4964 Kendall St., San Diego, California 92109, San Diego, 92109 - 4 bed, 2 bath

4964 Kendall St., San Diego, California 92109 home-pic-0
ACTIVE$2,850,000
4964 Kendall St., San Diego, California 92109
4Beds
2Baths
1,980Sqft
Lot

Price Vs. Estimate

The estimated value ($2,414,563.19) is $435,436.81 (15%) lower than the list price ($2,850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Development Opportunity: The property comes with build-ready, city-approved, and paid-for plans, including an ADU, eliminating significant permit wait times and costs for new construction.
Top Cons:
Condition of Existing Structure: The 1948 mid-century home is described as 'ready to live in, or tear down,' implying it requires substantial renovation or demolition to realize the property's full potential, adding significant project costs.

Compared to the nearby listings

Price:$2.85M vs avg $2.05M (+$800,000)79%
Size:1,980 sqft vs avg 1,950.5 sqft51%
Price/sqft:$1.4K vs avg $1.2K71%

More Insights

Built in 1948 (77 years old).
Condition: Built in 1948, this home is significantly aged. While the listing states it's 'ready to live in,' the interior images, particularly of the kitchen and bathrooms, reveal highly dated styles and features. The kitchen has older light wood cabinets, dark countertops, and a mix of older and basic appliances. The bathrooms feature dated tiled countertops, basic vanities, and older tile flooring. The overall aesthetic and components suggest no major renovations in several decades, likely 30-50 years ago. The property requires substantial rehabilitation and modernization to meet current standards, aligning with the 'poor' condition criteria, even though it's technically habitable. The listing itself suggests 'tear down' as a viable option, emphasizing the land's value over the existing structure.
Year Built
1948
Close
-
List price
$2.85M
Original List price
$2.3M
Price/Sqft
$1,439
HOA
-
Days on market
-
Sold On
-
MLS number
250022999SD
Home ConditionPoor
Features
Excellent View: Bay, Coastline, Mountain(s), Neighborhood, Ocean, Panoramic, Water
ViewBay, Coastline, Mountain(s), Neighborhood, Ocean, Panoramic, Water

About this home

This is a RARE extra large 8,400 ft corner lot in Pacific Beach with UNOBSTRUCTED VIEWS. BUILD READY Permitted plans already filed with city, and approved, and PAID FOR with ADU, ready for construction TODAY. That means no permit wait times to build. Currently rented without interruptions in rent consecutively. Rent our or live in, or Build your spectacular dream home with full panoramic sit down views of Mission Bay, downtown, the Pacific Ocean and beyond. Corner to Corner lot with only 1 neighbor on the shared property line. It's on high ground near Kate Sessions Park & Mt Soledad, just 1.1 miles from the beach. You can enjoy glorious sunsets year round. It has a mid-century 4-BR, 2 bath home that is ready to live in, or tear down. This property has immense potential! Just picture yourself in a brand new McMansion on this perfect site! Perfect spot for a vacation hideaway or primary home for raising children in the large yard.

Nearby schools

9/10
Sessions Elementary School
Public,K-50.5mi
7/10
Pacific Beach Elementary School
Public,K-50.6mi
7/10
Crown Point Jr Music Academy
Public,K-51.0mi
10/10
Bird Rock Elementary School
Public,K-51.5mi
8/10
Cadman Elementary School
Public,K-51.7mi
7/10
Toler Elementary School
Public,K-51.8mi
9/10
La Jolla Elementary School
Public,K-52.8mi
6/10
Pacific Beach Middle School
Public,6-80.4mi
5/10
Marston Middle School
Public,6-82.4mi
8/10
Muirlands Middle School
Public,6-82.4mi
6/10
Mission Bay High School
Public,9-121.0mi
5/10
Clairemont High School
Public,9-122.1mi
8/10
La Jolla High School
Public,9-122.5mi
Condition Rating
Poor

Built in 1948, this home is significantly aged. While the listing states it's 'ready to live in,' the interior images, particularly of the kitchen and bathrooms, reveal highly dated styles and features. The kitchen has older light wood cabinets, dark countertops, and a mix of older and basic appliances. The bathrooms feature dated tiled countertops, basic vanities, and older tile flooring. The overall aesthetic and components suggest no major renovations in several decades, likely 30-50 years ago. The property requires substantial rehabilitation and modernization to meet current standards, aligning with the 'poor' condition criteria, even though it's technically habitable. The listing itself suggests 'tear down' as a viable option, emphasizing the land's value over the existing structure.
Pros & Cons

Pros

Exceptional Development Opportunity: The property comes with build-ready, city-approved, and paid-for plans, including an ADU, eliminating significant permit wait times and costs for new construction.
Unobstructed Panoramic Views: Offers rare and permanent panoramic sit-down views of Mission Bay, downtown San Diego, the Pacific Ocean, and year-round sunsets.
Rare, Oversized Corner Lot: An extra-large 8,400 sq ft corner lot in Pacific Beach with only one shared property line, providing superior privacy and development flexibility.
Prime Coastal Location: Situated on high ground in desirable Pacific Beach, near Kate Sessions Park & Mt Soledad, and just 1.1 miles from the beach.
Immediate Income Potential: Currently rented without interruptions, offering a consistent income stream for investors or while future development plans are executed.

Cons

Condition of Existing Structure: The 1948 mid-century home is described as 'ready to live in, or tear down,' implying it requires substantial renovation or demolition to realize the property's full potential, adding significant project costs.
High Upfront Investment: The current list price, coupled with the necessity of a major construction project to maximize value, represents a substantial financial commitment for a buyer.
Construction Project Required: Despite approved plans, realizing the 'dream home' vision necessitates undertaking a large-scale construction project, which involves considerable time, effort, and additional capital beyond the purchase price.

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