4965 Wightman St, San Diego, California 92105, San Diego, 92105 - 3 bed, 2 bath
ACTIVE$799,000$1,700/sqft
Est. Value: $832,040
4%
BelowEstimate
4965 Wightman St, San Diego, California 92105
3Beds
2Baths
1,700Sqft
4,791.6Lot
Price Vs. Estimate
The estimated value ($832,039.79) is $33,039.79 (4%) higher than the list price ($799,000). This property may be underpriced.
Key pros and cons
Top Pros:
Income-Generating Unit: The property features a separate 1-bedroom, 1-bathroom unit with its own entrance and outdoor patio, currently generating $1795/month in rental income, offering immediate financial benefit or multi-generational living potential.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4791, other record lot size in square feet = 4851.
Compared to the nearby listings
Price:$799.0K vs avg $707.8K (+$91,232.5)75%
Size:1,700 sqft vs avg 1,093.5 sqft90%
Price/sqft:$470 vs avg $62215%
More Insights
Built in 1942 (84 years old).
Condition: Built in 1942, this property features kitchens and bathrooms that are functional but aesthetically dated, likely having been renovated 15-30 years ago. The main kitchen has older appliances and cabinetry, and the lower unit kitchen is even more outdated with a drop ceiling. Window AC units are present instead of central cooling. While the hardwood floors are in good condition and a paid-off solar system is a significant asset, the property explicitly states it 'needs some minor TLC' and the 'price reflects condition,' indicating a need for cosmetic updates to meet modern standards.
Year Built
1942
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$470
HOA
-
Days on market
-
Sold On
-
MLS number
2600209SD
Home ConditionFair
Features
Deck
Patio
View-
About this home
RARE Opportunity!! Enter into a fully fenced and private lot in central San Diego where you will find a home full of original details. This upstairs of this residence features 2 bedrooms and 1 bath with a quaint kitchen featuring hardwood floors and a living room with a wall of built-in bookshelves that can be turned into a 3rd bedroom. A wraparound balcony invites you to enjoy the lush garden and fruit trees. One level down and with its own separate entrance and an outdoor patio is another 1 bed, 1 bath space that currently generates $1795/mth in rent. Property has a fully paid off solar system to keep your electrical bill very low. Home needs some minor TLC, price reflects condition.
A
Amar Harrag
Listing Agent
Nearby schools
6/10
Marshall Elementary School
Public,•K-5•0.3mi
3/10
Fay Elementary School
Public,•K-5•0.4mi
5/10
Ibarra Elementary School
Public,•K-5•0.4mi
4/10
Mann Middle School
Public,•6-8•0.8mi
4/10
Crawford High School
Public,•9-12•0.7mi
Price History
Date
Event
Price
07/10/19
Sold
$480,000
05/19/06
Sold
$418,000
Condition Rating
Fair
Built in 1942, this property features kitchens and bathrooms that are functional but aesthetically dated, likely having been renovated 15-30 years ago. The main kitchen has older appliances and cabinetry, and the lower unit kitchen is even more outdated with a drop ceiling. Window AC units are present instead of central cooling. While the hardwood floors are in good condition and a paid-off solar system is a significant asset, the property explicitly states it 'needs some minor TLC' and the 'price reflects condition,' indicating a need for cosmetic updates to meet modern standards.
Pros & Cons
Pros
Income-Generating Unit: The property features a separate 1-bedroom, 1-bathroom unit with its own entrance and outdoor patio, currently generating $1795/month in rental income, offering immediate financial benefit or multi-generational living potential.
Paid-Off Solar System: A fully paid-off solar system is installed, significantly reducing electrical bills and providing long-term cost savings and environmental benefits.
Central San Diego Location: Located in central San Diego, the property benefits from a desirable and convenient address, offering good access to amenities and strong potential for appreciation.
Private & Landscaped Lot: The fully fenced and private lot boasts a lush garden and fruit trees, enhancing outdoor living space, privacy, and curb appeal.
Flexible Living Space: The main residence offers original details, hardwood floors, and a living room with built-in bookshelves that can be converted into a third bedroom, providing adaptability and character.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4791, other record lot size in square feet = 4851.
Requires Minor TLC: The property explicitly states it 'needs some minor TLC' and that the 'price reflects condition,' indicating that a buyer should anticipate immediate investment for repairs or updates.
Older Home (1942 Build): Built in 1942, the home, while retaining original details, may have outdated systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or significant renovation beyond minor cosmetic updates.
Potentially Outdated Kitchen: The description mentions a 'quaint kitchen,' which often suggests it may be smaller or less modern than what contemporary buyers expect, potentially requiring an upgrade to meet current standards.