1940 3rd Ave 205, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath

1940 3rd Ave 205, San Diego, California 92101 home-pic-0
ACTIVE$499,000$981/sqft
1940 3rd Ave 205, San Diego, California 92101
2Beds
2Baths
981Sqft
17,499Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Remodeled & Upgraded Interior: The property has been recently remodeled and upgraded, offering a modern and move-in ready living space, described as a 'turnkey home'.
Top Cons:
High Monthly Association Fee: The monthly association fee of $690 is relatively high, which could significantly impact the overall cost of ownership.

Compared to the nearby listings

Price:$499.0K vs avg $725.0K ($-226,000)23%
Size:981 sqft vs avg 1,046 sqft44%
Price/sqft:$509 vs avg $7022%

More Insights

Built in 1981 (45 years old).
Condition: This property is described as 'remodeled & upgraded' and 'turnkey,' which is largely supported by the images. The kitchen features modern white shaker cabinets, light countertops, stainless steel appliances, and bamboo-style flooring, all appearing to be in good, updated condition. The living areas and bedrooms have a mix of clean carpet and matching bamboo-style flooring. However, the building was constructed in 1981, and while the interior has seen updates, the master bathroom's tiled tub surround (pinkish/terrazzo) and the second bathroom's tiled vanity with carpeted floor appear dated, suggesting these areas were either not fully renovated or updated in a style that is now 15-30 years old. Despite these dated bathroom elements, the unit is move-in ready and well-maintained, fitting the 'Good' criteria of being extensively renovated within 5 to 15 years in key areas (kitchen, flooring) and requiring no immediate renovation.
Year Built
1981
Close
-
List price
$499K
Original List price
$507K
Price/Sqft
$509
HOA
$690
Days on market
-
Sold On
-
MLS number
2600011SD
Home ConditionGood
Features
View-

About this home

remodeled & upgraded. some views. huge master bath. inside laundry room, ie; side by side. private location. smaller intimate complex. fast freeway access. turnkey home.

C
Clark Henry
Listing Agent
Condition Rating
Good

This property is described as 'remodeled & upgraded' and 'turnkey,' which is largely supported by the images. The kitchen features modern white shaker cabinets, light countertops, stainless steel appliances, and bamboo-style flooring, all appearing to be in good, updated condition. The living areas and bedrooms have a mix of clean carpet and matching bamboo-style flooring. However, the building was constructed in 1981, and while the interior has seen updates, the master bathroom's tiled tub surround (pinkish/terrazzo) and the second bathroom's tiled vanity with carpeted floor appear dated, suggesting these areas were either not fully renovated or updated in a style that is now 15-30 years old. Despite these dated bathroom elements, the unit is move-in ready and well-maintained, fitting the 'Good' criteria of being extensively renovated within 5 to 15 years in key areas (kitchen, flooring) and requiring no immediate renovation.
Pros & Cons

Pros

Remodeled & Upgraded Interior: The property has been recently remodeled and upgraded, offering a modern and move-in ready living space, described as a 'turnkey home'.
Prime Downtown Location: Situated in the desirable Downtown San Diego area, providing convenient access to urban amenities, dining, and entertainment.
Convenient Interior Features: Includes practical amenities such as an inside laundry room with side-by-side hookups and a generously sized master bath, enhancing daily comfort.
Excellent Freeway Accessibility: Offers fast freeway access, making commuting and travel throughout San Diego highly convenient for residents.
Private & Intimate Complex: Part of a smaller, intimate complex in a private location, which can offer a quieter and more exclusive living environment.

Cons

High Monthly Association Fee: The monthly association fee of $690 is relatively high, which could significantly impact the overall cost of ownership.
Building Age: While the unit is upgraded, the building was constructed in 1981, which may imply older common area infrastructure or potential for future maintenance/assessments.
Modest Square Footage: With 981 square feet for a 2-bedroom, 2-bath unit, the property offers a more compact living space, which might be a consideration for buyers seeking larger residences.
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