
$1,200,000
Public Record