
San Diego, California 92114
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $699,000—positioned well below the $711,519 Fair Market Value by 1.7%. This valuation gap offers $12,519 in Instant Equity. Featuring a Condition Rating of 3, the home offers a move-in-ready interior with fresh updates and an expansive 6,300 sq.ft. lot with ADU Potential. This property balances immediate comfort with long-term growth, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a flexible, value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5345 Encina Subject | $699,000* List Price | 3 | 1 | 1,284 | $554 | - |
A 212 Los Alamos Dr Sold | $640,000 | 3 | 1 | 1,098 | $583 | 0.5 mi |
B 5535 Churchward St Sold | $790,000 | 3 | 2 | 1,133 | $697 | 0.6 mi |
C 5289 Velma Sold | $775,000 | 4 | 2 | 1,680 | $461 | 0.4 mi |
D 1451 S Harbison Sold | $660,000 | 3 | 1 | 962 | $686 | 0.3 mi |
E 1454 Greycourt Sold | $715,000 | 4 | 2 | 1,437 | $498 | 0.6 mi |
F 6231 Amesbury Street Sold | $770,000 | 3 | 2 | 1,107 | $696 | 0.9 mi |
G 5260 La Paz Drive Sold | $773,600 | 4 | 2 | 1,623 | $477 | 0.2 mi |
H 5436 Division St Active | $649,999 List Price | 3 | 2 | 1,095 | $594 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1953, the property has undergone a recent renovation featuring new flooring, fresh paint, recessed lighting, and updated fixtures. The interior is move-in ready and well-maintained, and the exterior shows updated hardscaping and a functional HVAC system, meeting the criteria for a property with a 5-15 year renovation profile.
The expansive 6,300 sq.ft. lot offers significant potential for an ADU, providing a clear path for rental income or multigenerational living.
Recent updates including fresh paint and new flooring throughout ensure the home is move-in ready, reducing immediate post-purchase costs.
The inclusion of a dedicated family room in addition to the main living area provides essential versatility for a home office or play space.
With three bedrooms but only one bathroom, the home may face functional challenges for larger families and impact long-term resale value.
Built in 1953, the property may require future investments in aging systems such as plumbing or electrical, despite the recent cosmetic refreshments.
Welcome to 5345 Encina Drive, a newly updated 3-bedroom, 1-bath home offering 1,284 sq.ft. of living space on an expansive 6,300 sq.ft. lot with incredible potential to make the property your own. Fresh paint and new flooring throughout create a clean, move-in-ready interior, while the spacious living room flows into a dedicated dining area just off the kitchen. An additional family room provides even more flexibility for everyday living, entertaining, a home office, or play space, and an attached one-car garage adds convenience and storage. The true standout is the backyard and the opportunity it presents. With a generous amount of usable outdoor space, the property offers exciting potential for an ADU, ideal for multigenerational living, guest accommodations, or additional income. As well as room to explore creating the backyard you've envisioned, including a pool, outdoor entertaining areas, gardens, or a combination of it all. Whether you're looking for a move-in-ready home today or a property with room to expand and add value over time, 5345 Encina Drive offers the space, flexibility, and possibilities to bring that vision to life. Conveniently located with easy access to freeways, schools, dining, shopping, and everyday essentials, this home puts everything you need within easy reach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,284 | 1,777.941 |
| Lot Size | 6,300 | 6,474.445 |
| Price | $699.0K | $1.27M |
| Price per sq ft | $544 | $741 |
| Built year | 1953 | 1971 |
| HOA | $0 | $184 |
| Days on market | 5 | 40 |
Sep 4, 2026
$699,000
Initial Listing