
San Diego, California 92114
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well below the $616,822 Fair Market Value by 2%. This valuation gap offers $17,822 in Instant Equity. Featuring a 0.51-acre lot with SB9 subdivision potential for up to 4 units, the property carries a Condition Rating of 6. It is an ideal acquisition for Buy-and-Hold Investors or Developers seeking to leverage significant land utility and city light views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6725 Brooklyn Ave Subject 2 bd · 1 ba · 1,663 sqft · $371 | $599,000* List Price | 2 | 1 | 1,663 | $371 | - |
A 6568 Radio Drive Sold 3 bd · 2 ba · 1,310 sqft · $464 · 0.8 mi | $607,500 | 3 | 2 | 1,310 | $464 | 0.8 mi |
B 6117 Brooklyn Avenue Pending 3 bd · 1 ba · 1,178 sqft · $420 · 0.7 mi | $495,000 List Price | 3 | 1 | 1,178 | $420 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1925 (>100 years old) with no evidence of renovation, this property is marketed primarily as a development opportunity for SB9 subdivision. Interior images show significant deterioration including peeling plaster, damaged flooring, and dated systems, suggesting the structure is at the end of its functional life and the value lies in the 0.51-acre lot.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22215, living area = 1663.
The oversized 0.51-acre lot features a preliminary SB9 subdivision pathway for up to four dwelling units, offering exceptional value for developers and investors.
This relatively flat parcel is uniquely positioned to offer city light and neighborhood views, combining ease of construction with high aesthetic appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22215, other record lot size in square feet = 22369.
The 1925 farmhouse is sold in as-is condition, which likely necessitates significant capital expenditure for modernization, repairs, or structural updates.
Realizing the property's full potential requires navigating City of San Diego approvals and engineering verifications, which may involve lengthy timelines and regulatory hurdles.
RARE DEVELOPMENT OPPORTUNITY – APPROX. 0.51 ACRE PARCEL WITH EXISTING FARMHOUSE! Preliminary engineering review identifies a potential SB9 subdivision pathway for this relatively flat, oversized view parcel, with a conceptual 2-lot configuration and potential for up to 4 dwelling units, subject to applicable requirements and City approval. Existing utilities are available. The property also includes an approximately 1,663 SF, 2-bedroom, 1-bath farmhouse that may offer an opportunity for continued residential use, updating, or restoration. The spacious, unfinished area beneath the home, referred to by the seller as a basement, has standing-height clearance and exterior-door access, with potential for additional storage. Buyer to verify dimensions, permit status, allowable uses, and feasibility of future improvements. The contiguous approx. 0.48-acre vacant parcel (APN 544-225-02-00) is also offered separately, with a preliminary SB1123 concept illustrating a potential 10-lot configuration. Seller prefers to sell both contiguous parcels together, offering buyers the opportunity to explore the combined development potential while considering the existing home's possibilities. Engineering communication and preliminary concepts are available in MLS Documents. Buyer to independently verify all zoning, subdivision eligibility, development potential, home condition, utilities, costs, and required permits and approvals with the City of San Diego and appropriate professionals. Property is sold AS IS.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-6 • 0.9 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,663 | 1,752.269 |
| Lot Size | 22,215.6 | 6,446.159 |
| Price | $599.0K | $1.27M |
| Price per sq ft | $360 | $736 |
| Built year | 1925 | 1971 |
| HOA | $0 | $186 |
| Days on market | 16 | 41 |
Oct 9, 2026
$599,000
Initial Listing