
San Diego, California 92109
This Crown Point condominium represents a High-Potential Investment Opportunity, listed at $835,000. While currently priced above the $739,339 Fair Market Value, the property offers a unique Buy-and-Hold Investor profile due to its Short-Term Rental zoning and Condition Rating of 3. Featuring a newly installed air source heat pump and a newly updated roof, the unit is move-in ready. Its proximity to Bird Rock Elementary (10/10) and coastal recreation makes it an ideal acquisition for vacation rental operators seeking a turnkey, income-producing asset in a high-demand San Diego neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3800 Kendall St Unit 3 Subject 2 bd · 1 ba · 798 sqft · $926 | $835,000* List Price | 2 | 1 | 798 | $926 | - |
A 4051 Fanuel #8 Sold 2 bd · 2 ba · 865 sqft · $908 · 0.6 mi | $785,000 | 2 | 2 | 865 | $908 | 0.6 mi |
B 3833 Lamont St 2h Sold 2 bd · 2 ba · 839 sqft · $858 · 0.2 mi | $720,000 | 2 | 2 | 839 | $858 | 0.2 mi |
C 3920 Riviera Dr A Sold 1 bd · 1 ba · 786 sqft · $1,075 · 0.4 mi | $845,000 | 1 | 1 | 786 | $1,075 | 0.4 mi |
D 3991 Crown Point Dr 112 Sold 1 bd · 1 ba · 663 sqft · $944 · 0.4 mi | $625,730 | 1 | 1 | 663 | $944 | 0.4 mi |
E 3993 Jewell St B19 Sold 1 bd · 1 ba · 582 sqft · $1,005 · 0.2 mi | $585,000 | 1 | 1 | 582 | $1,005 | 0.2 mi |
F 1235 Parker 3k Pending 2 bd · 2 ba · 866 sqft · $1,126 · 0.7 mi | $975,000 List Price | 2 | 2 | 866 | $1,126 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1969 build date, the property is well-maintained and move-in ready. It features significant recent system upgrades including a newly installed air source heat pump and a new roof for the complex. The interior appears clean and updated enough for immediate short-term rental use.
Elementary School: Bird Rock Elementary School (10/10).
The HOA explicitly allows short-term rentals, providing a turnkey opportunity for high-yield Airbnb or VRBO income in a premier coastal destination.
Situated in a highly desirable neighborhood, the property offers exceptional walkability to Mission Bay, local beaches, and popular dining and recreation hubs.
The 2-bedroom, 1-bath configuration may limit appeal for families or groups who prioritize a second bathroom for convenience and privacy.
The lack of in-unit laundry requires residents to use a communal on-site facility, which is a notable convenience drawback at this price point.
Bright, spacious, and ideally located in the heart of Crown Point, this charming 2-bedroom, 1-bath residence in a small 4-unit complex offers the perfect blend of comfort and coastal living. The HOA allows short-term rentals, making this an excellent option for Airbnb or VRBO income right out of the gate. Filled with natural light, the home features an inviting layout with generously sized living spaces and a warm, airy feel throughout. A newly installed air source heat pump provides both heating and cooling, keeping the home comfortable year-round. Community highlights include a newly updated roof and on-site laundry room. The HOA covers water and trash, making for easy, low-maintenance living. Enjoy an unbeatable location just moments from Mission Bay, beaches, parks, local cafes, and some of San Diego's best dining and recreation. Whether you're looking for a primary residence, vacation getaway, or income-producing investment, this is a rare chance to own in one of Pacific Beach's most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 798 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $835.0K | $598.4K |
| Price per sq ft | $1.0K | $607 |
| Built year | 1969 | 1986 |
| HOA | $400.0 | $536 |
| Days on market | 24 | 58 |
Oct 1, 2026
$835,000
Initial Listing
Sep 19, 2024
$760,000
Public Record
Jan 5, 2017
$421,000
Public Record
Feb 2, 2000
$140,000
Public Record