7021 Madrone Ave, San Diego, California 92114, San Diego, 92114 - 3 bed, 2 bath
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7021 Madrone Ave
San Diego, California 92114
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,378Sq Ft
0Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$807,503
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $807,503 Fair Market Value by 1%. This valuation gap offers $8,503 in Instant Equity. Featuring a Condition Rating of 2 with recent mechanical upgrades, the home offers a functional layout with a first-floor bedroom and significant ADU potential on its large lot. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, move-in ready asset with long-term growth potential.
Estimated Market Value
$807,503
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7021 Madrone Ave Subject | $799,000* List Price | 3 | 2 | 1,378 | $586 | - |
A 285 Ritchey Sold | $850,000 | 3 | 2 | 1,457 | $583 | 0.4 mi |
B 6798 Benson Ave Sold | $800,000 | 4 | 2 | 1,300 | $615 | 0.3 mi |
C 742 Marjorie Drive Sold | $780,000 | 3 | 2 | 1,180 | $661 | 0.5 mi |
D 265 Los Reyes Dr. Sold | $765,000 | 3 | 2 | 1,113 | $687 | 0.1 mi |
E 7112 Skyline Drive Sold | $790,000 | 4 | 2 | 1,649 | $479 | 0.4 mi |
F 135 65th Sold | $840,000 | 4 | 2 | 1,292 | $650 | 0.7 mi |
G 665 S Siena St Sold | $840,000 | 4 | 2 | 1,475 | $569 | 0.7 mi |
H 6729 Mezin Way Sold | $699,999 | 4 | 2 | 1,268 | $552 | 0.3 mi |
I 286 Sychar Road Pending | $775,000 List Price | 3 | 2 | 1,428 | $543 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features major system updates within the last 6 years, including HVAC, roof, water heater, and plumbing. The kitchen has been recently renovated with modern two-tone cabinetry, stone countertops, and stainless steel appliances, meeting the criteria for a high-quality renovation with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7800, living area = 1378.
- Recent Mechanical Upgrades
The home features significant capital improvements completed within the last six years, including a newer roof, HVAC system, water heater, and updated piping, significantly reducing immediate maintenance concerns for the buyer.
- Development & Utility Potential
The property offers exceptional versatility with dedicated RV parking and a large backyard that serves as a 'clean slate' for a custom outdoor oasis or the potential addition of an ADU.
CONSRISKS & DEFICIENCIES
- Unfinished Outdoor Space
While the backyard is spacious, it currently lacks finished landscaping, requiring the new owner to invest additional time and capital to transform the 'clean slate' into a functional living area.
- Modest School Ratings
The property is served by local schools with average ratings ranging from 4 to 6, which may be a drawback for families prioritizing high-ranking educational districts.
About 7021 Madrone Ave
FINALLY, YOU ARE HOME! WELCOME, to this beautifully maintained 2-story home nestled in a mature, friendly neighborhood. Lots of parking with space for RV. It features, a COZY FIREPLACE in the living room an EXPANSIVE Kitchen/Dinning area with a COMFORTING ceiling fan. 3 NICE bedrooms with PLENTY of closet space. 2 full bathrooms, this residence has COMFORTABLE AND FUNCTIONAL LAYOUT with a convenient bedroom or office on the first floor. The front yard boasts a drought tolerant DESERT LANDSCAPE, with minimal care and CURB APPEAL!! A CLEAN SLATE outside the sliding door a huge open backyard with a TASTY TANGELO TREE. This YARD is a place for you to MAKE YOUR OWN, entertainment spots, gardening area, RELAXING atmosphere or potentially the ability to ADD A ADU. Major Mechanical components are completed within the last 6 years HVAC, ROOF, WATER HEATER, PIPING FROM KITCHEN TO STREET. PAINT INSIDE and OUT. Located close to schools, parks, and local amenities, this inviting home is ready to WELCOME its next owners. AND YOU ARE IT! COME SEE YOUR HOME, BEFORE IT IS GONE! This home was (BUILT 1961).
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- -
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
Encanto Elementary School
Grades K-5 • 0.8 mi
5/10
Boone Elementary School
Grades K-5 • 1.1 mi
4/10
Freese Elementary School
Grades K-5 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,378 | 1,777.941 |
| Lot Size | - | 6,474.445 |
| Price | $799.0K | $1.27M |
| Price per sq ft | $580 | $741 |
| Built year | 1961 | 1971 |
| HOA | $0 | $184 |
| Days on market | 34 | 40 |
Pricing History
Listed for Sale
Aug 6, 2026
$799,000
Initial Listing