866 Merlin Dr, San Diego, California 92114, San Diego, 92114 - 3 bed, 1 bath
ACTIVE$535,000
866 Merlin Dr, San Diego, California 92114
3Beds
1Bath
1,190Sqft
5,900Lot
Year Built
1952
Close
-
List price
$535K
Original List price
$535K
Price/Sqft
$450
HOA
-
Days on market
-
Sold On
-
MLS number
250043921SD
Home ConditionPoor
Features
View-
About this home
Great Deal:The estimated price is 3% above the list price. We found 3 Cons,5 Pros. Rank: price - $535.0K(1th), sqft - 1190(28th), beds - 3(50th), baths - 1(12th).
First time on the market in 40 years! Investor special. This 3-bedroom, 2-bath home offers solid bones, a generous lot, and excellent ADU potential. The property needs TLC and updating, making it ideal for investors, flippers, or anyone looking to add value. Located in a well-established neighborhood with convenient access to schools, parks, and major freeways. A rare opportunity to transform a long-held property with plenty of upside.
Price History
Date
Event
Price
11/13/25
Listing
$535,000
Condition Rating
Poor
Built in 1952 and on the market for the first time in 40 years, this property is explicitly described as needing 'TLC and updating.' The images confirm this, showing extremely worn and stained carpets, bare and cracked concrete floors, and outdated interior finishes. While the listing mentions 'solid bones,' the visible condition of the interiors, coupled with the age of the property and lack of recent renovations, indicates that substantial repairs and rehabilitation are required, especially for the kitchen and bathrooms (though not pictured, they are highly likely to be in similar or worse condition given the rest of the house). This aligns with the 'Poor' condition criteria.
Pros & Cons
Pros
Significant Value-Add Potential: Explicitly marketed as an 'investor special' with 'plenty of upside,' this property offers substantial opportunity for value appreciation through renovation and modernization.
ADU Development Opportunity: The property boasts 'excellent ADU potential' supported by a generous lot size, allowing for increased living space or rental income.
Generous Lot Size: A 5900 sqft lot provides ample outdoor space, supports ADU development, and offers flexibility for landscaping or expansion.
Established Neighborhood & Accessibility: Located in a well-established neighborhood with convenient access to schools, parks, and major freeways, enhancing its long-term appeal.
Solid Structural Foundation: Described as having 'solid bones,' suggesting a good underlying structure that can withstand renovation, reducing risk for major overhauls.
Cons
Extensive Renovation Required: The property 'needs TLC and updating,' indicating a significant financial and time investment will be necessary to bring it to modern standards.
Outdated Systems & Finishes: Built in 1952, the home likely features original or aged electrical, plumbing, and HVAC systems, along with outdated finishes, requiring comprehensive replacement.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may not meet the needs of modern families and could be a significant deterrent for potential buyers.