
San Diego, California 92104
This High-Potential Investment Opportunity is listed at a List Price of $242,000, aligning with its $242,000 Fair Market Value. While the unit maintains a Condition Rating of 4, it features recent luxury vinyl flooring and a prime location near Balboa Park. The 55+ age restriction creates a niche market, yet the proximity to Morley Field and Hillcrest ensures consistent demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, lifestyle-focused residence in a vibrant San Diego neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3796 Alabama Subject | $242,000* List Price | 1 | 1 | 378 | $640 | - |
A 3790 Florida St C120 Sold | $290,000 | 1 | 1 | 520 | $558 | 0.1 mi |
B 3796 Alabama St 13 Active | $279,900 List Price | 1 | 1 | 378 | $740 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property has been partially updated with new luxury vinyl flooring and fresh paint, making it move-in ready. However, the kitchen is in original condition with dated 1980s cabinetry, laminate countertops, and older appliances that require modernization. While functional, the unit needs significant cosmetic updates to the primary systems and service areas to move beyond a 'dated' status.
Situated on the western edge of North Park near Balboa Park and Hillcrest, offering exceptional access to dining, shopping, and recreation at Morley Field.
This first-floor, street-level unit features a no-stairs entry and is conveniently located on the same floor as the complex's fitness room, library, and laundry facilities.
The condo has been recently refreshed with modern luxury vinyl flooring, providing a move-in-ready aesthetic at a highly competitive price point.
The 55+ residency requirement significantly limits the potential pool of occupants, which may impact future resale liquidity and rental demand.
With only 378 square feet of living area, the unit offers very limited space, which may be challenging for those with significant storage needs or who desire a more spacious layout.
Recently refreshed with Luxury Vinyl Flooring - this is a must see! Villa Sao Miguel offers a cozy, quiet 1-bedroom, 1-bath, 378 sq. ft. first-floor, street-level unit with no stairs. It’s in a prime spot on the western edge of North Park, close to Hillcrest, Balboa Park’s Morley Field, charming historic neighborhoods, great shopping, dining, and recreation. Morley Field, just blocks away, has swimming and tennis, with easy access to Balboa Park via Alabama Street. Residents must be 55+, but buyers can be any age. The complex boasts amenities like billiards, a craft room, library, fitness room, and laundry facilities—all conveniently on the same floor as this condo. Each unit includes storage space and access to gated, unassigned off-street parking on a first-come basis. The community also has elevator access and plenty of peaceful indoor and outdoor seating areas. The $403/month HOA fee covers water, trash, sewer, common area upkeep, landscaping, building maintenance, limited insurance, and pest control. This condo is priced to sell!
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 | 1,002.307 |
| Lot Size | 66,056 | 75,574.68 |
| Price | $242.0K | $596.0K |
| Price per sq ft | $640 | $612 |
| Built year | 1981 | 1985 |
| HOA | $403.0 | $529 |
| Days on market | 77 | 55 |
Aug 12, 2026
$242,000
$247,000
-2% Price Drop
Initial Listing
Jul 13, 2026
$247,000
$249,000
-1% Price Drop
Initial Listing
Jun 24, 2026
$249,000
Initial Listing
Jun 29, 2018
$160,000
Public Record
Dec 10, 1999
$31,500
Public Record