
San Diego, California 92103
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $550,000, which aligns perfectly with its $550,000 Fair Market Value. Featuring a Condition Rating of 3, this residence offers a spacious 934 sqft layout with modern vinyl flooring, newer HVAC, and a private patio. Located in the vibrant Bankers Hill district, the property provides an exceptional urban lifestyle near Balboa Park. This move-in ready home is an ideal acquisition for first-time buyers or owner-occupants seeking a stable, well-maintained asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3266 First Ave 13 Subject | $550,000* List Price | 1 | 2 | 934 | $589 | - |
A 3663 7th Avenue 1 Sold | $580,000 | 2 | 2 | 936 | $620 | 0.5 mi |
B 140 Walnut Avenue 4b Sold | $585,000 | 2 | 2 | 1,158 | $505 | 0.2 mi |
C 3145 Union Street 1 Sold | $660,000 | 2 | 2 | 894 | $738 | 0.5 mi |
D 1030 Robinson Ave 215 Sold | $614,900 | 2 | 2 | 975 | $631 | 0.8 mi |
E 3644 3rd Avenue 5 Sold | $570,000 | 2 | 2 | 870 | $655 | 0.3 mi |
F 3634 7th Ave 4b Sold | $559,000 | 1 | 1 | 805 | $694 | 0.4 mi |
G 3266 1st Avenue 10 Active | $529,000 List Price | 1 | 1 | 724 | $731 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1971, the property is in turnkey condition with significant recent updates. Key systems including HVAC, windows, and sliding doors are newer, and the building's roof and plumbing were updated in 2020. The interior features modern vinyl flooring and refreshed surfaces, making it move-in ready.
Situated in the highly desirable Bankers Hill/Hillcrest area, the property offers exceptional walkability to Balboa Park, vibrant nightlife, and diverse dining options, providing a high-quality urban lifestyle.
The well-maintained complex features rare perks like a free guest suite for visitors, updated major systems including roof and plumbing, and secure underground parking with a large private storage unit.
At 934 sqft with 1.5 baths, this turnkey unit offers a significantly larger footprint than typical one-bedrooms, complemented by newer HVAC, vinyl flooring, and energy-efficient dual-paned windows.
With 128 days on the market and multiple price reductions from an initial $615,000, the property may face perceived value challenges or decreased buyer urgency in the current market.
The unit currently relies on community laundry facilities; while there is potential to add a private washer/dryer, the immediate lack of this convenience and the cost of installation may deter some buyers.
UNBELIEVABLE VALUE! UNBEATABLE LOCATION and PRICE! A rare find of a generously sized 1-bedroom, 1.5-bath turnkey condo just blocks from Balboa Park and minutes from the vibrant dining, nightlife, and culture of Hillcrest. Located on the first floor, this inviting home offers a spacious and comfortable layout rarely found in a one-bedroom residence, with the added convenience of a half bath for guests. Stylish vinyl flooring adds warmth and durability throughout, while newer HVAC provides year-round comfort. Newer dual paned window and slider for energy efficiency and a quiet home. The unit also offers the potential to add in-unit laundry for even greater convenience. One of the home’s standout features is the private patio — the perfect place to enjoy your morning coffee, take in neighborhood views, and soak up the energy of this lively, explorable community. The Capistrano is a well maintained building that had their major systems such as the roof and plumbing updated since 2020. They also invested in remodeling their common areas so this HOA has taken care of the big ticket concerns. Your HOA fee provides some exceptional amenities such as a sunny pool, a controlled-access lobby with a Butterfly system, community laundry, bike storage, and a spacious recreation/entertainment room with a pool table and ping-pong. A rare and thoughtful bonus is the on-site guest suite available for owners’ visitors — free for up to 12 days per year (cleaning fee applies) — making hosting friends and family easy and affordable. Water is included as well. This home includes one underground parking space and a large private storage unit. With first-floor access, an elevator in the building, daily living is both easy and convenient. All of this in a Bankers Hill location near Balboa Park, Hillcrest, local coffee shops, restaurants, Downtown, major freeways, and the airport — offering the perfect blend of neighborhood charm and urban accessibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 934 | 999 |
| Lot Size | 19,617 | 84,697.5 |
| Price | $550.0K | $604.2K |
| Price per sq ft | $589 | $618 |
| Built year | 1971 | 1985 |
| HOA | $637.0 | $500 |
| Days on market | 168 | 53 |
Jun 12, 2026
$550,000
$599,000
-8% Price Drop
Initial Listing
Apr 10, 2026
$599,000
$615,000
-3% Price Drop
Initial Listing
Feb 4, 2026
$615,000
Initial Listing