
San Diego, California 92123
This Renovated Single Family Residence is a Strong Value Opportunity, listed at $1,099,999—positioned well below the $1,175,942 Fair Market Value by 6%. This valuation gap offers $75,943 in Instant Equity. Featuring a Condition Rating of 2, the home includes a modern kitchen, pool, and a versatile converted garage. Its history of short-term rental use provides immediate income potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with flexible living space.
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 | $692 | - |
A 2828 Mission Village Sold | $1,099,000 | 4 | 3 | 1,870 | $588 | 0.4 mi |
B 2581 Mammoth Drive Sold | $1,214,000 | 3 | 3 | 1,966 | $617 | 0.2 mi |
C 2779 Amulet Street Sold | $1,180,000 | 4 | 3 | 1,640 | $720 | 0.4 mi |
D 9466 Larrabee Avenue Sold | $1,060,000 | 3 | 2 | 1,297 | $817 | 0.0 mi |
E 3457 Angwin Drive Sold | $1,079,000 | 5 | 2 | 1,612 | $669 | 0.9 mi |
F 2649 Palace Sold | $932,500 | 3 | 2 | 1,200 | $777 | 0.1 mi |
G 2949 Mobley St. Sold | $1,105,000 | 4 | 3 | 1,834 | $603 | 0.9 mi |
H 9162 Fermi Ave. Sold | $1,091,250 | 3 | 2 | 1,450 | $753 | 0.7 mi |
I 9258 Rebecca Pending | $1,199,900 List Price | 4 | 2 | 1,620 | $741 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features mint-condition finishes including large-format tile flooring, recessed lighting throughout, a contemporary kitchen with white shaker cabinets and stainless steel appliances, and updated living spaces, making it fully move-in ready.
The converted garage significantly expands the functional square footage, providing a flexible layout suitable for a fourth bedroom, home office, or guest suite.
The inclusion of a private backyard pool enhances the property's appeal for indoor-outdoor living and provides a premium feature for the San Diego climate.
With a documented history as a short-term rental, the property offers immediate value for investors or owner-occupants looking for supplemental income opportunities.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 1108. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The garage conversion eliminates traditional covered and secure vehicle storage, which may be a deterrent for buyers prioritizing garage space over additional interior rooms.
Built in 1960, the property may require more frequent maintenance or updates to core systems compared to newer residential developments in the area.
Beautifully updated San Diego home featuring a versatile floor plan and excellent indoor-outdoor living. The property includes a spacious layout with a converted garage offering additional living space, ideal for a bedroom, office, or bonus room. Enjoy a private backyard with a pool, perfect for entertaining or relaxing year-round. The home also offers covered driveway parking and convenient access to major freeways, shopping, and dining. This property presents strong potential for both owner-occupants, with prior short-term rental use and income-generating possibilities. A great opportunity to own a well-located home with flexible living space in one of San Diego’s most desirable areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,700 | 1,777.941 |
| Lot Size | 6,534 | 6,474.445 |
| Price | $1.10M | $1.27M |
| Price per sq ft | $647 | $741 |
| Built year | 1960 | 1971 |
| HOA | $0 | $184 |
| Days on market | 20 | 40 |
Aug 20, 2026
$1,099,999
Initial Listing
Jan 16, 2024
$940,000
Public Record
Jul 10, 1997
$25,000
Public Record