4826 Jellett Street, San Diego, California 92110, San Diego, 92110 - 4 bed, 2 bath
Loading property details...
San Diego, California 92110
This property presents a High-Potential Investment Opportunity with a List Price of $1,500,000—positioned well below the $1,544,414 Fair Market Value by 2%. This valuation gap offers $44,414 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), the home requires a full renovation, yet its panoramic bay and ocean views and 6,970 sqft lot provide a rare canvas for value-add projects. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-demand Bay Park location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4826 Jellett Street Subject | $1,500,000* List Price | 4 | 2 | 1,726 | $895 | - |
A 2552 Deerpark Dr Sold | $1,793,300 | 4 | 2 | 1,965 | $913 | 0.4 mi |
B 2212 August Sold | $1,590,000 | 4 | 3 | 1,799 | $884 | 0.6 mi |
C 2343 Cecelia Ter Sold | $1,125,000 | 3 | 1 | 1,285 | $875 | 0.2 mi |
D 1935 Goldfield Sold | $1,290,000 | 3 | 2 | 1,372 | $940 | 0.6 mi |
E 2539 Galveston St Pending | $1,378,400 List Price | 3 | 2 | 2,155 | $640 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 with no evidence of significant renovations, this property is a classic 'fixer-upper.' The kitchen and bathrooms are severely dated, featuring original-style cabinetry and fixtures. The listing description explicitly targets investors and remodelers, confirming the need for a full rehab to address the aging systems and interior.
The property is perched to capture stunning, unobstructed bay and ocean views, providing a premium aesthetic that significantly enhances long-term property value.
Situated in a high-demand coastal pocket, the home offers unparalleled access to Mission Bay, Pacific Beach, and major employment hubs like UTC and Downtown San Diego.
With a spacious 4-bedroom footprint and a nearly 7,000 sqft lot, this property serves as an ideal canvas for a high-end remodel or custom rebuild in a neighborhood with climbing values.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6969, other record lot size in square feet = 7100.
The property is marketed as a fixer-upper for investors and remodelers, implying that the 1959 structure likely requires substantial capital expenditure for modernization.
At a $1.5M price point for a home requiring a contractor, the initial investment is high, which may limit the buyer pool to those with significant liquid reserves for construction.
Views. Vision. Value. This is the one investors and remodelers have been waiting for! Perched to capture stunning bay and ocean views, this 4 bedroom, 2 bath Bay Park home is bursting with potential, a rare chance to create something extraordinary in one of San Diego's most connected, high demand locations. Minutes from Mission Bay, Pacific Beach, and SeaWorld, with quick freeway access to Downtown, La Jolla, and the UTC job corridor, this location alone puts you ahead of the market. Whether you're an investor chasing your next high upside project, build your dream home or a buyer ready to reimagine a space and make it your own, this property delivers what can't be built: unbeatable water views and a location that keeps demand and value climbing. Opportunities like this don't sit long. Bring your vision, bring your contractor, and see what's possible.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,726 | 1,777 |
| Lot Size | 6,969.6 | 6,600 |
| Price | $1.50M | $1.24M |
| Price per sq ft | $869 | $743 |
| Built year | 1959 | 1972 |
| HOA | $0 | $200 |
| Days on market | 5 | 39 |
Jul 17, 2026
$1,500,000
Initial Listing