5007 Savannah St, San Diego, California 92110, San Diego, 92110 - 2 bed, 1 bath
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5007 Savannah St
San Diego, California 92110
ACTIVE
CONDITION: FAIR
2Beds
1Baths
884Sq Ft
0Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,204,635
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned well below the $1,204,636 Fair Market Value by 4%. This valuation gap offers $54,636 in Instant Equity. Featuring RM-1-1 Zoning and SDA/TPA eligibility, the site supports a 4-unit development strategy. With a Condition Rating of 4, the existing structure serves as a foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Real Estate Developers targeting density-driven growth in the Morena District.
Estimated Market Value
$1,204,635+$54,635 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5007 Savannah St Subject | $1,150,000* List Price | 2 | 1 | 884 | $1,363 | - |
A 1527 Galveston St Sold | $958,000 | 2 | 1 | 836 | $1,146 | 0.4 mi |
B 3911 California Sold | $1,090,000 | 2 | 1 | 1,077 | $1,012 | 0.3 mi |
C 2003 Cecelia Sold | $1,355,000 | 3 | 2 | 1,234 | $1,098 | 0.8 mi |
D 1511 Lieta St Pending | $1,150,000 List Price | 3 | 1 | 1,005 | $1,144 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the MLS data indicates a 2017 build, the property is marketed primarily as a development opportunity for its land value and density potential. The description's focus on 'converting the existing structure' from a 2/1 to a 3/2 suggests that the current interior and systems are dated or insufficient for the price point, aligning more with a property needing updates than a mint-condition modern home.
PROSSTRENGTHS & OPPORTUNITIES
- High Density Potential
Zoned RM-1-1 and situated within both SDA and TPA zones, the property offers significant development upside through San Diego’s density bonus and ADU programs, supporting a potential 4-unit configuration.
- Strategic Central Location
Located in the Morena District bordering Bay Park, the site provides exceptional access to I-5 and I-8, offering quick commutes to Downtown San Diego, the airport, and Mission Beach.
- Modern Existing Structure
Built in 2017, the current 2-bedroom residence is relatively new, providing a high-quality foundation for conversion or immediate rental income while development plans are finalized.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-07-31. The sold price is $932,500.00. The property was recently sold within the past year on 2026-06-30. The sold price is $875,000.00.
- Speculative Pricing
The $1.15M list price is heavily weighted toward future development potential rather than the current 884-square-foot utility, resulting in a high entry cost for the existing improvements.
- Entitlement Complexity
Realizing the maximum 4-unit density requires navigating complex city zoning and ADU regulations, which involves additional time, professional fees, and independent verification risks for the buyer.
About 5007 Savannah St
Located in the Morena District bordering Bay Park, 5007 Savannah St offers a rare development opportunity in one of San Diego's most centrally positioned submarkets. The 6,300 SF lot is improved with a 2Bed/1Bath single-family residence and zoned RM-1-1, falling within both an SDA and TPA, expanding entitlement flexibility and density potential under San Diego's density bonus and ADU programs. The site offers a clear path to a 4-unit configuration: converting the existing structure into a 3Bed/2Bath main house and adding (3) detached 3Bed/2Bath units in the rear yard. Minutes from Mission Beach and bordered by Bay Park, the property has immediate access to both I-5 and I-8, connecting to Downtown San Diego, the airport, and the broader employment corridor. Buyer to independently verify all information, including but not limited to zoning, entitlements, square footage, and development potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 884 | 1,777.941 |
| Lot Size | - | 6,474.445 |
| Price | $1.15M | $1.27M |
| Price per sq ft | $1.3K | $741 |
| Built year | 2017 | 1971 |
| HOA | $0 | $184 |
| Days on market | 5 | 40 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,150,000
Initial Listing
Sold
Jul 31, 2026
$932,500
Public Record
Sold
Jun 30, 2026
$875,000
Public Record