
San Diego, California 92122
This property presents a Strong Value Opportunity with a List Price of $1,399,999—positioned well below the $1,501,438 Fair Market Value by 6%. This valuation gap offers $101,439 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a versatile 5-bedroom layout on a corner lot, this asset is primed for renovation to unlock its full potential. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build significant equity in the high-demand University City market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6375 Farley Drive Subject 5 bd · 3 ba · 2,324 sqft · $646 | $1,399,999* List Price | 5 | 3 | 2,324 | $646 | - |
A 3211 Mercer Lane Sold 5 bd · 3 ba · 2,383 sqft · $688 · 1.0 mi | $1,640,000 | 5 | 3 | 2,383 | $688 | 1.0 mi |
B 5914 Agee Street Sold 4 bd · 3 ba · 2,106 sqft · $770 · 0.4 mi | $1,622,500 | 4 | 3 | 2,106 | $770 | 0.4 mi |
C 3461 Tony Drive Sold 4 bd · 2 ba · 1,940 sqft · $711 · 0.9 mi | $1,380,000 | 4 | 2 | 1,940 | $711 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 and appearing largely in original condition, this property is over 50 years old without significant updates. The kitchen features dated 1970s cabinetry, fluorescent lighting, and vintage linoleum flooring, while the living areas contain popcorn ceilings and worn carpeting. The listing explicitly markets the home as a renovation project for investors to 'unlock potential,' indicating that major systems and finishes require a full rehab.
Situated in the highly sought-after University City community near UCSD and UTC, this property offers the rare advantage of no HOA fees, providing owners with greater flexibility and lower monthly overhead.
The spacious 2,324 sqft floor plan features two bedrooms and a full bathroom on the main level, making it an ideal configuration for multigenerational living, long-term guests, or a private home office.
Occupying a desirable corner lot with soaring vaulted ceilings, this property is priced to sell and represents a premier opportunity for investors or homeowners to build substantial equity through customization and renovation.
The property is positioned as a project home, implying that it likely requires significant cosmetic and functional updates to bring it up to modern market standards.
Built in 1971, the home may have original systems and finishes that are nearing the end of their useful life, potentially necessitating costly upgrades to plumbing, electrical, or HVAC systems.
NO HOA! Priced to sell FAST - don't miss this rare opportunity to unlock the potential of this University City home! Situated on a desirable corner lot, this spacious 5-bedroom, 3-bathroom home offers endless potential in the highly sought-after University City community! Featuring a versatile floor plan with 2 bedrooms and a full bathroom downstairs, this home is ideal for multigenerational living. Soaring vaulted ceilings create an open, airy feel, while separate living and family rooms provide plenty of space for entertaining and everyday living. With generous room sizes, a flexible layout, and tremendous upside, this is the perfect opportunity to renovate, customize, and create your dream home. Whether you're a homeowner looking to build equity or an investor searching for your next project, the possibilities are endless. Conveniently located near shopping, dining, parks, schools, UTC, UCSD, and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,324 | 1,752.269 |
| Lot Size | 6,500 | 6,446.159 |
| Price | $1.40M | $1.27M |
| Price per sq ft | $602 | $736 |
| Built year | 1971 | 1971 |
| HOA | $0 | $186 |
| Days on market | 5 | 41 |
Oct 20, 2026
$1,399,999
Initial Listing