
San Diego, California 92139
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $775,000—positioned well above the $717,314 Fair Market Value by 8%. While currently priced above market, the property’s 8,600 sqft lot and ADU potential offer significant long-term value-add. Featuring a Condition Rating of 4, the home includes recent cosmetic upgrades and a detached garage. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage the large lot for future development or multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5862 Schuyler St Subject | $775,000* List Price | 3 | 2 | 1,158 | $619 | - |
A 6228 Calle Pavana Sold | $619,000 | 3 | 2 | 1,136 | $545 | 0.5 mi |
B 5754 Potomac St Sold | $650,000 | 2 | 1 | 1,260 | $516 | 0.2 mi |
C 5909 Albemarle St Sold | $680,000 | 3 | 2 | 1,346 | $505 | 0.1 mi |
D 2735 Kausman Street Sold | $730,000 | 3 | 2 | 968 | $754 | 0.9 mi |
E 2595 Calle Tres Lomas Sold | $650,000 | 3 | 2 | 1,233 | $527 | 0.6 mi |
F 2545 Calle Aguadulce Sold | $775,000 | 2 | 1 | 1,416 | $547 | 0.6 mi |
G 2429 Calle Serena Sold | $725,000 | 3 | 1 | 1,000 | $725 | 0.4 mi |
H 6295 Calle Pavana Sold | $799,000 | 3 | 2 | 1,377 | $580 | 0.6 mi |
I 5949 Potomac Pending | $750,000 List Price | 3 | 2 | 1,218 | $616 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property features recent cosmetic updates like new interior/exterior paint and solar panels. However, the bathroom fixtures (specifically the brass-framed corner shower) appear dated and likely exceed 20 years in age. While functional and move-in ready, the home requires modernization of core areas to move beyond a dated status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8600, living area = 1158.
The expansive 8,600 sqft lot combined with a detached two-car garage presents a significant opportunity for an Accessory Dwelling Unit (ADU) conversion, maximizing the property's value and rental income potential.
Beyond the main 3BR/2BA layout, the property features an enclosed room and additional bathroom in the back, providing versatile space ideal for multi-generational living, a guest suite, or a home office.
The solar system is on a lease that must be transferred to the buyer, which may be a deterrent for those seeking owned equipment or wanting to avoid additional monthly financial obligations.
With 59 days on the market and four consecutive price reductions from the original $840,000 asking price, the property may face challenges with buyer perception regarding its market value.
This is one of the most desirable community in Paradise Hills. This beautifully remodeled 3BR/ 2BA is conveniently close to Plaza Bonita mall, grocery markets, shop and restaurants a walking distance to Paradise Hills Elementary School. The enclosed room and bath room in the back provides additional flexible living and perfect for extended family or for entertainment party or can be use as a guest room. Easy access to 125, 805, I-5 fwy, naval station, downtown and few minutes to airport. This house is equip with solar system that will be transferred on a least to the new owner. Brand new paint interior and exterior with ceiling fan in all the rooms. An added concrete slab driveway for additional parking in the front. A secured concrete blocks wall fence in the front all the way to the back for security and privacy. There is a side gate driveway leading to a detached 2 car garage. The garage slab was repaired with 3 new windows and a new roll-up garage door with remote control. There is also extra BA at the side to the house leading to the garage. A covered patio , a storage shed. A variety of fruit trees. Night light solar. front and back. Check this out and see the potential to build an ADU on this beautiful 8,600 sqft lot. Thank you for showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,158 | 1,777 |
| Lot Size | 8,600 | 6,600 |
| Price | $775.0K | $1.24M |
| Price per sq ft | $669 | $743 |
| Built year | 1951 | 1972 |
| HOA | $0 | $200 |
| Days on market | 72 | 39 |
Jul 2, 2026
$775,000
$795,000
-3% Price Drop
Initial Listing
Jun 26, 2026
$795,000
$805,000
-1% Price Drop
Initial Listing
Jun 18, 2026
$805,000
$840,000
-4% Price Drop
Initial Listing
May 11, 2026
$840,000
Initial Listing
Sep 25, 2020
$500,000
Public Record