4837 Castle Avenue, San Diego, California 92105, San Diego, 92105 - 2 bed, 3 bath
ACTIVE$735,000
4837 Castle Avenue, San Diego, California 92105
2Beds
3Baths
936Sqft
Lot
Price Vs. Estimate
The estimated value ($698,074.675) is $36,925.325 (5%) lower than the list price ($735,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU/JDU Development Ready: Includes fully approved and issued shovel-ready plans for an ADU, JDU, and workshop, offering significant income potential or expanded living space.
Top Cons:
Compact Living Space: At 936 sqft with 2 bedrooms, the interior living space is relatively compact, which may not suit all buyer needs.
Compared to the nearby listings
Price:$735.0K vs avg $697.0K (+$38,000)60%
Size:936 sqft vs avg 1,066 sqft33%
Price/sqft:$785 vs avg $65381%
More Insights
Built in 1940 (85 years old).
Condition: Despite being built in 1940, the property has undergone significant 'modern upgrades' as stated in the description. The visible bathroom features contemporary fixtures, a modern vanity, and a recently updated shower, indicating a renovation within the last 5-15 years. The bedroom also shows updated hardwood flooring and a modern ceiling fan. The overall condition appears move-in ready and well-maintained, aligning with the criteria for a 'Good' score, even without direct images of the kitchen, which is presumed to have received similar updates given the overall presentation.
Year Built
1940
Close
-
List price
$735K
Original List price
$795K
Price/Sqft
$785
HOA
-
Days on market
-
Sold On
-
MLS number
250038091SD
Home ConditionGood
Features
Patio
View-
About this home
4837 Castle Ave is a charming Single-Family Home, nestled in a Cul De Sac, in the vibrant City Heights Neighborhood. Built in 1940, this home combines classic character with modern upgrades, making it a standout opportunity for home owners and investors alike. The House is comprised of two bedrooms, a large bonus (Storage) room, and Three bathrooms. ***This sale includes Fully Approved and Issued Shovel Ready Plans to build a Second structure in the back yard - ADU, JDU, & Workshop.
Nearby schools
6/10
Marshall Elementary School
Public,•K-5•0.3mi
4/10
Rosa Parks Elementary School
Public,•K-5•0.4mi
3/10
Clark Middle School
Public,•6-8•0.6mi
4/10
Mann Middle School
Public,•6-8•1.1mi
4/10
Crawford High School
Public,•9-12•1.0mi
Condition Rating
Good
Despite being built in 1940, the property has undergone significant 'modern upgrades' as stated in the description. The visible bathroom features contemporary fixtures, a modern vanity, and a recently updated shower, indicating a renovation within the last 5-15 years. The bedroom also shows updated hardwood flooring and a modern ceiling fan. The overall condition appears move-in ready and well-maintained, aligning with the criteria for a 'Good' score, even without direct images of the kitchen, which is presumed to have received similar updates given the overall presentation.
Pros & Cons
Pros
ADU/JDU Development Ready: Includes fully approved and issued shovel-ready plans for an ADU, JDU, and workshop, offering significant income potential or expanded living space.
Desirable Cul-de-Sac Location: Situated in a quiet cul-de-sac within the vibrant City Heights neighborhood, enhancing privacy and community appeal.
Broad Market Appeal: Positioned as an attractive opportunity for both homeowners seeking character and investors looking for value-add potential.
Blended Charm & Modernity: Features classic 1940s character thoughtfully combined with modern upgrades, appealing to a wide range of tastes.
Top-Rated Elementary School Access: Located within a short distance of Marshall Elementary, a highly-rated public school, a strong draw for families.
Cons
Compact Living Space: At 936 sqft with 2 bedrooms, the interior living space is relatively compact, which may not suit all buyer needs.
Recent Price Adjustment: A significant price reduction from the original list price could indicate market resistance or initial overvaluation.
Potential for Older Systems: As a 1940-built home, despite modern upgrades, there's a possibility of underlying older systems or components that may require future attention.