
San Diego, California 92103
This Industrial Luxury Condominium is a Strong Value Opportunity, listed at $729,000—positioned well above the $686,770 Fair Market Value by 6%. While priced at a premium, the unit features a Condition Rating of 2, showcasing high-end renovations including European oak flooring and modern kitchen finishes. Located in the vibrant Hillcrest neighborhood, this property offers a private balcony and two assigned parking spots. It is an ideal acquisition for Urban Professionals or Owner-Occupants seeking a turnkey, stylish residence in a highly walkable, central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3940 7th 107 Subject | $729,000* List Price | 0 | 1 | 999 | $687 | - |
A 3940 7th Ave 206 Sold | $730,000 | 1 | 1 | 1,178 | $620 | 0.0 mi |
B 1009 Essex St. 6 Sold | $740,000 | 2 | 2 | 972 | $761 | 0.3 mi |
C 3907 Georgia St 12 Sold | $550,000 | 2 | 1 | 1,049 | $524 | 0.8 mi |
D 3983 Normal 4 Sold | $815,000 | 2 | 2 | 1,025 | $795 | 0.6 mi |
E 3650 5th Ave. 505 Sold | $700,000 | 2 | 2 | 1,055 | $664 | 0.3 mi |
F 4212 Maryland Street Apt 1 Sold | $762,500 | 2 | 2 | 1,080 | $706 | 0.5 mi |
G 1030 Robinson Ave 111 Pending | $599,900 List Price | 2 | 2 | 975 | $615 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1997, the unit has undergone a high-end modern renovation. It features updated kitchen and baths, premium European oak flooring, and stainless steel appliances. The industrial luxury finishes are in mint condition, and the exposed HVAC systems appear modern and well-maintained, suggesting a renovation within the last 5 years.
Located in the sought-after Cable building, this unit offers a rare 'industrial luxury' design featuring European oak flooring, exposed brick and metal walls, and authentic antique Egyptian doors that provide distinct character.
The inclusion of two assigned off-street parking spots is a significant competitive advantage in the high-density Hillcrest neighborhood, complemented by the convenience of a full-sized in-unit washer and dryer.
At nearly 1,000 square feet, this one-bedroom unit is exceptionally large and features a massive 10' x 5' walk-in closet along with tastefully updated kitchen and bathroom finishes.
The association fee of $530 per month is relatively high for a one-bedroom unit, which may impact the monthly affordability and overall investment yield for some buyers.
Despite the generous square footage, the single-bedroom configuration limits the property's appeal to a narrower buyer demographic, potentially excluding those who need a dedicated guest room or secondary office.
Nestled in the heart of Hillcrest, the much sought after Cable building boasts industrial luxury with high-end finishes. Unit #107 is spacious, bright, and modern: European oak flooring sets the stage for metal & brick walls, antique Egyptian doors provides the bedroom with privacy & a 10' X 5" walk in closet. The private balcony connects you with the splendor of Hillcrest. Kitchen & bath have been lovingly updated for all your creature comforts. Unit comes with full sized washer/dryer & 2 off-street assigned parking spots
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 3% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 999 | 1,121.5 | 29% |
| Lot Size | 77,074 | - | 92% |
| Price | $729.0K | $740.0K | 47% |
| Price per sq ft | $730 | $693 | 63% |
| Built year | 1997 | 1989 | 70% |
| HOA | $530.0 | $583 | 41% |
| Days on market | 21 | 142 | 10% |
May 16, 2026
$729,000
Initial Listing
Sep 20, 2024
$735,000
Public Record
Apr 30, 2021
$629,000
Public Record
Sep 4, 2018
$539,000
Public Record
Mar 28, 2012
$370,000
Public Record
Oct 15, 1997
$145,000
Public Record