8511 Pinecrest Ave, San Diego, California 92123, San Diego, 92123 - 3 bed, 3 bath
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8511 Pinecrest Ave
San Diego, California 92123
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,496Sq Ft
7,900Lot Size
Property Price
LIST PRICE$1,000,000
EST. MARKET VALUE
$1,058,627
5% BelowMARKET VALUE
SUMMARY
This Versatile Single-Family Residence represents a Strong Value Opportunity, listed at $1,000,000—positioned well below the $1,058,628 Fair Market Value by 5%. This valuation gap offers $58,628 in Instant Equity. Featuring a Detached Guest Suite, Modernized Infrastructure, and a Canyon View Lot, the property maintains a Condition Rating of 3. Proximity to Top-Rated Schools like Jones Elementary adds long-term stability. This is an ideal acquisition for Owner-Occupants seeking multi-generational living or Buy-and-Hold Investors.
Estimated Market Value
$1,058,627+$58,627 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 8511 Pinecrest Ave Subject 3 bd · 3 ba · 1,496 sqft · $708 | $1,000,000* List Price | 3 | 3 | 1,496 | $708 | - |
A 2687 Lionel Sold 3 bd · 2 ba · 1,316 sqft · $786 · 0.4 mi | $1,035,000 | 3 | 2 | 1,316 | $786 | 0.4 mi |
B 2367 Salisbury Dr Sold 4 bd · 4 ba · 1,700 sqft · $735 · 0.8 mi | $1,250,000 | 4 | 4 | 1,700 | $735 | 0.8 mi |
C 2618 Larkin Pl. Sold 4 bd · 3 ba · 1,524 sqft · $656 · 0.8 mi | $999,000 | 4 | 3 | 1,524 | $656 | 0.8 mi |
D 8851 Sovereign Road Sold 3 bd · 2 ba · 1,612 sqft · $605 · 0.7 mi | $975,000 | 3 | 2 | 1,612 | $605 | 0.7 mi |
E 2686 Root Sold 3 bd · 2 ba · 1,234 sqft · $843 · 0.4 mi | $1,040,000 | 3 | 2 | 1,234 | $843 | 0.4 mi |
F 2638 Murray Ridge Road Sold 3 bd · 2 ba · 1,262 sqft · $713 · 0.4 mi | $900,000 | 3 | 2 | 1,262 | $713 | 0.4 mi |
G 8761 Celestine Avenue Sold 4 bd · 2 ba · 1,402 sqft · $685 · 0.6 mi | $959,900 | 4 | 2 | 1,402 | $685 | 0.6 mi |
H 8860 Hoffing Sold 3 bd · 2 ba · 1,565 sqft · $741 · 0.4 mi | $1,160,000 | 3 | 2 | 1,565 | $741 | 0.4 mi |
I 8320 Neva Ave Pending 3 bd · 1 ba · 1,353 sqft · $695 · 0.1 mi | $939,900 List Price | 3 | 1 | 1,353 | $695 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1958, the property is well-maintained and move-in ready due to significant updates. Key systems have been modernized, including a newer roof (2020), updated water heater, and the addition of mini-split HVAC systems. The kitchen and bathrooms are upgraded with contemporary finishes like quartz countertops and stainless steel appliances, placing the renovation status within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7900, living area = 1496.
- Versatile Detached Addition
The property includes a detached guest suite with its own kitchen and bathroom, offering exceptional flexibility for multi-generational living, a private home office, or potential rental income.
- Premium Canyon Lot
Situated on a generous 7,900 sqft lot backing to a serene canyon, the home provides a private outdoor retreat featuring mature fruit trees, professional landscaping, and a spacious patio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1496, other record living area = 1134.
- Mid-Century Age
Built in 1958, the property may have aged underlying systems typical of the era that could require future attention despite the visible surface renovations.
- Compact Living Footprint
With 1,496 total square feet split between the main house and the detached addition, the primary living areas and bedrooms may feel small for buyers seeking more expansive interior space.
About 8511 Pinecrest Ave
Charming single-story home with a detached addition—ideal for guests, extended family, or recreation room! Situated on a generous lot backing to a canyon, this inviting property features a cozy living area with glass slider, an upgraded kitchen with stainless steel appliances and quartz countertops, and an adjoining dining area. Hardwood flooring extends throughout the home, excluding the kitchen, and the main house offers upgraded bathrooms. The primary bedroom features glass sliders opening to the backyard, while abundant storage adds everyday convenience. The beautifully landscaped backyard is a true retreat, featuring mature fruit trees (lemon, lime, fig, and nectarine), a large grassy area, playground, storage shed, and spacious side patio perfect for outdoor entertaining. Additional highlights include a newer roof (2020), updated water heater, ceiling fans, and added mini-split systems. Refrigerator, washer/dryer to convey. The detached addition offers added flexibility with its own bathroom and a compact kitchen equipped with a two-burner range, sink, microwave, and refrigerator.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 7,900 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Jones Elementary School
Grades K-5 • 0.2 mi
7/10
Angier Elementary School
Grades K-5 • 0.4 mi
7/10
Wegeforth Elementary School
Grades K-5 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,496 | 1,752.269 |
| Lot Size | 7,900 | 6,446.159 |
| Price | $1.00M | $1.27M |
| Price per sq ft | $668 | $736 |
| Built year | 1958 | 1971 |
| HOA | $0 | $186 |
| Days on market | 3 | 41 |
Pricing History
Listed for Sale
Oct 22, 2026
$1,000,000
Initial Listing
Sold
Dec 23, 2010
$330,000
Public Record
Sold
Sep 9, 1999
$208,000
Public Record