5494 Via Carancho, San Diego, California 92111, San Diego, 92111 - 4 bed, 4 bath
Loading property details...
5494 Via Carancho
San Diego, California 92111
ACTIVE
CONDITION: FAIR
4Beds
4Baths
2,612Sq Ft
6,000Lot Size
Property Price
LIST PRICE$1,190,000
EST. MARKET VALUE
$1,237,535
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,190,000—positioned well below the $1,237,535 Fair Market Value by 3%. This valuation gap offers $47,535 in Instant Equity for buyers. Featuring a 4-Condition Rating, the home includes a 2019 roof and updated plumbing, providing a solid foundation for cosmetic modernization. Located near the 9/10 rated Holmes Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Estimated Market Value
$1,237,535+$47,535 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 |
|---|---|---|---|---|---|---|
★ 5494 Via Carancho Subject 4 bd · 4 ba · 2,612 sqft · $474 | $1,190,000* List Price | 4 | 4 | 2,612 | $474 | - |
A 5360 Burford Street Sold 4 bd · 2 ba · 2,250 sqft · $533 · 0.5 mi | $1,200,000 | 4 | 2 | 2,250 | $533 | 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.
Built in 1958 and explicitly described as a fixer-upper. While the roof is new (2019) and plumbing has been updated to the street, the interior is dated with a mix of older terracotta tiling, mismatched kitchen cabinetry, and aged utility areas. It remains functional and owner-occupied but requires significant cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Holmes Elementary School (9/10).
- Substantial Living Space
As one of the largest homes in the neighborhood at 2,612 sq ft plus a 375 sq ft bonus room, this property offers rare scale and a versatile 4-bedroom, 4-bathroom layout suitable for large families.
- Key Infrastructure Updates
The property features a newer roof installed in 2019 and updated plumbing for the kitchen and front bathrooms extending to the street, significantly reducing immediate capital expenditure on major systems.
CONSRISKS & DEFICIENCIES
- Fixer-Upper Condition
The home is explicitly listed as a fixer-upper, requiring a buyer prepared to invest significant additional capital and labor to modernize the interior and address cosmetic needs.
- Loss of Garage Space
The original garage has been converted into living space, which may be a drawback for buyers who prioritize secure, covered vehicle storage or traditional workshop utility.
About 5494 Via Carancho
Welcome to 5494 Via Carancho, one of the largest homes and lots in the neighborhood (2-story, 2,612 sq ft, 6,000 sq ft lot). This home includes: - 4 Bedrooms - 4 Full Bathrooms - 2 Large Living Rooms - 1 Large Extra Room (375 sq ft not included in total sq footage- converted garage) - 1 Utility Room - Adequate and usable attic storage - Large Front and Backyard - Driveway fits 3 vehicles The home is also ideally situated across the street from a great park and is in a convenient, central San Diego location, making it easy to reach destinations throughout South San Diego in approximately 15–20 minutes. Shopping, dining, schools, freeways, and everyday necessities are all within a few minutes' drive. This home is a fixer-upper, hence the fair asking price. However: - Roof in excellent condition, installed in 2019 - New Plumbing for the kitchen and front 2 bathrooms, all the way to the street This home is currently owner-occupied. This is my childhood home I grew up in since 2001 and I will be selling this home for my mom.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Holmes Elementary School
Grades K-6 • 0.5 mi
9/10
Marston Middle School
Grades 6-8 • 0.9 mi
5/10
Clairemont High School
Grades 9-12 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 4.0 | 2.2 |
| Square foot | 2,612 | 1,752.269 |
| Lot Size | 6,000 | 6,446.159 |
| Price | $1.19M | $1.27M |
| Price per sq ft | $456 | $736 |
| Built year | 1958 | 1971 |
| HOA | $0 | $186 |
| Days on market | 12 | 41 |
Pricing History
Listed for Sale
Oct 13, 2026
$1,190,000
Initial Listing
Sold
Jul 24, 1998
$209,000
Public Record