5550 Grape Street, San Diego, California 92105, San Diego, 92105 - 2 bed, 1 bath

5550 Grape Street, San Diego, California 92105 home-pic-0
ACTIVE$715,000
5550 Grape Street, San Diego, California 92105
2Beds
1Bath
888Sqft
6,000Lot

Price Vs. Estimate

The estimated value ($715,000) is $0 (0%) lower than the list price ($715,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The property boasts significant recent upgrades including a new roof, new gas water heater, new mini-splits for heating and cooling, and newer plumbing throughout, reducing immediate maintenance concerns for a buyer.
Top Cons:
Compact Living Space: With 888 square feet, the property offers a relatively small footprint for a single-family home, which may limit appeal for buyers seeking more expansive living areas.

Compared to the nearby listings

Price:$715.0K vs avg $697.0K (+$18,000)56%
Size:888 sqft vs avg 1,066 sqft30%
Price/sqft:$805 vs avg $65384%

More Insights

Built in 1951 (74 years old).
Condition: Despite being built in 1951, this property has undergone an extensive and recent renovation, bringing it to an 'excellent' condition. The description highlights 'new' laminate flooring, 'new' Quartz waterfall countertops, a 'new' fridge, and 'lots of cabinets' in the kitchen, which is further supported by images showing modern stainless steel appliances and stylish two-tone cabinetry. The bathroom is 'updated with refinished bathtub, new paint and new cabinetry and hardware.' Crucially, major systems have been replaced or updated, including a 'New Roof, New Gas Water Heater and New Mini Splits for heating and cooling,' along with 'Newer plumbing throughout and lateral to the street.' All these updates indicate that the property meets current quality standards with virtually new components and no deferred maintenance, aligning perfectly with the 'excellent' criteria for a fully renovated home.
Year Built
1951
Close
-
List price
$715K
Original List price
$750K
Price/Sqft
$805
HOA
-
Days on market
-
Sold On
-
MLS number
SW25160820
Home ConditionExcellent
Features
Patio
View-

About this home

Charming Bungalow in Oak Park. Kitchen, Living Room and Dining area have new laminate flooring. Kitchen features Quartz waterfall Countertops, new Fridge and lots of cabinets. Updated bathroom with refinished bathtub, new paint and new cabinetry and hardware. Ceiling fans and Mirrored Wardrobe doors in Bedrooms. New Roof, New Gas Water Heater and New Mini Splits for heating and cooling. Newer plumbing throughout and lateral to the street. A direct access finished Garage with insulation and drywall. Laundry area. Ring Doorbell and Flood Lights. Low Maintenance yards with a Large flat and private backyard and patio area. Space in the driveway to park two cars side by side. Public transit in close walking distance and only 10 minutes from downtown San Diego. Flat lot if you have plans to add an ADU. See it and make it yours!

Nearby schools

7/10
Oak Park Elementary School
Public,K-50.4mi
4/10
Mann Middle School
Public,6-82.0mi
4/10
Crawford High School
Public,9-121.7mi
4/10
Lincoln High School
Public,9-121.9mi
Condition Rating
Excellent

Despite being built in 1951, this property has undergone an extensive and recent renovation, bringing it to an 'excellent' condition. The description highlights 'new' laminate flooring, 'new' Quartz waterfall countertops, a 'new' fridge, and 'lots of cabinets' in the kitchen, which is further supported by images showing modern stainless steel appliances and stylish two-tone cabinetry. The bathroom is 'updated with refinished bathtub, new paint and new cabinetry and hardware.' Crucially, major systems have been replaced or updated, including a 'New Roof, New Gas Water Heater and New Mini Splits for heating and cooling,' along with 'Newer plumbing throughout and lateral to the street.' All these updates indicate that the property meets current quality standards with virtually new components and no deferred maintenance, aligning perfectly with the 'excellent' criteria for a fully renovated home.
Pros & Cons

Pros

Extensive Recent Upgrades: The property boasts significant recent upgrades including a new roof, new gas water heater, new mini-splits for heating and cooling, and newer plumbing throughout, reducing immediate maintenance concerns for a buyer.
Modern Interior Finishes: The kitchen features Quartz waterfall countertops, a new fridge, and ample cabinets, complemented by new laminate flooring in the main living areas and an updated bathroom, offering a move-in-ready aesthetic.
ADU Potential & Lot Size: A large, flat 6000 sqft lot provides excellent potential for adding an Accessory Dwelling Unit (ADU), significantly enhancing future value and flexibility for rental income or extended family.
Prime Location & Accessibility: Located only 10 minutes from downtown San Diego with public transit within close walking distance, offering convenient access to city amenities and commuting options.
Desirable Outdoor Space & Parking: Features low-maintenance yards, a large, flat, and private backyard with a patio area, a finished direct-access garage, and driveway space for two cars side-by-side.

Cons

Compact Living Space: With 888 square feet, the property offers a relatively small footprint for a single-family home, which may limit appeal for buyers seeking more expansive living areas.
Average School Ratings: While the elementary school has a good rating, the middle and high schools in the district have average ratings (4), which could be a consideration for families prioritizing top-tier public education.
No Notable Views & Price Adjustments: The property explicitly states 'None' for views, and recent price reductions from the original list price may indicate initial overpricing or market resistance.

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