6496 Cleo St, San Diego, California 92115, San Diego, 92115 - 4 bed, 2 bath

6496 Cleo St, San Diego, California 92115 home-pic-0
ACTIVE$975,000
6496 Cleo St, San Diego, California 92115
4Beds
2Baths
1,650Sqft
9,900Lot

Price Vs. Estimate

The estimated value ($975,000) is $0 (0%) lower than the list price ($975,000). 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 = 9900, living area = 1650.
Top Cons:
Age of Property: Built in 1951, the property is over 70 years old. While extensively upgraded, some buyers may have concerns about the underlying infrastructure or long-term maintenance associated with an older home.

Compared to the nearby listings

Price:$975.0K vs avg $927.5K (+$47,500)56%
Size:1,650 sqft vs avg 1,376 sqft70%
Price/sqft:$591 vs avg $69128%

More Insights

Built in 1951 (74 years old).
Condition: Despite being built in 1951, this property has undergone a comprehensive and recent renovation, as explicitly stated in the description. It features a brand-new roof, modern kitchen with new stainless steel appliances and countertops, and updated bathrooms with new vanities and fixtures. The flooring has been refinished, and fresh paint and new light fixtures are present throughout, making the home move-in ready and in turnkey condition. All major components appear new or virtually new, meeting current quality standards.
Year Built
1951
Close
-
List price
$975K
Original List price
$1.1M
Price/Sqft
$591
HOA
-
Days on market
-
Sold On
-
MLS number
250041055SD
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Fully upgraded 4BD/2BA home, 1,650 sq. ft., on a spacious 9,900 sq. ft. lot near SDSU. Brand-new roof, modern kitchen and baths, refinished flooring, paint, and fixtures throughout. Open, functional layout with great natural light and strong bones. Excellent rental income with strong cash flow and ADU potential. Expansive backyard perfect for entertaining or future expansion. Prime location near SDSU, shopping, dining, and freeways, yet tucked on a quiet street. Move-in ready and turnkey condition.

Nearby schools

5/10
Clay Elementary School
Public,K-50.8mi
8/10
Hardy Elementary School
Public,K-51.3mi
4/10
Mann Middle School
Public,6-81.8mi
8/10
Lewis Middle School
Public,6-81.9mi
8/10
Patrick Henry High School
Public,9-121.5mi
4/10
Crawford High School
Public,9-121.9mi
Condition Rating
Excellent

Despite being built in 1951, this property has undergone a comprehensive and recent renovation, as explicitly stated in the description. It features a brand-new roof, modern kitchen with new stainless steel appliances and countertops, and updated bathrooms with new vanities and fixtures. The flooring has been refinished, and fresh paint and new light fixtures are present throughout, making the home move-in ready and in turnkey condition. All major components appear new or virtually new, meeting current quality standards.
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 = 9900, living area = 1650.
Extensive Upgrades & Turnkey Condition: The property has been fully upgraded with a brand-new roof, modern kitchen and baths, refinished flooring, paint, and fixtures throughout, making it move-in ready and in turnkey condition.
Large Lot Size & Expansion Potential: Situated on a spacious 9,900 sq. ft. lot, the property offers an expansive backyard perfect for entertaining or future expansion, including significant ADU potential.
Prime Location: The home boasts a prime location near SDSU, shopping, dining, and freeways, while still being tucked away on a quiet street, offering both convenience and tranquility.
Strong Investment/Rental Potential: The property is highlighted for its excellent rental income potential with strong cash flow, further enhanced by its proximity to SDSU and ADU potential.
Functional Layout & Natural Light: Featuring an open, functional layout with great natural light and strong structural bones, the home offers a comfortable and well-designed living space.

Cons

Age of Property: Built in 1951, the property is over 70 years old. While extensively upgraded, some buyers may have concerns about the underlying infrastructure or long-term maintenance associated with an older home.
Significant Price Reduction: The property's list price has been reduced from an original $1.1 million to $975,000, which could indicate initial overpricing or market resistance, potentially raising questions for prospective buyers.
Lack of Mentioned Cooling System: The description details numerous upgrades but does not explicitly mention a cooling system (e.g., air conditioning), which could be a significant drawback for buyers in San Diego's climate.

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