3950 Ohio St 225, San Diego, California 92104, San Diego, 92104 - 2 bed, 2 bath
Loading property details...
San Diego, California 92104
This Deed-Restricted Condominium represents a Strong Value Opportunity, listed at $427,305—positioned well below the $460,999 Fair Market Value by 7%. This valuation gap provides $33,694 in Instant Equity for qualified buyers. Featuring a Condition Rating of 3, the unit offers a functional, move-in ready layout with a private balcony and access to premium amenities like a spa and gym. Located in the heart of North Park near top-rated schools like McKinley Elementary, this is an ideal acquisition for first-time homebuyers or income-qualified residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3950 Ohio St 225 Subject | $427,305* List Price | 2 | 2 | 1,090 | $423 | - |
A 3950 Ohio St 421 Pending | $378,563 List Price | 1 | 1 | 795 | $476 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. While the kitchen and bathrooms feature original builder-grade finishes like tile countertops and white appliances, the unit has been updated with wood-look flooring and appears functional with no immediate maintenance needs.
Elementary School: McKinley Elementary School (9/10).
Situated in the heart of North Park, this property offers an exceptional urban lifestyle with a high walkability score to local restaurants, coffee shops, grocery stores, and parks.
Priced significantly below standard market rates for the 92104 zip code, this unit provides a rare entry point for first-time homebuyers to own a 2-bedroom condo in a high-demand area.
As a deed-restricted unit, the sale is limited to buyers who meet specific San Diego Housing Commission income and qualification guidelines, significantly narrowing the pool of eligible applicants.
The monthly HOA fee of $685.16 is relatively high, which may impact the overall monthly affordability and debt-to-income ratios for budget-conscious buyers.
*Deed Restricted Unit* DO NOT CONTACT SDHC DIRECTLY. Buyer must meet income and qualifications guidelines. AMAZING opportunity for first time homebuyer to purchase at below market price with as little as 3% down. Let's see if you qualify! Contact listing agent for details. North Parks Gem @La Boheme-- Beautiful light filled split floor-plan with two bedroom, two bath with upgraded wood look floors in the living area. Large walk in closets in both bedrooms. Primary bath has double sink vanity and large tub shower combo. Spacious open living, dining and kitchen area with balcony. Full size side by side laundry closet. Two tandem parking. HOA provides secured building with onsite manager, gym, spa/hot tub, sauna, community room/game room with kitchen, dog wash station, internet and water included. Location is ideal- the heart of North Park, walkable to grocery, restaurants, coffee shops and parks.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,090 | 999 |
| Lot Size | 54,842 | 84,697.5 |
| Price | $427.3K | $604.2K |
| Price per sq ft | $392 | $618 |
| Built year | 2006 | 1985 |
| HOA | $685.16 | $500 |
| Days on market | 21 | 53 |
Jul 1, 2026
$427,305
Initial Listing
Feb 22, 2008
$207,500
Public Record