
San Diego, California 92114
This Turnkey Residence with Massive Development Potential is a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $882,798 Fair Market Value by 3%. This valuation gap provides $33,798 in Instant Equity. Boasting an Excellent Condition Rating from a 2023 renovation, the home features a City Lights View and a massive 13,700 sq ft lot. With permitted plans for six 3-bedroom ADUs, the property offers extraordinary rental upside. It is an ideal match for Portfolio-Building Investors or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 825 51st Subject | $829,000* List Price | 4 | 2 | 1,289 | $662 | - |
A 5533 Roswell St Sold | $750,000 | 3 | 2 | 1,269 | $591 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was extensively renovated in 2023, which falls within the 5-year window for an excellent rating. It features fresh interior and exterior paint, updated laminate flooring throughout, and modernized bathrooms with new vanities and tile work. The kitchen has been updated with a new backsplash and stainless steel appliances, and the home is presented in move-in ready condition with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13700, living area = 1289.
The massive 13,700 sq. ft. lot comes with permitted plans for six 3-bedroom, 2.5-bath ADUs, offering a rare and significant opportunity for rental income and portfolio growth.
The primary 4-bedroom home was thoughtfully renovated in 2023 and recently painted inside and out, making it immediately move-in ready for an owner-occupant or tenant.
The local schools serve the area with relatively low ratings, ranging from 2 to 5, which may be a deterrent for families prioritizing educational performance.
While plans are permitted, the full realization of the property's value requires significant additional capital investment and construction management to build the six proposed units.
Not your ordinary find! This property is not only competitively priced, but it also offers a rare opportunity to build a real estate portfolio right from your own backyard. This single-family residence features 4 bedrooms, 2 bathrooms, and a two-car garage. The home was recently painted inside and out, and it was thoughtfully renovated and updated in 2023. It is truly move-in ready or ideal as a rental investment. Situated on an expansive 13,700 sq ft lot, the property comes with permitted plans to develop a total of six ADUs. Each ADU is designed as a 3-bedroom, 2.5-bath unit with its own two-car garage—creating exceptional income and long-term appreciation potential. A rare blend of comfortable living and large-scale investment opportunity.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,289 | 1,400 | 39% |
| Lot Size | 13,700 | 6,200 | 91% |
| Price | $829.0K | $762.0K | 77% |
| Price per sq ft | $643 | $534 | 73% |
| Built year | 1973 | 1962 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 153 | 3% |
Apr 19, 2026
$829,000
$849,000
-2% Price Drop
Initial Listing
Mar 20, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
Feb 27, 2026
$899,000
Initial Listing
Jan 24, 2025
$1,050,000
Public Record
Jul 24, 2023
$666,000
Public Record