729 S 33rd Street, San Diego, California 92113, San Diego, 92113 - 3 bed, 2 bath
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729 S 33rd Street
San Diego, California 92113
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
880Sq Ft
5,412Lot Size
Property Price
LIST PRICE$599,900
EST. MARKET VALUE
$599,900
SUMMARY
This Hybrid Residential Asset is a Strong Value Opportunity, listed at $599,900—positioned well below the $599,900 Fair Market Value. The property features a Condition Rating of 3, boasting updated bathrooms and newer flooring. With RM-1-1 Zoning and a generous 5,412 sqft lot, the site offers significant potential for an ADU or multi-family development. Its proximity to the 32nd Street Naval Base and major freeways ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term development upside.
Estimated Market Value
$599,900
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 |
|---|---|---|---|---|---|---|
★ 729 S 33rd Street Subject | $599,900* List Price | 3 | 2 | 880 | $682 | - |
A 3228 Franklin Avenue Sold | $660,000 | 3 | 2 | 994 | $664 | 0.3 mi |
B 3699 Acacia St Sold | $625,000 | 2 | 1 | 784 | $797 | 0.7 mi |
C 2823 Webster Avenue Sold | $610,000 | 2 | 2 | 880 | $693 | 0.7 mi |
D 3891 Superba St Sold | $610,000 | 2 | 1 | 1,048 | $582 | 0.8 mi |
E 4015 Boston Ave Sold | $525,000 | 3 | 1 | 836 | $628 | 0.9 mi |
F 720 S 37th Active | $714,000 List Price | 4 | 2 | 996 | $717 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1926, the property has been well-maintained with newer flooring and updated bathrooms. The interior appears move-in ready and functional, consistent with a 5-15 year renovation cycle.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property is situated on a generous 5,412 sqft lot with RM-1-1 zoning, offering significant potential for an ADU or a larger multi-family development project.
- Strategic Location
Located with easy access to the I-5 and SR-15 freeways, the 32nd Street Naval Base, and downtown San Diego, this home offers high convenience for commuters and renters.
- Updated Interior
Despite its 1926 origin, the home features newer flooring and updated bathrooms, providing a well-maintained, move-in-ready space for immediate occupancy.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Limited Square Footage
With only 880 square feet of living space for a three-bedroom layout, the interior may feel cramped and lacks the spaciousness typically desired for a family home.
- Extended Market Time
Having spent over 100 days on the market with a significant price reduction from the original list price, the property has faced challenges in attracting a buyer at its initial valuation.
About 729 S 33rd Street
Very nice home in a convenient neighborhood. The long-time owner has kept the home well-maintained. Floorplan has 3 bdrms, 2 baths, and a den off the kitchen. There is newer flooring throughout, and newer bathrooms. The lot is large and offers the potential to build an ADU for multi-generational families. Zoned RM-1-1 for a larger project scope for a developer. Easy access to the 5 freeway, State Route 15, and 32nd Street Naval Base. The ocean and bay are nearby, and the house is close to downtown San Diego, South Park, Balboa Park and Coronado.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 5,412 Sq. Ft.
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
Rodriguez Elementary School
Grades K-5 • 0.3 mi
4/10
Emerson/Bandini Elementary School
Grades K-6 • 0.3 mi
3/10
Kimbrough Elementary School
Grades K-5 • 0.9 mi
3/10
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 | 880 | 1,777.941 |
| Lot Size | 5,412 | 6,474.445 |
| Price | $599.9K | $1.27M |
| Price per sq ft | $682 | $741 |
| Built year | 1926 | 1971 |
| HOA | $0 | $184 |
| Days on market | 123 | 40 |
Pricing History
Listed for Sale
Jun 20, 2026
$599,900
$665,000
-10% Price Drop
Initial Listing
Price Change
May 9, 2026
$665,000
Initial Listing