5037 Waring Rd, San Diego, California 92120, San Diego, 92120 - 3 bed, 2 bath
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San Diego, California 92120
This Mid-Century Value-Add Residence represents a stable entry into the Allied Gardens market, listed at $850,000. Positioned near the $800,500 Fair Market Value, the property’s worth is anchored by its Condition Rating of 4 and meticulous maintenance. Key features include hardwood floors awaiting discovery, a newer air conditioning system, and a 5,500 sq. ft. lot with a private patio. Located in a high-demand San Diego zip code, this home offers a clear path to forced appreciation through kitchen and bath modernization. It is an ideal project for Fix-and-Flip Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5037 Waring Rd Subject | $850,000* List Price | 3 | 2 | 1,097 | $730 | - |
A 5579 Barclay Ave Sold | $867,500 | 3 | 2 | 1,249 | $695 | 0.8 mi |
B 6549 Glenroy Sold | $804,520 | 3 | 1 | 1,019 | $790 | 0.2 mi |
C 6055 48th St Sold | $860,000 | 3 | 1 | 1,019 | $844 | 0.6 mi |
D 6818 Carthage St Sold | $859,250 | 4 | 2 | 1,174 | $732 | 0.5 mi |
E 6889 Glenroy Street Sold | $948,000 | 4 | 2 | 1,242 | $763 | 0.7 mi |
F 4820 Zion Ave Sold | $869,000 | 3 | 2 | 1,097 | $792 | 0.4 mi |
G 4914 Zion Avenue Active | $879,900 List Price | 3 | 2 | 1,349 | $652 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1956 home is well-maintained and functional but remains largely in its original vintage state. While it features a newer air conditioning system, the kitchen and bathrooms are significantly dated with mid-century knotty pine cabinetry and older tile work. The interior requires cosmetic updates, including replacing the wall-to-wall carpeting and modernizing the appliances and fixtures to meet current market standards.
Situated in the highly desirable Allied Gardens neighborhood, this home offers a rare entry point into a beloved San Diego community known for its classic character and strong value retention.
With original hardwood floors preserved under the carpet and a well-maintained structure, the property provides an excellent opportunity for buyers to build equity through thoughtful, cosmetic updates.
Unlike many homes of this era, this property features a newer air conditioning system and has been meticulously cared for, allowing for immediate occupancy while planning future renovations.
The interior features a vintage kitchen and older carpeting, which may require a significant budget for modernization to appeal to buyers seeking contemporary finishes.
With just under 1,100 square feet for a three-bedroom layout, the room sizes and overall living area may feel restrictive for those accustomed to modern open-concept designs.
Located in Allied Gardens, one of San Diego’s most beloved mid-century neighborhoods, this charming home offers a rare opportunity to own a piece of classic character while making it your own. Lovingly maintained with true pride of ownership, the home showcases its original charm, including hardwood floors waiting to be revealed beneath the carpet and a vintage kitchen that reflects the timeless appeal of the era. Thoughtful updates, including newer air conditioning, provide added comfort, while the home’s well-kept condition allows for immediate enjoyment or a gradual, personalized renovation. This home is a perfect entry into the neighborhood—offering the chance to move in and enjoy as-is, or thoughtfully update over time while building equity in a highly desirable San Diego location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,097 | 1,696 | 6% |
| Lot Size | 5,500 | 7,000 | 19% |
| Price | $850.0K | $1.15M | 4% |
| Price per sq ft | $775 | $691 | 76% |
| Built year | 1956 | 1964 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 117 | 7% |
Mar 31, 2026
$850,000
Initial Listing
May 24, 1999
$155,000
Public Record