6470 Lanston Street, San Diego, California 92111, San Diego, 92111 - 3 bed, 2 bath
ACTIVE$1,100,000$1,434/sqft
Est. Value: $1,023,798
-6%
AboveEstimate
6470 Lanston Street, San Diego, California 92111
3Beds
2Baths
1,434Sqft
8,276.4Lot
Price Vs. Estimate
The estimated value ($1,023,797.575) is $76,202.425 (6%) lower than the list price ($1,100,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1434.
Top Cons:
Needs Extensive Renovation: The home requires significant 'TLC and renovations,' indicating a substantial investment of time and capital to modernize and improve its condition.
Compared to the nearby listings
Price:$1.10M vs avg $1.05M (+$47,500)58%
Size:1,434 sqft vs avg 1,518 sqft39%
Price/sqft:$767 vs avg $68570%
More Insights
Built in 1948 (78 years old).
Condition: Built in 1948, this property is 76 years old and the listing explicitly states it 'needs TLC and renovations' and 'extensive renovation.' While the exterior appears structurally sound, the age and the need for extensive work suggest that major systems (plumbing, electrical, HVAC) and interior components like the kitchen and bathrooms are likely original or severely outdated, requiring substantial repairs and rehabilitation to meet current standards. The lack of interior photos for key areas like the kitchen and bathrooms, combined with the general description, points to a property that is far from move-in ready and will require significant investment.
Year Built
1948
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$767
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2600369
Home ConditionPoor
Features
Excellent View: City Lights, Canyon, Valley
ViewCity Lights,Canyon,Valley
About this home
Prime Location with no one behind! Awesome View Property with commanding views across Tecolote Canyon. This is an incredible opportunity with R-2 Multiple Zoning. This property is large with room to build. Big rental income potential. Home needs TLC and renovations. The views and location are simply spectacular! Bring your creative touches, offers, and let's go to escrow soon!
J
John O'Rourke
Listing Agent
Nearby schools
4/10
Linda Vista Elementary School
Public,•K-5•0.6mi
4/10
Carson Elementary School
Public,•K-5•0.8mi
8/10
Chesterton Elementary School
Public,•K-5•1.2mi
7/10
Fletcher Elementary School
Public,•K-5•1.2mi
9/10
Bay Park Elementary School
Public,•K-5•1.4mi
9/10
Holmes Elementary School
Public,•K-6•1.7mi
5/10
Ross Elementary School
Public,•K-5•2.0mi
5/10
Marston Middle School
Public,•6-8•1.9mi
4/10
Montgomery Middle School
Public,•7-8•16.2mi
8/10
Kearny Construction Tech School
Public,•9-12•1.4mi
5/10
Clairemont High School
Public,•9-12•2.0mi
Condition Rating
Poor
Built in 1948, this property is 76 years old and the listing explicitly states it 'needs TLC and renovations' and 'extensive renovation.' While the exterior appears structurally sound, the age and the need for extensive work suggest that major systems (plumbing, electrical, HVAC) and interior components like the kitchen and bathrooms are likely original or severely outdated, requiring substantial repairs and rehabilitation to meet current standards. The lack of interior photos for key areas like the kitchen and bathrooms, combined with the general description, points to a property that is far from move-in ready and will require significant investment.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1434.
Great Schools: Elementary School: Bay Park Elementary School (9/10).
Spectacular Views: The property boasts awesome, commanding views across Tecolote Canyon, including City Lights, Canyon, and Valley vistas, enhancing its appeal and potential value.
Prime Location & Privacy: Situated in a prime location with no one behind, offering exceptional privacy and unobstructed scenic outlooks.
R-2 Multiple Zoning: Features R-2 Multiple Zoning, presenting an incredible opportunity for potential development, expansion, or multi-unit income generation.
Development Potential: The large lot size (8276.4 sqft) combined with R-2 zoning provides ample room to build or expand, maximizing the property's future potential.
High Rental Income Potential: The property is explicitly noted for its big rental income potential, likely due to its zoning and desirable location.
Cons
Needs Extensive Renovation: The home requires significant 'TLC and renovations,' indicating a substantial investment of time and capital to modernize and improve its condition.
Older Property Age: Built in 1948, the property is older, which often implies outdated systems, finishes, and potential for deferred maintenance requiring immediate attention.
Significant Upfront Investment Required: Buyers will need to bring 'creative touches' and be prepared for a considerable upfront investment to transform the property to its full potential.