6113 15 Acorn Street, San Diego, California 92115, San Diego, 92115 - bed, bath
ACTIVE$599,900
6113 15 Acorn Street, San Diego, California 92115
0Bed
0Bath
1,344Sqft
0.13Lot
Year Built
1950
Close
-
List price
$600K
Original List price
$726K
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508743
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $599.9K(25th), sqft - 1344(25th), beds - undefined(25th), baths - undefined(25th).
Investor Special -- CASH ONLY! Property can not be financed due to condition. 2 units in college area. Unit 1 is a 2 bed 1 bath. Unit 2 is a 1 bed 1 bath. Both units have a living space together of 1340 on a 5k+ sq foot lot. Good potential but investor must assume property needs everything as the property has not been maintained for several years.
Price History
Date
Event
Price
12/08/25
Price Change
$599,900-17.3%
11/21/25
Listing
$725,500
Condition Rating
Poor
This property, built in 1950, is explicitly described as an 'Investor Special' that 'needs everything' and 'cannot be financed due to condition.' The listing further states it 'has not been maintained for several years,' and core systems (plumbing, electrical, HVAC) will likely require extensive and costly updates. The provided image reinforces this, showing a severely neglected exterior with visible disrepair, clutter, and unkempt surroundings. This aligns perfectly with the 'Poor' condition criteria, indicating substantial repairs and rehabilitation are required, with significant defects affecting its livability and safety.
Pros & Cons
Pros
Income-Generating Duplex: The property features two distinct units (2B/1B and 1B/1B), offering immediate potential for rental income and a diversified investment.
Prime College Area Location: Situated in San Diego's desirable college area, the property benefits from a high-demand rental market, ensuring strong tenant interest and stable occupancy.
Significant Value-Add Opportunity: Marketed as an 'Investor Special,' this property presents substantial upside potential through comprehensive renovation and modernization, allowing for increased rental yields and property value.
Generous Lot Size: The 0.13-acre lot provides ample outdoor space, offering potential for landscaping improvements, tenant amenities, or future expansion (subject to zoning).
Recent Price Adjustment: A substantial price reduction from $725,500 to $599,900 indicates seller motivation and offers a more attractive entry point for investors.
Cons
Cash-Only Transaction: Due to its condition, the property cannot be financed, severely limiting the buyer pool to cash investors and requiring significant upfront capital.
Extensive Renovation Required: The property 'needs everything' and has been unmaintained for several years, implying substantial capital expenditure for comprehensive repairs and upgrades.
Age and Deterioration: Built in 1950, the property's age combined with years of neglect suggests that core systems (plumbing, electrical, HVAC) will likely require extensive and costly updates to meet modern standards.