5535 San Mateo Drive, San Diego, California 92114, San Diego, 92114 - 6 bed, 3 bath
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5535 San Mateo Drive
San Diego, California 92114
ACTIVE
CONDITION: POOR
6Beds
3Baths
3,018Sq Ft
9,000Lot Size
Property Price
LIST PRICE$919,000
EST. MARKET VALUE
$920,648
SUMMARY
This Spacious Multi-Level Home represents a Strong Value Opportunity, listed at $919,000—positioned well below the $920,648 Fair Market Value by 0.18%. With a Condition Rating of 5, the property requires significant interior modernization, offering a blank canvas for value-add renovations. The 3,018 sqft floor plan, featuring a 50-foot lower-level room and Ocean Breezes & City Views, provides rare scale for multi-generational living. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic personalization.
Estimated Market Value
$920,648
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 |
|---|---|---|---|---|---|---|
★ 5535 San Mateo Drive Subject | $919,000* List Price | 6 | 3 | 3,018 | $305 | - |
A 5234 Roswell Sold | $805,000 | 6 | 3 | 2,451 | $328 | 0.9 mi |
B 6144 Daisy Ave Pending | $789,000 List Price | 4 | 2 | 2,109 | $374 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1975 and appears to be in mostly original condition. The interior features dated 1970s-era mustard tile in the bathrooms, vintage linoleum, and aged shag carpeting throughout. The listing description explicitly invites buyers to 'personalize and transform' the space, indicating a need for a full interior rehab and likely updates to aging systems.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Living Space
With 6 bedrooms and over 3,000 square feet, including a massive 50-foot versatile lower-level room, this home offers rare scale and flexibility for multi-generational living or large households.
- Scenic Views & Atmosphere
The property captures refreshing ocean breezes and impressive city light views to the south and west, providing a premium coastal-influenced ambiance.
- Significant Lot Size
Situated on a 9,000-square-foot multi-level lot, the property provides ample outdoor space and privacy that is highly desirable in the San Diego market.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
The listing explicitly calls for 'vision and creativity,' indicating that the 1975-built home likely requires significant cosmetic updates or repairs to meet modern standards.
- Complex Multi-Level Layout
The multi-level floor plan may pose accessibility challenges for some buyers and could require strategic design to ensure a cohesive flow between the distinct living areas.
About 5535 San Mateo Drive
Spacious Multi-Level Home with Ocean Breezes & City Views! Room to grow, personalize, and make your own! This large multi-level home offers a flexible floor plan with 6 bedrooms and 3 bathrooms, providing exceptional space for a large household, guests, home offices, or multi-generational living. The main level features four bedrooms, two bathrooms, and a private balcony, while the lower level offers two additional bedrooms, a full bathroom, and an enormous open room measuring over 50 feet long — a truly versatile space with endless possibilities for a recreation room, home theater, studio, workshop, gym, future living area or ??? Situated on a large, multi-level lot, the property also includes a two-car garage and enjoys refreshing ocean breezes along with city views extending to the south and west. The home presents an excellent opportunity for someone looking for space, views, and potential. Bring your vision and creativity to personalize and transform this substantial property into your ideal home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 9,000 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 3,018 | 1,777.941 |
| Lot Size | 9,000 | 6,474.445 |
| Price | $919.0K | $1.27M |
| Price per sq ft | $305 | $741 |
| Built year | 1975 | 1971 |
| HOA | $0 | $184 |
| Days on market | 27 | 40 |
Pricing History
Listed for Sale
Aug 13, 2026
$919,000
Initial Listing