
San Diego, California 92104
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,095,000—positioned well below the $1,102,869 Fair Market Value by 0.71%. This valuation gap offers $7,869 in Instant Equity. Featuring a Good Condition Rating, the home includes a Granite Kitchen, Luxury Vinyl Plank Flooring, and a Private Terraced Patio. Located in a highly walkable North Park neighborhood near McKinley Elementary (9/10), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, move-in ready urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3126 31st Subject 2 bd · 2 ba · 1,326 sqft · $832 | $1,095,000* List Price | 2 | 2 | 1,326 | $832 | - |
A 3549 Redwood Street Sold 2 bd · 1 ba · 1,092 sqft · $785 · 0.6 mi | $857,500 | 2 | 1 | 1,092 | $785 | 0.6 mi |
B 3504 31st Sold 3 bd · 1 ba · 1,061 sqft · $924 · 0.3 mi | $980,000 | 3 | 1 | 1,061 | $924 | 0.3 mi |
C 3594 31st Street Sold 2 bd · 2 ba · 1,255 sqft · $1,052 · 0.4 mi | $1,320,000 | 2 | 2 | 1,255 | $1,052 | 0.4 mi |
D 2912 Boundary Street Sold 2 bd · 2 ba · 979 sqft · $1,016 · 0.5 mi | $995,000 | 2 | 2 | 979 | $1,016 | 0.5 mi |
E 3226 Palm Sold 2 bd · 1 ba · 977 sqft · $1,003 · 0.2 mi | $980,000 | 2 | 1 | 977 | $1,003 | 0.2 mi |
F 3626 32nd Street Sold 3 bd · 2 ba · 1,352 sqft · $747 · 0.5 mi | $1,010,000 | 3 | 2 | 1,352 | $747 | 0.5 mi |
G 3121 Boundary Sold 2 bd · 2 ba · 1,140 sqft · $965 · 0.5 mi | $1,100,000 | 2 | 2 | 1,140 | $965 | 0.5 mi |
H 3125 Thorn Street Pending 2 bd · 2 ba · 936 sqft · $1,042 · 0.1 mi | $975,000 List Price | 2 | 2 | 936 | $1,042 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1981, the property features recent renovations including a modern kitchen with granite counters and stainless steel appliances, luxury vinyl plank flooring, and updated ductless mini-split HVAC systems. It is move-in ready and well-maintained, fitting the 5-15 year renovation window for a 'Good' rating.
Elementary School: McKinley Elementary School (9/10).
Situated in the heart of North Park, the property offers exceptional walkability to Morley Field, Balboa Park, and the popular dining and coffee shops along 30th Street and University Avenue.
Despite being located on a private drive shared with other homes, this property carries no monthly HOA fees, providing the benefits of a private community without the recurring overhead.
With only 1.5 bathrooms for over 1,300 square feet of living space, the lack of a second full bath may be a drawback for families or co-living arrangements.
At a list price of $1,095,000 for a two-bedroom residence, the property represents a high price-per-bedroom investment compared to other options in the San Diego market.
Tucked at the end of 31st Street in the heart of North Park, on a quiet private drive shared by just six homes, this 2-bedroom, 1.5-bath residence offers more than 1,300 sq ft of light-filled living with no HOA dues. Vaulted ceilings and an open layout blend classic character with thoughtful updates, including luxury vinyl plank flooring, granite counters, a full appliance package, ductless mini-splits, a cozy wood-burning stove, indoor laundry, a 130 sq ft attic for storage, and 2 parking spaces. Step out to a private terraced patio made for alfresco dining and weekend entertaining. Walk to Morley Field, Balboa Park, Bird Park, the North Park Farmers Market, and the coffee shops and restaurants of 30th Street and University Avenue, and reach Downtown without getting on the freeway. Sold turnkey with furnishings included at no added value, it's ready to occupy or rent from day one. Investors: a quick close allows the home to be placed in service before year-end, with the potential to benefit from a cost segregation study and accelerated depreciation. A rare chance to own a private, low-maintenance home in one of San Diego's most walkable neighborhoods. Whether you want a serene sanctuary, dynamic urban living, or a great investment, this home offers it all!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,326 | 1,752.269 |
| Lot Size | 3,313 | 6,446.159 |
| Price | $1.09M | $1.27M |
| Price per sq ft | $826 | $736 |
| Built year | 1981 | 1971 |
| HOA | $0 | $186 |
| Days on market | 13 | 41 |
Oct 12, 2026
$1,095,000
Initial Listing
Dec 26, 2024
$1,000,000
Public Record
Dec 8, 2022
$895,000
Public Record