4731 -33 Austin Drive, San Diego, California 92115, San Diego, 92115 - 4 bed, 4 bath

4731 -33 Austin Drive, San Diego, California 92115 home-pic-0
ACTIVE$1,395,000
4731 -33 Austin Drive, San Diego, California 92115
4Beds
4Baths
1,609Sqft
5,500Lot

Price Vs. Estimate

The estimated value ($1,305,262.335) is $89,737.665 (6%) lower than the list price ($1,395,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Income Potential: The property currently generates $6,200/month from the main house and a permitted JADU, offering significant rental income and investment value.
Top Cons:
Requires Cosmetic Updates: The property description notes a need for 'a little cosmetic updating and personal touch' to transform it, indicating it may not be fully move-in ready for modern aesthetics.

Compared to the nearby listings

Price:$1.40M vs avg $927.5K (+$467,500)85%
Size:1,609 sqft vs avg 1,376 sqft69%
Price/sqft:$867 vs avg $69580%

More Insights

Built in 1951 (74 years old).
Condition: Built in 1951, this property shows signs of being an older home that has received some updates, but not a comprehensive modern renovation. The description explicitly states it needs 'a little cosmetic updating and personal touch.' While some flooring appears to be updated (dark laminate, grey tile), other features like the ceiling fans, exposed beam ceiling, and mirrored closet doors suggest an older aesthetic. The absence of clear kitchen and bathroom photos makes a definitive assessment of those key areas difficult, but based on the visible elements, the property is functional and maintained for rental, yet outdated in style and features, aligning with the 'fair' condition criteria.
Year Built
1951
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$867
HOA
-
Days on market
-
Sold On
-
MLS number
PW25100585
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Great Opportunity for Large Families or Income Generation! Welcome to this fantastic opportunity to own a versatile home in the quiet, well-established community of San Diego — just minutes from SDSU, local shops, popular restaurants, cafes, and more! This property features a main home at 4731 with 3 bedrooms and 3 bathrooms, plus a permitted JADU (Junior Accessory Dwelling Unit) at 4733, offering additional living space with 1 bedroom, 1 bathroom, a full kitchen, and a cozy living room — all with its own private entrance and address. The home is currently in rental condition and occupied by wonderful tenants, making it a perfect investment opportunity. The main house is currently generating $4,200/month, and the JADU is bringing in $2,000/month in rental income — providing excellent flexibility and long-term value. Leased solar panels help keep energy costs low. The lot offers ample space with the potential to add a new 600–800 sq ft ADU, if desired — making it ideal for expansion, multi-generational living, or maximizing rental income. Whether you're looking to offset your mortgage, create a private home office, or provide comfortable space for family and guests, this home delivers unmatched versatility. With just a little cosmetic updating and personal touch, it can easily be transformed into a true gem. Conveniently located near shopping, dining, SDSU, and more! Please note that some of the photos were taken prior to the tenants moving in, to give you an idea of how the rooms look with updated touches and arrangements

Nearby schools

8/10
Hardy Elementary School
Public,K-50.5mi
3/10
Fay Elementary School
Public,K-50.9mi
5/10
Clay Elementary School
Public,K-51.3mi
4/10
Mann Middle School
Public,6-80.5mi
8/10
Lewis Middle School
Public,6-82.2mi
4/10
Crawford High School
Public,9-120.8mi
8/10
Patrick Henry High School
Public,9-122.8mi
Condition Rating
Fair

Built in 1951, this property shows signs of being an older home that has received some updates, but not a comprehensive modern renovation. The description explicitly states it needs 'a little cosmetic updating and personal touch.' While some flooring appears to be updated (dark laminate, grey tile), other features like the ceiling fans, exposed beam ceiling, and mirrored closet doors suggest an older aesthetic. The absence of clear kitchen and bathroom photos makes a definitive assessment of those key areas difficult, but based on the visible elements, the property is functional and maintained for rental, yet outdated in style and features, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Strong Income Potential: The property currently generates $6,200/month from the main house and a permitted JADU, offering significant rental income and investment value.
Exceptional Versatility: Features a main house and a separate JADU with its own entrance and amenities, ideal for multi-generational living, additional rental income, or a private home office.
Prime Location: Situated in a quiet, established community, minutes from SDSU, local shops, popular restaurants, and cafes, enhancing desirability and convenience.
Future Expansion Opportunity: The ample lot offers potential to add an additional 600-800 sq ft ADU, providing significant future value and utility.
Energy Cost Savings: Equipped with leased solar panels, which contribute to lower energy expenses for residents, adding to its financial appeal.

Cons

Requires Cosmetic Updates: The property description notes a need for 'a little cosmetic updating and personal touch' to transform it, indicating it may not be fully move-in ready for modern aesthetics.
Tenant Occupancy & Photo Discrepancy: Currently tenant-occupied, and some photos were taken prior to occupancy, which may limit showing flexibility and potentially misrepresent the current aesthetic condition.
Age of Property: Built in 1951, the property's age may imply potential for older systems or maintenance requirements compared to newer constructions.

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