1278 Pacific Beach 3, San Diego, California 92109, San Diego, 92109 - 2 bed, 2 bath
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San Diego, California 92109
This Turnkey Coastal Condo represents a Strong Value Opportunity, listed at $949,900—positioned well below the $1,024,912 Fair Market Value by 7%. This valuation gap provides $75,012 in Instant Equity. Featuring a Condition Rating of 2, the unit boasts a fully renovated kitchen, luxury vinyl plank flooring, and a rooftop deck with ocean views. With unrestricted short-term rental potential and rare dual parking, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium Pacific Beach lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1278 Pacific Beach 3 Subject | $949,900* List Price | 2 | 2 | 1,032 | $993 | - |
A 1251 Parker Pl 2d Sold | $970,000 | 2 | 2 | 980 | $990 | 0.1 mi |
B 4007 Everts Street 4d Sold | $1,002,500 | 2 | 2 | 989 | $1,014 | 0.1 mi |
C 4013 Crown Point Dr 2 Sold | $993,000 | 2 | 2 | 913 | $1,088 | 0.8 mi |
D 3888 Riviera Dr 206 Sold | $1,155,000 | 2 | 2 | 1,039 | $1,112 | 0.3 mi |
E 1235 Parker Place 2h Sold | $1,130,000 | 3 | 2 | 1,136 | $995 | 0.1 mi |
F 1548 Thomas Ave 6 Sold | $899,000 | 2 | 2 | 1,132 | $794 | 0.4 mi |
G 1225 Pacific Beach Drive 2e Active | $1,049,000 List Price | 2 | 2 | 981 | $1,069 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last 5 years, featuring a fully updated kitchen with white oak cabinetry and quartz countertops, modernized bathrooms with new fixtures and tiling, new luxury vinyl plank flooring, new dual-pane windows, and updated electric wall heaters.
Elementary School: Bird Rock Elementary School (10/10).
The property includes two dedicated parking spots, including a rare one-car garage, and is elevator-served, providing a significant competitive advantage in the high-density Pacific Beach market.
With short-term rentals currently unrestricted by the HOA and a prime location blocks from the beach, this unit offers excellent versatility for investors or vacation home buyers.
The property was recently sold within the past year on 2025-12-17. The sold price is $740,000.00.
The unit relies on electric wall heaters and ceiling fans rather than a central HVAC system, which may be a drawback for some buyers during warmer summer months.
While the communal rooftop deck offers ocean peeks, the unit itself is listed as having no primary view, which may impact its appeal compared to other coastal listings.
Dwell West proudly presents this beautifully renovated, elevator-served, 2nd floor Pacific Beach condo. Ideally located just blocks from the sand, this move-in ready unit also has TWO dedicated parking spots - including a 1-car garage; a rare find in Pacific Beach. This is a perfect opportunity for a primary residence, vacation getaway, or investment property. Short-term rentals are currently unrestricted by the HOA! Inside, you’ll find in-unit laundry, fresh interior paint, new luxury vinyl plank flooring throughout, updated doors and hardware, mirrored closet doors in the bedrooms, and all-new lighting including recessed can lighting, modern fixtures, and ceiling fans. The home also features new dual-pane windows, and three new electric wall heaters. The fully renovated kitchen showcases white oak shaker cabinetry, quartz countertops, a new sink and fixtures, stainless steel appliances, and a garbage disposal—designed for both style and functionality. The spacious primary suite features an upgraded bathroom with a new vanity, modern fixtures, and a beautifully tiled walk-in shower. The secondary bathroom has also been fully refreshed with a new vanity, upgraded fixtures, and a new acrylic shower/tub combination. Located in an 8-unit gated and self-managed building, the property offers privacy and a close-knit community feel. Head-up to the rooftop deck to take in unforgettable sunsets, peek ocean views, and front-row seats to SeaWorld's summer fireworks. A rare opportunity to own a freshly updated coastal retreat in one of San Diego’s most sought-after beach communities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,032 | 1,009 | 51% |
| Lot Size | 5,740 | 1,127.185 | 60% |
| Price | $949.9K | $913.1K | 51% |
| Price per sq ft | $920 | $868 | 56% |
| Built year | 1974 | 1975 | 33% |
| HOA | $500.0 | $500 | 50% |
| Days on market | 9 | 142 | 11% |
May 28, 2026
$949,900
Initial Listing
Dec 17, 2025
$740,000
Public Record
Mar 29, 2002
$282,500
Public Record