5123 Lotus St, San Diego, California 92107, San Diego, 92107 - 1 bed, 1 bath
5123 Lotus St
San Diego, California 92107
Property Price
SUMMARY
Analysis of 5123 Lotus St, San Diego, California 92107 reveals a Prime Investment Opportunity with a current list price of $950,000—significantly undercutting the $1,008,461 Fair Market Value by 5%. This valuation gap indicates a +$58,461 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5123 Lotus St Subject | $950,000* List Price | 1 | 1 | 384 | $2,626 | - |
A 5119 Lotus St Active | $1,050,000 List Price | 1 | 1 | 384 | $2,734 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite its 1937 build date, this bungalow has been extensively renovated within the last 5 years to meet modern standards. The interior features a fully updated kitchen with stainless steel appliances and shaker-style cabinetry, a modernized bathroom with contemporary tile work, and high-quality flooring throughout. Currently operating as a successful short-term rental, the property is in turnkey condition with no visible deferred maintenance and high-end finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ocean Beach Elementary School (10/10).
- Prime Coastal Location
Situated just steps from Dog Beach and local surf spots, this property offers an unbeatable lifestyle with high walkability to Ocean Beach’s vibrant dining and nightlife.
- Development Potential
The spacious lot includes a detached garage and provides significant opportunity for future value-add projects, such as building an ADU or complete property redevelopment.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 384 square feet, the interior living area is extremely compact, which may limit its appeal to long-term residents or those requiring more functional space.
- High Price per Square Foot
With a list price of $950,000 for a sub-400 square foot home, the property carries a premium price point that may challenge traditional financing appraisals.
About 5123 Lotus St
Just around the corner from the surf and Dog Beach, this OB Beach Bungalow is made for sun-seekers and dog lovers alike. With a private backyard, detached garage, and all the charm of coastal living, it’s the perfect spot to surf at sunrise, stroll to local restaurants & bars, and soak up the laid-back Ocean Beach lifestyle every day. Don't let the size fool you, this spacious lot has great outdoor space and parking for 2. Possibility to expand, add ADU or redevelop in the future. Active STR/VRBO/AirBnB. Can be used as a primary home, vacation home or an investment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Ocean Beach Elementary School
Grades K-4 • 0.6 mi
Silver Gate Elementary School
Grades K-4 • 1.4 mi
Sunset View Elementary School
Grades K-4 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 2% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 384 | 2,084 | 2% |
| Lot Size | - | 7,000 | 7% |
| Price | $950.0K | $2.00M | 2% |
| Price per sq ft | $2.5K | $1.0K | 98% |
| Built year | 1937 | 1953 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 161 | 14% |
Pricing History
Listed for Sale
Jan 2, 2026
$950,000
Initial Listing
Sold
Aug 12, 2024
$885,000
Public Record
Sold
Jan 25, 2016
$405,000
Public Record
Sold
Aug 11, 2006
$375,000
Public Record