3650 5th Avenue 506, San Diego, California 92103, San Diego, 92103 - 2 bed, 2 bath
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3650 5th Avenue 506
San Diego, California 92103
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,055Sq Ft
39,639.602Lot Size
Property Price
LIST PRICE$700,000
EST. MARKET VALUE
$779,377
10% BelowMARKET VALUE
SUMMARY
This Stunning Remodeled Condo is a Strong Value Opportunity, listed at $700,000—positioned well below the $779,377 Fair Market Value by 10%. This valuation gap offers $79,377 in Instant Equity. Featuring a Mint Condition Rating, the residence includes a Gourmet Kitchen, Hardwood Floors, and Panoramic Bay Views. With resort-style amenities and a prime Hillcrest location near top-rated schools like Florence Elementary, this property is an ideal acquisition for Owner-Occupants seeking luxury or first-time buyers prioritizing lifestyle and long-term appreciation.
Estimated Market Value
$779,377+$79,377 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3650 5th Avenue 506 Subject 2 bd · 2 ba · 1,055 sqft · $739 | $700,000* List Price | 2 | 2 | 1,055 | $739 | - |
A 3650 5th Avenue 208 Sold 2 bd · 2 ba · 1,053 sqft · $693 · 0.0 mi | $730,000 | 2 | 2 | 1,053 | $693 | 0.0 mi |
B 3650 5th Avenue 606 Sold 2 bd · 2 ba · 1,055 sqft · $640 · 0.0 mi | $675,000 | 2 | 2 | 1,055 | $640 | 0.0 mi |
C 3275 5th Avenue 204 Sold 2 bd · 2 ba · 1,166 sqft · $746 · 0.4 mi | $870,000 | 2 | 2 | 1,166 | $746 | 0.4 mi |
D 3815 First Ave 104 Sold 2 bd · 2 ba · 1,173 sqft · $746 · 0.2 mi | $875,000 | 2 | 2 | 1,173 | $746 | 0.2 mi |
E 140 Walnut 4b Sold 2 bd · 2 ba · 1,158 sqft · $643 · 0.2 mi | $745,000 | 2 | 2 | 1,158 | $643 | 0.2 mi |
F 4055 3rd 302 Sold 1 bd · 2 ba · 849 sqft · $854 · 0.5 mi | $725,000 | 1 | 2 | 849 | $854 | 0.5 mi |
G 3275 5th Ave #404 Sold 2 bd · 2 ba · 1,192 sqft · $742 · 0.4 mi | $885,000 | 2 | 2 | 1,192 | $742 | 0.4 mi |
H 475 Redwood St 302 Sold 2 bd · 2 ba · 1,168 sqft · $741 · 0.5 mi | $865,000 | 2 | 2 | 1,168 | $741 | 0.5 mi |
I 3687 4th Avenue 201 Active 2 bd · 2 ba · 1,022 sqft · $597 · 0.0 mi | $610,000 List Price | 2 | 2 | 1,022 | $597 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2009, the property has been recently remodeled and is in mint condition. It features a gourmet kitchen with updated white cabinetry and stainless appliances, upgraded bathrooms with stone surrounds, new hardwood flooring, and fresh paint throughout, meeting the criteria for a high-end renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Views and Location
Situated in the heart of Hillcrest near Balboa Park, this unit offers rare panoramic views of the San Diego Bay and Downtown skyline, significantly increasing its long-term desirability and market value.
- Superior Parking Assets
The inclusion of two side-by-side reserved parking spaces is a significant advantage in a high-density urban area where tandem parking or single spaces are the standard.
- Modernized Split-Suite Layout
The residence features a highly functional split-primary-suite floor plan with high-end upgrades, including hardwood floors and a gourmet kitchen, providing maximum privacy and move-in-ready appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =39639, other record lot size in square feet = 39744.
- High Monthly Carrying Costs
The monthly association fee of $962 is relatively high for a 1,055-square-foot unit, which may impact overall affordability and buyer interest compared to buildings with lower overhead.
- Urban Noise Exposure
Located on 5th Avenue in a vibrant, high-traffic district, the property is subject to significant urban activity and street noise, which may be a drawback for buyers seeking a quieter residential setting.
About 3650 5th Avenue 506
STUNNING REMODELED CONDO WITH PANORAMIC BAY AND DOWNTOWN VIEWS IN THE HIGHLY DESIRABLE ATLAS BUILDING! Located in one of the most coveted locations within the complex, this beautifully upgraded 2-bedroom, 2-bath residence offers 1,055 square feet of sophisticated urban living, featuring one of the most desirable split-primary-suite floor plans in Atlas. Freshly painted throughout, this light-filled home features gorgeous hardwood floors, beautifully upgraded bathrooms, and a spacious open floor plan perfect for entertaining. The gourmet kitchen boasts beautiful white cabinetry, granite countertops, stainless steel appliances, abundant cabinet space, and a generous layout that opens seamlessly to the living and dining areas. Both spacious primary suites offer exceptional privacy, walk-in closets, and upgraded bathrooms. Step outside onto your private balcony and take in spectacular panoramic views of San Diego Bay and the Downtown skyline—a view most people only dream about! Additional highlights include an in-unit washer and dryer, TWO SIDE-BY-SIDE RESERVED PARKING SPACES (NOT TANDEM), and additional storage. The highly desirable Atlas building offers resort-style amenities, including a sparkling swimming pool, fitness center, social lounge, EV charging stations, and guest parking. The complex is also VA and FHA approved. Enjoy an unbeatable Hillcrest location just steps from Balboa Park and some of San Diego's finest restaurants, cafes, shopping, and entertainment, with convenient access to Downtown and major freeways. AN EXCEPTIONAL OPPORTUNITY TO OWN ONE OF THE MOST DESIRABLE FLOOR PLANS IN ONE OF THE BEST LOCATIONS WITHIN ATLAS, COMPLETE WITH SPECTACULAR VIEWS, LUXURY UPGRADES, AND TWO SIDE-BY-SIDE PARKING SPACES!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2009
- Lot Size
- 39,639.602 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $962.0 / Month
Neighborhood Insights
San Diego Unified Schools
Florence Elementary School
Grades K-5 • 0.4 mi
8/10
Birney Elementary School
Grades K-5 • 1.1 mi
8/10
Washington Elementary School
Grades K-5 • 1.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,055 | 1,018.142 |
| Lot Size | 39,639.602 | 75,257.211 |
| Price | $700.0K | $598.4K |
| Price per sq ft | $664 | $607 |
| Built year | 2009 | 1986 |
| HOA | $962.0 | $536 |
| Days on market | 23 | 58 |
Pricing History
Listed for Sale
Oct 2, 2026
$700,000
Initial Listing
Sold
Jun 29, 2021
$699,000
Public Record
Sold
May 1, 2018
$600,000
Public Record
Sold
Mar 11, 2016
$575,000
Public Record
Sold
Jul 30, 2009
$465,000
Public Record