
San Diego, California 92104
This property presents a High-Potential Investment Opportunity with a List Price of $170,000—positioned well below the $174,200 Fair Market Value by 2%. This valuation gap offers $4,200 in Instant Equity for buyers prepared to execute a full interior renovation. Given the Condition Rating of 5 and the "as-is" status, the unit requires significant capital investment. Located in a senior community in North Park, this is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3796 Alabama 303 Subject 1 bd · 1 ba · 378 sqft · $461 | $170,000* List Price | 1 | 1 | 378 | $461 | - |
A 3796 Alabama 218 Active 1 bd · 1 ba · 378 sqft · $529 | $200,000 List Price | 1 | 1 | 378 | $529 | - |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old) and sold 'as-is,' the property shows significant signs of neglect including visible mold or heavy water damage on interior walls near the electrical panel. With flooring already removed and a call for 'tools and imagination,' the unit requires a full rehab to address safety and health concerns.
Priced at $170,000, this property represents a rare entry-level opportunity in the San Diego market, offering significant upside potential for an investor or owner-occupant willing to renovate.
Situated in one of San Diego’s most desirable and walkable neighborhoods, the unit provides convenient access to diverse dining, boutique shopping, and essential urban amenities.
Residents benefit from a wide range of on-site facilities including a fitness room, library, billiards room, and multiple social spaces, enhancing the overall lifestyle and social connectivity.
Located within a senior community, the property has specific age requirements that limit the pool of potential buyers and may impact future resale velocity.
With only 378 square feet and being sold in 'as-is' condition with flooring already removed, the unit requires a creative layout solution and immediate capital investment for modernization.
Bring your tools, your vision and your imagination! This 1 bed/1bath North Park Condo in Villa Sao Miguel offers a fantastic opportunity to create a space that is truly your own. Located in a senior community, the unit is ready for its next chapter. Carpeting has already been removed, giving you a head start on updating the interior to suit your personal style. Located in North Park - close to shopping, dining, transportation and neighborhood amenities. Property is being offered as-is in its current condition. Residents of Villa Sao Miguel enjoy an array of amenities designed for connection and relaxation, including: • Fitness room • Library and craft room • Billiards room • Community gathering spaces • Multiple indoor and outdoor seating areas • Community laundry facilities • Elevator access throughout the building
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 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $170.0K | $598.4K |
| Price per sq ft | $450 | $607 |
| Built year | 1981 | 1986 |
| HOA | $403.0 | $536 |
| Days on market | 19 | 58 |
Oct 6, 2026
$170,000
Initial Listing
Sep 26, 2016
$130,500
Public Record
Nov 9, 2001
$58,000
Public Record
Aug 10, 2001
$74,000
Public Record