425 Bancroft Street, San Diego, California 92102, San Diego, - bed, bath
ACTIVE$849,000
425 Bancroft Street, San Diego, California 92102
5Beds
3Baths
1,839Sqft
4,978Lot
Year Built
1970
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25189972
Home ConditionGood
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
Spacious, move-in ready, and delivered with Approved Plans for a Junior ADU - 425 Bancroft offers unique versatility and value. The Approved Plans provide an exciting opportunity to reconfigure the existing layout into a 4 bed, 3 bath, ~1,500 sqft main residence with an attached ~350 sqft 1Bed, 1Bath Junior ADU - perfect for multi-generational living, private rental unit, or income-producing investment. Recent upgrades include a sparkling kitchen, fresh interior paint, and new flooring throughout, while the exterior grounds feature new fencing, a covered patio, and off-alley driveway parking. This property delivers great value now and major upside ahead - with multiple options to create your ideal primary home or maximize its income-producing potential.
Nearby schools
3/10
Kimbrough Elementary School
Public,•K-5•0.5mi
4/10
Rodriguez Elementary School
Public,•K-5•0.9mi
3/10
Burbank Elementary School
Public,•K-5•1.1mi
3/10
Emerson/Bandini Elementary School
Public,•K-6•1.1mi
7/10
Rowan Elementary School
Public,•K-5•1.1mi
5/10
Sherman Elementary School
Public,•K-5•1.2mi
4/10
Baker Elementary School
Public,•K-5•1.3mi
7/10
Chollas/Mead Elementary School
Public,•K-5•1.5mi
3/10
Chavez Elementary School
Public,•K-5•1.6mi
5/10
Balboa Elementary School
Public,•K-5•1.9mi
3/10
Porter Elementary School
Public,•K-6•2.1mi
4/10
Rancho de la Nacion School
Public,•K-6•2.5mi
4/10
El Toyon Elementary School
Public,•K-6•2.5mi
5/10
Central Elementary School
Public,•K-6•2.7mi
4/10
Golden Hill K-8
Public,•K-8•0.6mi
4/10
Logan K-8
Public,•K-8•0.8mi
3/10
Memorial Scholars & Athletes School
Public,•6-8•1.0mi
3/10
Perkins Elementary School
Public,•K-8•1.6mi
2/10
Knox Middle
Public,•6-8•2.2mi
5/10
Roosevelt International Middle School
Public,•6-8•2.5mi
3/10
Clark Middle School
Public,•6-8•2.5mi
4/10
National City Middle School
Public,•7-8•3.2mi
4/10
Granger Junior High School
Public,•7-9•3.9mi
4/10
Lincoln High School
Public,•9-12•1.9mi
5/10
Hoover High School
Public,•9-12•3.5mi
5/10
Sweetwater High School
Public,•9-12•3.9mi
4/10
Crawford High School
Public,•9-12•4.0mi
Price History
Date
Event
Price
10/24/25
Listing
$849,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (53 Listings) | |
|---|---|---|---|
| Beds | 5 | 3 | 93% |
| Baths | 3 | 2 | 78% |
| Square foot | 1,839 | 1,284 | 85% |
| Lot Size | 4,978 | 6,101 | 26% |
| Price | $849K | $867K | 50% |
| Price per square foot | $462 | $723.5 | 11% |
| Built year | 1970 | 9755976 | 78% |
| HOA | |||
| Days on market | 12 | 137 | 2% |
Condition Rating
Good
Built in 1970, this property has undergone significant recent renovations, making it move-in ready. The kitchen is 'sparkling' with modern white shaker cabinets, stainless steel appliances, and new countertops. New laminate wood flooring and fresh interior paint are present throughout. The bathroom is updated with a tiled tub/shower and a modern vanity, though the tile style is functional and clean rather than cutting-edge contemporary. While many components are new or virtually new, the property's age and the lack of explicit mention of all major system replacements (HVAC, electrical, plumbing) prevent it from reaching an 'Excellent' score. However, it is clearly well-maintained and presents very well.
Pros & Cons
Pros
Approved Junior ADU Plans: The property comes with approved plans for a Junior ADU, offering significant value addition, income generation potential, or flexible multi-generational living options.
Extensive Recent Upgrades: Recent renovations include a sparkling kitchen, new flooring, fresh interior paint, new fencing, and a covered patio, enhancing immediate livability and aesthetic appeal.
Move-in Ready Condition: Described as move-in ready, the property minimizes immediate buyer effort and renovation costs, allowing for quick occupancy.
Income-Producing Potential: The approved ADU plans provide a clear and tangible opportunity for generating rental income, boosting the property's investment appeal.
Practical Off-Alley Parking: The inclusion of off-alley driveway parking is a valuable and convenient amenity, especially in an urban residential setting.
Cons
Required Renovation for ADU Realization: While ADU plans are approved, the buyer will need to undertake the construction and reconfiguration to fully realize the ADU's potential, incurring additional costs and project management.
Older Core Structure (1970): Despite recent cosmetic upgrades, the property's original construction year (1970) suggests that major systems (e.g., plumbing, electrical, HVAC) may be older and could require future maintenance or upgrades not covered by current renovations.
No Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a comfort concern for buyers during warmer periods in San Diego.