889 Blackwood Dr, San Diego, California 92154, San Diego, 92154 - 4 bed, 3 bath
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San Diego, California 92154
This Flexible Multi-Generational Home is a High-Potential Investment Opportunity, listed at $850,000—positioned slightly above the $835,501 Fair Market Value. Despite the premium, the property offers significant utility through its 4-bedroom, 3-bathroom layout and a bonus room with private entry and kitchenette, perfect for rental income or extended family. With a Condition Rating of 3, the home is move-in ready with recent interior updates. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in Otay Mesa.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Blackwood Dr Subject | $850,000* List Price | 4 | 3 | 1,723 | $480 | - |
A 4205 Rene Dr Sold | $835,000 | 4 | 3 | 1,555 | $537 | 0.5 mi |
B 1196 Danober Drive Sold | $1,005,000 | 5 | 3 | 2,070 | $486 | 0.4 mi |
C 3734 Aqua Park Ct Sold | $800,000 | 3 | 2 | 1,586 | $504 | 0.3 mi |
D 3685 Marzo St Sold | $837,000 | 3 | 2 | 1,744 | $480 | 0.8 mi |
E 4006 Coldwell Ln Sold | $799,000 | 3 | 2 | 1,460 | $547 | 0.2 mi |
F 1068 Fuchsia Pending | $849,000 List Price | 4 | 3 | 1,849 | $459 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1968, the property has undergone significant renovations within the 5-15 year window. The main kitchen features updated cabinetry and stone counters, bathrooms are functional with modern vanities, and the interior boasts fresh paint and newer laminate flooring. The home is well-maintained and move-in ready.
The property features a flexible floor plan with a bonus room, private entry, and kitchenette, making it an ideal high-yield investment or suitable for multi-generational living.
The front and back yards are designed for low maintenance and entertainment, featuring a private patio with a built-in fire pit and an enclosed tiled front porch for added living space.
Recent updates including fresh interior paint and a well-maintained structure ensure the home is ready for immediate occupancy or leasing without immediate renovation needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1723, other record living area = 1523. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1968, the property may require future capital expenditures for aging systems such as plumbing or electrical compared to modern constructions.
The extensive use of concrete and hardscape throughout the backyard limits green space for buyers seeking traditional lawns or gardening opportunities.
OTAY MESA GEM! High-Yield Investment Opportunity in 92154. Well-maintained single-family detached home in the Otay Mesa area (92154), offering a flexible floor plan with approximately 1,723 sq ft of living space. The property features 4 bedrooms and 3 bathrooms, plus an additional bonus room with private entry and a kitchenette-style setup. Recent updates include fresh interior paint and an enclosed tiled front porch, providing added functional space. The layout includes separate living areas, offering flexibility for a variety of occupancy needs. The outdoor areas are designed for low maintenance, featuring extensive concrete and hardscape throughout the backyard, along with a retaining wall and a large storage shed. The front outdoor space includes a private patio area with a built-in fire pit and seating, creating a comfortable setting for outdoor enjoyment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,723 | 1,644 | 55% |
| Lot Size | 5,000 | 5,227.2 | 42% |
| Price | $850.0K | $810.0K | 59% |
| Price per sq ft | $493 | $494 | 50% |
| Built year | 1968 | 1973 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 150 | 4% |
May 12, 2026
$850,000
Initial Listing
May 17, 2001
$197,000
Public Record
Sep 29, 1994
$143,500
Public Record