5657 Red River Drive, San Diego, California 92120, San Diego, 92120 - 4 bed, 3 bath
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San Diego, California 92120
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned well below the $1,124,808 Fair Market Value by 2%. This valuation gap offers $25,808 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates to unlock its full potential. With a 9,000 sq. ft. lot, breathtaking valley views, and proximity to top-rated schools like Marvin Elementary (9/10), this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking significant value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5657 Red River Drive Subject | $1,099,000* List Price | 4 | 3 | 1,729 | $651 | - |
A 7225 Laura Ct Sold | $1,000,000 | 4 | 2 | 1,369 | $730 | 0.4 mi |
B 6751 Delfern Street Sold | $877,800 | 3 | 1 | 1,433 | $613 | 0.9 mi |
C 6310 Decanture Street Sold | $975,000 | 3 | 2 | 1,434 | $680 | 0.9 mi |
D 6392 Amberly St Sold | $985,000 | 3 | 2 | 1,304 | $755 | 0.9 mi |
E 5585 Laramie Way Sold | $985,000 | 3 | 2 | 1,359 | $725 | 0.1 mi |
F 5533 Elgin Ave Active | $939,000 List Price | 3 | 2 | 1,679 | $559 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 (59 years old) and described as a 'diamond in the rough,' the property requires significant rehab. Interior photos show a dated kitchen and a prominent crack in the ceiling, suggesting potential structural settling or deferred maintenance consistent with the 'Poor' classification for homes of this age needing more than minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1729.
Elementary School: Marvin Elementary School (9/10).
The property features breathtaking, unobstructed valley views from a level, fully fenced 9,000 sqft lot, providing a premium outdoor experience and significant privacy in the desirable Del Cerro neighborhood.
Described as a 'diamond in the rough,' the 1965-built home requires comprehensive cosmetic updates and modernization to reach its full market potential.
The 300+ sqft family room addition is not included in the reported square footage, which may lead to appraisal complexities or require verification of building permits.
Incredible equity builder with breathtaking valley views! This diamond in the rough is ready for your cosmetic updates to unlock its full potential. The highly desirable layout features a rare dual-bedroom setup on the main level, including the primary suite. A spacious front living room flows through the kitchen toward the back of the home, where you'll find a massive family room addition (300+ sq. ft. fully enclosed rear patio not included in reported square footage)—perfect for large gatherings. Upstairs, discover two additional bedrooms, a full bath, and a versatile bonus loft ideal for a second family room or home office. The level, fully fenced backyard offers a private retreat with stunning, unobstructed views of the lush open space valley to the south. Complete with an attached garage featuring overhead storage, workbenches, and direct entry through the laundry room.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,729 | 1,777 |
| Lot Size | 9,000 | 6,600 |
| Price | $1.10M | $1.24M |
| Price per sq ft | $636 | $743 |
| Built year | 1965 | 1972 |
| HOA | $0 | $200 |
| Days on market | 37 | 39 |
Jun 16, 2026
$1,099,000
Initial Listing
Jul 28, 2011
$394,500
Public Record
Jul 1, 2005
$605,000
Public Record