
San Diego, California 92109
This Stunning Beach Home is a High-Potential Investment Opportunity, listed at $1,995,000—positioned above the $1,866,666 Fair Market Value. Despite the premium, the property features a Condition Rating of 2 (Mint), showcasing a complete modern transformation with high-end finishes. With Zoning R2 and ADU potential, this asset offers significant long-term value. Located just two blocks from Law Street Beach and near Bird Rock Elementary (10/10), it provides an elite coastal lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-yield property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4827 Bayard St Subject 3 bd · 2 ba · 1,126 sqft · $1,658 | $1,995,000* List Price | 3 | 2 | 1,126 | $1,658 | - |
A 1343 Emerald St Sold 3 bd · 3 ba · 1,350 sqft · $1,518 · 0.5 mi | $2,049,000 | 3 | 3 | 1,350 | $1,518 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone a complete modern transformation within the last 5 years. The interior features a high-end kitchen with contemporary cabinetry, quartz countertops, and stainless steel appliances. The home boasts updated polished concrete flooring, modern lighting, fresh paint, and refinished exposed beam ceilings, presenting in mint, move-in-ready condition.
Elementary School: Bird Rock Elementary School (10/10).
Situated just two blocks from Law Street Beach and within walking distance to the Boardwalk and Garnet Avenue, this property offers an elite lifestyle in a highly sought-after Pacific Beach neighborhood.
Zoned R2 (minor multiple) with the specific option to add an Accessory Dwelling Unit (ADU), this property provides excellent opportunities for value-add construction or multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With a list price of $1,995,000 for 1,126 square feet, the property commands a significant premium that may challenge buyers looking for more interior living space at this price point.
The 3,100 square foot lot is relatively small for the area, which limits private outdoor yard space and may complicate the footprint for a potential ADU addition.
2-BLOCKS TO THE OCEAN!!! Tax record reflects 4 bedroom 2 bath. This Charming Beach Home has been transformed into a stunning 3 bedroom, with optional 4th bedroom, 2 bath stunner with an option to add an ADU. Zoned R2 minor multiple. Incredible light and bright open floor plan. A Plus Plus Location!!! Just 2 blocks to world famous Law Street Beach. Walk to the Boardwalk, Garnet, the Beach, Restaurants, Clubs, Shopping and more! This property would make a great Primary Residence, 2nd Home, STR, or Long Term Rental. Come see it now before its gone.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,126 | 1,752.269 |
| Lot Size | 3,100 | 6,446.159 |
| Price | $2.00M | $1.27M |
| Price per sq ft | $1.8K | $736 |
| Built year | 1955 | 1971 |
| HOA | $0 | $186 |
| Days on market | 33 | 41 |
Sep 22, 2026
$1,995,000
Initial Listing
Apr 1, 2025
$1,500,000
Public Record