
San Diego, California 92114
This Multi-Unit Residential Asset represents a Strong Value Opportunity, listed at $854,900—positioned well below the $854,467 Fair Market Value (effectively at market). Featuring a Condition Rating of 3, the property includes a 4-bedroom main residence and a detached 1-bedroom guest unit, providing immediate rental income. With Multi-Unit Residential Zoning and a generous 11,958 sqft lot, this property offers significant long-term redevelopment potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with flexible living and income-generating capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5321 Santa Margarita Subject | $854,900* List Price | 5 | 3 | 1,935 | $442 | - |
A 5260 La Paz Drive Sold | $773,600 | 4 | 2 | 1,623 | $477 | 0.4 mi |
B 5270 San Bernardo Ter Sold | $850,000 | 3 | 3 | 1,718 | $495 | 0.4 mi |
C 5234 Roswell Sold | $805,000 | 6 | 3 | 2,451 | $328 | 0.6 mi |
D 5472 San Onofre Active | $995,000 List Price | 4 | 2 | 1,800 | $553 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1951, the property has undergone significant interior renovations. The kitchen features modern shaker-style cabinetry, stone countertops, and stainless steel appliances, while the bathrooms have been updated with contemporary tile work and fixtures. With new exterior paint and updated windows, the home is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11958, living area = 1935.
The property features a detached 1-bedroom guest unit currently occupied by long-term tenants, providing immediate rental income or flexible multi-generational living options.
Situated on a generous 0.27-acre lot with multi-unit residential zoning, this property offers significant upside for future expansion or redevelopment in a convenient San Diego location.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1951, the property may require updates to aging infrastructure or core systems typical of mid-century homes to meet modern efficiency standards.
With only a single-car garage serving a total of five bedrooms, the property lacks sufficient covered parking for larger households or multiple tenants.
Situated on a spacious .27 Ac lot in a convenient residential location, this versatile property offers a well-designed main residence along with a detached guest unit over a single car garage and room to expand. The main home features 4 bedrooms and 2 bathrooms, while the guest house includes 1 bedroom and 1 full bath + access to the storage space adjacent to the garage parking. The guest unit is currently rented by long term tenants providing immediate rental income potential or flexible living arrangements for extended family and guests. The home offers a functional single-level layout with generous living spaces, indoor laundry room, and a large kitchen equipped with gas cooking, microwave, and refrigerator. Outdoor amenities include a sizable backyard ideal for entertaining, recreation, or relaxing. Additional features for the main house include ample on-site parking including a long driveway and single door/car garage space, wood-frame construction, and numerous upgrades including new exterior paint, new doors and more. Convenient access to parks, schools, shopping, dining, and major transportation routes adds to the property's appeal. The property is zoned for multi-unit residential development and may offer future redevelopment opportunities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,935 | 1,777 |
| Lot Size | 11,958 | 6,600 |
| Price | $854.9K | $1.24M |
| Price per sq ft | $442 | $743 |
| Built year | 1951 | 1972 |
| HOA | $0 | $200 |
| Days on market | 8 | 39 |
Jul 14, 2026
$854,900
Initial Listing
Oct 8, 2019
$426,000
Public Record