
San Diego, California 92105
This Turnkey Townhouse represents a Prime Investment Opportunity, listed at $399,000—positioned well below the $417,460 Fair Market Value by 4%. This valuation gap provides $18,460 in Instant Equity. Boasting an Excellent Condition Rating, the home features a modernized kitchen with quartz countertops and new appliances. With no neighbors above or below and a serene Trees/Woods View, it offers a quiet lifestyle in central San Diego. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2812 47th Street Subject 2 bd · 4 ba · 976 sqft · $428 | $399,000* List Price | 2 | 4 | 976 | $428 | - |
A 3631 Lemona C Sold 2 bd · 2 ba · 1,120 sqft · $418 · 0.8 mi | $468,000 | 2 | 2 | 1,120 | $418 | 0.8 mi |
B 3631 Lemona Avenue D Active 2 bd · 2 ba · 1,120 sqft · $366 · 0.8 mi | $410,000 List Price | 2 | 2 | 1,120 | $366 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a comprehensive recent renovation (<5 years) including a modernized kitchen with new quartz countertops and brand-new appliances, fresh paint, new carpet, updated lighting, and newer bathroom fixtures, meeting the criteria for mint condition.
Priced at $399,000, this property sits significantly below recent model match sales of $475,000 to $496,000, offering immediate equity potential for the buyer.
The home features extensive recent upgrades including new quartz countertops, brand-new appliances, fresh neutral paint, new carpeting, and stylish modern lighting throughout.
This townhome configuration ensures no neighbors are located above or below the unit, providing a quiet living environment complemented by a private pedestrian ramp entrance.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =147232, other record lot size in square feet = 147301.
At just 976 square feet for a two-bedroom residence, the interior living space and storage options may feel constrained for growing families or those working from home.
The assigned middle and high schools have lower performance ratings (3 and 4 respectively), which may be a deterrent for education-focused buyers and impact future appreciation.
Over 950sf is yours to enjoy at an EXCEPTIONAL price for this beautifully maintained townhome with NO Neighbors above or below - surrounded by mature trees. Last MODEL MATCH sales were $475,000 and $496,000 (Low HOA fees pay for water, trash and landscaping). The finishes and upgrades are impressive – gorgeous, updated kitchen with new quartz countertops, brand new sink, freshly painted cabinets and brand-new stove and microwave. So many thoughtful and quality upgrades like Dual paned vinyl windows and newer Tub/shower surround. A built-in fireplace adds coziness to the family room and the stylish/practical wood grain plank tile flooring is so easy to maintain. Brand new neutral carpet was installed prior to listing as well as stylish lighting from the stairwell pendant to the bathroom vanity lights with new towel bars, faucets and white cabinets. New black doorknobs, hardware and hinges along with fresh neutral paint give this property additional “pop”. In Unit full sized laundry closet and an added convenience of a concrete pedestrian ramp and railing to the front door from the sidewalk. Ideally situated in the heart of central San Diego, this townhome offers exceptional convenience with quick access to 805, 94 and I-5, making commuting a breeze and mere minutes from downtown San Diego, Balboa Park, Petco Park, restaurants and shopping.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 976 | 1,427.776 |
| Lot Size | 147,232.797 | 93,450.361 |
| Price | $399.0K | $807.7K |
| Price per sq ft | $409 | $599 |
| Built year | 1982 | 1993 |
| HOA | $330.0 | $445 |
| Days on market | 10 | 47 |
Oct 15, 2026
$399,000
Initial Listing