1370 Wyconda Way, San Diego, California 92113, San Diego, - bed, bath
ACTIVE$550,000
1370 Wyconda Way, San Diego, California 92113
4Beds
2Baths
1,345Sqft
5,500Lot
Year Built
1973
Close
-
List price
$550K
Original List price
$650K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250039818SD
Home ConditionPoor
Features
View-
About this home
INVESTOR SPECIAL – FIXER OPPORTUNITY IN LINCOLN PARK! Bring your vision and tools to unlock the potential of this diamond in the rough, located on a quiet street in Lincoln Park. This 4-bedroom, 2-bath home is ideal for investors, flippers, or savvy buyers looking for a project. Featuring a newer roof (2017), tankless water heater (2023), a furnace (2024), and a spacious enclosed patio room addition, this property offers a solid foundation to build on. The direct-access 2-car garage adds everyday convenience. Cash only. NO VA, FHA or conventional financing.
Price History
Date
Event
Price
10/30/25
Price Change
$550,000
09/25/25
Listing
$650,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (50 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 75% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,345 | 1,104 | 67% |
| Lot Size | 5,500 | 5,200 | 59% |
| Price | $550K | $675K | 16% |
| Price per square foot | $409 | $590 | 8% |
| Built year | 1973 | 1956 | 63% |
| HOA | |||
| Days on market | 41 | 171 | 4% |
Condition Rating
Poor
Built in 1973, this property is explicitly marketed as an 'INVESTOR SPECIAL' and 'FIXER OPPORTUNITY,' requiring significant vision and tools. While it benefits from a newer roof (2017), tankless water heater (2023), and furnace (2024), the interior, particularly the kitchen and bathroom, appears very dated and in need of substantial renovation, as evidenced by the images. The 'Cash only. NO VA, FHA or conventional financing' clause strongly indicates that the property's current condition would not meet the requirements for standard financing, aligning with the 'poor' classification which suggests substantial repairs and rehabilitation are needed.
Pros & Cons
Pros
Investor/Fixer Potential: Clearly positioned as an 'INVESTOR SPECIAL' and 'FIXER OPPORTUNITY,' appealing to buyers seeking value-add projects and significant equity growth.
Recent Major System Updates: Key components like the roof (2017), tankless water heater (2023), and furnace (2024) have been recently replaced, reducing immediate capital expenditures for critical systems.
Significant Price Adjustment: A substantial price reduction from $650,000 to $550,000 enhances its attractiveness and potential for a favorable acquisition.
Spacious Enclosed Patio Room: Offers additional versatile living space, increasing the property's functional square footage and potential for various uses.
Convenient 2-Car Direct-Access Garage: Provides practical benefits for parking, storage, and direct home entry, adding everyday convenience.
Cons
Limited Financing Options: The property is restricted to 'Cash only' transactions, explicitly excluding VA, FHA, and conventional financing, which severely narrows the potential buyer pool.
Extensive Renovation Required: Marketed as a 'fixer opportunity' and 'diamond in the rough,' indicating significant investment in time and resources will be necessary to realize its full potential.
Older Property Age: Built in 1973, the home likely requires updates beyond the recently replaced systems, including potential for outdated aesthetics, plumbing, and electrical infrastructure.