4051 Fanuel #8, San Diego, California 92109, San Diego, 92109 - 2 bed, 2 bath
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San Diego, California 92109
This Turnkey Coastal Condominium is a Strong Value Opportunity, listed at $850,000—positioned well above the $793,870 Fair Market Value by 7%. While currently priced above the estimation, the property offers a Condition Rating of 3, featuring a renovated kitchen, updated bathrooms, and in-unit laundry. Located steps from Sail Bay and the Boardwalk, it provides a premium lifestyle for outdoor enthusiasts. With access to top-tier schools like Bird Rock Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking low-maintenance coastal living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4051 Fanuel #8 Subject | $850,000* List Price | 2 | 2 | 865 | $980 | - |
A 4007 Everts Street 4d Sold | $1,002,500 | 2 | 2 | 989 | $1,014 | 0.1 mi |
B 1251 Parker Pl 2d Sold | $970,000 | 2 | 2 | 980 | $990 | 0.1 mi |
C 4013 Crown Point Dr 2 Sold | $993,000 | 2 | 2 | 913 | $1,088 | 0.8 mi |
D 3923 Riviera Drive A Sold | $1,068,000 | 2 | 2 | 1,052 | $1,015 | 0.2 mi |
E 1278 Pacific Beach Dr 3 Sold | $740,000 | 2 | 2 | 1,032 | $717 | 0.1 mi |
F 1251 Parker Pl. 2j Active | $929,000 List Price | 2 | 2 | 971 | $957 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1975, the unit has been significantly updated with modern flooring, a renovated kitchen featuring stainless steel appliances and shaker cabinets, and updated bathrooms. It is well-maintained and move-in ready, consistent with a 5-15 year renovation profile.
Elementary School: Bird Rock Elementary School (10/10).
Situated directly across from Sail Bay and the Boardwalk, this property offers an exceptional lifestyle for outdoor enthusiasts with immediate access to paddle boarding, biking, and Fanuel Street Park.
The unit features updated flooring, kitchen, and bathrooms, providing a turnkey, move-in-ready experience that is highly attractive for both owner-occupants and rental investors.
With 98 days on the market and four consecutive price reductions from the original $910,000, the property has faced challenges in gaining traction at its previous price points.
At 865 square feet for a two-bedroom unit with only 1.5 bathrooms, the interior footprint is relatively small, which may limit its appeal to buyers seeking more spacious accommodations.
Prime location across from Sail Bay, the Boardwalk and Fanuel Street Park. Just steps to the Bay and 6 blocks to the Beach. Sunny active bayside setting ideal for walking, biking, skating, paddle boarding, boating and all outdoor enthusiasts. This charming 2 Bed / 1.5 Bath unit is in a private and quiet location tucked far off the street and features updated flooring, kitchen and bathrooms, large balconies, a fireplace, and in-unit laundry. Owners enjoy 1 private parking space, a personal garage locker for bikes and beach gear and a shared outdoor patio. Quaint HOA (10 units) offers gated entry, locked underground parking garage and has strong appeal for both investors and owner-occupants seeking low-maintenance coastal living.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 865 | 984.5 | 41% |
| Lot Size | 10,018.8 | 1,089.185 | 76% |
| Price | $850.0K | $899.5K | 46% |
| Price per sq ft | $983 | $888 | 57% |
| Built year | 1975 | 1975 | 50% |
| HOA | $450.0 | $494 | 46% |
| Days on market | 137 | 140 | 45% |
May 8, 2026
$850,000
$855,000
-1% Price Drop
Initial Listing
Apr 21, 2026
$855,000
$880,000
-3% Price Drop
Initial Listing
Feb 16, 2026
$880,000
$910,000
-3% Price Drop
Initial Listing
Jan 30, 2026
$910,000
Initial Listing
Dec 31, 2020
$639,000
Public Record
Mar 30, 2017
$569,000
Public Record
Sep 28, 2016
$549,000
Public Record
Jul 25, 2016
$329,000
Public Record