
San Diego, California 92115
This property presents a High-Potential Investment Opportunity with a List Price of $979,000—positioned well above the $844,236 Fair Market Value by -15%. Featuring a Condition Rating of 5, the home requires a comprehensive interior and systems rehab. While the historic Talmadge location and proximity to Hardy Elementary provide long-term stability, the current layout and dated finishes necessitate significant capital expenditure. This asset is a strategic acquisition for Value-Add Investors or Contractors capable of executing a full-scale renovation to unlock the property's underlying potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4753 50th St Subject | $979,000* List Price | 3 | 1 | 1,099 | $768 | - |
A 4837 Lila Dr Sold | $980,000 | 3 | 2 | 1,217 | $805 | 0.3 mi |
B 4815 Louise Drive Sold | $1,070,000 | 3 | 2 | 1,286 | $832 | 0.2 mi |
C 5278 Trojan Ave Sold | $725,000 | 3 | 1 | 947 | $766 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, the property features an extremely dated kitchen with original-style cabinetry and tile that appears to be over 40 years old. The agent's description of 'endless potential' and a 'blank canvas' backyard, combined with visible surface-mounted electrical conduit, indicates the home requires a comprehensive rehab of its primary systems and interior finishes.
Situated in the highly desirable Talmadge neighborhood, the property offers a strong sense of community and excellent proximity to Kensington, SDSU, and major transit corridors.
The home features original wood flooring and bright, light-filled interiors, providing a warm and authentic aesthetic that serves as a high-quality foundation for future updates.
The property benefits from proximity to top-tier educational institutions like Hardy Elementary and Patrick Henry High School, both boasting high ratings that support long-term property value.
With three bedrooms but only one bathroom, the layout may be restrictive for modern family needs and could impact the property's competitive edge in the current market.
The backyard is described as a 'blank canvas,' indicating that significant additional capital and effort will be required to develop a functional and finished outdoor living space.
Welcome to 4753 50th Street, a charming 3-bedroom, 1-bath home nestled in the heart of historic Talmadge. Featuring beautiful wood flooring throughout, bright interiors filled with natural light, and a comfortable 1,099 sq. ft. layout, this home offers warmth and character with endless potential to make it your own. The open backyard is a blank canvas, ready to be transformed into the outdoor oasis you've always envisioned. Known for its tree-lined streets, distinctive architecture, rich history, and strong sense of community, Talmadge remains one of San Diego's most sought-after neighborhoods. Ideally located just minutes from Kensington, North Park, SDSU, shopping, dining, and major freeways, this is an incredible opportunity to own a home in a timeless neighborhood with lasting appeal. Come check it out before it's gone!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,099 | 1,777 |
| Lot Size | 5,000 | 6,600 |
| Price | $979.0K | $1.24M |
| Price per sq ft | $891 | $743 |
| Built year | 1946 | 1972 |
| HOA | $0 | $200 |
| Days on market | 3 | 39 |
Jul 21, 2026
$979,000
Initial Listing
Apr 17, 2003
$420,000
Public Record
Jul 16, 2002
$395,000
Public Record
Nov 17, 2000
$260,000
Public Record