4338 33 rd Place, San Diego, CA 92104
4338 33 rd Place, San Diego, CA 92104
Property Description
PRICE IMPROVEMENT! A rare investment and development opportunity positioned between North Park and Normal Heights, offering immediate livability with significant future potential. Set on an expansive lot, this move-in-ready 2-bedroom, 1-bath bungalow gives the next owner the opportunity to enjoy or utilize the property today while planning for what it could become. The existing home features vaulted ceilings, engineered hardwood flooring, an updated kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, and a private backyard with plenty of space to relax or entertain. What sets this property apart is the opportunity beyond the existing home. Two completed development plan options are available, including a design featuring a detached 1,200 sq. ft. ADU with an attached two-car garage plus a 500 sq. ft. JADU, creating exciting possibilities for future expansion, additional living space, or potential rental income, subject to applicable approvals. Located minutes from North Park’s acclaimed restaurants, breweries, coffee shops, boutiques, Balboa Park, Downtown San Diego, and major freeways, this is an opportunity to secure a property in one of San Diego’s most sought-after urban neighborhoods with the flexibility to maximize its potential over time.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
San Diego · Single Family Residence
Listed 7.1% above the median closed sale of $840,000. Price per sqft ($1,172) is a 15% premium to closed comps ($1,017). Closed comps sold at 102% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 4171 36Th Street | San Diego | 1925 | 2 | 1 | 666 | 3,485 | $1,314 | $875,000 | 107 | 86 |
| 1738 33rd Street | San Diego | 1940 | 2 | 2 | 764 | 9,998 | $1,276 | $975,000 | 32 | 70 |
| 4008 Manzanita Drive | San Diego | 1965 | 3 | 2 | 896 | 6,321 | $865 | $775,000 | 30 | 67 |
| 4547 Contour Blvd | San Diego | 1941 | 2 | 2 | 830 | 6,583 | $1,083 | $899,000 | 74 | 66 |
| 4231 54Th Place | San Diego | 1952 | 2 | 1 | 852 | 0 | $927 | $789,999 | 33 | 66 |
| Total: 5 · Average | 2.2 | 1.6 | 801.6 | 6,596.75 | $1,093 | $862,799.8 | 55.2 | |||
| Median | 830 | $875,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3963 33Rd Street | San Diego | 1930 | 05/01/2026 | 2 | 1 | 768 | 3,920 | $800,000 | $790,000 | $1,029 | 0.99 | 28 | 90 |
| 4154 38th Street | San Diego | 1928 | 09/14/2026 | 2 | 1 | 756 | 3,495 | $795,000 | $795,000 | $1,052 | 1.00 | 31 | 90 |
| 3688 35Th Street | San Diego | 1925 | 08/28/2026 | 2 | 1 | 728 | 4,356 | $799,000 | $840,000 | $1,154 | 1.05 | 30 | 90 |
| 4214 33rd Street | San Diego | 1936 | 07/02/2026 | 2 | 1 | 1,032 | 3,854 | $900,000 | $960,000 | $930 | 1.07 | 30 | 85 |
| 3116 Dwight St. | San Diego | 1925 | 05/01/2026 | 2 | 1 | 914 | 1,306 | $850,000 | $842,000 | $921 | 0.99 | 93 | 82 |
| Total: 5 · Average | 2.0 | 1.0 | 839.6 | 3,386.2 | $845,400 | $845,400 | $1,017.2 | — | 42.4 | ||||
| Median | 768 | $840,000 | $840,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.