7474 Salerno St., San Diego, California 92111, San Diego, 92111 - 3 bed, 2 bath
7474 Salerno St.
San Diego, California 92111
Property Price
SUMMARY
Analysis of 7474 Salerno St., San Diego, California 92111 reveals a Prime Investment Opportunity with a current list price of $925,000—significantly undercutting the $989,806 Fair Market Value by 6%. This valuation gap indicates a +$64,806 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7474 Salerno St. Subject | $925,000* List Price | 3 | 2 | 1,232 | $803 | - |
A 7281 Arillo Street Sold | $940,000 | 3 | 2 | 1,176 | $799 | 0.7 mi |
B 4018 Hatton St Sold | $1,055,000 | 3 | 2 | 1,232 | $856 | 0.2 mi |
C 7131 Malta St Sold | $1,055,000 | 3 | 2 | 1,284 | $822 | 0.5 mi |
D 3413 Rollsreach Dr Sold | $1,090,000 | 3 | 2 | 1,200 | $908 | 0.9 mi |
E 7661 Stalmer St Sold | $855,000 | 3 | 2 | 1,053 | $812 | 0.7 mi |
F 3271 Atlas Street Sold | $935,000 | 3 | 2 | 1,112 | $841 | 0.9 mi |
G 3996 Hatton St Pending | $1,145,000 List Price | 3 | 2 | 1,232 | $929 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1960, the property has undergone an extensive recent renovation within the last 5 years. The interior features a modern open-concept kitchen with white shaker cabinets, granite countertops, and stainless steel appliances. Bathrooms have been fully updated with contemporary tile work and new vanities. The home includes modern luxury vinyl or laminate flooring throughout, recessed lighting, fresh paint, and energy-efficient solar panels, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the highly sought-after Clairemont community, this home offers exceptional proximity to major freeways, shopping, and dining, providing a convenient lifestyle for commuters and families alike.
- Energy Efficiency
The property features a solar power system, offering significant long-term value and helping to reduce monthly utility expenses for the homeowner.
- Modernized Interior
With an open floor plan, granite countertops, and fresh interior paint, the home provides a contemporary feel and a seamless flow between living spaces that maximizes natural light.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1960, the property may require more frequent maintenance or future updates to aging infrastructure systems compared to newer builds.
- Compact Living Space
At 1,232 square feet for a three-bedroom residence, the interior proportions may feel somewhat restrictive for buyers seeking more expansive living or storage areas.
About 7474 Salerno St.
Located in highly sought after community of Clairemont. This centrally located 3-bedroom, 2-bath single level home offers comfort, convenience, and charm. Just minutes from shopping, dining, schools, parks, and major freeways, this home provides easy access to everything Clairemont has to offer. Recently updated with fresh interior paint, SOLAR, the home features lots of natural light, granite countertops, and an open floor plan that creates a seamless flow between living spaces.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- 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
Ross Elementary School
Grades K-5 • 0.3 mi
Lindbergh/Schweitzer Elementary School
Grades K-6 • 0.6 mi
Innovation Middle School
Grades 6-8 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,232 | 1,516 | 27% |
| Lot Size | - | 5,900 | 17% |
| Price | $925.0K | $1.06M | 25% |
| Price per sq ft | $751 | $703 | 63% |
| Built year | 1960 | 1961 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 140 | 5% |
Pricing History
Listed for Sale
Mar 2, 2026
$925,000
Initial Listing