2942 Lawrence St., San Diego, California 92106, San Diego, 92106 - 3 bed, 2 bath
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2942 Lawrence St.
San Diego, California 92106
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,556Sq Ft
0Lot Size
Property Price
LIST PRICE$1,395,000
EST. MARKET VALUE
$1,442,504
3% BelowMARKET VALUE
SUMMARY
This Turnkey Coastal Condominium is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,442,505 Fair Market Value by 3%. This valuation gap offers $47,505 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen, Stainless Steel Appliances, and a Private Balcony with Partial Bay Views. Located in the prestigious La Playa neighborhood, this residence is an ideal fit for Owner-Occupants or lifestyle-focused professionals seeking a move-in ready coastal retreat.
Estimated Market Value
$1,442,504+$47,504 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2942 Lawrence St. Subject 3 bd · 2 ba · 1,556 sqft · $927 | $1,395,000* List Price | 3 | 2 | 1,556 | $927 | - |
A 1150 Anchorage Lane 408 Sold 3 bd · 2 ba · 1,658 sqft · $854 · 0.9 mi | $1,416,450 | 3 | 2 | 1,658 | $854 | 0.9 mi |
B 2928 Lawrence Pending 3 bd · 2 ba · 1,556 sqft · $835 · 0.0 mi | $1,299,000 List Price | 3 | 2 | 1,556 | $835 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1976, the property has undergone a comprehensive renovation likely within the last 5-15 years. The kitchen features updated shaker-style cabinetry, granite countertops, and stainless steel appliances. The flooring and bathrooms are well-maintained and modern, making the unit fully functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the prestigious La Playa neighborhood, the property offers exceptional walkability to Kellogg Beach, yacht clubs, and the scenic bayside path connecting Point Loma Village and Shelter Island.
- Spacious & Modern Layout
This rare 3-bedroom condominium features a generous 1,556 sqft open-concept floor plan with updated granite countertops, stainless steel appliances, and a private balcony with partial bay views.
- Premium Community Amenities
The gated complex provides high-value conveniences including secure side-by-side underground parking, elevator access, additional storage, and resort-style facilities like a pool and spa.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of $660 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Average School Ratings
The assigned elementary school has a lower rating of 4, which may be a drawback for families specifically seeking the highest-rated educational districts in San Diego.
About 2942 Lawrence St.
Experience the best of coastal living in La Playa, featuring beautiful partial bay views and an unbeatable location near Kellogg Beach. Enjoy leisurely strolls along the scenic bayside path connecting Point Loma Village and Shelter Island, with easy access to waterfront dining, yacht clubs, marinas, and charming local shops. This inviting residence offers an open-concept layout with stylish flooring, granite countertops, stainless steel appliances, a bright skylight, cozy fireplace, and a spacious private balcony perfect for relaxing and enjoying the coastal breeze. The gated community features a pool, spa, common areas, elevator access, secure underground parking with 2 side by side spaces, and additional storage. A wonderful opportunity to enjoy the relaxed Southern California lifestyle in a desirable waterfront community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $660.0 / Month
Neighborhood Insights
San Diego Unified Schools
Cabrillo Elementary School
Grades K-4 • 0.8 mi
4/10
Dana
Grades 5-6 • 1.6 mi
6/10
Correia Middle School
Grades 7-8 • 2.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,556 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $1.40M | $598.4K |
| Price per sq ft | $897 | $607 |
| Built year | 1976 | 1986 |
| HOA | $660.0 | $536 |
| Days on market | 9 | 58 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,395,000
Initial Listing
Sold
May 16, 2008
$650,000
Public Record