140 Walnut Avenue 4b, San Diego, California 92103, San Diego, 92103 - 2 bed, 2 bath
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San Diego, California 92103
This Top-Floor Penthouse Asset is listed at $649,999, representing a stable entry point at its $649,999 Fair Market Value. Featuring a Condition Rating of 4, the interior requires renovation, offering a clear Value-Add Opportunity in the premier Hillcrest neighborhood. The 1,158 sq. ft. residence boasts a high-utility split-wing layout, a private balcony, and access to a resort-style pool. Located near Top-Rated Schools like Florence Elementary (8/10), the infrastructure supports adding in-unit laundry for increased ROI. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 Walnut Avenue 4b Subject | $649,999* List Price | 2 | 2 | 1,158 | $561 | - |
A 3443 Reynard A Sold | $725,000 | 2 | 3 | 1,199 | $605 | 0.3 mi |
B 4260 6th Avenue Sold | $617,000 | 2 | 2 | 1,061 | $582 | 0.9 mi |
C 3570 1st Ave 1 Sold | $719,000 | 2 | 2 | 1,188 | $605 | 0.1 mi |
D 4055 Eagle Street 102 Sold | $650,000 | 2 | 2 | 1,080 | $602 | 0.7 mi |
E 3635 7th Ave 6c Sold | $700,000 | 2 | 2 | 1,056 | $663 | 0.3 mi |
F 3266 1st Ave. 20 Sold | $630,000 | 2 | 2 | 914 | $689 | 0.2 mi |
G 3450 3rd Avenue 302 Active | $756,000 List Price | 2 | 2 | 1,171 | $646 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in largely original 1972 condition, featuring dated oak cabinetry, laminate countertops, and white appliances in the kitchen. The bathrooms retain original fixtures and vanities from the era of construction. Interior finishes include popcorn ceilings and carpet with visible wear and staining. While the unit appears functional and maintained through regular upkeep, it requires comprehensive cosmetic and functional modernization to meet current market standards.
Situated in the heart of Hillcrest adjacent to Bankers Hill, the property offers exceptional walkability to Balboa Park, Little Italy, and premier dining and nightlife.
As a top-floor unit with no neighbors above, this residence provides a quiet living environment and superior natural light compared to lower-level units.
The dual-wing floor plan separates the primary suite from the second bedroom, offering maximum privacy ideal for roommates, guests, or a home office setup.
The property remains in largely original 1970s condition, requiring a substantial budget for cosmetic and functional renovations to meet modern standards.
With only one assigned subterranean parking space for a two-bedroom residence, parking may be a challenge for multi-vehicle households in this high-density neighborhood.
The unit currently lacks private laundry machines, necessitating the use of a shared community laundry room until a personal system is installed.
Top-floor, penthouse-level condo ideally located in the heart of Hillcrest adjacent to Bankers Hill - one of San Diego’s most desirable and walkable neighborhoods. This 2-bedroom, 2-bath residence offers a spacious and well-separated layout, providing excellent privacy and flexibility. One wing of the home features the primary suite, complete with an en-suite bathroom and a large walk-in closet, while the second bedroom and full bathroom are located on the opposite wing of the condo, making the layout ideal for guests, roommates, or a home office setup. The unit enjoys great natural light, a private balcony off the living room, and a quiet top-floor position with no neighbors above. While the interior remains largely original and ready for your own personal touch, the generous footprint and thoughtful floor plan create a strong foundation for modern upgrades and long-term value. Potential to add your own in-unit laundry, nearly all other units in the building do, making future installation feasible. Additional conveniences include subterranean parking with one assigned space and a community laundry room located within the building. Residents enjoy a resort-style pool and social gathering area, perfect for entertaining or relaxing year-round. The building is secure and well-maintained, offering a boutique community feel in a prime urban setting. Prime Location just moments from Balboa Park, Little Italy, downtown San Diego, top dining, shopping, nightlife, and major transit routes, this property offers both lifestyle and upside. Opportunity awaits- Whether you’re an end user looking to create a customized living space or an investor seeking value in a premium location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 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 | 1,158 | 1,156 | 50% |
| Lot Size | 14,886 | - | 74% |
| Price | $650.0K | $765.0K | 24% |
| Price per sq ft | $561 | $693 | 11% |
| Built year | 1972 | 1988 | 14% |
| HOA | $446.0 | $600 | 21% |
| Days on market | 106 | 147 | 39% |
Mar 20, 2026
$649,999
$679,999
-4% Price Drop
Initial Listing
Feb 11, 2026
$679,999
$699,999
-3% Price Drop
Initial Listing
Jan 6, 2026
$699,999
Initial Listing
Sep 20, 1999
$174,500
Public Record