
San Diego, California 92104
This Strong Value Opportunity is a 2-bedroom, 1-bath condominium listed at $499,000, positioned well below the $525,000 Fair Market Value by 4%. This valuation gap provides $26,000 in Instant Equity. Featuring a Condition Rating of 3, the unit includes travertine flooring, granite countertops, and the rare benefit of a private garage. Located near McKinley Elementary (9/10), this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking low-maintenance living in North Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3682 Nile Street 3 Subject | $499,000* List Price | 2 | 1 | 782 | $671 | - |
A 4221 Iowa St 6 Sold | $455,000 | 1 | 1 | 595 | $765 | 0.7 mi |
B 3767 Grim Ave 1 Sold | $560,000 | 2 | 1 | 766 | $731 | 0.4 mi |
C 4244 Cherokee Ave 4 Sold | $585,000 | 2 | 2 | 818 | $715 | 0.7 mi |
D 3745 Villa Terrace 7 Sold | $555,000 | 2 | 2 | 735 | $755 | 0.8 mi |
E 3984 Illinois Street 1 Active | $549,000 List Price | 2 | 2 | 837 | $656 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980 but well-maintained with a renovation likely completed within the last 10-15 years. Features include travertine flooring, granite countertops, and updated bathroom fixtures. The unit is move-in ready and freshly painted, though the kitchen cabinetry and black appliances are slightly dated by modern standards.
Elementary School: McKinley Elementary School (9/10).
Positioned under the $500k threshold in the highly desirable North Park neighborhood, this property offers a rare entry-level opportunity for first-time buyers and investors in a prime San Diego market.
The inclusion of both a private garage and an additional dedicated parking space is a significant competitive advantage in a high-density area where parking is typically scarce and highly valued.
With only 782 square feet to accommodate two bedrooms and a single bathroom, the interior living space is relatively small, which may limit appeal for buyers seeking more generous room dimensions.
The property has been on the market for 56 days and has undergone two price reductions, indicating that the listing has struggled to gain traction at its previous price points.
Rare opportunity under $500k! Discover exceptional value in the heart of North Park with this move-in ready 2-bedroom, 1-bath condo offering the rare combination of a private garage, an additional dedicated parking space, and low HOA dues that include water and trash. Freshly painted and thoughtfully updated, the home features travertine flooring throughout, granite countertops, a functional dining area, and appliances included. Conveniently located for an easy commute with quick freeway access, the interior remains surprisingly quiet, providing the best of both worlds. Just minutes from North Park's acclaimed restaurants, breweries, coffee shops, and neighborhood amenities, this is an outstanding opportunity for a first-time buyer, investor, or anyone seeking low-maintenance living in one of San Diego's most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 782 | 999 |
| Lot Size | 7,154 | 84,697.5 |
| Price | $499.0K | $604.2K |
| Price per sq ft | $638 | $618 |
| Built year | 1980 | 1985 |
| HOA | $395.0 | $500 |
| Days on market | 61 | 53 |
Jun 30, 2026
$499,000
$509,900
-2% Price Drop
Initial Listing
Jun 10, 2026
$509,900
$525,000
-3% Price Drop
Initial Listing
May 22, 2026
$525,000
Initial Listing
Aug 5, 2011
$116,500
Public Record