1323 Felspar Street, San Diego, California 92109, San Diego, 92109 - 3 bed, 3 bath
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San Diego, California 92109
This Turnkey Coastal Condominium is a Prime Investment Opportunity, listed at $1,825,000—positioned well below the $1,871,301 Fair Market Value by 2%. This valuation gap offers $46,301 in Instant Equity for the buyer. With a Condition Rating of 3, this 2016-built residence features a spacious 2,025 sqft floor plan, EV charger, and coastal views. Located near top-rated schools like Bird Rock Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1323 Felspar Street Subject | $1,825,000* List Price | 3 | 3 | 2,025 | $924 | - |
A 1125 Pacific Beach Dr 204 Sold | $1,564,124 | 3 | 3 | 1,860 | $841 | 0.5 mi |
B 3920 Riviera Drive #u Sold | $1,525,000 | 3 | 2 | 1,423 | $1,072 | 0.7 mi |
C 852 Diamond St Sold | $1,325,000 | 3 | 3 | 1,600 | $828 | 0.5 mi |
D 3957 Lamont St Sold | $1,430,000 | 2 | 3 | 1,439 | $994 | 0.9 mi |
E 3822 Sequoia St Active | $1,999,999 List Price | 3 | 3 | 2,161 | $925 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2016, this 10-year-old property falls into the 10-20 year bracket. It is in well-maintained, move-in ready condition featuring a modern kitchen with stainless steel appliances, contemporary bathrooms with glass-enclosed showers, and updated systems including central heating and an EV charger.
Elementary School: Bird Rock Elementary School (10/10).
Built in 2016, this property offers modern building standards and contemporary finishes, providing a move-in-ready experience with significantly lower anticipated maintenance costs compared to the older housing stock typical of Pacific Beach.
The inclusion of a detached garage, an EV charger, and additional off-street parking is a major competitive advantage in this high-density coastal neighborhood where parking is notoriously scarce.
With a list price of $1.825M, the property sits at a high valuation for a condominium, which may limit the buyer pool to luxury-tier clients or face competition from detached single-family homes in slightly further inland pockets.
While the garage is a significant asset, its detached configuration may be viewed as a minor inconvenience for residents during inclement weather or when moving heavy items compared to an attached garage layout.
Ideally located in the heart of Pacific Beach, this beautifully maintained 2016-built condominium offers the perfect combination of modern living, low-maintenance ownership, and an exceptional coastal lifestyle. Spanning approximately 2,025 square feet, the residence features three spacious bedrooms, 2.5 bathrooms, and a versatile bonus room that can easily serve as a fourth bedroom, home office, or gym. Designed with today's most sought-after amenities, the home includes a full kitchen appliance package, central heating, in-unit washer and dryer, contemporary finishes, abundant natural light, and pleasant views. Outdoor features include a spacious front patio, detached garage with an EV charger, and additional off-street parking—an uncommon convenience in Pacific Beach. Located just steps from popular restaurants, shops, coffee houses, and vibrant nightlife, and only six blocks from the beach, this home offers the very best of San Diego's coastal lifestyle. Built in 2016, the property benefits from modern construction, providing peace of mind with little to no anticipated maintenance or major capital improvements for years to come. Whether you're searching for a primary residence, vacation home, or investment property, this turnkey condominium represents a rare opportunity to own a quality asset in one of San Diego's most desirable coastal neighborhoods, where strong demand, limited supply, and an unmatched lifestyle continue to drive long-term value and appreciation.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,025 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $1.82M | $604.2K |
| Price per sq ft | $901 | $618 |
| Built year | 2016 | 1985 |
| HOA | $440.0 | $500 |
| Days on market | 16 | 53 |
Jul 6, 2026
$1,825,000
Initial Listing
Mar 30, 2023
$1,500,000
Public Record
Mar 17, 2016
$790,000
Public Record