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$750,000 Sale Pending
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Property Description
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!
Full Property Details
Full Property Details for 5289 Velma
General
- Price: $750,000
- Status: Pending
- Type: Single Family
- Source: MRMLS
- MLS ID: PTP2603565
- Updated: 6/6/2026
- Added to Site: 61 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Laundry, Kitchen, Living Room, Main Floor Bedroom
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Gas Dryer Hookup, Washer Included, Dryer Included
Additional Information
- Pool Description: None
Exterior
- Deck/Patio: Patio, Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Garage (Direct Access)
Location
- County: San Diego
- Driving 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.
School Information
- School District: San Diego Unified
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: Ground level
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,680
- Sq. Ft. Source: Assessor
- Year Built: 1958
- Year Built Source: Assessor
Unit Information
- Units in Complex: 1
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,100
- Lot Size Source: Assessor
- Zoning: R-1:SINGLE FAM-RES
- Lot Description: Sloped Down, Front Yard, Back Yard, Yard
Financial Considerations
- Price Per Sq. Ft.: $446.43
Disclosures and Reports
- Special Conditions: Standard
Listed by eXp Realty of California, Inc., Ricardo Alvarez-Malo
Get Pre-Approved Today
Schools
Schools serving 5289 Velma
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Valencia Park Elementary School, San Diego, CA 5880 Skyline Drive, San Diego, CA 92114 | K-5 | 0.6 mi |
Knox Middle 1098 South 49th Street, San Diego, CA 92113 | 6-8 | 0.7 mi |
Lincoln High School 4777 Imperial Avenue, San Diego, CA 92113 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5289 Velma
Date
Details
Price
Change
Source
5/14/2026
Listed
$750,000
0.13%
MLS
2/26/2025
Sold
$749,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5289 Velma
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,569
—
$459,588
2%
2024
$5,569
2%
$450,577
2%
2023
$5,445
3%
$441,743
2%
2022
$5,301
1%
$433,083
2%
2021
$5,265
1%
$424,592
1%
2020
$5,201
30%
$420,239
27%
2019
$4,008
5%
$329,670
2%
2018
$3,829
2%
$323,207
2%
2017
$3,738
2%
$316,871
2%
2016
$3,678
1%
$310,659
2%
2015
$3,624
55%
$305,993
56%
2014
$2,340
7%
$195,885
3%
2013
$2,196
—
$190,097
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5289 Velma
5289 Velma, San Diego, CA 92114 (MLS# PTP2603565) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5289 Velma is currently listed for $750,000 and was received on May 14, 2026. Want to learn more about 5289 Velma? Do you have questions about finding other Single Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.

