3796 Alabama 218, San Diego, California 92104, San Diego, 92104 - 1 bed, 1 bath
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3796 Alabama 218
San Diego, California 92104
ACTIVE
CONDITION: FAIR
1Beds
1Baths
378Sq Ft
0Lot Size
Property Price
LIST PRICE$200,000
EST. MARKET VALUE
$214,100
6% BelowMARKET VALUE
SUMMARY
This 55+ condominium presents a Strong Value Opportunity, listed at $200,000—positioned well below the $214,100 Fair Market Value by 6%. This valuation gap offers $14,100 in Instant Equity for the buyer. Featuring a Fair Condition Rating and a compact 378 sqft layout, the unit provides a low-maintenance, turnkey lifestyle in the heart of North Park. With proximity to Jefferson Elementary and Roosevelt Middle, this is an ideal acquisition for downsizing retirees or budget-conscious owner-occupants seeking a central San Diego location.
Estimated Market Value
$214,100+$14,100 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 |
|---|---|---|---|---|---|---|
★ 3796 Alabama 218 Subject 1 bd · 1 ba · 378 sqft · $566 | $200,000* List Price | 1 | 1 | 378 | $566 | - |
A 3796 Alabama Street 311 Pending 1 bd · 1 ba · 378 sqft · $653 | $247,000 List Price | 1 | 1 | 378 | $653 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1981, the property is over 40 years old and features a dated kitchen with original-style oak cabinetry and laminate countertops. While the flooring appears to be updated vinyl plank and the unit is described as move-in ready, the overall age and lack of recent major renovations to the kitchen and bath systems align with the fair criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $200,000, this property offers a rare and highly accessible entry point into the San Diego real estate market, particularly for the desirable North Park area.
- Prime North Park Location
The residence is situated in a vibrant, walkable neighborhood, providing immediate access to diverse dining, shopping, and entertainment options.
- Turnkey Condition
The unit is move-in ready and offers a low-maintenance lifestyle, making it an ideal choice for those looking to downsize without the need for immediate renovations.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community
As a 55+ community, the property has a restricted pool of potential buyers, which can limit resale opportunities and market velocity.
- Minimal Square Footage
With only 378 square feet of living space, the compact footprint may be challenging for residents with significant storage needs or those accustomed to larger layouts.
About 3796 Alabama 218
Move-In Ready in Desirable North Park 55+ Community! Discover comfortable, low-maintenance living in the heart of North Park! This charming second-floor, 1-bedroom, 1-bath residence offers 387 square feet of thoughtfully designed living space and is ready for its new owner. Enjoy the convenience of being just minutes from shopping, dining, parks, entertainment, and everything this vibrant neighborhood has to offer. The 55+ community features a variety of amenities designed for an enjoyable and convenient lifestyle. Whether you're looking to downsize or simply enjoy a more manageable space, this is a wonderful opportunity to embrace easy living in a fantastic central San Diego location. Move right in and start enjoying the North Park lifestyle!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $403.0 / Month
Neighborhood Insights
San Diego Unified Schools
Jefferson Elementary School
Grades K-5 • 0.6 mi
6/10
Roosevelt International Middle School
Grades 6-8 • 0.6 mi
5/10
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 | 378 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $200.0K | $598.4K |
| Price per sq ft | $529 | $607 |
| Built year | 1981 | 1986 |
| HOA | $403.0 | $536 |
| Days on market | 9 | 58 |
Pricing History
Listed for Sale
Oct 16, 2026
$200,000
Initial Listing
Sold
May 31, 2013
$80,000
Public Record
Sold
Jan 8, 1998
$3,000
Public Record