3786 Alabama St 201, San Diego, California 92104, San Diego, 92104 - 1 bed, 1 bath
Loading property details...
San Diego, California 92104
This High-Potential Investment Opportunity is listed at a List Price of $265,000, positioned slightly above the $254,349 Fair Market Value. While the unit carries a Condition Rating of 3, it features a recently remodeled kitchen and modern flooring, offering immediate rental readiness. Located in a highly walkable North Park neighborhood, this asset provides a unique entry point for Buy-and-Hold Investors or 55+ Owner-Occupants. Its prime location near Balboa Park and community amenities ensures consistent demand in a competitive San Diego market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3786 Alabama St 201 Subject | $265,000* List Price | 1 | 1 | 378 | $673 | - |
A 3776 Alabama Street C309 Sold | $265,000 | 1 | 1 | 378 | $701 | 0.0 mi |
B 3796 Alabama St A118 Sold | $245,000 | 0 | 1 | 378 | $648 | 0.0 mi |
C 3776 Alabama C212 Sold | $270,000 | 1 | 1 | 378 | $714 | - |
D 3796 Alabama Street A304 Active | $262,000 List Price | 1 | 1 | 378 | $693 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a recently remodeled kitchen with modern white shaker cabinets and stainless steel appliances, along with updated luxury vinyl plank flooring. While the bathroom vanity and fixtures appear dated (Fair condition), the overall unit is well-maintained, move-in ready, and benefits from recent interior upgrades that offset the 1981 build date.
The property offers exceptional walkability to San Diego’s most popular shops, restaurants, and cultural landmarks like Balboa Park and Morley Field, making it highly desirable for urban living.
At a list price of $265,000, this unit represents one of the most affordable entry points into the San Diego real estate market, offering significant potential for high rental yields or low-cost ownership.
The condo features a recently remodeled kitchen and west-facing natural light, complemented by community amenities including a gym, library, and bike storage that enhance the overall lifestyle quality.
Being located within a 55+ community significantly limits the pool of potential owner-occupants, which can impact resale velocity and narrow the target demographic for buyers.
At only 378 square feet, the living space is exceptionally compact for a one-bedroom unit, which may pose challenges for residents with significant storage needs or those seeking a more spacious layout.
Affordable 55+ living in North Park! Discover this charming, move-in ready 1-bed, 1-bath condo in the desirable gated community of Villa Sao Miguel. Enjoy walkable access to North Park’s best shops, restaurants, and parks like Morley Field and Balboa Park! Perfect for investors of any age looking for a prime San Diego rental opportunity, or owner-occupants 55+ seeking easy, amenity-rich living with a bike storage, rec room, library, and gym. This comfortable residence was remodeled less than 2 years ago with a new kitchen and flooring. Facing west with lots of natural light, it delivers style and value in one of San Diego’s most walkable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 378 | 999 |
| Lot Size | 66,020 | 84,697.5 |
| Price | $265.0K | $604.2K |
| Price per sq ft | $701 | $618 |
| Built year | 1981 | 1985 |
| HOA | $403.0 | $500 |
| Days on market | 33 | 53 |
Jun 19, 2026
$265,000
Initial Listing
Oct 2, 2024
$300,000
Public Record
Oct 16, 2012
$75,000
Public Record
Jul 21, 2005
$140,000
Public Record