4850 69th Place, San Diego, California 92115, San Diego, 92115 - 5 bed, 2 bath
Loading property details...
4850 69th Place
San Diego, California 92115
ACTIVE
CONDITION: GOOD
5Beds
2Baths
1,624Sq Ft
5,223Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$914,242
SUMMARY
This Hybrid Income-Generating Property is a Strong Value Opportunity, listed at $899,000—positioned well below the $914,243 Fair Market Value by 1.6%. This valuation gap offers $15,243 in Instant Equity. Featuring a Good Condition Rating, the home includes a remodeled Junior ADU and financed solar panels, providing immediate rental income and energy efficiency. While the main house requires cosmetic updates, the spacious backyard with pergola adds significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$914,242
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 |
|---|---|---|---|---|---|---|
★ 4850 69th Place Subject | $899,000* List Price | 5 | 2 | 1,624 | $563 | - |
A 6411 Bradford Street Sold | $915,000 | 3 | 2 | 1,585 | $577 | 0.9 mi |
B 4608 Valencia Sold | $882,500 | 3 | 2 | 1,412 | $625 | 0.5 mi |
C 6516 Estelle Street Active | $950,000 List Price | 3 | 2 | 1,557 | $610 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the property was built in 1953, it has been well-maintained and features significant updates including a fully remodeled JADU with a new mini-split system and solar panels. The main house shows modern flooring and fresh paint throughout; however, the kitchen and bathrooms appear to be cosmetic refreshes of older structures (painted original cabinetry and older tile) rather than full gut renovations, placing it in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
The property includes a fully remodeled, turnkey Junior ADU with a history of $2,400 monthly rental income, providing an immediate and significant offset to mortgage costs.
- Energy Efficiency
A 14-panel solar system offers predictable energy expenses at $255 per month, a major value-add for long-term cost management in the San Diego area.
- Outdoor Entertainment Amenities
The backyard is highly functional and ready for use, featuring a wooden pergola, built-in Cabela grill, and irrigated gardening beds that enhance the property's lifestyle appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Limited Bathroom Utility
The main house contains four bedrooms but only one bathroom, which may be a significant drawback for larger families or co-living rental arrangements.
- Insufficient Parking
With a total of five bedrooms across two units, the single-car garage and limited parking capacity may not meet the needs of a high-occupancy household.
About 4850 69th Place
Sellers will consider a 2-1 rate buydown with the right offer. This 1,624 sq ft home delivers serious value with a built-in income strategy already in place. The main house offers 4 bedrooms and 1 bathroom, providing plenty of space for an owner-occupant or tenants. An attached junior ADU that features 1 bedroom, 1 bathroom, and its own mini-split system — a turnkey unit ready to generate rental income from day one that was previously rented out for $2,400 a month! Financed solar with 14 panels keeps energy costs predictable at $255/month, and a 1-car attached garage with washer and dryer. Out back, the spacious yard is built for enjoyment and entertaining — a wooden pergola with a built-in Cabela grill, plus raised gardening beds with irrigation. Lots of potential with this property for the right buyer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 5,223 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Rolando Elementary School
Grades K-6 • 0.2 mi
4/10
Clay Elementary School
Grades K-5 • 0.6 mi
5/10
La Mesa Middle School
Grades 7-8 • 1.3 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,624 | 1,777.941 |
| Lot Size | 5,223 | 6,474.445 |
| Price | $899.0K | $1.27M |
| Price per sq ft | $554 | $741 |
| Built year | 1953 | 1971 |
| HOA | $0 | $184 |
| Days on market | 16 | 40 |
Pricing History
Listed for Sale
Aug 24, 2026
$899,000
Initial Listing
Sold
Jun 27, 2023
$830,000
Public Record