9452 Larrabee Avenue, San Diego, California 92123, San Diego, 92123 - 4 bed, 3 bath
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San Diego, California 92123
This Turnkey Income-Producing Asset is listed at $1,099,999, positioned accurately at its $1,099,999 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a modern quartz kitchen, private pool, and private patio following an extensive recent renovation. Currently generating $6,800 in monthly net income with existing tenants, the property offers immediate cash flow within the San Diego Unified district. Its central location and fully furnished status ensure a seamless transition. This is a premier opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9452 Larrabee Avenue Subject | $1,099,999* List Price | 4 | 3 | 1,700 | $647 | - |
A 2640 Larkin Place Sold | $969,950 | 4 | 3 | 1,524 | $636 | 0.8 mi |
B 3425 Angwin Dr Sold | $1,125,000 | 4 | 2 | 1,524 | $738 | 0.9 mi |
C 9245 Ronda Ave Sold | $1,205,000 | 4 | 3 | 2,121 | $568 | 0.4 mi |
D 2910 Amulet Street Sold | $1,115,000 | 3 | 2 | 1,465 | $761 | 0.6 mi |
E 2779 Amulet Street Pending | $1,189,900 List Price | 4 | 3 | 1,640 | $726 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1960, the property has undergone an extensive recent renovation within the last 5 years, meeting the criteria for excellent condition. The interior features a modern open-concept kitchen with quartz countertops, waterfall edges, and stainless steel appliances. Bathrooms have been fully updated with contemporary tile work and new vanities. The home also boasts consistent large-format tile flooring, updated recessed lighting throughout, and a well-maintained private pool area, presenting a completely turnkey investment.
The property is a proven income-generator, currently producing approximately $6,800 in monthly net income with existing tenants who desire to stay, providing immediate ROI.
Offered fully furnished and in turnkey condition, this residence allows for a seamless ownership transition with no additional capital required for furnishing or initial setup.
Situated in a high-demand San Diego hub near major freeways, employment centers, and shopping, the property is well-positioned for long-term appreciation and low vacancy rates.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 6400.
With over 90 days on the market and multiple price reductions from the original list price, the property may be facing buyer resistance or valuation challenges in the current market.
Built in 1960, the property may require more intensive long-term maintenance or updates to major systems compared to newer builds, despite its current turnkey status.
Turnkey income-producing investment opportunity in central San Diego generating strong and stable rental income. The property is currently operating as a long-term rental, producing approximately $6,800 per month in net income. This fully furnished home features a spacious layout with 4 bedrooms and 3 bathrooms, a private pool, and a desirable location close to major freeways, shopping, dining, and employment centers. Being offered fully furnished, the property allows the next owner to continue operating immediately with minimal transition, making it an ideal turnkey investment. With proven rental performance and strong monthly income already in place, this property presents an excellent opportunity for investors seeking immediate cash flow in high-demand San Diego rental market while also benefiting from long-term appreciation potential. All current tenants want to stay.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 1,700 | 1,504 | 69% |
| Lot Size | 6,534 | 6,000 | 71% |
| Price | $1.10M | $1.02M | 69% |
| Price per sq ft | $647 | $682 | 37% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 99 | 179 | 29% |
Apr 15, 2026
$1,099,999
$1,119,000
-2% Price Drop
Initial Listing
Apr 9, 2026
$1,119,000
$1,145,999
-2% Price Drop
Initial Listing
Mar 12, 2026
$1,145,999
$1,149,999
+0% Price Increase
Initial Listing
Jan 13, 2026
$1,149,999
Initial Listing
Jan 16, 2024
$940,000
Public Record
Jul 10, 1997
$25,000
Public Record