5707 Elk Street, San Diego, California 92114, San Diego, 92114 - 3 bed, 2 bath
ACTIVE$838,000
5707 Elk Street, San Diego, California 92114
3Beds
2Baths
1,583Sqft
6,300Lot
Price Vs. Estimate
The estimated value ($821,715.06) is $16,284.94 (1%) lower than the list price ($838,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Modern Updates: The home boasts recent renovations including new luxury vinyl floors, a renovated kitchen with new appliances, and new windows throughout, making it move-in ready and highly appealing.
Top Cons:
Age of Underlying Structure: Built in 1953, despite recent cosmetic updates, the core infrastructure of the property is older, which may raise concerns about unseen systems (e.g., plumbing, electrical, roof) not explicitly mentioned as new.
Compared to the nearby listings
Price:$838.0K vs avg $765.0K (+$73,000)86%
Size:1,583 sqft vs avg 1,475 sqft64%
Price/sqft:$529 vs avg $52950%
More Insights
Built in 1953 (72 years old).
Condition: This property has undergone extensive and high-quality renovations, including a fully updated kitchen with new stainless steel appliances, modern white shaker cabinets, and subway tile backsplash. New luxury vinyl flooring and new windows throughout contribute to a fresh, move-in ready condition. The overall aesthetic is modern and appealing. However, the home was built in 1953, and while many components are new or virtually new, the underlying structure is older. The absence of central air conditioning, as noted in the property analysis, and the general age of the core systems (not explicitly stated as replaced) prevent it from achieving an 'Excellent' rating, which implies all components are new or the property is newly built. It perfectly fits the 'Good' category as it's move-in ready with significant recent updates, and major visible systems are well-maintained and modern.
Year Built
1953
Close
-
List price
$838K
Original List price
$839K
Price/Sqft
$529
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2507704
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
Welcome to 5707 Elk Street, a freshly updated San Diego home with new luxury vinyl floors, renovated kitchen, and new appliances. Bright and airy with new windows throughout, this home offers oversized bedrooms and modern comfort. The bonus room provides flexibility for an in-law suite, home office, or potential ADU for rental income. Additional features include in-unit laundry and a grassy front yard perfect for outdoor enjoyment. Located close to schools, shops, and conveniences, this move-in ready property combines style, comfort, and opportunity in one. NO HOA, FHA & VA WELCOMED
Condition Rating
Good
This property has undergone extensive and high-quality renovations, including a fully updated kitchen with new stainless steel appliances, modern white shaker cabinets, and subway tile backsplash. New luxury vinyl flooring and new windows throughout contribute to a fresh, move-in ready condition. The overall aesthetic is modern and appealing. However, the home was built in 1953, and while many components are new or virtually new, the underlying structure is older. The absence of central air conditioning, as noted in the property analysis, and the general age of the core systems (not explicitly stated as replaced) prevent it from achieving an 'Excellent' rating, which implies all components are new or the property is newly built. It perfectly fits the 'Good' category as it's move-in ready with significant recent updates, and major visible systems are well-maintained and modern.
Pros & Cons
Pros
Extensive Modern Updates: The home boasts recent renovations including new luxury vinyl floors, a renovated kitchen with new appliances, and new windows throughout, making it move-in ready and highly appealing.
Versatile Bonus Room: A flexible bonus room offers significant potential for an in-law suite, home office, or even an Accessory Dwelling Unit (ADU) for rental income, adding considerable value and utility.
No HOA & Broad Financing Options: The absence of HOA fees provides financial savings and fewer restrictions, while being FHA & VA welcomed significantly broadens the potential buyer pool.
Convenient Location: Strategically located close to schools, shops, and essential conveniences, enhancing daily living and overall desirability.
Outdoor Enjoyment & Practical Features: A grassy front yard offers pleasant outdoor space, complemented by practical features like oversized bedrooms and in-unit laundry for modern comfort.
Cons
Age of Underlying Structure: Built in 1953, despite recent cosmetic updates, the core infrastructure of the property is older, which may raise concerns about unseen systems (e.g., plumbing, electrical, roof) not explicitly mentioned as new.
Potential Overpricing: The current listing price of $838,000 is higher than the estimated property value of $801,645.685, suggesting it may be priced above current market estimations and could face buyer resistance.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback during San Diego's warmer months and may require an additional investment for installation.