5209 Benton Pl, San Diego, California 92116, San Diego, 92116 - 3 bed, 2 bath
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San Diego, California 92116
This Redevelopment Asset represents a High-Potential Investment Opportunity with a List Price of $1,499,950, primarily driven by the massive land value of the rare 1.04-acre lot. While the price sits above the $1,393,308 Fair Market Value, the property offers Exceptional Development Potential to build a second detached home and utilize the existing ADU above the garage. Featuring a Condition Rating of 5 and panoramic canyon views, this "true rebuild" is a high-upside value-add acquisition perfectly suited for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5209 Benton Pl Subject | $1,499,950* List Price | 3 | 2 | 1,380 | $1,010 | - |
A 4817 Biona Drive Sold | $1,350,000 | 3 | 2 | 1,625 | $831 | 0.8 mi |
B 5011 Kensington Drive Sold | $1,900,000 | 3 | 2 | 1,552 | $1,224 | 0.5 mi |
C 4860 Marlborough Drive Sold | $1,500,370 | 3 | 2 | 1,836 | $817 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954, this property is explicitly marketed as a 'true rebuild' and value-add opportunity for investors. The kitchen features heavily worn original cabinetry and dated appliances, while the bathrooms retain vintage green wall-mount sinks and aged tile. Interior finishes, including wood paneling, acoustic ceiling tiles, and older flooring, show significant wear and lack of modernization. The listing's emphasis on redevelopment potential and the need to 'reimagine' the home confirms it requires substantial rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45302, living area = 1380.
The rare 1.04-acre lot in the heart of Normal Heights offers massive redevelopment upside, including the potential to build a second detached single-family home and utilize the existing ADU for maximum density.
Set back via a long private driveway near Kensington, the property provides a secluded atmosphere with stunning views and abundant natural light, a rare combination for this central urban neighborhood.
Marketed as a 'true rebuild' and value-add opportunity, the 1954 structure likely requires substantial capital expenditure to modernize or replace, which may challenge buyers seeking traditional financing.
The history of four consecutive price reductions since the initial listing suggests that the market has been hesitant to meet the valuation given the complexity and cost of the necessary redevelopment.
INVESTORS, INVESTORS — and buyers seeking multi-generational living. Rare 1.04-acre property in the heart of Normal Heights, just minutes from Kensington, offering exceptional build and redevelopment potential. A long private driveway leads to the main residence set back on the property, capturing stunning views, abundant natural light, and strong indoor-outdoor potential. The existing home is approximately 1,380 sq ft with 3 bedrooms, 2 bathrooms, and a 2-car garage, built in 1954. An ADU above the garage is not reflected in the main square footage, adding additional future upside. This is a true rebuild and value-add opportunity. The property is ready to be reimagined to unlock significant value — ideal for income potential, multigenerational living, or two families on one property with privacy. Opportunities like this are extremely rare in this location. Must be seen to fully appreciate the potential. Buyer to verify all information.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,380 | 1,509 | 47% |
| Lot Size | - | 5,172 | 17% |
| Price | $1.50M | $1.39M | 58% |
| Price per sq ft | $1.1K | $975 | 73% |
| Built year | 1954 | 1931 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 157 | 23% |
Apr 5, 2026
$1,499,950
$1,549,950
-3% Price Drop
Initial Listing
Mar 20, 2026
$1,549,950
$1,599,950
-3% Price Drop
Initial Listing
Feb 28, 2026
$1,599,950
$1,649,950
-3% Price Drop
Initial Listing
Feb 12, 2026
$1,649,950
Initial Listing
Apr 18, 2001
$186,000
Public Record
Jul 7, 1997
$177,000
Public Record