3976 Iowa Street 5, San Diego, California 92104, San Diego, 92104 - 1 bed, 1 bath
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3976 Iowa Street 5
San Diego, California 92104
ACTIVE
CONDITION: FAIR
1Beds
1Baths
600Sq Ft
0Lot Size
Property Price
LIST PRICE$424,900
EST. MARKET VALUE
$404,347
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $424,900—positioned well above the $404,348 Fair Market Value by -5%. While requiring cosmetic updates to address its Condition Rating of 4, the unit features functional upgrades like newer mini-split HVAC systems and a detached garage. Located in a prime North Park neighborhood with high walkability and proximity to McKinley Elementary (9/10), this asset offers significant value-add potential. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Estimated Market Value
$404,347
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3976 Iowa Street 5 Subject 1 bd · 1 ba · 600 sqft · $674 | $424,900* List Price | 1 | 1 | 600 | $674 | - |
A 3946 Utah Street 7 Sold 1 bd · 1 ba · 548 sqft · $776 · 0.4 mi | $425,000 | 1 | 1 | 548 | $776 | 0.4 mi |
B 4221 Iowa St 6 Sold 1 bd · 1 ba · 595 sqft · $765 · 0.3 mi | $455,000 | 1 | 1 | 595 | $765 | 0.3 mi |
C 4180 Louisiana St 2i Sold 1 bd · 1 ba · 576 sqft · $677 · 0.8 mi | $390,000 | 1 | 1 | 576 | $677 | 0.8 mi |
D 3984 Illinois Street 1 Sold 2 bd · 2 ba · 837 sqft · $625 · 0.1 mi | $523,000 | 2 | 2 | 837 | $625 | 0.1 mi |
E 4357 Oregon Street 7 Sold 2 bd · 2 ba · 816 sqft · $545 · 0.6 mi | $445,000 | 2 | 2 | 816 | $545 | 0.6 mi |
F 4223 Arizona St 4 Sold 2 bd · 2 ba · 722 sqft · $741 · 0.7 mi | $535,000 | 2 | 2 | 722 | $741 | 0.7 mi |
G 3951 Idaho St. 5 Active 1 bd · 1 ba · 558 sqft · $679 · 0.4 mi | $379,000 List Price | 1 | 1 | 558 | $679 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984 (40 years old), the property retains its original kitchen and bathroom finishes, including oak cabinetry and tile countertops, which are significantly dated. While the HVAC has been improved with newer mini-split systems and a new washer/dryer, the interior requires cosmetic updates and minor repairs to address the 30+ year old aesthetic.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: McKinley Elementary School (9/10).
- Prime North Park Location
Situated in the heart of North Park, this property offers exceptional walkability to popular restaurants, boutiques, and nightlife, providing a high-demand urban lifestyle with easy freeway access.
- Valuable Functional Upgrades
The unit features modern essentials including newer mini-split HVAC systems for climate control and a new in-unit washer and dryer, offering significant convenience and value for a condo of this vintage.
CONSRISKS & DEFICIENCIES
- Cosmetic Updating Needed
The property is marketed as a 'fixer' opportunity requiring updates and a personal touch, suggesting that the interior finishes are dated and will require immediate capital investment.
- Limited Living Space
At just 600 square feet, the compact footprint may be a drawback for buyers seeking more spacious living areas or a dedicated home office environment.
About 3976 Iowa Street 5
Full of potential, this light and bright condo offers a great opportunity to make it your own! Vaulted ceilings, a cozy fireplace, and plenty of natural light create an inviting living space. Features include newer mini-split systems in both the living room and bedroom, a new in-unit washer and dryer, ample storage, and a detached garage, with new garage door coming soon. Enjoy your own private balcony and a quaint, peaceful courtyard setting. With a little updating and your personal touch, this home has so much to offer! All in a great, convenient location, within walking distance to North Park restaurants and shops, and with easy freeway access.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
San Diego Unified Schools
Jefferson Elementary School
Grades K-5 • 0.4 mi
6/10
Edison Elementary School
Grades K-5 • 0.5 mi
7/10
Garfield Elementary School
Grades K-5 • 0.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 600 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $424.9K | $598.4K |
| Price per sq ft | $708 | $607 |
| Built year | 1984 | 1986 |
| HOA | $435.0 | $536 |
| Days on market | 1 | 58 |
Pricing History
Listed for Sale
Oct 24, 2026
$424,900
Initial Listing
Sold
Mar 22, 2005
$245,000
Public Record