
San Diego, California 92115
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $899,000—positioned above the $839,431 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3 with extensive modern infrastructure, including a 2025 roof, solar with battery, and updated plumbing. The massive 12,500-square-foot lot offers Exceptional Development Potential for ADUs, making this a strategic asset for Buy-and-Hold Investors or Owner-Occupants looking to leverage land value and rental income near SDSU.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6750 Saranac Subject 2 bd · 1 ba · 840 sqft · $999 | $899,000* List Price | 2 | 1 | 840 | $999 | - |
A 5120 Catoctin Dr Sold 2 bd · 1 ba · 928 sqft · $938 · 0.3 mi | $870,000 | 2 | 1 | 928 | $938 | 0.3 mi |
B 5127 Catoctin Dr Sold 2 bd · 1 ba · 884 sqft · $852 · 0.3 mi | $753,000 | 2 | 1 | 884 | $852 | 0.3 mi |
C 6303 Cleo St Sold 2 bd · 1 ba · 842 sqft · $808 · 0.7 mi | $680,000 | 2 | 1 | 842 | $808 | 0.7 mi |
D 5151 Ewing St Active 2 bd · 1 ba · 1,077 sqft · $831 · 0.5 mi | $895,000 List Price | 2 | 1 | 1,077 | $831 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1939, the property features comprehensive system upgrades including a new roof and solar (2025), HVAC (2022), updated electrical (2020), and new plumbing (2023). The interior is move-in ready with well-maintained wood floors, though the kitchen and bathroom retain a vintage, dated aesthetic that prevents an 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12500, living area = 840.
Elementary School: Hearst Elementary School (10/10).
The massive 12,500-square-foot lot provides a rare opportunity in San Diego to add multiple Accessory Dwelling Units (ADUs) or significantly expand the existing footprint for increased rental income or equity.
At only 840 square feet with a 2-bedroom, 1-bathroom configuration, the current interior is quite small, which may limit its appeal to traditional families or buyers not looking to renovate.
The list price of $899,000 reflects the land value and development potential, resulting in a high cost per square foot that may be difficult to justify for buyers solely seeking a move-in ready primary residence.
Welcome to this charming San Diego home located near SDSU, offering incredible potential on an expansive 12,500-square-foot lot! This 2-bedroom, 1-bath property features beautiful wood flooring throughout, a cozy fireplace, ceiling fans, and a spacious covered backyard patio perfect for relaxing or entertaining. The home has been thoughtfully updated with numerous improvements, including mini-split heating and air conditioning units installed in 2022, paid-off solar with backup battery and new roof installed in 2025, new dual-pane windows, new blinds, updated exterior paint and stucco in 2026, new doors in 2026, a new water heater in 2023, updated water supply piping, replaced drain plumbing in March 2023, and an upgraded electrical panel in 2020. A detached two-car garage adds convenience and additional possibilities. The true highlight of this property is the oversized lot and its incredible potential! Whether you’re looking to explore adding accessory dwelling units (ADUs), creating additional rental income opportunities, expanding your living space, or accommodating extended family, this property offers exciting possibilities. Conveniently located near San Diego State University, shopping, dining, and the 8 Freeway, with easy access to downtown San Diego and beautiful local beaches, this property combines convenience, location, and opportunity! Whether you’re a homeowner looking for room to grow or an investor exploring additional income possibilities, this property has so much to offer. Please see supplements for additional information regarding potential development opportunities. Buyers are advised to verify all zoning, permitting, ADU possibilities, and development requirements directly with the City of San Diego. Some photos have been digitally enhanced.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 840 | 1,752.269 |
| Lot Size | 12,500 | 6,446.159 |
| Price | $899.0K | $1.27M |
| Price per sq ft | $1.1K | $736 |
| Built year | 1939 | 1971 |
| HOA | $0 | $186 |
| Days on market | 3 | 41 |
Oct 22, 2026
$899,000
Initial Listing
Jun 20, 2013
$325,000
Public Record
Mar 15, 2012
$293,000
Public Record