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$865,000   Price Analysis
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425 Bancroft St
San Diego, CA 92102
5 bed 3 bath 1,839 SqFt ($470/SqFt)
Built 1970
Listed 2024-04-22, Taxes $3,094
Ⓧ USDA Ineligible
due to price & location

near South Park

Lots of potential with this home on a huge 9

410 Sqft lot! Fresh paint inside and outside as well with new landscaping done in the front. Needs new kitchen, bathrooms and flooring and you have an astounding home on a tremendous parcel with HUGE MULTIPLE ADU potential. Here is what you can do below. The Zone is RM-1-1, you can easily add a duplex utilizing the ADU regulation off J Str eet.

You also have the ability to add a 4th unit, but it would need to be constructed over the existing home. If you constructed an ADU over the existing house and a detached duplex along J Street this would provide a total of 4 rentable units, however, 1 of the new ADU's within the detached duplex would need to be an Affordable ADU for 15-years. If you left the existing home alone and added an ADU duplex along J Street ll 3 units would be market rate units.


Presented by Chris Warren at
COMPASS.
Listing Agent Photo

Property MLS #240008644 from SanDiegoMLS

Bedrooms: 5
Primary Bedroom Dimensions: 14 x 12
Bedroom 2 Dimensions: 12 x 12
Bedroom 3 Dimensions: 12 x 12
Bedroom 4 Dimensions: 12 x 12
Bedroom 5 Dimensions: 12 x 12

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

6X11
Dining Room Description: 14X7

Laundry Features: Laundry Location: Inside, Laundry Utilities: Electric, Gas, Gas & Electric Dryer HU

Heating Features: Forced Air Unit
Heating Fuel: Electric

Family Room Dimensions: 16 x 15
Living Room Dimensions: 14 x 12

Fencing: Gate, Partial, Chain Link, Wood

Lot Description: 7, 500-10, 889 SF
Topography: Level

Open Parking Spaces: 1
Parking Features: Auto Driveway Gate
Parking Total: 1

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: ACTIVE
County: San Diego
Source Property Type: RESIDENTIAL
Area: Metro Central
Source Neighborhood: Stockton
Parcel Number: 545-231-12-00
Subdivision: SAN DIEGO
Property Subtype: Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$180,681 + $69,157
$249,838
$3,094
2022$177,139 + $67,801
$244,940
$3,012
2021$173,666 + $66,472
$240,138
$2,991
2020$171,886 + $65,791
$237,677
$2,955
2019$168,516 + $64,501
$233,017
$2,903
2018$165,212 + $63,237
$228,449
$2,715
2017$161,973 + $61,998
$223,971
$2,651
2016$158,798 + $60,783
$219,581
$2,608
2015$156,413 + $59,870
$216,283
$2,569
2014$153,350 + $58,698
$212,048
$2,530
2013$152,657 + $58,433
$211,090
$2,527
2012$149,664 + $57,288
$206,952
$2,330
2010$146,730 + $56,165
$202,895
$2,248
2009$145,980 + $55,879
$201,859
$2,254
2009$145,634 + $55,746
$201,380
$2,254
2008$143,118 + $54,784
$197,902
$2,176
2007$140,312 + $53,710
$194,022
$2,161

Price Changed 2024-05-13
$865,000
SanDiegoMLS
Listed 2024-04-22
$945,000
SanDiegoMLS
Sold 2006-06-29
$480,000
Public Record
Sold 1998-06-10
$105,500
Public Record
Sold 1997-12-30
$105,500
Public Record

Total Square Feet Living: 1839
Year Built: 1970
Building Exterior Type: Stucco
Levels: Stories: 1 Story
Property Age: 54
Roof: Composition
Levels or Stories: 1

Sewer: Sewer Connected
Water Source: Water: Meter on Property

Other Equipment: Equipment: Gas Cooking

Rodriguez Elementary School is a public elementary school located approximately 0.9 miles away.
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Nativity Prep Academy is a private middle school located approximately 0.1 miles away.
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King-Chavez Preparatory Academy is a public middle school located approximately 0.4 miles away.
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San Diego Continuing Education is a public elementary, middle and high school located approximately 1.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.