
San Diego, California 92114
This Investment Asset represents a High-Potential Investment Opportunity with a List Price of $485,000—positioned well below the $487,662 Fair Market Value by 1%. This valuation gap offers $2,662 in Instant Equity for buyers targeting a value-add project. Featuring a Condition Rating of 5, the 1949 structure requires significant modernization but sits on an expansive 8,769-square-foot lot just 0.19 miles from Encanto Elementary School. The Probate Pending status and high lot-to-living ratio provide substantial upside for forced appreciation, making this a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6344 Wunderlin Ave Subject | $485,000* List Price | 3 | 1 | 1,080 | $452 | - |
A 866 Merlin Dr Sold | $505,535 | 3 | 1 | 1,190 | $425 | 0.5 mi |
B 569 Flicker Sold | $410,000 | 2 | 1 | 960 | $427 | 0.8 mi |
C 6117 Brooklyn Avenue Pending | $495,000 List Price | 3 | 1 | 1,178 | $420 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 with no evidence of recent renovations, this property is described as having dated infrastructure and requiring significant updates. The 'Probate Pending' status and low price point for the San Diego area indicate a fixer-upper in need of substantial rehabilitation of major systems, the single bathroom, and the kitchen to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8769, living area = 1080.
Priced at $485,000, this property represents a rare entry-level opportunity in the San Diego market, offering significant affordability compared to the regional median home price.
The residence is located just 0.19 miles from Encanto Elementary School, making it an ideal and highly convenient location for families with young children.
The 'Probate Pending' status suggests a potentially lengthy and complicated legal process for closing, which may deter buyers seeking a quick or standard escrow.
Built in 1949, the home likely requires significant updates to its original systems and only features one bathroom, which may limit its appeal for larger households.
Probate Pending.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-6 • 1.1 mi
Grades 6-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 1,080 | 1,400 | 19% |
| Lot Size | - | 6,200 | 16% |
| Price | $485.0K | $762.0K | 4% |
| Price per sq ft | $449 | $531 | 23% |
| Built year | 1949 | 1962 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 153 | 7% |
Mar 6, 2026
$485,000
Initial Listing