6443 Cleo St, San Diego, California 92115, San Diego, 92115 - 3 bed, 2 bath
6443 Cleo St
San Diego, California 92115
Property Price
SUMMARY
Analysis of 6443 Cleo St, San Diego, California 92115 reveals a property with a current list price of $1,300,000, which is 11% above the estimated $1,170,500 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6443 Cleo St Subject | $1,300,000* List Price | 3 | 2 | 1,556 | $752 | - |
A 4920 Rockford Dr Sold | $1,120,000 | 3 | 2 | 1,329 | $843 | 0.7 mi |
B 4672 Rolando Blvd Sold | $1,075,000 | 3 | 2 | 1,346 | $799 | 0.8 mi |
C 4747 Lenore Dr Sold | $990,000 | 3 | 2 | 1,208 | $820 | 0.8 mi |
D 5157 Catoctin Dr Sold | $955,000 | 3 | 2 | 1,306 | $731 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1952, the interior of this property, particularly the kitchen and bathrooms, has undergone significant and recent renovations. The kitchen features modern white shaker cabinets, stainless steel appliances, quartz countertops, and a stylish subway tile backsplash. Both bathrooms are updated with contemporary vanities, fixtures, and glass-enclosed showers with modern tiling. Throughout the living areas and bedrooms, there is updated wood-look flooring and modern light fixtures. Mini-split AC units indicate updated cooling/heating. While the property's age and 'value-add' description suggest potential for further upgrades or underlying older systems not visible, the primary living spaces are move-in ready with no immediate renovation required, aligning with a 'Good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Investment Potential
Positioned as a 'value-add investment' with clear opportunities for increased density and income generation.
- Strategic Location near SDSU
Situated just 1.2 miles from San Diego State University, ensuring consistent high rental demand from students and faculty.
- Robust Current Rental Income
Generates a substantial $6,700 per month, providing immediate and stable cash flow for investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6586, other record lot size in square feet = 6200.
- Non-Conforming Bedrooms
Two of the current five bedrooms are non-conforming, which may require legalizing or could impact occupancy and financing.
- Property Age and Potential Upgrades
Built in 1952, suggesting the likelihood of needing updates to systems and aesthetics to maximize its value and appeal.
About 6443 Cleo St
6443 Cleo Street is a value-add investment located just 1.2 miles from the San Diego State University campus. The current residence is made up of (5) bedrooms & (2) bathrooms (two of the bedrooms are non-conforming) and currently grosses $6,700 a month. Investors may explore the idea of adding a 1,200 square foot, 4 bedroom / 2 bath ADU in the backyard and/or convert the existing two car garage into another unit or bedroom. With the consistent rental demand and proximity to campus, this property poised for stable cash flow and long term appreciation.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 6,586 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Clay Elementary School
Grades K-5 • 0.8 mi
Hardy Elementary School
Grades K-5 • 1.2 mi
Mann Middle School
Grades 6-8 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,556 | 1,329 | 69% |
| Lot Size | 6,586 | 6,242 | 59% |
| Price | $1.30M | $940.0K | 83% |
| Price per sq ft | $835 | $737 | 80% |
| Built year | 1952 | 1951 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 157 | 8% |
Pricing History
Listed for Sale
Feb 3, 2026
$1,300,000
Initial Listing
Sold
Feb 23, 2023
$800,000
Public Record