843 Alvin Street, San Diego, California 92114, San Diego, 92114 - 6 bed, 4 bath
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San Diego, California 92114
This Income-Generating Multi-Generational Estate is a High-Potential Investment Opportunity listed at $1,199,000—positioned slightly below the $1,205,371 Fair Market Value by 1%. This valuation provides $6,371 in Instant Equity. Featuring a Condition Rating of 2, the property includes a fully remodeled main residence and a brand-new 2026 ADU with a separate address and electric meter. The elevated lot offers panoramic mountain views and professional turf landscaping within the San Diego Unified School District. This turnkey asset is ideal for Owner-Occupants or Multi-generational Families seeking significant rental upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 843 Alvin Street Subject | $1,175,000* List Price | 6 | 4 | 2,830 | $423 | - |
A 190 61st Street Sold | $900,000 | 5 | 2 | 1,843 | $488 | 0.7 mi |
B 1770 Tooley Circle Active | $875,000 List Price | 4 | 3 | 1,960 | $446 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation and includes a brand-new 2026 ADU. The main residence features a fully remodeled kitchen with new stainless steel appliances, three modernized bathrooms with contemporary tile and fixtures, new vinyl flooring throughout, and updated major systems including new plumbing, dual HVAC systems, and tankless water heaters.
The property features a brand-new 2026 Junior ADU with a separate address and independent utility meters, offering exceptional potential for rental income, house hacking, or multi-generational living.
The main residence is fully modernized with two new HVAC systems, two tankless water heaters, updated plumbing, and high-end finishes including remodeled bathrooms and a contemporary kitchen.
The backyard provides stunning hill and mountain views, complemented by professional low-maintenance turf landscaping that offers year-round curb appeal with minimal upkeep.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2830, other record living area = 2422. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The assigned public schools for this address have relatively low performance ratings, which may be a significant consideration for families with school-aged children.
The listing price sits at a substantial premium for the Emerald Hills area, which could lead to appraisal challenges or limit the pool of buyers comfortable with the local price ceiling.
SELLER OFFERING $26,000 CREDIT towards interest rate buy-downs and/or closing costs! Lower your monthly payment significantly on this incredible 5 Bed | 3 Bath Main Home + New 2026 1 Bed | 1 Bath ADU with Separate Address & Electric Meter — Separate Entrance This multi-generations and Income-generating property with two separate living spaces and beautiful views (easily rentable as three living spaces). The main home offers a comfortable, move-in ready environment featuring 3 fully remodeled bathrooms, an updated kitchen with new appliances, a primary suite with walk-in closet and modern fixtures throughout. The layout is designed for practical everyday living, and the property provides plenty of parking for residents and guests. All plumbing is new, 2 HVAC Systems, 2 Tankless water heaters, New Vinyl flooring, Fireplace The front yard features attractive low-maintenance turf landscaping, providing the look of lush green grass year-round while requiring minimal upkeep. Step into the backyard and enjoy an amazing view, creating a relaxing outdoor space to unwind and take in the surrounding scenery. Adding excellent flexibility is the newly completed 2026 Junior ADU featuring its own address, separate electric meter, water sub-meter, and separate entrance this one bed room JADU can be easily turned in to two bedrooms with simple wall, offering privacy and independence from the main home. This space is ideal for extended family, guests, or rental income. With two living spaces, the property offers multiple income opportunities: • Live in the main home and rent the JADU • Live in the JADU and rent the main home • Live upstairs and rent the main house and JADU • Rent both units for maximum income generation A versatile property ideal for homeowners, multigenerational living, or buyers seeking an income-producing opportunity. Easily get the loan and live with paid mortgage by the tenants! OR AIRBNB. Great property for the assisted living as it has so many rooms and bathrooms!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 4.0 | 2.0 | 99% |
| Square foot | 2,830 | 1,400 | 99% |
| Lot Size | 8,700 | 6,200 | 78% |
| Price | $1.18M | $762.0K | 98% |
| Price per sq ft | $415 | $531 | 17% |
| Built year | 1958 | 1962 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 153 | 4% |
Apr 15, 2026
$1,175,000
$1,199,000
-2% Price Drop
Initial Listing
Mar 22, 2026
$1,199,000
Initial Listing
Dec 16, 2024
$641,000
Public Record
Dec 13, 2024
$610,000
Public Record