5206 La Paz Drive, San Diego, California 92114, San Diego, 92114 - 6 bed, 3 bath
Loading property details...
5206 La Paz Drive
San Diego, California 92114
ACTIVE
CONDITION: EXCELLENT
6Beds
3Baths
2,811Sq Ft
6,969.6Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,091,955
SUMMARY
This Multi-Unit Residential Asset is a Strong Value Opportunity, listed at $1,100,000—positioned well above the $1,091,955 Fair Market Value by 0.7%. While priced at market, the property features a unique three-unit configuration with two ADUs, offering significant income potential. With a Condition Rating of 2 following recent renovations, including solar panels and modern finishes, the home is turnkey. Its 6-bedroom capacity provides rare scale for the area. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy.
Estimated Market Value
$1,091,955
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5206 La Paz Drive Subject 6 bd · 3 ba · 2,811 sqft · $388 | $1,100,000* List Price | 6 | 3 | 2,811 | $388 | - |
A 1417 S 58th Street Sold 4 bd · 2 ba · 1,730 sqft · $509 · 0.8 mi | $880,000 | 4 | 2 | 1,730 | $509 | 0.8 mi |
B 333 S Euclid Avenue Active Under Contract 4 bd · 2 ba · 1,689 sqft · $474 · 0.2 mi | $799,999 List Price | 4 | 2 | 1,689 | $474 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely within the last 2 years) featuring modern kitchens with white shaker cabinets and stainless steel appliances, fully updated bathrooms, new LVP flooring, recessed lighting, and energy-efficient upgrades including solar panels and new windows.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Configuration
The property features a unique three-unit setup including a main residence and two ADUs, providing exceptional versatility for rental income, multi-generational living, or house-hacking.
- High Occupancy Capacity
With 6 bedrooms and over 2,800 square feet of living space, this property offers a substantial scale that is rare for the area, maximizing the potential return on investment.
- Turnkey Potential
Freshly refreshed and ready for immediate occupancy, the home allows for immediate cash flow or move-in while still providing a blank canvas for further value-add personalization.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6969, other record lot size in square feet = 6800.
- Limited Parking Ratio
The provision of only two single-car garages for a six-bedroom, three-unit configuration may present significant parking challenges for high-occupancy use or multiple tenants.
- Vintage Infrastructure
Originally constructed in 1952, the property may require ongoing maintenance or future capital improvements to its aging core systems despite the recent cosmetic updates.
About 5206 La Paz Drive
INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 6,969.6 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,811 | 1,752.269 |
| Lot Size | 6,969.6 | 6,446.159 |
| Price | $1.10M | $1.27M |
| Price per sq ft | $391 | $736 |
| Built year | 1952 | 1971 |
| HOA | $0 | $186 |
| Days on market | 13 | 41 |
Pricing History
Listed for Sale
Oct 12, 2026
$1,100,000
Initial Listing
Sold
May 15, 2024
$1,035,000
Public Record
Sold
Jun 21, 2023
$510,000
Public Record
Sold
Mar 7, 2023
$350,000
Public Record