2108 3rd Avenue 1, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
2108 3rd Avenue 1
San Diego, California 92101
Property Price
SUMMARY
Analysis of 2108 3rd Avenue 1, San Diego, California 92101 is currently available with a list price of $579,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1980, features a recently updated kitchen with stainless steel appliances, newer cabinets, and modern Dekton countertops, along with updated porcelain wood grain tile flooring and a renovated half bath on the ground floor. While the bedrooms show some wear with older carpet and popcorn ceilings, these are minor cosmetic updates. The significant renovations in key areas make the property largely move-in ready, aligning with the 'Good' condition criteria, despite the building's age and the HOA special assessment for external repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in Bankers Hill, the property offers excellent proximity to Balboa Park, walking distance to restaurants, and easy access to freeways and downtown San Diego, appealing to both residents and investors.
- Updated Kitchen
The kitchen has been recently updated with stainless steel appliances, newer cabinets, and Dekton countertops, providing a modern and functional cooking space.
- Modern Interior Finishes
The unit features updated flooring, including porcelain wood grain tile, and an updated stairwell, contributing to a contemporary and appealing aesthetic.
CONSRISKS & DEFICIENCIES
- Restricted Buyer Pool
The property is explicitly marketed for 'ALL CASH BUYERS ONLY' due to an impending HOA special assessment, severely limiting financing options and potential purchasers.
- Significant HOA Special Assessment
A major HOA special assessment for balcony repairs/replacement is due by year-end, representing a substantial, immediate financial obligation for the new owner.
- Excluded Refrigerator
The refrigerator does not convey with the sale, requiring the buyer to incur an additional expense for a new appliance immediately after purchase.
About 2108 3rd Avenue 1
ALL CASH BUYERS ONLY, Great starter place or investment property in Bankers Hill near Balboa Park and walking distance to restaurants. Easy access to freeway and downtown San Diego. Both bedrooms are upstairs, kitchen has been updated with stainless steel appliances, newer cabinets and Dekton countertops. Ground floor half bath, flooring and stairwell are also updated. Flooring is porcelain wood grain tile. Unit has stack washer / dryer on ground floor, city view balcony off primary bedroom, 2 spaces in carport, and a storage locker. 6 unit complex. Refrigerator does not convey, all other appliances in unit stay. Unit has the first 2 parking spaces next to the entry gate in the 3rd Avenue carport area. ALL CASH BUYERS ONLY, due to HOA special assessment for balcony repairs / replacement for the building by years end.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 9,595 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $325.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 924 | 1,094 | 38% |
| Lot Size | 9,595 | - | 63% |
| Price | $579.0K | $725.0K | 32% |
| Price per sq ft | $627 | $695 | 27% |
| Built year | 1980 | 2004 | 2% |
| HOA | $325.0 | $828 | 0% |
| Days on market | 137 | 180 | 30% |
Pricing History
Listed for Sale
Oct 21, 2025
$579,000
Initial Listing