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5206 La Paz Drive, San Diego, CA 92114

$1.1M6bd · 3ba · 2,811 sqft
Lot 0 sqft•Single Family Residence•
Active
•21d on market•MLS# 8P-2607678

Property Description

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!

Features & Amenities

FeeBuilt 1952

Property Details

Land Type
Fee
Year Built
1952
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
City
San Diego
Zip Code
92114
County
San Diego
Listed byCompass, David Fletes

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,562.20
Principal & Interest
Loan Amount
$880,000
Total Interest
$1,122,391
Total Payment Over 30 Years
$2,002,391
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

5206 La Paz Drive, San Diego, CA 92114

San Diego · Single Family Residence

$1.1M
Residential Tier
Beds
6
Baths
3
Sqft
2,811
Lot
6,970 sqft
Year
1952
$/Sqft
$391
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 6.9% above the median closed sale of $1,029,000. Price per sqft ($391) is a 17% discount to closed comps ($470).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.10M· $391/sqft
Total list price
Closed comps
vs closed median $1.03M
+$71K (+6.9%)
Active comps
vs active median $1.10M
+$1K (+0.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $723
−$332 (−45.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2334 Division StreetNational City1962431,8885,700$503$949,0003279
305 FNational City1912623,2227,077$341$1.10M11672
4162 Delta StreetSan Diego2000631,6757,246$561$940,0005071
3964 Delta StreetSan Diego1956539285,227$1,239$1.15M24661
6119 BroadwaySan Diego1952321,1300$973$1.10M6760
Total: 5 · Average4.82.61,768.66,312.5$723.4$1.05M102.2
Median1,675$1.10M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
843 Alvin StreetSan Diego195808/05/2026642,8308,700$1.13M$1.08M$3830.9613681
431 Cuyamaca AvenueSan Diego197011/13/2025642,7166,247$979,999$979,999$3611.0011676
911 Angelo DriveNational City195906/08/2026531,8877,405$949,000$955,000$5061.013275
2804 Via VeronaCorona201907/16/2026553,2004,200$1.03M$1.03M$3221.005967
1147 10thSanta Ana195407/01/2026321,5137,735$1.15M$1.18M$7771.023666
Total: 5 · Average5.03.62,429.26,857.4$1.04M$1.04M$469.8—75.8
Median2,716$1.03M$1.03M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.