For Sale: 5289 Velma, San Diego, CA 92114. 4-bedroom 2-bath, 1680 sf, 1958 Valencia Park $750,000 begin new search
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Overview

Introducing a rare opportunity: this inviting home features a fully separate living space, perfect for rental income or multigenerational living. As you step inside, the possibilities unfold. Upstairs, the main level offers three comfortable bedrooms, a bright and inviting kitchen, a spacious living and dining area, all opening to a large deck with serene backyard views, ideal for relaxing or entertaining. Downstairs, a private, fully equipped living suite includes a bedroom, en suite bath, separate living areas, its own laundry, and a private entrance to the backyard. Each level has its own laundry room, adding convenience and flexibility. This is a rare find at this price. Centrally located for easy commuting to Naval bases, the airport, Balboa Park, downtown San Diego, and South Bay. This home also offers a mini-split HVAC system, a water softener, an oversized one-car garage, and a spacious backyard with potential for an ADU. Recent updates include a new front door, a security gate, and newer flooring on the upper level. Don’t miss this exceptional value. Schedule your tour today!

Address 5289 Velma

San Diego, CA 92114
Listing Status Active
Asking Price $750,000
Original Listing $750,000 @ 2026-05-14
Rooms
Walk-In Closet, Laundry, Kitchen, Living Room, Main Floor Bedroom
Square Footage 1680 sf
Bedrooms 4
Full Bathrooms 2
Location
Directions East on Churchward Street, right on San Jacinto Dr., turn right onto Las Animas Way, left onto Velma Terrace. The house will be on your left.
Market Area 92114 - Encanto
Neighborhood Valencia Park
School District Not Listed
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee $0
HOA Fee $0
HOA Features Sidewalks
Public Records
County San Diego
Assessor Parcel# 5483020900
Zoning R-1:SINGLE FAM-RES
Exterior
Style Single Family Residence
Material Balcony
Lot Size ~ 6,100 sf
Fencing Not Listed
Topography Not Listed
Entry Steps 2
Swimming Pool None
Patio Patio, Deck
Exclusive Yard 0
Parking
Direct Garage Access
Total Spaces: 3
Garage Spaces: 1
Non-Garage Spaces: 0 - 2.00
View Neighborhood
Features
Year Built 1958 (source: Assessor)
Laundry Location Inside,Gas Dryer Hookup,Washer Included,Dryer Included
Elevator Not Listed
Cooling Ductless
Heating Forced Air
Sewer/Septic Public Sewer
Fireplaces None (0)
Additional Parcels No
Appliances No
Assessments Yes
Association No
Association Fee 2 0
Attached Garage Yes
Below Grade Finished Area 0
Carport Spaces 0
Common Walls No Common Walls
Cooling Yes
Entry Location Ground level
Exclusions Upstairs washer/dryer do not convey
Heating Yes
High School District San Diego Unified
Land Lease No
Laundry Yes
Levels Two
Living Area Source Assessor
Lot Features Sloped Down, Front Yard, Back Yard, Yard
Lot Size Source Assessor
Lot Size Units Square Feet
Main Level Bathrooms 1
Main Level Bedrooms 3
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking Yes
Patio Yes
Pool Private No
Property Attached No
Sprinklers No
Tax Model
View Yes
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Property Tax estimate of 1% of listing price does not include local voter-approved bonds/assessments, supplemental taxes for new construction or ownership changes, extra local fees, etc.
Listing Source
Platform CRMLS
AOR Pacific Southwest
MLS Number PTP2603565
Courtesy of eXp Realty of California, Inc.
Listing Agent Ricardo Alvarez-Malo
760-258-6862