5868 Overlake Ave, San Diego, California 92120, San Diego, 92120 - 4 bed, 4 bath

5868 Overlake Ave, San Diego, California 92120 home-pic-0

5868 Overlake Ave

San Diego, California 92120

ACTIVE
CONDITION: POOR
4Beds
4Baths
3,038Sq Ft
11,100Lot Size

Property Price

LIST PRICE$1,950,000
EST. MARKET VALUE
$1,853,288
5% AboveMARKET VALUE

SUMMARY

Analysis of 5868 Overlake Ave, San Diego, California 92120 reveals a property with a current list price of $1,950,000, which is 5% above the estimated $1,853,288 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$1,853,288
Based on Realkey algorithm analyzing recent comparable sales in San Diego.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5868 Overlake Ave
Subject
$1,950,000*
List Price
443,038$610-
A
6346 Ridge Manor Avenue
Sold
$2,200,000543,200$6880.4 mi
B
6436 Rancho Park Dr
Sold
$1,652,000432,439$6770.5 mi
C
6016 Wenrich Pl
Sold
$1,485,000533,243$4580.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1965, this mid-century residence is explicitly marketed as a 'blank canvas' for renovation, restoration, or reimagining. While it features fresh interior paint and new carpet to improve presentation, the property likely retains original or significantly aged kitchen, bathroom, and mechanical systems that require substantial rehabilitation to meet current quality and safety standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Hearst Elementary School (10/10).

  • Exceptional Panoramic Views

    Perched on one of the highest streets in Del Cerro Highlands, the property offers rare, unobstructed sightlines spanning the mountains, downtown skyline, San Diego Bay, and the Pacific Ocean.

  • Mid-Century Modern Architecture

    The residence features iconic design elements including vaulted ceilings, a dramatic floor-to-ceiling stone fireplace, and expansive walls of glass that highlight its timeless architectural appeal.

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 = 2.

  • Significant Renovation Needed

    Marketed as a 'blank canvas' to 'renovate, restore, or reimagine,' the property likely requires substantial capital investment to modernize the 1965 interiors and systems.

  • Dated Infrastructure

    Given the home's age and original mid-century features, buyers may encounter aging plumbing, electrical, or mechanical systems that necessitate upgrades to meet current standards.

About 5868 Overlake Ave

Sweeping panoramic views set the stage for this single-level mid-century modern residence, perched on one of the highest streets in Del Cerro Highlands with sightlines spanning the mountains, downtown skyline, bay, Coronado Islands, and the Pacific Ocean beyond. By day, the San Diego landscape stretches for miles; by night, the city lights create a dramatic backdrop. Offering over 3,000 square feet, the flexible floor plan includes four bedrooms plus a den or optional fifth bedroom and three and one-half bathrooms. Signature mid-century elements, such as clean lines, a dramatic floor-to-ceiling stone fireplace with floating hearth, warm wood paneling, vaulted ceilings, and walls of glass, combine to create a timeless architectural foundation. Fresh interior paint and new carpet provide a blank canvas, while the generous layout and expansive view deck open the door to endless design possibilities. The single-level footprint enhances livability, and the elevated positioning maximizes both privacy and perspective. A rare opportunity to renovate, restore, or reimagine a spectacular view home in one of Del Cerro’s most sought-after enclaves.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
11,100 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Diego Unified Schools

Hearst Elementary School

Grades K-5 • 0.8 mi

10/10

Lewis Middle School

Grades 6-8 • 1.8 mi

8/10

Patrick Henry High School

Grades 9-12 • 0.7 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.02.0
91%
Square foot3,0381,753
89%
Lot Size11,1007,000
84%
Price$1.95M$1.15M
93%
Price per sq ft$642$677
41%
Built year19651964
55%
HOA$0$0
50%
Days on market1142
6%

Pricing History

Listed for Sale

Mar 6, 2026

$1,950,000

Initial Listing

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