8240 Elston Place, San Diego, California 92126, San Diego, 92126 - 3 bed, 2 bath
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8240 Elston Place
San Diego, California 92126
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,569Sq Ft
5,227.2Lot Size
Property Price
LIST PRICE$1,000,000
EST. MARKET VALUE
$962,359
3% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,000,000—positioned well below the $962,360 Fair Market Value by -3%. Featuring a Condition Rating of 4, the home offers significant mechanical value with a newer A/C, furnace, and tankless water heater. While the interior requires cosmetic modernization, the prime location near the $55M Mira Mesa Community Park and local schools provides long-term stability. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through personalization.
Estimated Market Value
$962,359
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 |
|---|---|---|---|---|---|---|
★ 8240 Elston Place Subject 3 bd · 2 ba · 1,569 sqft · $613 | $1,000,000* List Price | 3 | 2 | 1,569 | $613 | - |
A 11235 Avenida Del Gato Sold 4 bd · 2 ba · 1,627 sqft · $607 · 0.6 mi | $988,000 | 4 | 2 | 1,627 | $607 | 0.6 mi |
B 8669 Bennington Sold 3 bd · 2 ba · 1,488 sqft · $652 · 0.7 mi | $970,000 | 3 | 2 | 1,488 | $652 | 0.7 mi |
C 8495 Flanders Sold 3 bd · 2 ba · 1,441 sqft · $621 · 0.8 mi | $895,000 | 3 | 2 | 1,441 | $621 | 0.8 mi |
D 8580 Gold Coast Dr Sold 4 bd · 2 ba · 1,500 sqft · $500 · 0.9 mi | $750,000 | 4 | 2 | 1,500 | $500 | 0.9 mi |
E 7971 Montara Avenue Sold 3 bd · 2 ba · 1,405 sqft · $690 · 0.6 mi | $969,000 | 3 | 2 | 1,405 | $690 | 0.6 mi |
F 10277 Baroness Ave Sold 3 bd · 2 ba · 1,560 sqft · $696 · 0.9 mi | $1,085,000 | 3 | 2 | 1,560 | $696 | 0.9 mi |
G 8850 Brentford Avenue Sold 3 bd · 2 ba · 1,134 sqft · $785 · 0.7 mi | $890,000 | 3 | 2 | 1,134 | $785 | 0.7 mi |
H 7987 Calico Sold 4 bd · 3 ba · 1,825 sqft · $504 · 0.7 mi | $920,000 | 4 | 3 | 1,825 | $504 | 0.7 mi |
I 11320 Kelowna Road Pending 3 bd · 2 ba · 1,446 sqft · $692 · 0.8 mi | $999,999 List Price | 3 | 2 | 1,446 | $692 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1975 and original-owner occupied, the home is well-maintained but dated, featuring older white tile countertops in the kitchen. While it requires cosmetic updates to meet modern standards, it features significant system upgrades including a newer A/C, furnace, and tankless water heater, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Amenities
Ideally situated in the heart of Mira Mesa, the property is walking distance to local schools and just minutes from the newly renovated $55 Million Mira Mesa Community Park.
- Key Mechanical Upgrades
The home features a newer A/C system, furnace, and a tankless water heater, providing significant value and energy efficiency for a property of this vintage.
- Enhanced Outdoor Living
The backyard offers a private retreat with mature citrus trees, attractive brick patio flooring, and brand-new wood fencing, perfect for immediate outdoor enjoyment.
CONSRISKS & DEFICIENCIES
- Interior Modernization Required
As an original-owner home from 1975, the interior features dated elements like white tile countertops and requires cosmetic updates to reach its full market potential.
- Limited Initial Access
The property is currently in the final stages of market preparation and restricted to drive-by only, which may delay the decision-making process for urgent buyers.
About 8240 Elston Place
Fantastic opportunity in the heart of Mira Mesa! Just minutes from the newly renovated $55 Million Dollar Mira Mesa Community Park. This original-owner home offers 3 bedrooms, 2 bathrooms, and 1,569 square feet of living space. Built in 1975, the home features an open kitchen w/white tile countertops & backsplash, Whirlpool stainless steel refrigerator, gas range, microwave & dishwasher. Newer A/C & furnace. Expansive family room comes complete with a charming white stone fireplace. Backyard features 3 mature citrus trees, attractive brick patio flooring, & new wood fencing, creating a wonderful setting for outdoor enjoyment. Ample parking: 2-car garage and 2 additional cars could be parked on the brick driveway. Washer/dryer, tankless water heater, & pull down ladder leading to attic is in the garage. Brimming with potential, this home offers an exceptional opportunity to update, personalize, and make it your own! Conveniently located near shopping, restaurants, parks, freeway access, & walking distance from elementary & high school. Interior of house has been freshly painted white. Awaiting new carpet & photos - to come.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 5,227.2 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,569 | 1,752.269 |
| Lot Size | 5,227.2 | 6,446.159 |
| Price | $1.00M | $1.27M |
| Price per sq ft | $637 | $736 |
| Built year | 1975 | 1971 |
| HOA | $0 | $186 |
| Days on market | 2 | 41 |
Pricing History
Listed for Sale
Oct 23, 2026
$1,000,000
Initial Listing