5123 Lotus St, San Diego, California 92107, San Diego, - bed, bath

home-pic
ACTIVE$950,000
5123 Lotus St, San Diego, California 92107
1Bed
1Bath
384Sqft
1,742.4Lot
Year Built
1937
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250037676SD
Home ConditionFair
Features
Deck
Patio
View

About this home

Welcome to your perfect Ocean Beach bungalow—just a short stroll to Dog Beach, neighborhood cafes, and the laid-back coastal lifestyle OB is famous for. With a private backyard, detached garage, and all the charming beach vibes, this detached home is currently enjoyed as a successful VRBO and is ideal as a vacation retreat, income property, or your own surfside escape. There is room to expand on this lot - zoned R-4.

Nearby schools

10/10
Ocean Beach Elementary School
Public,K-40.6mi
9/10
Silver Gate Elementary School
Public,K-41.4mi
9/10
Sunset View Elementary School
Public,K-42.0mi
7/10
Crown Point Jr Music Academy
Public,K-52.8mi
6/10
Correia Middle School
Public,7-81.1mi
6/10
Dana
Public,5-61.7mi
6/10
Pacific Beach Middle School
Public,6-83.4mi
7/10
Point Loma High School
Public,9-121.6mi
6/10
Mission Bay High School
Public,9-123.6mi

Price History

Date
Event
Price
08/30/25
Listing
$950,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (66 Listings)
Beds13
4%
Baths13
18%
Square foot3841,939
1%
Lot Size1,7427,200
3%
Price$950K$1.81M
3%
Price per square foot$2,474$983
97%
Built year19371953
13%
HOA
Days on market67147
10%
Condition Rating
Fair

The property, built in 1937, is well-maintained and functional, as indicated by its use as a successful VRBO. However, the interior, particularly the kitchen and bedroom, features extensive wood paneling, rustic-style cabinets, and black countertops, which are significantly outdated in terms of style. While some kitchen appliances (range, dishwasher) appear to be newer stainless steel, the overall aesthetic would require substantial cosmetic updates to meet current design preferences. The bathroom was not shown, but it's reasonable to assume it aligns with the dated interior style. The home is aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

Exceptional Coastal Location: Prime location in Ocean Beach, offering a short stroll to Dog Beach, neighborhood cafes, and the vibrant coastal lifestyle.
Proven Income Property & Versatility: Currently a successful VRBO, making it an ideal vacation retreat, income-generating asset, or personal surfside escape.
Development & Expansion Potential: The lot is zoned R-4, indicating room for expansion and potential future development opportunities.
Private Amenities: Features a private backyard and a detached garage, adding significant value and convenience for a coastal property.
Charming Beach Aesthetic: Embodies the desirable 'charming beach vibes' characteristic of an Ocean Beach bungalow, appealing to lifestyle buyers.

Cons

Limited Living Space: With only 384 sqft and 1 bed/1 bath, the property offers very compact living quarters, potentially limiting its appeal to a broader market.
High Price Per Square Foot: The $950,000 list price for a 384 sqft home translates to a very high price per square foot, which may be a barrier for some buyers.
Age of Property: Built in 1937, the property is quite old, which could imply potential for deferred maintenance or the need for system upgrades not explicitly mentioned.

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