3535 Madison 233, San Diego, California 92116, San Diego, 92116 - 1 bed, 1 bath
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3535 Madison 233
San Diego, California 92116
ACTIVE
CONDITION: GOOD
1Beds
1Baths
650Sq Ft
0Lot Size
Property Price
LIST PRICE$419,000
EST. MARKET VALUE
$419,000
SUMMARY
This Move-in Ready Condominium represents a Prime Investment Opportunity, listed at $433,000—positioned well below the $445,768 Fair Market Value by 2%. This valuation gap provides $12,768 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes modern stone countertops and stainless steel appliances. With resort-style amenities like a pool and spa, this property is ideal for Buy-and-Hold Investors or first-time buyers seeking a walkable, high-lifestyle urban residence in San Diego.
Estimated Market Value
$419,000
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 |
|---|---|---|---|---|---|---|
★ 3535 Madison 233 Subject 1 bd · 1 ba · 650 sqft · $645 | $419,000* List Price | 1 | 1 | 650 | $645 | - |
A 3535 Madison Ave 134 Sold 1 bd · 1 ba · 650 sqft · $615 · 0.0 mi | $400,000 | 1 | 1 | 650 | $615 | 0.0 mi |
B 4533 Bancroft 6 Sold 1 bd · 1 ba · 558 sqft · $780 · 0.4 mi | $435,000 | 1 | 1 | 558 | $780 | 0.4 mi |
C 4675 Utah St 5 Sold 1 bd · 1 ba · 527 sqft · $814 · 0.9 mi | $429,000 | 1 | 1 | 527 | $814 | 0.9 mi |
D 4584 Felton St 3 Sold 2 bd · 2 ba · 744 sqft · $726 · 0.3 mi | $540,000 | 2 | 2 | 744 | $726 | 0.3 mi |
E 4725 35th St 5 Sold 1 bd · 1 ba · 558 sqft · $797 · 0.2 mi | $445,000 | 1 | 1 | 558 | $797 | 0.2 mi |
F 4519 Idaho St 5 Sold 1 bd · 1 ba · 711 sqft · $588 · 0.9 mi | $418,000 | 1 | 1 | 711 | $588 | 0.9 mi |
G 4675 Utah St 8 Sold 2 bd · 1 ba · 726 sqft · $744 · 0.9 mi | $540,000 | 2 | 1 | 726 | $744 | 0.9 mi |
H 4654 33rd St 12 Sold 1 bd · 1 ba · 540 sqft · $659 · 0.4 mi | $356,000 | 1 | 1 | 540 | $659 | 0.4 mi |
I 4622 Felton Street 6 Pending 1 bd · 1 ba · 583 sqft · $772 · 0.3 mi | $450,000 List Price | 1 | 1 | 583 | $772 | 0.3 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 1984, the property has undergone a 5-15 year renovation featuring modern subway tile backsplash, stone countertops, and stainless steel appliances. The interior is well-maintained, move-in ready, and features updated flooring and fixtures throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated in the heart of Normal Heights, this property offers exceptional walkability to trendy dining, coffee shops, and boutiques in one of San Diego's most sought-after urban neighborhoods.
- Desirable Unit Placement
As a top-floor unit with only one shared wall, this condo provides enhanced privacy, quiet living, and dual private patios that overlook the community pool and common areas.
- Resort-Style Amenities
Residents benefit from a well-maintained gated community featuring premium amenities including a pool, hot tub, and fitness center, offering a high-quality lifestyle at an accessible price point.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 650 square feet of living area, the compact footprint may be a constraint for buyers seeking more storage or a more spacious layout.
- High Monthly HOA Dues
The association fee of $517 per month is significant relative to the unit size and list price, which may affect the overall debt-to-income ratio for potential financing.
About 3535 Madison 233
Move-in ready, and beautifully maintained, this top-floor 1 bed, 1 bath condo offers a bright, quiet retreat with modern finishes throughout. You'll have a spacious private front patio with storage closet, and a back patio overlooking the pool that connects to a common area walk-way. Due to its favorable location, it has only one partially shared wall and a unit below. You're just steps from the vibrant dining, coffee shops, and boutique shopping that make Normal Heights and University Heights so sought-after — with North Park's acclaimed restaurant and craft beer scene only minutes away. The building offers resort-style amenities including a community pool, hot tub, and fitness center, all set within a well-kept gated community. Easy access to public transportation makes commuting or exploring the city simple, whether you're heading downtown, to Balboa Park, or the coast. Clean, modern, and move-in ready — this is easy San Diego living in one of the city's most accessible, food-loving neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $517.0 / Month
Neighborhood Insights
San Diego Unified Schools
Adams Elementary School
Grades K-5 • 0.1 mi
5/10
Normal Heights Elementary School
Grades K-5 • 0.2 mi
7/10
Edison Elementary School
Grades K-5 • 0.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 650 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $419.0K | $598.4K |
| Price per sq ft | $645 | $607 |
| Built year | 1984 | 1986 |
| HOA | $517.0 | $536 |
| Days on market | 89 | 58 |
Pricing History
Listed for Sale
Sep 30, 2026
$419,000
$427,000
-2% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$427,000
$433,000
-1% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$433,000
Initial Listing
Sold
Apr 29, 2021
$412,000
Public Record
Sold
Jan 9, 2018
$283,500
Public Record
Sold
Nov 15, 2006
$200,000
Public Record