4878 Alfred Ave, San Diego, California 92120, San Diego, 92120 - 4 bed, 2 bath
4878 Alfred Ave
San Diego, California 92120
Property Price
SUMMARY
Analysis of 4878 Alfred Ave, San Diego, California 92120 reveals a Prime Investment Opportunity with a current list price of $1,150,000—significantly undercutting the $1,226,448 Fair Market Value by 6%. This valuation gap indicates a +$76,448 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4878 Alfred Ave Subject | $1,150,000* List Price | 4 | 2 | 1,635 | $750 | - |
A 6182 Loukelton Circle Sold | $1,135,250 | 3 | 2 | 1,530 | $742 | 0.9 mi |
B 6994 Carthage Street Sold | $1,189,000 | 4 | 3 | 1,690 | $704 | 0.9 mi |
C 4768 Allied Rd Sold | $1,180,000 | 4 | 2 | 1,663 | $710 | 0.3 mi |
D 6634 Estrella Ave Sold | $1,160,000 | 3 | 2 | 1,697 | $684 | 0.3 mi |
E 5424 Princess View Pl Sold | $1,290,000 | 4 | 2 | 1,506 | $857 | 0.7 mi |
F 6533 Crawford St Active Under Contract | $1,095,000 List Price | 3 | 3 | 1,406 | $779 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1978, this property has undergone a comprehensive and very recent renovation, as evidenced by the 'fully remodeled' description and the images. The kitchen features new white shaker cabinets, quartz countertops, modern stainless steel appliances (including a dishwasher with protective film), and stylish fixtures. Both bathrooms are completely updated with contemporary vanities, tiling, and fixtures, including a large walk-in shower in the primary. New wood-look flooring is installed throughout, and the home benefits from central air conditioning. All visible components appear virtually new, meeting current quality standards with no deferred maintenance, making it truly move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8500, living area = 1635.
- Extensive Remodel & Move-in Ready
The home has been fully remodeled with stylish finishes, upgraded kitchen, new flooring, and renovated baths, making it completely move-in ready and offering a fresh, modern feel.
- Desirable Location & Convenience
Situated in a highly desirable Allied Gardens community, the property offers excellent proximity to schools, shopping, dining, freeway access, Mission Valley, and SDSU.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1635, other record living area = 1579. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Recently Sold Property
The property was recently sold within the past year on 2025-10-24. The sold price is $803,000.00.
- Age of Original Construction
Despite extensive remodels, the home's original construction year of 1978 means potential buyers may inquire about the condition of underlying systems (e.g., plumbing, electrical, roof) not explicitly mentioned as replaced.
About 4878 Alfred Ave
Welcome to 4878 Alfred Ave, a fully remodeled home in Allied Gardens that checks every box. Featuring 4 bedrooms and 2 beautifully updated bathrooms, this property offers a fresh, modern feel with stylish finishes throughout. The open, light-filled layout is perfect for entertaining or everyday living, while the upgraded kitchen, new flooring, and renovated baths make it completely move-in ready. Located in a highly desirable, established San Diego community close to schools, shopping, dining, and freeway access. Turnkey, thoughtfully updated, and ready for its next owner — opportunities like this don’t last. Situated on a residential street just minutes from Mission Valley, SDSU, shopping, dining, and easy freeway access, this home offers both convenience and a true neighborhood feel. Inside, enjoy the rare benefit of central air conditioning, perfect for year-round comfort. The spacious primary suite is a true retreat, featuring a generously sized bedroom, ensuite bathroom, and walk-in closet—a combination that’s hard to find in the area. The home’s layout is both functional and inviting, ideal for everyday living and entertaining alike. Allied Gardens is known for its strong sense of community, nearby parks, and convenient central location—making this a great opportunity for buyers looking to put down roots in a highly desirable San Diego neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 8,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,635 | 1,737 | 42% |
| Lot Size | 8,500 | 7,000 | 68% |
| Price | $1.15M | $1.15M | 50% |
| Price per sq ft | $703 | $679 | 62% |
| Built year | 1978 | 1964 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 142 | 11% |
Pricing History
Listed for Sale
Jan 23, 2026
$1,150,000
Initial Listing
Sold
Oct 24, 2025
$803,000
Public Record
Sold
Jun 18, 2004
$465,000
Public Record