3940 Gresham St 152, San Diego, California 92109, San Diego, 92109 - 2 bed, 2 bath

3940 Gresham St 152, San Diego, California 92109 home-pic-0

3940 Gresham St 152

San Diego, California 92109

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,559Sq Ft
87,193Lot Size

Property Price

LIST PRICE$2,175,000

SUMMARY

Analysis of 3940 Gresham St 152, San Diego, California 92109 is currently available with a list price of $2,175,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although the building was constructed in 1974, this penthouse unit has undergone a meticulous and extensive recent renovation. The property features a high-end remodeled kitchen with marble countertops, soft-close cabinetry, and premium stainless steel appliances. With elegant finishes throughout, a modern open layout, and no deferred maintenance, the interior condition meets the highest standards for a luxury residence.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Bird Rock Elementary School (10/10).

  • Panoramic Waterfront Views

    As a top-floor penthouse crowning Sail Bay, this residence offers rare, unobstructed southwest panoramas of the bay and Pacific horizon from the living areas, kitchen, and both bedrooms.

  • Premium Renovations & Privacy

    The interior features a meticulously remodeled kitchen with marble countertops and high-end appliances, complemented by a unique layout with no shared living-area walls for maximum tranquility.

CONSRISKS & DEFICIENCIES

  • High Monthly Carrying Costs

    The association fee is $1,440 per month, which represents a significant recurring expense that may impact the overall affordability for some luxury buyers.

  • Aging Building Infrastructure

    While the unit itself is beautifully renovated, the building was constructed in 1974, which may lead to higher long-term maintenance requirements or potential assessments for the 50-year-old complex.

About 3940 Gresham St 152

Gracing the shoreline of Sail Bay, this exceptional top-floor penthouse in Bay Scene’s coveted Tower One offers refined waterfront living with sweeping southwest views of the bay and Pacific horizon. Framed by a majestic 150-year-old Torrey Pine, panoramic vistas extend from the living room, dining area, kitchen, and both bedrooms. Spanning approximately 1,559 square feet, the beautifully renovated two-bedroom, two-bath residence is designed for privacy and functionality, with no shared living-area walls, ideal bedroom separation, in-unit laundry, and ample storage. Timeless finishes include a remodeled kitchen with granite countertops, soft-close cabinetry, and stainless-steel appliances. A covered balcony invites you to relax and enjoy the coastal scenery. The home includes two assigned underground parking spaces and access to a secure garage with car-washing area. Bay Scene is Sail Bay’s premier bayfront condominium community, offering resort-style amenities: a heated waterfront pool and spa, BBQ areas, fitness center, clubhouse, kayak and paddleboard storage, elevators, secure entry, and direct access to the sand and boardwalk. Just moments from the ocean, parks, shops, and dining, this rare penthouse delivers luxury coastal living at its finest.

Property Details

Public Facts

Property Type
Condominium
Year Built
1974
Lot Size
87,193 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1440.0 / Month

Neighborhood Insights

San Diego Unified Schools

Crown Point Jr Music Academy

Grades K-5 • 0.3 mi

7/10

Pacific Beach Elementary School

Grades K-5 • 1.3 mi

7/10

Sessions Elementary School

Grades K-5 • 1.4 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,559940.5
89%
Lot Size87,1933,932.5
90%
Price$2.17M$890.0K
96%
Price per sq ft$1.4K$897
89%
Built year19741975
31%
HOA$1440.0$472
96%
Days on market7153
4%

Pricing History

Listed for Sale

Feb 28, 2026

$2,175,000

Initial Listing

Sold

Sep 18, 2014

$865,000

Public Record

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