962 Hanover Street, San Diego, California 92114, San Diego, 92114 - 4 bed, 2 bath
ACTIVE$725,000
962 Hanover Street, San Diego, California 92114
4Beds
2Baths
1,418Sqft
17,859.6Lot
Price Vs. Estimate
The estimated value ($725,000) is $0 (0%) lower than the list price ($725,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 17859, living area = 1418.
Top Cons:
Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $849,900 to $725,000, which may suggest market resistance or initial overpricing.
Compared to the nearby listings
Price:$725.0K vs avg $765.0K ($-40,000)31%
Size:1,418 sqft vs avg 1,456 sqft46%
Price/sqft:$511 vs avg $52944%
More Insights
Built in 1955 (70 years old).
Condition: The property, built in 1955, is well-maintained but shows significant signs of being outdated. The kitchen features wood cabinets, dark countertops, and a mosaic tile backsplash that appear to be from an older renovation (likely 15-30 years ago), not aligning with current modern styles. The terracotta-style floor tiles in the kitchen and other areas are also dated. Bathrooms, with their dark, large-format tiles, pedestal sink, and glass block window, reflect a style from a similar period. While functional and clean, the home requires minor updates to bring it to contemporary standards. The lack of a mentioned cooling system is also a drawback for a San Diego property.
Year Built
1955
Close
-
List price
$725K
Original List price
$850K
Price/Sqft
$511
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2508885
Home ConditionFair
Features
Good View: City Lights, Neighborhood
Deck
Patio
ViewCity Lights,Neighborhood
About this home
Welcome to 962 Hanover, a well-cared-for residence in the desirable Emerald Hills community—just minutes from Downtown San Diego. This spacious 4-bedroom home offers owned solar for energy efficiency, covered parking, and plenty of storage throughout. Set on a generous R-2 zoned lot with favorable potential, the property offers the opportunity to add an ADU. From the main home, enjoy beautiful views of the San Diego skyline, while the flexible floor plan provides both comfort and functionality. With its blend of convenience, efficiency, and possibility, this home is a rare find in a prime location close to freeways, shopping, and the vibrant urban core. Blending convenience with versatility, this home is ideally located near freeways, shopping, and all that San Diego has to offer. 962 Hanover is ready to welcome its next chapter.
Nearby schools
5/10
Johnson Elementary School
Public,•K-5•0.3mi
4/10
Horton Elementary School
Public,•K-5•0.5mi
5/10
Encanto Elementary School
Public,•K-5•1.2mi
2/10
Millennial Tech Middle School
Public,•6-8•0.5mi
4/10
Bell Middle School
Public,•6-8•3.1mi
4/10
Lincoln High School
Public,•9-12•1.1mi
Condition Rating
Fair
The property, built in 1955, is well-maintained but shows significant signs of being outdated. The kitchen features wood cabinets, dark countertops, and a mosaic tile backsplash that appear to be from an older renovation (likely 15-30 years ago), not aligning with current modern styles. The terracotta-style floor tiles in the kitchen and other areas are also dated. Bathrooms, with their dark, large-format tiles, pedestal sink, and glass block window, reflect a style from a similar period. While functional and clean, the home requires minor updates to bring it to contemporary standards. The lack of a mentioned cooling system is also a drawback for a San Diego property.
Pros & Cons
Pros
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 = 17859, living area = 1418.
ADU Potential & R-2 Zoning: The generous R-2 zoned lot offers favorable potential for adding an Accessory Dwelling Unit (ADU), providing opportunities for rental income or multi-generational living.
Owned Solar System: Equipped with owned solar panels, the property offers significant energy efficiency and reduced utility costs, enhancing its long-term value.
Prime Location & Accessibility: Located in the desirable Emerald Hills community, the home is minutes from Downtown San Diego, freeways, shopping, and the vibrant urban core, offering excellent convenience.
San Diego Skyline Views: Enjoy beautiful views of the San Diego skyline from the main home, adding significant aesthetic appeal and desirability.
Spacious Lot Size: The property sits on a substantial 17,859.6 sqft lot, providing ample outdoor space and supporting the ADU development potential.
Cons
Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $849,900 to $725,000, which may suggest market resistance or initial overpricing.
Age of Property: Built in 1955, while described as 'well-cared-for,' the age of the home implies that core systems (plumbing, electrical, HVAC) may be original or older, potentially requiring future updates.
Lack of Mentioned Cooling System: The description highlights energy efficiency with solar but does not mention a cooling system (e.g., air conditioning), which could be a drawback in San Diego's warmer months.