4941 Gary St., San Diego, California 92115, San Diego, 92115 - 8 bed, 4 bath
4941 Gary St.
San Diego, California 92115
Property Price
SUMMARY
Analysis of 4941 Gary St., San Diego, California 92115 reveals a Fairly Priced Property with a current list price of $1,725,000 aligned with the estimated $1,745,191 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 4941 Gary St. Subject | $1,725,000* List Price | 8 | 4 | 2,770 | $630 | - |
A 4917 Rockford Dr Sold | $1,750,000 | 8 | 4 | 2,442 | $717 | 0.4 mi |
B 6486 Montezuma Rd. Sold | $1,710,000 | 8 | 4 | 2,880 | $594 | 0.0 mi |
C 5051 63rd St Active | $2,200,000 List Price | 7 | 5 | 2,719 | $809 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1955, features two distinct units. The main house (4941 Gary) has been extensively renovated with updated kitchens (dark wood cabinets, granite countertops, stainless steel appliances) and bathrooms (travertine-style tiling, modern vanities), recessed lighting, and good quality flooring (tile and laminate). While the style of these renovations might be 5-15 years old, they are well-maintained and move-in ready. The ADU (6485 Montezuma) appears to be a much more recent construction or renovation, boasting a very modern aesthetic with white shaker cabinets, light countertops, subway tile backsplash, black stainless steel appliances, and contemporary bathrooms with walk-in showers. The ADU's condition is excellent, elevating the overall property quality. Considering both units, the property is move-in ready with no immediate renovations required, fitting the 'Good' category, with the ADU pushing it towards the higher end of this score.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Hearst Elementary School (10/10).
- Exceptional Rental Income & Cash Flow
The property generates a substantial total rent of $12,250 per month, providing a strong and stabilized cash flow, making it an attractive investment opportunity.
- Stabilized Occupancy with Long-Term Leases
Both the main house and the ADU are leased until June 2026, ensuring immediate and consistent revenue for the buyer without the immediate need for tenant placement.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for Deferred Maintenance
Built in 1955, the property is nearly 70 years old. Without explicit mention of recent major renovations or system updates, there's a higher likelihood of needing future investments in plumbing, electrical, roofing, or other structural components.
- Significant Price Increase Since Last Sale
The current list price of $1.725M represents a substantial increase from its $650,000 sale price in 2019, which may warrant a thorough review of recent comparable sales and the property's current condition to justify the valuation.
- Limited Information on Interior Condition/Upgrades
The property description emphasizes rental income and ADU features but lacks details regarding the interior condition, finishes, or any recent upgrades to either the main house or the ADU, potentially indicating dated aesthetics or systems.
About 4941 Gary St.
College Area stabilized cash flow! 4941 Gary (main house) leased to June 2026 $6800/mo. 6485 Montezuma (ADU) leased to June 2026 $5450/mo total rent: $12,250/mo. Professional property management specializing in College Area in place if desired. Main house is single level and spacious 4bed/2Bath 1570sqft. ADU has a completely separate entrance from Montezuma with private driveway and parking. Each unit has its own dedicated yard space.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- -
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Clay Elementary School
Grades K-5 • 0.4 mi
Rolando Elementary School
Grades K-6 • 0.8 mi
Hearst Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 96% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,770 | 1,329 | 92% |
| Lot Size | - | 6,200 | 22% |
| Price | $1.73M | $940.0K | 94% |
| Price per sq ft | $623 | $731 | 32% |
| Built year | 1955 | 1951 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 157 | 11% |
Pricing History
Listed for Sale
Jan 11, 2026
$1,725,000
Initial Listing
Sold
Jun 12, 2019
$650,000
Public Record