
San Diego, California 92119
This property presents a High-Potential Investment Opportunity with a List Price of $1,285,000—positioned well above the $1,132,795 Fair Market Value by -13%. While the home requires significant capital for modernization due to its Fair Condition Rating, the expansive 9,500 sqft lot offers exceptional upside for expansion or ADU development. With no HOA or Mello-Roos fees, this asset provides a manageable cost structure for long-term value creation. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a significant renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7320 Jackson Drive Subject 5 bd · 3 ba · 2,120 sqft · $534 | $1,285,000* List Price | 5 | 3 | 2,120 | $534 | - |
A 7751 Golfcrest Drive Sold 4 bd · 2 ba · 1,843 sqft · $516 · 1.0 mi | $951,000 | 4 | 2 | 1,843 | $516 | 1.0 mi |
B 6490 Cowles Mountain Boulevard Sold 4 bd · 2 ba · 1,764 sqft · $550 · 0.9 mi | $970,000 | 4 | 2 | 1,764 | $550 | 0.9 mi |
C 7122 Ruane Street Sold 4 bd · 2 ba · 1,789 sqft · $531 · 1.0 mi | $950,000 | 4 | 2 | 1,789 | $531 | 1.0 mi |
D 7716 Lake Adlon Sold 4 bd · 3 ba · 1,998 sqft · $554 · 0.8 mi | $1,106,000 | 4 | 3 | 1,998 | $554 | 0.8 mi |
E 6989 Tuckaway St Sold 3 bd · 2 ba · 1,372 sqft · $711 · 0.2 mi | $975,000 | 3 | 2 | 1,372 | $711 | 0.2 mi |
F 6427 Golfcrest Dr. Sold 4 bd · 2 ba · 2,673 sqft · $524 · 0.5 mi | $1,400,000 | 4 | 2 | 2,673 | $524 | 0.5 mi |
G 7282 Melotte Strett Sold 3 bd · 2 ba · 1,434 sqft · $732 · 0.4 mi | $1,050,000 | 3 | 2 | 1,434 | $732 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1967 and sold 'AS-IS' with no mention of renovations. The property is marketed for its 'potential,' and interior photos show significant wear, dated finishes, and walls requiring repair, indicating a need for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9500, living area = 2120.
With 5 bedrooms and 3 bathrooms across 2,120 square feet, this home offers a rare and versatile layout suitable for large families or multi-generational living in the desirable San Carlos area.
The absence of HOA fees and Mello-Roos taxes provides a significant financial advantage, lowering the total monthly carrying costs compared to many other San Diego communities.
The property is being sold in its current condition with a firm 'no repairs' stance from the seller, indicating a need for immediate capital investment for renovations or deferred maintenance.
Built in 1967, the home likely requires modernization of its core systems and interior finishes to meet contemporary standards for energy efficiency and aesthetic appeal.
Spacious Property in a Desirable San Diego Neighborhood! Discover the potential of this wonderful property at 7320 Jackson Drive, San Diego, CA 92119! Situated on a generously sized lot, this home offers plenty of outdoor space and exciting possibilities for homeowners, investors, or buyers looking to create their dream home. Enjoy the added benefits of NO HOA fees and NO Mello-Roos taxes, helping keep ongoing ownership costs down. Located in a desirable neighborhood with access to well-regarded local schools, this property offers a great opportunity to make it your own. Property is being sold AS-IS. Seller will not make repairs. Don’t miss this opportunity to own a property with a large lot and outstanding potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,120 | 1,752.269 |
| Lot Size | - | 6,446.159 |
| Price | $1.28M | $1.27M |
| Price per sq ft | $606 | $736 |
| Built year | 1967 | 1971 |
| HOA | $0 | $186 |
| Days on market | 3 | 41 |
Oct 23, 2026
$1,285,000
Initial Listing
Nov 5, 1997
$190,000
Public Record