
San Diego, California 92117
This Strategic Value-Add Asset is listed at $897,000, positioned near its $853,825 Fair Market Value. Currently holding a Fixer Condition Rating, the property offers significant upside through the ADU Bonus program on its flat 6,800 square foot lot. A new roof (2021) provides a solid foundation for a full interior rehab. Located within the prestigious Holmes Elementary (9/10) boundary, the site combines high rental demand with massive forced appreciation potential. This is a prime acquisition for Fix-and-Flip Investors or Contractors looking to maximize density in North Clairemont.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5020 Frink Avenue Subject | $897,000* List Price | 4 | 2 | 1,176 | $726 | - |
A 4972 Ensign St Sold | $930,000 | 4 | 2 | 1,176 | $791 | 0.1 mi |
B 4555 Conrad Ave Sold | $805,000 | 3 | 2 | 1,098 | $733 | 0.1 mi |
C 5002 Dubois Dr Sold | $830,535 | 3 | 2 | 1,080 | $769 | 0.4 mi |
D 5062 Millwood Rd Sold | $964,000 | 3 | 2 | 1,412 | $683 | 0.2 mi |
E 4428 Mount Herbert Ave Sold | $895,000 | 3 | 2 | 1,427 | $627 | 0.9 mi |
F 5041 Canosa Ave Sold | $791,535 | 2 | 1 | 1,014 | $781 | 0.8 mi |
G 5217 Cole Active Under Contract | $949,900 List Price | 3 | 2 | 1,024 | $928 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and explicitly marketed as a fixer, the property requires a total interior rehab. While a new roof was installed in 2021, the kitchen and bathrooms appear to be original or decades-old, featuring dated cabinetry, popcorn ceilings, and worn flooring. The overall condition reflects over 30 years without significant interior modernization, fitting the criteria for a major renovation project.
Elementary School: Holmes Elementary School (9/10).
The property features a large, flat 6,800 square foot lot that qualifies for the ADU Bonus program, offering a significant opportunity to build multiple units and maximize rental income or resale value.
Situated in North Clairemont, the home offers excellent accessibility to the I-805 and I-52 freeways, Clairemont Town Square shopping, and is within walking distance to high-rated Hawthorne Elementary.
Marketed as a fixer opportunity, the home requires a comprehensive renovation and design overhaul to meet modern living standards and realize its full market potential.
With four bedrooms and two baths squeezed into just 1,176 square feet, the interior layout is likely cramped, featuring smaller bedroom sizes that may not appeal to all buyer profiles.
Fixer opportunity in North Clairemont! Bring your design ideas to renovate this single story gem. Includes 4 bedrooms 2 baths, and 1,176 square feet of living space. Unique feature of the home is the large flat usable lot of 6,800 square feet which qualifies for multiple ADU's to be built using the ADU Bonus program. New Roof was installed in 2021. Large 2 car garage. Central location near Clairemont Town Square Shopping center, I-805 and I-52. Come see!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,176 | 1,490.5 | 16% |
| Lot Size | 6,800 | 6,300 | 63% |
| Price | $897.0K | $1.20M | 9% |
| Price per sq ft | $763 | $791 | 38% |
| Built year | 1956 | 1961 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 155 | 6% |
Apr 18, 2026
$897,000
Initial Listing