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7391 Margerum Avenue, San Diego, California 92120, San Diego, 92120 - 5 bed, 3 bath

7391 Margerum Avenue, San Diego, California 92120 home-pic-0
ACTIVE UNDER CONTRACT$1,139,000
7391 Margerum Avenue, San Diego, California 92120
5Beds
3Baths
2,304Sqft
15,986.52Lot

Price Vs. Estimate

The estimated value ($1,139,000) is $0 (0%) lower than the list price ($1,139,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 15986, living area = 2304.
Top Cons:
Original Construction Age (1966): Despite numerous modern upgrades, the property's core structure dates back to 1966, which may imply some older design elements or potential for age-related maintenance in areas not explicitly renovated.

Compared to the nearby listings

Price:$1.14M vs avg $1.16M ($-23,500)44%
Size:2,304 sqft vs avg 1,763.5 sqft79%
Price/sqft:$494 vs avg $6775%

More Insights

Built in 1966 (59 years old).
Condition: This property, built in 1966, has undergone extensive and significant renovations since 2016, including a new cool roof, owned solar, central AC & heating, and mini-splits, bringing major systems up to modern standards. The kitchen features granite countertops, stainless steel appliances (including a new smart refrigerator), and modern cabinetry, appearing updated and in excellent condition. Bathrooms, particularly the primary ensuite, are described as 'elegant' and appear recently updated with modern fixtures and finishes in the images. Recent upgrades also include carpeting and interior paint. While the core structure is older, the comprehensive updates to critical systems and key living areas make this home move-in ready with no immediate renovations required, aligning perfectly with the 'Good' condition criteria.
Year Built
1966
Close
-
List price
$1.14M
Original List price
$1.18M
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
TR25177015
Home ConditionGood
Features
Good View: Hills, Pool
Deck
Pool
Patio
ViewHills, Pool

About this home

Welcome to Your Dream Home in Del Cerro! This beautifully maintained 5-bedroom + bonus room, 2.5-bath residence offers modern upgrades just minutes from top-rated schools, Mission Trails Regional Park and only 20 minutes from beaches and downtown San Diego. Recent upgrades include carpeting, interior paint, and a flat roof over the addition. Significant upgrades since 2016 feature an energy-efficient cool roof, owned solar, pool pump, central AC & heating, Quiet Cool whole house fan, and mini-splits for year-round comfort. Inside, enjoy a versatile floor plan with multiple living areas, including a sunlight room with a skylight and fireplace, a spacious dining area, and a main level main-level flex space with a private entrance—ideal for guests, in-laws, or a home office. The kitchen boasts granite countertops, stainless steel appliances, a spacious pantry, and a new smart refrigerator. Upstairs, five bedrooms await, highlighted by a primary suite with a WIC and an elegant ensuite bathroom. Step outside to a tranquil back yard complete with a sparkling pool, water feature, fully fenced yard, and outdoor shed for extra storage. The two-car garage includes built-in shelving, a storage rack, and a washer/dryer. This meticulously maintained home is a rare find in one of San Diego’s most sought-after communities.

Condition Rating
Good
This property, built in 1966, has undergone extensive and significant renovations since 2016, including a new cool roof, owned solar, central AC & heating, and mini-splits, bringing major systems up to modern standards. The kitchen features granite countertops, stainless steel appliances (including a new smart refrigerator), and modern cabinetry, appearing updated and in excellent condition. Bathrooms, particularly the primary ensuite, are described as 'elegant' and appear recently updated with modern fixtures and finishes in the images. Recent upgrades also include carpeting and interior paint. While the core structure is older, the comprehensive updates to critical systems and key living areas make this home move-in ready with no immediate renovations required, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

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 = 15986, living area = 2304.
Extensive Modern Upgrades & Energy Efficiency: The property boasts significant upgrades since 2016, including an energy-efficient cool roof, owned solar, central AC & heating, a Quiet Cool whole house fan, and mini-splits, ensuring year-round comfort and reduced utility costs.
Versatile Living Spaces: Featuring a versatile floor plan with multiple living areas and a main-level flex space with a private entrance, this home is ideal for guests, in-laws, or a dedicated home office, offering exceptional adaptability.
Prime San Diego Location: Situated in the sought-after Del Cerro community, the home is minutes from top-rated schools and Mission Trails Regional Park, and only 20 minutes from San Diego's beaches and downtown, offering convenience and lifestyle appeal.
Resort-Style Outdoor Amenities: The tranquil backyard features a sparkling pool, water feature, fully fenced yard, and an outdoor shed, providing a private oasis for relaxation and entertaining.
Updated Kitchen & Primary Suite: The kitchen is well-appointed with granite countertops, stainless steel appliances, a spacious pantry, and a new smart refrigerator, complemented by a primary suite featuring a walk-in closet and an elegant ensuite bathroom.

Cons

Original Construction Age (1966): Despite numerous modern upgrades, the property's core structure dates back to 1966, which may imply some older design elements or potential for age-related maintenance in areas not explicitly renovated.
Flat Roof Over Addition: While recently upgraded, the presence of a flat roof over the addition can be a concern for some buyers due to perceived higher maintenance requirements and potentially shorter lifespan compared to traditional pitched roofs.
Lack of Premium Panoramic Views: Although offering 'Hills, Pool' views, the property does not feature the highly coveted panoramic ocean or city skyline views that often command a significant premium in the San Diego real estate market.

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