
San Diego, California 92120
This property presents a High-Potential Investment Opportunity with a List Price of $949,000—positioned well below the $924,333 Fair Market Value by -2%. While the home maintains a Condition Rating of 5, its original 1970s state provides a blank canvas for modernization. Located in the desirable Del Cerro neighborhood near the 10/10 rated Hearst Elementary, this asset offers significant upside for Fix-and-Flip Investors or Owner-Occupants seeking to build sweat equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5627 Del Cerro Subject 3 bd · 2 ba · 1,706 sqft · $542 | $949,000* List Price | 3 | 2 | 1,706 | $542 | - |
A 5648 Marne Ave Sold 4 bd · 3 ba · 2,072 sqft · $515 · 0.2 mi | $1,068,000 | 4 | 3 | 2,072 | $515 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 and explicitly described as being in 'original condition,' this property is over 50 years old without significant updates. The kitchen and bathrooms feature original cabinetry, tile, and fixtures, while the living areas retain dated wood paneling and popcorn ceilings. Given the age and lack of renovation, the home requires a comprehensive rehab of its systems and interior to meet modern standards.
Elementary School: Hearst Elementary School (10/10).
Situated in the highly desirable Del Cerro neighborhood, the property is within walking distance to the 10/10 rated Hearst Elementary and offers excellent proximity to SDSU, Lake Murray, and Mission Trails Regional Park.
Priced to reflect its original 1970s condition, this home presents a premier opportunity for investors or owner-occupants to renovate and build immediate sweat equity in a high-demand market.
The home is in its original 1970s state, requiring a substantial capital investment for cosmetic updates, modern appliances, and potential infrastructure repairs.
Built in 1970, the floor plan may lack the open-concept flow and energy-efficient features preferred by modern buyers, potentially requiring structural modifications during renovation.
There’s something special about finding a home you can settle into and make your own over time, especially in a location like this. Close to Windmill Farms, neighborhood dining, and Hearst Elementary, 5627 Del Cerro Avenue puts everyday conveniences within easy reach, with San Diego State University and access to Interstate 8 nearby. In its original condition and priced with that in mind, this home is ready for fresh ideas and its next chapter. The bedrooms are surprisingly spacious for a home of its era, giving you room to spread out. A large two car garage adds space for parking, storage, or your latest project. The two tiered backyard is an invitation to get outside. Plant vegetables, grow your favorite flowers, or create a little sitting area where you can enjoy your morning coffee among the greenery. There’s room to bring your garden vision to life. Beyond home, enjoy walks beside the water at Lake Murray and hiking in Mission Trails Regional Park. Groceries, dining, outdoor adventures, and convenient freeway access make it easy to see why people put down roots in Del Cerro. Bring your ideas and a little imagination. This is a home you can make your own, in a neighborhood you’ll love getting to know.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,706 | 1,752.269 |
| Lot Size | 7,000 | 6,446.159 |
| Price | $949.0K | $1.27M |
| Price per sq ft | $556 | $736 |
| Built year | 1970 | 1971 |
| HOA | $0 | $186 |
| Days on market | 2 | 41 |
Oct 23, 2026
$949,000
Initial Listing