3251 3rd Ave, San Diego, California 92103, San Diego, 92103 - 3 bed, 1 bath
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San Diego, California 92103
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,590,000, which aligns with the $1,590,000 Fair Market Value. While the home currently holds a Poor Condition Rating due to its age and the need for significant system modernization, its location in the prestigious Mission Hills neighborhood provides a solid foundation for value-add projects. Featuring Panoramic city and bay views, this asset is ideal for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to modernize the layout and infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3251 3rd Ave Subject | $1,590,000* List Price | 3 | 1 | 1,539 | $1,033 | - |
A 4122 1st Sold | $1,160,000 | 3 | 1 | 1,454 | $798 | 0.9 mi |
B 3905 Ibis St Sold | $1,136,800 | 3 | 2 | 1,452 | $783 | 0.9 mi |
C 2830 Columbia Street Sold | $1,600,000 | 2 | 1 | 1,200 | $1,333 | 0.7 mi |
D 1034 Myrtle Way Sold | $1,900,000 | 2 | 2 | 1,510 | $1,258 | 0.5 mi |
E 3419 Richmond Pending | $1,388,000 List Price | 2 | 1 | 1,720 | $807 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this property is nearly a century old. While the exterior appears maintained, the complete absence of interior photos, especially of the kitchen and bathroom, prevents assessment of critical areas. The property analysis explicitly notes 'Potential for Extensive Renovation Costs' for major systems (plumbing, electrical, HVAC) and finishes, which is typical for a home of this age without documented recent renovations. The single bathroom for three bedrooms also indicates an outdated layout likely requiring significant modernization. Substantial repairs and rehabilitation are anticipated to bring this property to modern standards, aligning with a 'Poor' condition score.
Situated in the prestigious Mission Hills (92103) neighborhood, offering excellent access to urban amenities, Balboa Park, and a strong community.
Built in 1930, the property likely retains period details and character, appealing to buyers seeking historic charm in a well-established area.
A detached home in a prime San Diego urban location is a highly sought-after asset, offering privacy and space.
Only one bathroom for a three-bedroom home is a significant functional limitation and a major drawback for many prospective buyers, potentially impacting market appeal and resale value.
The generic 'Please contact broker for more information' description lacks crucial details about the home's features, condition, or recent upgrades, which can deter initial buyer interest and create uncertainty.
As a 1930-built home, it is highly probable that major systems (plumbing, electrical, HVAC) and finishes may require substantial updates to meet modern standards, incurring significant additional costs for the buyer.
Please contact broker for more information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,539 | 1,777 |
| Lot Size | - | 6,600 |
| Price | $1.59M | $1.24M |
| Price per sq ft | $1.0K | $743 |
| Built year | 1930 | 1972 |
| HOA | $0 | $200 |
| Days on market | 168 | 39 |
Feb 4, 2026
$1,590,000
Initial Listing