
San Diego, California 92122
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well below the $378,511 Fair Market Value by -1.7%. While the property requires a full cosmetic rehab given its Fair Condition Rating, it offers significant rental demand near UCSD and top-rated schools like Doyle Elementary and University City High. Featuring a covered patio, in-unit laundry, and garage parking, this asset provides a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the UTC market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3969 Mahaila 106 Subject 1 bd · 1 ba · 711 sqft · $532 | $385,000* List Price | 1 | 1 | 711 | $532 | - |
A 4044 Crystal Dawn Ln 103 Sold 1 bd · 1 ba · 835 sqft · $551 · 0.1 mi | $460,000 | 1 | 1 | 835 | $551 | 0.1 mi |
B 3990 Nobel 103 Pending 1 bd · 1 ba · 849 sqft · $577 · 0.0 mi | $489,900 List Price | 1 | 1 | 849 | $577 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Property is over 30 years old (built 1991) and appears to be in original condition. The listing describes it as a 'diamond in the rough' with 'tremendous potential,' which are industry terms for a fixer-upper. Images show heavily stained/soiled carpeting and a dated bathroom with an aged tub surround. While the HVAC is noted as newer, the interior requires a full cosmetic rehab.
Elementary School: Doyle Elementary School (9/10). High School: University City High School (9/10).
Situated in the heart of UTC near UCSD, shopping, and dining, this property offers exceptional convenience and high rental demand for students and professionals.
Priced under $400,000, this condo represents a rare entry-level opportunity in a highly desirable San Diego neighborhood with strong appreciation potential.
Described as a 'diamond in the rough,' the property likely requires cosmetic updates or renovations to address its current condition and maximize value.
The monthly association fee of $623 is relatively high for a one-bedroom unit and may impact the debt-to-income ratio for budget-conscious buyers.
BEST DEAL in La Jolla/UTC! No age restrictions. Perfect for investors, UCSD students, first time buyers. Spacious one-bedroom condo in the heart of UTC. Newer furnace with A/C, covered patio, in-unit laundry, and garage parking for residents and guests. Unbeatable location near UTC mall, Trader Joe's, Whole Foods, dining, freeways and UC San Diego.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 711 | 1,018.142 |
| Lot Size | 39,021 | 75,257.211 |
| Price | $385.0K | $598.4K |
| Price per sq ft | $541 | $607 |
| Built year | 1991 | 1986 |
| HOA | $623.0 | $536 |
| Days on market | 10 | 58 |
Oct 15, 2026
$385,000
Initial Listing
Oct 13, 2011
$188,000
Public Record
Jul 20, 2006
$275,000
Public Record
Jun 1, 2006
$275,000
Public Record