
San Diego, California 92103
This Bankers Hill condominium represents a High-Potential Investment Opportunity, listed at $639,000—positioned well below the $659,888 Fair Market Value by 3%. This valuation gap offers $20,888 in Instant Equity. While the unit maintains a Condition Rating of 4, its top-floor location provides iconic Balboa Park views and rare tandem garage parking. With proximity to top-rated schools like McKinley Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3290 6th Avenue 4c Subject | $639,000* List Price | 2 | 2 | 1,183 | $558 | - |
A 2620 2nd Ave 7a Sold | $779,000 | 2 | 2 | 1,327 | $587 | 0.5 mi |
B 3443 Reynard A Sold | $725,000 | 2 | 3 | 1,199 | $605 | 0.6 mi |
C 2620 2nd Avenue 5d Sold | $770,000 | 3 | 2 | 1,551 | $496 | 0.5 mi |
D 3663 7th Avenue 1 Sold | $580,000 | 2 | 2 | 936 | $620 | 0.4 mi |
E 1263 Robinson Avenue 13 Sold | $625,000 | 2 | 2 | 1,046 | $598 | 0.6 mi |
F 3431 Park Blvd 206 Sold | $485,000 | 2 | 2 | 953 | $509 | 0.8 mi |
G 140 Walnut Avenue 4b Active | $625,000 List Price | 2 | 2 | 1,158 | $540 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973 and held by the same family for two generations, the unit is well-maintained and functional but significantly dated. The kitchen and bathrooms appear to be 20-30+ years old, and the presence of popcorn ceilings and older cabinetry indicates a need for cosmetic updates and modernization to meet current market standards.
Elementary School: McKinley Elementary School (9/10).
Situated in one of San Diego’s most prestigious urban neighborhoods, this property offers unparalleled walkability to Balboa Park, elite dining, and cultural landmarks.
As a top-floor residence, the unit captures stunning, unobstructed views of Balboa Park and city lights, providing a premium aesthetic and increased market appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9147, other record lot size in square feet = 9255.
The property is in largely original condition and requires comprehensive updates, which will necessitate additional capital investment and renovation time from the buyer.
Built in 1973, the residence may lack the modern energy efficiencies, open-concept kitchen layouts, and contemporary building amenities found in newer luxury developments.
Iconic views of Balboa Park take center stage in this ideally situated top-floor 2-bedroom, 2-bath condo in the heart of Bankers Hill. Owned by one family for two generations, this residence presents a rare opportunity to personalize a home in one of San Diego’s most desirable urban neighborhoods. While ready for updates, the exceptional location, expansive park views, and flexible floor plan create an inviting canvas for your vision and style. The spacious Primary Suite features an en suite bath and large walk-in closet, while the second bedroom has been thoughtfully opened to the living area to create a light-filled home office or den overlooking the park. Folding doors easily transform the space back into a comfortable private guest room when needed. A charming bay window in the dining area frames picturesque Park views and creates a welcoming setting for entertaining, conveniently connected to the adjacent kitchen for easy hosting and everyday living. Additional highlights include two dedicated tandem garage parking spaces with storage, and walkability to some of San Diego’s best restaurants, coffee shops, markets, and cultural destinations. Come experience the energy, charm, and timeless appeal of Bankers Hill and claim your own piece of the San Diego lifestyle.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,183 | 1,125 | 54% |
| Lot Size | 9,147.6 | - | 71% |
| Price | $639.0K | $740.0K | 28% |
| Price per sq ft | $540 | $690 | 8% |
| Built year | 1973 | 1988 | 18% |
| HOA | $439.0 | $583 | 21% |
| Days on market | 8 | 142 | 10% |
May 29, 2026
$639,000
Initial Listing