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7427 Margerum Ave, San Diego, California 92120, San Diego, 92120 - 4 bed, 3 bath

7427 Margerum Ave, San Diego, California 92120 home-pic-0
ACTIVE$1,249,999
7427 Margerum Ave, San Diego, California 92120
4Beds
3Baths
2,032Sqft
11,300Lot
Year Built
1966
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$615
HOA
-
Days on market
-
Sold On
-
MLS number
250045255SD
Home ConditionExcellent
Features
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 5 Cons,6 Pros. Rank: price - $1.25M(60th), sqft - 2032(67th), beds - 4(51th), baths - 3(61th).

Welcome to this beautifully remodeled 4-bedroom 3-bath home, offering modern upgrades, expansive outdoor space, and a versatile ADU—perfect for multigenerational living, guests, or rental income. Step inside to discover brand-new white oak flooring that flows throughout the main living areas and bedrooms, creating a warm and inviting atmosphere. The updated kitchen features sleek stainless steel appliances and ample counter space, making it ideal for cooking and entertaining. Comfort is ensured year-round with a newly installed HVAC system. The property sits on an impressive 12,000 sq ft lot, offering endless possibilities—gardening, outdoor entertaining, space for RV parking, or future expansion. Located in Del Cerro known for its excellent school system, this home offers added value for families seeking top-tier education.With its blend of style, comfort, and functionality, this turnkey home is a rare find. Don’t miss the chance to make it yours!

Price History

Date
Event
Price
12/05/25
Listing
$1,249,999
11/03/25
Sold
$899,500
11/03/25
Sold
$835,000
03/27/97
Sold
$179,000
Condition Rating
Excellent
This property has undergone an extensive and high-quality modern renovation, as explicitly stated in the description and clearly visible in the images. Key features include brand-new white oak flooring throughout, a fully updated kitchen with sleek white shaker cabinets, quartz countertops, and stainless steel appliances, and completely remodeled bathrooms featuring modern vanities, gold-tone fixtures, and stylish tile work. A newly installed HVAC system further enhances its 'like-new' condition. Despite the 1966 build year, the comprehensive and recent upgrades align perfectly with the 'extensively renovated within 5 years' criteria for an excellent rating, making it a truly turnkey home.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11300, living area = 2032.
Versatile ADU: The property includes a versatile Accessory Dwelling Unit (ADU), ideal for multigenerational living, guest accommodation, or generating rental income, significantly enhancing its value and utility.
Extensive Modern Remodel: This home has undergone a beautiful and extensive remodel, featuring brand-new white oak flooring, an updated kitchen with sleek stainless steel appliances, and modern upgrades throughout, offering a turnkey living experience.
Large & Expansive Lot: Sitting on an impressive 12,000 sq ft lot, the property provides ample outdoor space for gardening, entertaining, RV parking, or future expansion, a significant asset in the San Diego market.
Newly Installed HVAC System: Comfort is ensured year-round with a newly installed HVAC system, providing modern climate control and reducing immediate maintenance concerns for a buyer.
Desirable Location & Schools: Located in the sought-after Del Cerro neighborhood, known for its excellent school system, this home offers added value for families prioritizing top-tier education and a reputable community.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2032, other record living area = 1632. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Recently Sold Property: The property was recently sold within the past year on 2025-11-03. The sold price is $899,500.00. The property was recently sold within the past year on 2025-11-03. The sold price is $835,000.00.
Age of Original Structure: Despite extensive remodels, the home was originally built in 1966, which may imply older underlying infrastructure (e.g., plumbing, electrical, foundation) that could require future attention or upgrades not covered by the recent renovations.
Undeveloped Outdoor Space: While the lot is large, the description highlights its potential for expansion and activities but does not detail existing developed outdoor amenities, suggesting a buyer may need to invest in significant landscaping or hardscaping to fully utilize the expansive space.
Lot Size Discrepancy: The property description states an 'impressive 12,000 sq ft lot,' however, the provided `lot_size` data indicates 11,300 sq ft, a minor inconsistency that could warrant clarification during due diligence.

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