5550 Encina, San Diego, California 92114, San Diego, 92114 - 3 bed, 2 bath
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San Diego, California 92114
This Versatile Remodeled Residence is a Prime Investment Opportunity, listed at $849,900—positioned well below the $881,924 Fair Market Value by 3%. This valuation gap provides $32,024 in Instant Equity for the incoming buyer. Boasting a Condition Score of 2, the home features a modernized chef’s kitchen, paid solar, and sunset views. The flexible layout includes a lower level optimized for multigenerational living or a potential ADU conversion. This move-in-ready sanctuary is an ideal match for Owner-Occupants or Multi-generational Families seeking long-term value and energy efficiency.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5550 Encina Subject | $849,900* List Price | 3 | 2 | 1,850 | $477 | - |
A 5474 Olvera Ave Sold | $889,000 | 3 | 2 | 1,873 | $475 | 0.1 mi |
B 5707 Elk Street Sold | $850,000 | 3 | 2 | 1,583 | $537 | 0.4 mi |
C 190 61st Street Sold | $900,000 | 5 | 2 | 1,843 | $488 | 0.7 mi |
D 6027 Daisy Sold | $837,000 | 3 | 2 | 1,642 | $510 | 0.7 mi |
E 6035 Harps Ct Sold | $865,000 | 4 | 2 | 1,818 | $476 | 0.5 mi |
F 1454 Greycourt Sold | $715,000 | 4 | 2 | 1,437 | $498 | 0.6 mi |
G 5270 San Bernardo Ter Active | $890,000 List Price | 3 | 3 | 1,718 | $518 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1960, the property has undergone an extensive recent renovation within the last 5 years. The interior features high-quality modern finishes including wide-plank flooring, recessed lighting, and a fully remodeled bathroom with contemporary tile work and black hardware. The home also boasts significant system upgrades such as paid solar panels, central HVAC, and dual-pane windows, meeting the criteria for a top-tier condition score.
The property features a highly flexible layout with a downstairs area ideal for extended family or a potential ADU conversion, offering three bedrooms plus two optional rooms.
Equipped with fully paid solar panels, central HVAC, and dual-pane windows, this home provides significant long-term savings on utility costs and modern comfort.
The spacious, remodeled kitchen includes abundant cabinetry, a walk-in pantry, and generous counter space, serving as a high-value centerpiece for the home.
The property was recently sold within the past year on 2025-12-30. The sold price is $420,000.00. The property was recently sold within the past year on 2025-12-30. The sold price is $600,000.00.
Originally built in 1960, the property may have aging underlying systems or structural elements that were not fully replaced during the cosmetic remodeling.
Situated in the 92114 zip code, the property is in an area that historically faces different market perceptions and appreciation trends compared to San Diego's coastal communities.
Stunning remodeled Valencia Park home with sunset views, over 1,800 sq ft, and incredible flexibility including 3 bedrooms plus up to 2 optional bedrooms. Featuring a downstairs layout ideal for multigenerational living or potential ADU conversion, plus PAID SOLAR for energy efficiency. The home offers a spacious and functional layout with a large chef’s kitchen featuring abundant cabinetry, generous counter space, and a walk-in pantry, flowing seamlessly into the main living areas. The lower level includes the primary suite with a large walk-in closet and built-in bench seating, along with two optional rooms and a separate living space—perfect for extended family, guests, or future conversion opportunities. Additional highlights include dual pane windows, central HVAC for year-round comfort, and a walk-in basement providing valuable extra storage. A rare opportunity to own a move-in ready home with space, versatility, and beautiful views in San Diego.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,850 | 1,400 | 84% |
| Lot Size | 6,600 | 6,200 | 55% |
| Price | $849.9K | $762.0K | 83% |
| Price per sq ft | $459 | $531 | 25% |
| Built year | 1960 | 1962 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 153 | 3% |
Apr 10, 2026
$849,900
Initial Listing
Dec 30, 2025
$420,000
Public Record
Dec 30, 2025
$600,000
Public Record
Apr 14, 2016
$400,000
Public Record