4787 Dwight St, San Diego, California 92105, San Diego, - bed, bath
ACTIVE$600,000
4787 Dwight St, San Diego, California 92105
2Beds
1Bath
750Sqft
12,003Lot
Year Built
1901
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250041384SD
Home ConditionTear down
Features
View-
About this home
Investor/Developer Opportunity in City Heights! Rare 0.28 acre lot offering exceptional potential in one of San Diego’s most dynamic and rapidly evolving neighborhoods. Perfect for investors or developers seeking to build multi-units, ADUs, or embark on a custom redevelopment project. Centrally located near shopping, dining, parks, and major freeways for easy access across the city. The expansive, usable outdoor space sets this property apart ideal for creative development or future expansion. Don’t miss this chance to add value in a thriving community. Property sold “As Is.”
Nearby schools
6/10
Marshall Elementary School
Public,•K-5•0.3mi
4/10
Rosa Parks Elementary School
Public,•K-5•0.4mi
3/10
Clark Middle School
Public,•6-8•0.6mi
4/10
Mann Middle School
Public,•6-8•1.1mi
4/10
Crawford High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
10/10/25
Listing
$600,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (63 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 45% |
| Baths | 1 | 1 | 50% |
| Square foot | 750 | 1,044 | 22% |
| Lot Size | 12,003 | 6,326 | 70% |
| Price | $600K | $675K | 22% |
| Price per square foot | $800 | $665 | 72% |
| Built year | 1901 | 9750976 | 2% |
| HOA | |||
| Days on market | 25 | 156 | 2% |
Condition Rating
Tear down
Built in 1901, this property is explicitly marketed as an 'Investor/Developer Opportunity' with the potential to 'build multi-units, ADUs, or embark on a custom redevelopment project.' The listing states it is sold 'As Is' and provides no interior images, which strongly suggests the existing 123-year-old structure is not considered habitable or worth renovating for typical residential use. The value is clearly placed on the expansive lot for redevelopment, indicating the current structure is likely beyond practical repair and intended for demolition.
Pros & Cons
Pros
Significant Development Potential: Explicitly marketed as an 'Investor/Developer Opportunity' with potential for multi-units, ADUs, or custom redevelopment, maximizing land use in a growing area.
Generous Lot Size: A rare 0.28-acre (12,003 sqft) lot provides substantial space for ambitious development projects and future expansion.
Prime Central Location: Situated in City Heights, a dynamic and rapidly evolving neighborhood, offering excellent access to shopping, dining, parks, and major freeways.
Thriving Community & Market: Located in a 'thriving community' with strong growth potential, suggesting high demand and value appreciation for new developments.
Expansive Usable Outdoor Space: The large, usable outdoor area is ideal for creative development, landscaping, or future expansion beyond the existing structure.
Cons
As-Is Sale Condition: The property is sold 'As Is,' implying potential for significant hidden costs, necessary repairs, or upgrades that will add to the overall investment.
Advanced Age of Structure: Built in 1901, the existing 750 sqft dwelling is very old, likely requiring extensive renovation or complete demolition, increasing project complexity and cost.
Limited Existing Livable Space: The current 2-bed, 1-bath, 750 sqft structure is small and outdated, making it unsuitable for immediate occupancy without substantial investment, primarily appealing to developers rather than traditional homebuyers.