5861 Tulane Street, San Diego, California 92122, San Diego, 92122 - 4 bed, 3 bath
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5861 Tulane Street
San Diego, California 92122
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,689Sq Ft
6,400Lot Size
Property Price
LIST PRICE$1,549,000
EST. MARKET VALUE
$1,554,882
SUMMARY
This University City Single-Family Residence is a Strong Value Opportunity, listed at $1,549,000—positioned well below the $1,574,319 Fair Market Value by 1.6%. This valuation gap offers $25,319 in Instant Equity. With a Condition Rating of 3, the home features recent updates like new flooring and paint, while the fourth bedroom’s separate entrance provides flexible utility. Located near top-tier tech hubs and schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home with long-term appreciation potential.
Estimated Market Value
$1,554,882
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5861 Tulane Street Subject | $1,549,000* List Price | 4 | 3 | 1,689 | $921 | - |
A 5761 Carnegie Street Sold | $1,575,000 | 3 | 2 | 1,569 | $1,004 | 0.1 mi |
B 5904 Tulane Street Sold | $1,744,000 | 4 | 3 | 1,801 | $968 | 0.0 mi |
C 3435 Stadium Place Sold | $1,687,500 | 4 | 2 | 1,513 | $1,115 | 0.2 mi |
D 6165 Agee St Sold | $1,740,000 | 4 | 3 | 1,868 | $931 | 0.9 mi |
E 2716 Nansen Ave Sold | $1,355,050 | 3 | 2 | 1,664 | $814 | 0.7 mi |
F 2925 Fried Ave Sold | $1,720,000 | 3 | 2 | 1,949 | $883 | 0.3 mi |
G 5855 Stadium Street Sold | $1,800,000 | 4 | 3 | 1,668 | $1,079 | 0.2 mi |
H 7042 Dennison St Sold | $1,799,000 | 4 | 3 | 1,994 | $902 | 0.9 mi |
I 3152 Governor Drive Pending | $1,425,000 List Price | 4 | 2 | 1,564 | $911 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1962 but recently refreshed with new flooring, interior paint, and fixtures. Key systems are well-maintained with a 7-year-old roof and newer furnace/ducting. While the kitchen cabinetry and countertops are dated, the home is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated in the heart of University City, the property is walking distance to top-tier schools and parks, and minutes from major tech hubs including Google, Apple, Meta, and UCSD.
- Flexible Living Space
The fourth bedroom features a separate entrance and private bath, offering excellent potential for a multi-generational suite, home office, or rental income opportunity.
- Recent Capital Improvements
The home boasts significant recent updates including new flooring, interior paint, and a newer furnace, providing a move-in-ready experience with reduced immediate maintenance costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Vintage Infrastructure
Built in 1962, the property may still require long-term updates to original plumbing or electrical systems not fully addressed by the recent cosmetic renovations.
- Compact Living Area
At 1,689 square feet for a four-bedroom configuration, the individual room sizes and common areas may feel constrained compared to more modern, expansive floor plans.
About 5861 Tulane Street
Newly updated University City, single story home, located on a 6,400 sqft corner lot. First time on the market since 1977 and is ready for it's new owner to make it their own. 4 bedrooms, 3 bathrooms (2 of the bedrooms have full bathrooms). Recent updates include: New interior paint, new flooring throughout, newer furnace and ducting, new fixtures. Home has dual pane windows, roof is approximately 7 years old. Large 4th bedroom with full bathroom and walk in closet has separate entrance. Amazing location walking distance to Sprouts Shopping Center, excellent schools, Standley Park & Recreation Center. Incredible businesses just a few miles away (Illumina, Amazon, Google, Apple, Meta, Qualcolm, biotech, UCSD & more). Close to La Jolla Shores. Amazing opportunity!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 6,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,689 | 1,777.941 |
| Lot Size | 6,400 | 6,474.445 |
| Price | $1.55M | $1.27M |
| Price per sq ft | $917 | $741 |
| Built year | 1962 | 1971 |
| HOA | $0 | $184 |
| Days on market | 42 | 40 |
Pricing History
Listed for Sale
Jul 29, 2026
$1,549,000
Initial Listing