5402 Baja Drive, San Diego, California 92115, San Diego, 92115 - 4 bed, 2 bath
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5402 Baja Drive
San Diego, California 92115
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,720Sq Ft
6,300Lot Size
Property Price
LIST PRICE$1,063,800
EST. MARKET VALUE
$1,017,427
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,125,000—positioned above the $1,066,683 Fair Market Value. While currently generating $6,500 in monthly rent, the property maintains a Condition Rating of 4, indicating a need for modernization. The large corner lot and existing room addition provide significant ADU Development Potential to drive future appreciation. Located near San Diego State University, this asset offers consistent rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to optimize cash flow.
Estimated Market Value
$1,017,427
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 |
|---|---|---|---|---|---|---|
★ 5402 Baja Drive Subject | $1,063,800* List Price | 4 | 2 | 1,720 | $592 | - |
A 6132 Pembroke Drive Sold | $1,050,000 | 5 | 3 | 1,722 | $610 | 0.8 mi |
B 4911 Campanile Dr. Sold | $900,000 | 3 | 2 | 1,834 | $491 | 0.5 mi |
C 5545 Baja Drive Sold | $875,000 | 3 | 2 | 1,492 | $586 | 0.2 mi |
D 4744 51st Street Sold | $985,000 | 4 | 2 | 1,637 | $602 | 0.4 mi |
E 4737 Baylor Dr Sold | $1,005,000 | 4 | 3 | 2,085 | $482 | 0.3 mi |
F 4711 Austin Sold | $980,000 | 4 | 3 | 1,737 | $564 | 0.3 mi |
G 5639 Dorothy Way Sold | $1,000,000 | 3 | 2 | 1,308 | $765 | 0.3 mi |
H 5228 Augustana Pl Sold | $831,000 | 3 | 2 | 1,840 | $452 | 0.2 mi |
I 4839 Winona Avenue Active | $1,350,000 List Price | 4 | 4 | 2,041 | $661 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1960 (64 years old) and the listing lacks any mention of recent renovations to the kitchen, bathrooms, or core systems (HVAC/Electric). While it is clearly functional and livable as a high-income rental, the age and lack of modernization categorize it as dated and likely in need of minor repairs or aesthetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Yield
The property currently generates $6,500 per month in rental income, providing an immediate and strong cash flow for investors in a high-demand market.
- Strategic SDSU Location
Located in close proximity to San Diego State University, the property benefits from a consistent tenant pool and long-term desirability within the student housing niche.
- ADU Development Potential
The large corner lot and existing room addition with a private side-yard entrance offer a significant opportunity to convert space into an Accessory Dwelling Unit (ADU) for increased value.
CONSRISKS & DEFICIENCIES
- Parking Restrictions
The requirement for permit parking on Baja Drive may be a logistical inconvenience for tenants or guests, particularly in a high-density area near the university.
- Vintage Construction
Built in 1960, the property may require ongoing maintenance or capital improvements to aging systems to meet modern standards and sustain its high rental rate.
About 5402 Baja Drive
Great Property! Close to San Diego State University ~ Large Corner Lot ~ Updated Single Story 4 Bedroom 2 Bath Home ~ Two Car Garage Plus Driveway for Parking ~ Currently leased for $6500 month ~ There is a large room that was added onto house with access door to side yard....maybe a possible ADU opportunity? There is permit parking on Baja but Chaparral is public parking ~
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,300 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Hardy Elementary School
Grades K-5 • 0.2 mi
8/10
Fay Elementary School
Grades K-5 • 1.2 mi
3/10
Clay Elementary School
Grades K-5 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,720 | 1,777.941 |
| Lot Size | 6,300 | 6,474.445 |
| Price | $1.06M | $1.27M |
| Price per sq ft | $618 | $741 |
| Built year | 1960 | 1971 |
| HOA | $0 | $184 |
| Days on market | 21 | 40 |
Pricing History
Listed for Sale
Sep 7, 2026
$1,063,800
$1,125,000
-5% Price Drop
Initial Listing
Price Change
Aug 19, 2026
$1,125,000
Initial Listing
Sold
Aug 31, 2005
$600,000
Public Record
Sold
Jul 8, 2005
$521,500
Public Record