2854 Albatross Street, San Diego, California 92103, San Diego, 92103 - 3 bed, 3 bath
2854 Albatross Street
San Diego, California 92103
Property Price
SUMMARY
Analysis of 2854 Albatross Street, San Diego, California 92103 reveals a property with a current list price of $2,195,000, which is 7% above the estimated $2,036,480 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2854 Albatross Street Subject | $2,195,000* List Price | 3 | 3 | 2,920 | $697 | - |
A 405 W Nutmeg St Sold | $2,000,000 | 4 | 4 | 2,782 | $719 | 0.1 mi |
B 1004 W Walnut Ave. Sold | $1,582,000 | 4 | 3 | 1,854 | $853 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1929, this Spanish Colonial Revival home retains significant original character, including well-maintained hardwood and terracotta flooring, and exposed wood beams. However, the kitchen features dated tile countertops, older white appliances, and linoleum flooring, while the bathrooms showcase original-era tilework and fixtures (yellow/black and pink bathrooms) that are functional but very outdated in style. While the property is clean and well-maintained, these key areas would require substantial aesthetic and potentially functional updates to meet modern standards, aligning with the 'Fair' condition criteria of being aged, maintained, but with major components showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: McKinley Elementary School (9/10).
- Exceptional Historic Architecture
This classic 1929 Spanish Colonial Revival residence boasts timeless charm with authentic stucco exteriors, a red clay tile roof, original wrought iron details, hand-painted wood beams, and artisan tilework, appealing to buyers seeking unique character.
- Premium Bankers Hill Location
Nestled in a secluded enclave of Bankers Hill, a highly desirable San Diego neighborhood, offering prestige and convenient access to city amenities.
CONSRISKS & DEFICIENCIES
- Age-Related System Updates
Built in 1929, the property may have original systems (electrical, plumbing, HVAC) that could require significant updates or replacement to meet current standards and efficiency expectations, incurring additional costs.
- Limited View Scope
The description specifies 'partial bay views,' indicating that the scenic outlook is not a full panoramic vista, which might be a consideration for buyers prioritizing unobstructed, expansive water views.
- Potential for Layout/Modernization Challenges
While rich in historic character, the 1929 floor plan and authentic elements might present challenges for buyers desiring open-concept living or extensive modern renovations without compromising the home's original integrity.
About 2854 Albatross Street
Step into the timeless charm of 1929 with this classic Spanish Colonial Revival residence, nestled in a secluded enclave of Bankers Hill. Brimming with character, the home showcases authentic stucco exteriors, red clay tile roof, original wrought iron details, and gracefully arched windows and doors. Inside, you'll find exposed, hand-painted wood beams, artisan tilework, and historic elements that reflect the home’s architectural heritage. The floor plan features generously sized rooms, private balconies, and partial bay views that bring in natural light and coastal breezes. The terraced backyard is shaded by a canopy of mature, fruit-bearing trees, including two varieties of avocado, an assortment of citrus, plum, fig, and more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 5,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Washington Elementary School
Grades K-5 • 0.8 mi
Florence Elementary School
Grades K-5 • 0.9 mi
Birney Elementary School
Grades K-5 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,920 | 1,967 | 76% |
| Lot Size | 5,800 | 5,000 | 63% |
| Price | $2.19M | $1.78M | 67% |
| Price per sq ft | $752 | $959 | 21% |
| Built year | 1929 | 1934 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 152 | 32% |
Pricing History
Listed for Sale
Dec 19, 2025
$2,195,000
$2,200,000
+0% Price Increase
Initial Listing
Price Change
Nov 16, 2025
$2,200,000
Initial Listing