
San Diego, California 92114
This property presents a High-Potential Investment Opportunity with a List Price of $799,900—positioned well below the $777,373 Fair Market Value by -2%. While the home carries a Fair Condition Rating of 5, the inclusion of a Detached ADU and a Spacious 2,293 SqFt Layout provides significant value-add potential. Located just 0.2 miles from the highly-rated Nye Elementary School, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income to offset mortgage costs in a central San Diego location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5851 Division Street Subject 4 bd · 3 ba · 2,293 sqft · $339 | $799,900* List Price | 4 | 3 | 2,293 | $339 | - |
A 6197 Daisy Pl Sold 3 bd · 3 ba · 1,660 sqft · $383 · 0.4 mi | $635,000 | 3 | 3 | 1,660 | $383 | 0.4 mi |
B 786 Goetschl Street Sold 3 bd · 2 ba · 1,590 sqft · $397 · 0.5 mi | $631,000 | 3 | 2 | 1,590 | $397 | 0.5 mi |
C 6236 Alderley Street Sold 4 bd · 2 ba · 1,612 sqft · $397 · 0.7 mi | $640,000 | 4 | 2 | 1,612 | $397 | 0.7 mi |
D 222 Los Alamos Sold 4 bd · 3 ba · 1,571 sqft · $446 · 0.7 mi | $700,000 | 4 | 3 | 1,571 | $446 | 0.7 mi |
E 150 Richeth Pending 3 bd · 2 ba · 1,759 sqft · $384 · 0.8 mi | $675,000 List Price | 3 | 2 | 1,759 | $384 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 and showing significant signs of age without recent comprehensive renovation. The kitchen and bathrooms are dated (>30 years), and the property exhibits safety and maintenance defects including exposed electrical wiring on the exterior and unfinished walls with exposed framing and insulation in the utility area, necessitating a full rehab.
The inclusion of a complete, detached ADU provides immediate opportunities for rental income, a private guest retreat, or multi-generational living arrangements.
Spanning 2,293 square feet with four bedrooms and a second-story loft, the home offers a generous and flexible floor plan suitable for growing families.
The property is located just 0.2 miles from Nye Elementary School, which holds a high rating of 8/10, offering significant value for families with young children.
A price reduction from $825,000 to $799,900 within the first 15 days suggests the property may have faced initial challenges with market positioning.
The listing indicates no specific views, which may be a competitive disadvantage in the San Diego market where buyers often seek city or landscape vistas.
Welcome to this spacious 2-story San Diego residence! Spanning 2,293 square feet of thoughtfully designed living space, this home features 4 spacious bedrooms, 3 full bathrooms, and a versatile second-story loft filled with natural light. Conveniently situated in a central San Diego neighborhood minutes from major freeways, schools, shopping, and dining, this property offers incredible versatility with strong potential to generate rental income. This property includes a complete, detached ADU in the back-offering immediate income potential, ideal dual-family living,or a private guest retreat. Whether you are looking for room to grow, multi-generational living, or strategic investment opportunity, this home delivers exceptional value and possibilities.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.6 mi
Grades 7-9 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,293 | 1,752.269 |
| Lot Size | 6,700 | 6,446.159 |
| Price | $799.9K | $1.27M |
| Price per sq ft | $349 | $736 |
| Built year | 1972 | 1971 |
| HOA | $0 | $186 |
| Days on market | 33 | 41 |
Oct 7, 2026
$799,900
$825,000
-3% Price Drop
Initial Listing
Sep 22, 2026
$825,000
Initial Listing