
San Diego, California 92105
This property presents a Strong Value Opportunity with a List Price of $350,000—positioned well below the $327,332 Fair Market Value by -6%. Featuring a Fair Condition Rating, this 600 sqft unit offers a functional split-bedroom layout and low-maintenance tile flooring. While the 1979 construction requires cosmetic modernization, the low $200 HOA fee and proximity to Marshall Elementary School provide a stable foundation for long-term growth. This is a Buy-and-Hold Investor asset or an ideal entry point for first-time buyers seeking a manageable, value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5164 Landis Street 9 Subject 2 bd · 1 ba · 600 sqft · $546 | $350,000* List Price | 2 | 1 | 600 | $546 | - |
A 3819 47th Street #6 Active 1 bd · 1 ba · 592 sqft · $498 · 0.5 mi | $295,000 List Price | 1 | 1 | 592 | $498 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is over 45 years old and shows signs of being dated. While the interior is functional and features tile and laminate flooring, the kitchen contains older oak-style cabinetry and white appliances that likely exceed 20 years in age. The use of wall-mounted AC units rather than central HVAC and the 'lots of potential' description suggest the home is move-in ready but requires cosmetic and system updates to meet modern standards.
Priced competitively at $350,000 with a remarkably low $200 monthly HOA fee that includes water and trash, this property offers an affordable entry point into the San Diego market with minimal overhead.
This rear unit provides easy ground-floor access within a gated complex, featuring low-maintenance tile flooring throughout and a split-bedroom floor plan that maximizes privacy between occupants.
The property is ideally situated within walking distance of Marshall Elementary School and features a pleasant park/greenbelt view, adding a sense of openness to the urban setting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 10592.
At only 600 square feet for a two-bedroom configuration, the interior living space is significantly constrained, which may limit appeal for families or those requiring more storage.
Marketed as having 'lots of potential,' the unit likely requires cosmetic or functional updates to modernize the 1979 construction and maximize its future resale value.
Rear unit is located on ground level behind gate. Lots of potential here. Onsite parking. Low-rise garden-style building with nine units total. This home has two bedrooms and one full bathroom. The living room separates bedrooms. Larger bedroom has a walk in closet. Tile floors throughout. The monthly HOA dues is $200 AND includes water and trash. Must see...
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 600 | 1,018.142 |
| Lot Size | 0.24 | 75,257.211 |
| Price | $350.0K | $598.4K |
| Price per sq ft | $583 | $607 |
| Built year | 1979 | 1986 |
| HOA | $200.0 | $536 |
| Days on market | 16 | 58 |
Oct 9, 2026
$350,000
Initial Listing
Sep 18, 2017
$158,000
Public Record
Oct 23, 2006
$195,000
Public Record
Aug 10, 2004
$165,000
Public Record
Apr 5, 2001
$33,000
Public Record