4020 Mississippi 2, San Diego, California 92104, San Diego, 92104 - 1 bed, 1 bath

4020 Mississippi 2, San Diego, California 92104 home-pic-0
ACTIVE$389,000
4020 Mississippi 2, San Diego, California 92104
1Bed
1Bath
547Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Urban Location & Walkability: Located in the heart of trendy North Park, one of San Diego’s most desirable neighborhoods, with an impressive Walk Score of 91, providing easy access to local cafes, restaurants, shopping, and nightlife.
Top Cons:
Compact Living Space: At 547 sqft with 1 bedroom and 1 bathroom, the unit offers limited living space, which may not suit buyers requiring more room or flexibility.

Compared to the nearby listings

Price:$389.0K vs avg $565.0K ($-176,000)20%
Size:547 sqft vs avg 782 sqft16%
Price/sqft:$711 vs avg $68457%

More Insights

Built in 1970 (55 years old).
Condition: Built in 1970, this condo has received recent cosmetic updates like fresh paint and new laminate flooring, making it move-in ready. The kitchen includes newer microwave and dishwasher, but the cabinets, range, refrigerator, and the entire bathroom (vanity, tile, fixtures) are significantly outdated in style and likely age. While functional and clean, these core components show clear signs of being aged and would require more substantial updates to meet modern standards.
Year Built
1970
Close
-
List price
$389K
Original List price
$439K
Price/Sqft
$711
HOA
$305
Days on market
-
Sold On
-
MLS number
250032786SD
Home ConditionFair
Features
View-

About this home

Welcome to this charming 1BR 1BA condo located in a small gated complex in the heart of trendy North Park—one of San Diego’s most desirable neighborhoods! With an impressive Walk Score of 91, you’ll enjoy easy access to local cafes, restaurants, shopping, and nightlife. Inside, the open-concept kitchen and dining area create a bright, inviting space perfect for entertaining. The kitchen offers ample storage along with a newer built-in microwave and dishwasher. The living room and bedroom feature beautiful laminate flooring, and the entire unit has been freshly painted—ready for you to move right in! This well-maintained complex provides both privacy and convenience in a vibrant urban setting. Perfect for first-time buyers or as an investment opportunity!

Condition Rating
Fair

Built in 1970, this condo has received recent cosmetic updates like fresh paint and new laminate flooring, making it move-in ready. The kitchen includes newer microwave and dishwasher, but the cabinets, range, refrigerator, and the entire bathroom (vanity, tile, fixtures) are significantly outdated in style and likely age. While functional and clean, these core components show clear signs of being aged and would require more substantial updates to meet modern standards.
Pros & Cons

Pros

Prime Urban Location & Walkability: Located in the heart of trendy North Park, one of San Diego’s most desirable neighborhoods, with an impressive Walk Score of 91, providing easy access to local cafes, restaurants, shopping, and nightlife.
Turnkey Condition: The entire unit has been freshly painted and features beautiful laminate flooring, making it move-in ready for immediate occupancy.
Open-Concept Living Area: The open-concept kitchen and dining area create a bright and inviting space, ideal for modern living and entertaining.
Updated Kitchen Features: The kitchen includes newer built-in appliances (microwave and dishwasher) and ample storage, enhancing its functionality and appeal.
Strong Market Appeal: Explicitly marketed as perfect for first-time buyers or as an investment opportunity, highlighting its broad market potential.

Cons

Compact Living Space: At 547 sqft with 1 bedroom and 1 bathroom, the unit offers limited living space, which may not suit buyers requiring more room or flexibility.
History of Price Reductions: Multiple price drops from the original list price of $439,000 to the current $389,000 could indicate initial overpricing or challenges in attracting buyers, potentially raising questions about its perceived market value.
Absence of Key Modern Amenities: The property description does not mention in-unit laundry or air conditioning, which are often expected features in contemporary condos and could be a drawback for some buyers.

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