
San Diego, California 92115
This Mediterranean Ranch-Style Home is a Prime Investment Opportunity listed at $999,999—positioned well below the $1,041,186 Fair Market Value by 3%. This valuation gap offers $41,187 in Instant Equity. Boasting a Condition Rating of 3, the 1,682 sqft interior features refinished hardwood floors and updated systems. The exterior includes a 2025 spa, renovated deck, and alley access with high ADU development potential. Located in the San Diego Unified School District, this property is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5612 Meade Subject | $999,999* List Price | 3 | 2 | 1,682 | $619 | - |
A 4315 W Overlook Sold | $875,000 | 3 | 2 | 1,244 | $703 | 0.3 mi |
B 4638 60th Street Sold | $1,025,000 | 3 | 2 | 1,396 | $734 | 0.5 mi |
C 4584 Catherine Sold | $905,000 | 3 | 2 | 1,509 | $600 | 0.9 mi |
D 5629 Adelaide Ave Sold | $872,500 | 2 | 2 | 1,220 | $715 | 0.0 mi |
E 4793 54th Sold | $1,080,000 | 3 | 2 | 1,592 | $678 | 0.6 mi |
F 4614 Winona Avenue Sold | $1,030,000 | 3 | 2 | 1,384 | $744 | 0.8 mi |
G 6145 Carling Way Active | $1,049,000 List Price | 3 | 2 | 1,593 | $659 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the property is well-maintained and move-in ready with significant system updates including a 2017 HVAC system and a newer roof. The interior features recently refinished hardwood floors and a clean kitchen with updated stainless steel appliances, while the exterior boasts a 2025 spa and renovated deck.
At 1,682 square feet, this single-story home offers significantly more interior volume than many recent sales in El Cerrito Heights, featuring a functional layout with a bonus family room.
The property features a private, usable yard with a renovated deck, pergola, and a brand-new spa installed in 2025, complemented by a newer roof and central AC for immediate comfort.
The inclusion of alley access provides a significant strategic advantage for homeowners looking to build an Accessory Dwelling Unit (ADU) for multi-generational living or rental income.
While well-maintained, the kitchen and certain interior elements reflect a more traditional style that may require further capital investment for buyers seeking a fully contemporary aesthetic.
With a lot size of 5,866 square feet, balancing the desire for a spacious private yard with the potential addition of an ADU may limit overall outdoor utility and footprint.
If you’ve been waiting for a larger single-story home in El Cerrito Heights, opportunities like this don’t come up often—especially at this price. Offering more square footage than many recent neighborhood sales, this home presents a rare chance to secure space, layout, and long-term potential in a highly competitive market. This Mediterranean ranch-style home, blends timeless character with thoughtful updates throughout. Inside, hardwood floors (refinished recently) flow through a functional layout featuring a comfortable living room with fireplace, a spacious bonus family room, and a bright dining area—creating multiple living spaces that are increasingly hard to find in the neighborhood. The kitchen is clean and well-maintained with stainless steel appliances, including a newer oven, stove, microwave, and refrigerator, offering flexibility to enjoy as-is or customize over time. The generous primary suite includes direct access to the backyard, creating a seamless indoor-outdoor connection. Additional improvements include a newer roof, central air conditioning with Nest thermostat (installed 2017), and a newer front-loading washer. Outside, the property features a private, usable yard with a renovated deck, pergola, and a newer spa (installed January 2025), along with new rear fencing—ideal for relaxing or entertaining. Alley access enhances the property’s versatility, with strong potential for ADU development or additional income-producing possibilities. Homes offering this combination of size, layout, and long-term potential rarely come available in this neighborhood.
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 | 1,682 | 1,296 | 75% |
| Lot Size | 5,866 | 6,100 | 43% |
| Price | $1000.0K | $949.5K | 58% |
| Price per sq ft | $595 | $733 | 21% |
| Built year | 1960 | 1951 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 160 | 8% |
Apr 9, 2026
$999,999
Initial Listing
Dec 23, 2011
$348,000
Public Record
Dec 15, 2005
$515,000
Public Record
Nov 30, 1994
$133,000
Public Record