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425 Bancroft St, San Diego, CA 92102

Sale Price: $818,000
Jun 26, 20241,839 sqft5 beds3 baths
Listed by: Chris Warren
License #: 01227789
Phone #: 619-818-1666
Compass
Source:
CRMLS Logo
MLS #: 240014659SD

Property Description

Lots of potential with this corner lot home that sits on two parcels with 2 APN#'s that total 9,410 Sqft. $25K spent on fresh paint on all doors, ceilings ,and walls inside. New exterior paint as well with new landscaping done in the front. Minor cosmetic needed in the kitchen, bathrooms and flooring. There is a whole 1/2 city block to park cars or build units . On the L side of the house there is a private driveway with a gate to park 1 car on as well. The Zone is RM-1-1, you can easily add a duplex utilizing the ADU regulation off J Street. You also have the ability to add a 4th unit, but it would need to be constructed over the existing home. If you constructed an ADU over the existing house and a detached duplex along J Street this would provide a total of 4 rentable units, however, 1 of the new ADU's within the detached duplex would need to be an Affordable ADU for 15-years. If you left the existing home alone and only added an ADU duplex along J Street all 3 units would be market rate units.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,866

TurboHome Estimated Value

$771,200

$419 sqft

High Valuation
$809,760
$440/sqft
Normal Valuation
$771,200
$419/sqft
Low Valuation
$732,640
$398/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$419/sqft$771,200

Neighborhood: Grant Hill

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Comparative Value

$560K

$765K

$800K

$818K

$880K

3552 Ocean View Blvd, San Diego, CA 92113

Sale Price: $560,000

Selected Comparable

3012 Valle Ave, San Diego, CA 92113

Sale Price: $765,000

Selected Comparable

4041 C St, San Diego, CA 92102

Sale Price: $800,000

Selected Comparable

425 Bancroft St, San Diego, CA 92102

List Price: $818,000

Subject Property

425 Bancroft St, San Diego, CA 92102

Sale Price: $818,000

Selected Comparable

1458 Cactusridge St, San Diego, CA 92105

Sale Price: $880,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
425 Bancroft St, San Diego, CA 92102

425 Bancroft St, San Diego, CA 92102

List: $818,000

Listed: 6/26/2024

Area:1,839 sqft
Price/sqft:$445
Beds:5
Baths:3
Year Built:
Lot Size:6,165

Comparable Properties

COMPARABLE
Choose comps
425 Bancroft St, San Diego, CA 92102

425 Bancroft St, San Diego, CA 92102

Sale: $818,000

8/21/20240.00 mi

Area:1,839 sqft
Price/sqft:$445
Beds:5
Baths:3
Year Built:
Weight:24.8%
4041 C St, San Diego, CA 92102

4041 C St, San Diego, CA 92102

Sale: $800,000

9/19/20241.08 mi

Area:2,167 sqft
Price/sqft:$369
Beds:5
Baths:3
Year Built:
Weight:19.2%
3012 Valle Ave, San Diego, CA 92113

3012 Valle Ave, San Diego, CA 92113

Sale: $765,000

3/17/20250.74 mi

Area:1,720 sqft
Price/sqft:$445
Beds:4
Baths:3
Year Built:
Weight:18.9%
1458 Cactusridge St, San Diego, CA 92105

1458 Cactusridge St, San Diego, CA 92105

Sale: $880,000

9/30/20240.81 mi

Area:1,817 sqft
Price/sqft:$484
Beds:4
Baths:3
Year Built:
Weight:18.7%
3552 Ocean View Blvd, San Diego, CA 92113

3552 Ocean View Blvd, San Diego, CA 92113

Sale: $560,000

10/22/20240.70 mi

Area:1,631 sqft
Price/sqft:$343
Beds:5
Baths:2
Year Built:
Weight:18.4%

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