9371 Fermi, San Diego, California 92123, San Diego, 92123 - 3 bed, 2 bath
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9371 Fermi
San Diego, California 92123
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,053Sq Ft
6,000Lot Size
Property Price
LIST PRICE$825,000
EST. MARKET VALUE
$823,714
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $825,000—positioned well below the $823,715 Fair Market Value by 0%. While the property is priced at market, its Fair Condition Rating and dated interior provide a clear path for forced appreciation through cosmetic modernization. Key features include a spacious side yard for RV/Boat parking and a vaulted ceiling layout. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity in a central Serra Mesa location.
Estimated Market Value
$823,714
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 |
|---|---|---|---|---|---|---|
★ 9371 Fermi Subject | $825,000* List Price | 3 | 2 | 1,053 | $782 | - |
A 3141 Admiral Ave Sold | $855,000 | 3 | 2 | 1,300 | $658 | 0.2 mi |
B 9430 Fermi Avenue Sold | $810,000 | 3 | 2 | 1,200 | $675 | 0.1 mi |
C 2735 Mission Village Dr Sold | $850,000 | 4 | 2 | 1,152 | $738 | 0.4 mi |
D 8935 Laddie Ln Sold | $910,000 | 3 | 2 | 1,053 | $864 | 0.6 mi |
E 2564 Marathon Dr Sold | $800,000 | 3 | 2 | 1,200 | $667 | 0.6 mi |
F 3395 Lockwood Drive Sold | $934,000 | 4 | 2 | 1,298 | $720 | 0.3 mi |
G 8884 Haveteur Sold | $985,000 | 3 | 2 | 1,344 | $733 | 0.8 mi |
H 2615 Kim Pl. Sold | $1,015,000 | 3 | 2 | 1,108 | $916 | 0.6 mi |
I 9563 Larrabee Ave. Pending | $899,000 List Price | 3 | 2 | 1,108 | $811 | 0.7 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 1959, the property is well-maintained but significantly dated. The kitchen features oak cabinetry and tile countertops likely from a 20-30 year old renovation, and the presence of a window AC unit suggests a lack of modern central HVAC. While functional and move-in ready, it requires cosmetic updates and system modernizations.
PROSSTRENGTHS & OPPORTUNITIES
- RV and Boat Parking
The property features a dedicated side yard specifically for RV or boat parking, a rare and highly valuable amenity for homeowners with outdoor recreational vehicles.
- Architectural Character
The interior boasts vaulted ceilings and a brick fireplace, providing a sense of volume and charm that elevates the living space beyond a standard mid-century layout.
- Prime Central Location
Situated in the heart of Serra Mesa, the home offers excellent accessibility to major San Diego freeways, shopping, and dining, making it an ideal hub for commuters.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,053 square feet for a three-bedroom, two-bathroom configuration, the interior footprint may feel constrained for families seeking larger communal areas.
- Likely Requires Modernization
The emphasis on the 'opportunity to make it your own' suggests the home may be in original condition and require significant cosmetic or functional updates.
About 9371 Fermi
Welcome to 9371 Fermi Ave, a charming Serra Mesa home offering a spacious layout, abundant natural light, and plenty of opportunity to make it your own. The inviting living and dining areas feature vaulted ceilings and a cozy brick fireplace, creating an open and comfortable space for everyday living and entertaining. The kitchen offers generous cabinetry and storage, while well-proportioned bedrooms provide flexibility for family, guests, or a home office. Step outside to a sizable backyard with a covered patio and ample space to create your ideal outdoor retreat, garden, or entertaining area. An attached two-car garage provides additional storage and convenience. The additional side yard is great for RV or Boat Parking. Centrally located in the heart of San Diego, this home offers easy access to shopping, dining, major freeways, and everything Serra Mesa has to offer. A fantastic opportunity for buyers looking to add their own style and create something special in an established neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 6,000 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 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,053 | 1,777.941 |
| Lot Size | 6,000 | 6,474.445 |
| Price | $825.0K | $1.27M |
| Price per sq ft | $783 | $741 |
| Built year | 1959 | 1971 |
| HOA | $0 | $184 |
| Days on market | 6 | 40 |
Pricing History
Listed for Sale
Sep 3, 2026
$825,000
Initial Listing