5478 Gilbert Drive, San Diego, California 92115, San Diego, 92115 - 3 bed, 2 bath
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5478 Gilbert Drive
San Diego, California 92115
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,020Sq Ft
4,262Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$843,734
5% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $843,734 Fair Market Value by 5%. This valuation gap offers $44,734 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a fully remodeled kitchen, central A/C, and expansive decks with Panoramic Canyon Views. Located near SDSU and top-rated schools like Hardy Elementary, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Estimated Market Value
$843,734+$44,734 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5478 Gilbert Drive Subject 3 bd · 2 ba · 1,020 sqft · $827 | $799,000* List Price | 3 | 2 | 1,020 | $827 | - |
A 4493 52nd Street Sold 2 bd · 2 ba · 1,148 sqft · $841 · 0.4 mi | $965,000 | 2 | 2 | 1,148 | $841 | 0.4 mi |
B 4928 Monroe Avenue Sold 2 bd · 2 ba · 923 sqft · $1,007 · 0.7 mi | $929,000 | 2 | 2 | 923 | $1,007 | 0.7 mi |
C 4206 E Overlook Drive Sold 2 bd · 1 ba · 915 sqft · $852 · 0.6 mi | $779,900 | 2 | 1 | 915 | $852 | 0.6 mi |
D 4259 View Place Sold 3 bd · 2 ba · 1,061 sqft · $782 · 0.7 mi | $830,000 | 3 | 2 | 1,061 | $782 | 0.7 mi |
E 3935 Gayle Active 3 bd · 2 ba · 1,273 sqft · $589 · 0.9 mi | $749,999 List Price | 3 | 2 | 1,273 | $589 | 0.9 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.
Although originally built in 1948, the property has undergone a comprehensive, high-quality renovation within the last 5 years. The kitchen and bathrooms are fully remodeled with modern finishes (shaker cabinets, quartz counters, backlit mirrors), and the home features updated systems including central A/C and new flooring throughout. The exterior is also in mint condition with new decking and professional landscaping.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The home is fully updated with a remodeled kitchen, bathrooms, and central A/C, offering a modern, move-in-ready experience for buyers seeking a maintenance-free start.
- Exceptional Outdoor Space
Features an entertainer’s backyard with two expansive decks and panoramic canyon views, maximizing San Diego’s indoor-outdoor lifestyle and providing a peaceful retreat.
- Strategic Location
Situated less than three miles from SDSU with easy freeway access and proximity to shopping, the property is ideally located for university affiliates and commuters.
CONSRISKS & DEFICIENCIES
- Compact Living Area
At just 1,020 square feet for a three-bedroom layout, the interior living space may feel restrictive for families or those requiring larger common areas.
- Limited Lot Size
The 4,262 square foot lot is relatively small for a detached single-family residence, which limits traditional yard space and future expansion possibilities.
About 5478 Gilbert Drive
Turnkey and beautifully renovated, this thoughtfully updated home is centrally located under 3 miles from SDSU, with easy freeway access and close proximity to shopping and dining. The fully remodeled kitchen and bathrooms, central A/C, and modern upgrades make this home truly move-in ready. The entertainer’s backyard is a peaceful retreat featuring two expansive decks with scenic views and a spacious lower level—perfect for relaxing, hosting, and enjoying San Diego’s year-round weather.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 4,262 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Fay Elementary School
Grades K-5 • 0.7 mi
3/10
Hardy Elementary School
Grades K-5 • 0.9 mi
8/10
Clay Elementary School
Grades K-5 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,020 | 1,752.269 |
| Lot Size | 4,262 | 6,446.159 |
| Price | $799.0K | $1.27M |
| Price per sq ft | $783 | $736 |
| Built year | 1948 | 1971 |
| HOA | $0 | $186 |
| Days on market | 24 | 41 |
Pricing History
Listed for Sale
Oct 1, 2026
$799,000
Initial Listing
Sold
Jun 12, 2015
$358,500
Public Record
Sold
Oct 23, 2013
$302,000
Public Record
Sold
Aug 15, 2002
$200,000
Public Record
Sold
Feb 5, 1999
$100,000
Public Record