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5123 Lotus St, San Diego, California 92107, San Diego, 92107 - 1 bed, 1 bath

5123 Lotus St, San Diego, California 92107 home-pic-0
ACTIVE$950,000
5123 Lotus St, San Diego, California 92107
1Bed
1Bath
384Sqft
1,742.4Lot
Year Built
1937
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$2,474
HOA
-
Days on market
-
Sold On
-
MLS number
250044039SD
Home ConditionGood
Features
Good View:
Deck
Patio
View

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 4 Cons,6 Pros. Rank: price - $950.0K(3th), sqft - 384(1th), beds - 1(4th), baths - 1(11th).

Ocean Beach bungalow, where good things don’t just come in small packages… they come with sand between their toes. This place may be modest on paper, but don’t let the size fool you—it's a full-blown coastal overachiever. Just a flip-flop stroll from Dog Beach, local cafes, and all the wonderfully quirky OB energy, this detached cutie delivers maximum beach-town bliss with minimal effort. Relax in your private backyard oasis, enjoy the rare luxury of a detached garage (seriously, an OB unicorn), and soak in every sun-kissed, salty-air vibe you came for. Currently thriving as a successful VRBO, this little legend doubles as a vacation retreat, income generator, or your personal surf-side sanctuary. And if you’re dreaming big, the R-4 zoning has your back—because even superheroes start small.

Nearby schools

10/10
Ocean Beach Elementary School
Public,•K-4•0.6mi
9/10
Silver Gate Elementary School
Public,•K-4•1.4mi
9/10
Sunset View Elementary School
Public,•K-4•2.0mi
7/10
Crown Point Jr Music Academy
Public,•K-5•2.8mi
6/10
Correia Middle School
Public,•7-8•1.1mi
6/10
Dana
Public,•5-6•1.7mi
6/10
Pacific Beach Middle School
Public,•6-8•3.4mi
7/10
Point Loma High School
Public,•9-12•1.6mi
6/10
Mission Bay High School
Public,•9-12•3.6mi

Price History

Date
Event
Price
11/14/25
Listing
$950,000
08/12/24
Sold
$885,000
01/25/16
Sold
$405,000
08/11/06
Sold
$375,000
Condition Rating
Good
This 1937 bungalow is presented as move-in ready and currently operates as a successful VRBO, indicating a well-maintained property with no immediate renovation needs. The kitchen features modern stainless steel appliances, suggesting recent updates to key functional components. While the extensive wood paneling and cabinet style reflect its age and a specific 'beach bungalow' aesthetic, they are in good condition and contribute to its charm rather than indicating disrepair. The property appears clean and functional throughout, aligning with the 'Good' criteria of being well-maintained with minimal wear and tear, even if not extensively renovated to a contemporary standard.
Pros & Cons

Pros

Great Schools: Elementary School: Ocean Beach Elementary School (10/10).
Prime Coastal Location: Situated just a 'flip-flop stroll' from Dog Beach, local cafes, and the vibrant Ocean Beach community, offering unparalleled access to a desirable beach lifestyle.
Strong Income Potential: Currently a successful VRBO, this property offers proven income generation as a vacation rental, or serves as a versatile personal retreat.
Development Potential (R-4 Zoning): The R-4 zoning provides significant future development opportunities, allowing for potential expansion or higher-density redevelopment, enhancing long-term value.
Rare Detached Garage: Includes a detached garage, a highly sought-after and rare amenity in the dense Ocean Beach community, providing valuable parking and storage.
Private Outdoor Space: Features a private backyard oasis, offering a secluded and relaxing outdoor living area.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 1795.
Limited Living Space: With only 384 sqft, the property offers extremely modest living space, which may limit its appeal to buyers seeking a primary residence or larger accommodations.
High Price Relative to Size: The list price of $950,000 for a 384 sqft 1-bedroom, 1-bathroom property is significantly high, and 7% above the estimated market value, potentially impacting buyer interest.
Age of Property: Built in 1937, the property is quite old, which could imply potential for deferred maintenance, outdated systems, or the need for significant renovations to meet modern standards.

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