4051 Iowa 3, San Diego, California 92104, San Diego, 92104 - 2 bed, 2 bath
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4051 Iowa 3
San Diego, California 92104
ACTIVE
CONDITION: FAIR
2Beds
2Baths
812Sq Ft
0Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$525,828
4% AboveMARKET VALUE
SUMMARY
This 2-BR 2-BA North Park Condominium is a Strong Value Opportunity, listed at $549,000—positioned well above the $525,828 Fair Market Value by -4%. Featuring a Condition Rating of 4, this home offers modern comforts like central A/C, in-unit laundry, and a private side patio. The rare inclusion of an attached 1-car garage plus assigned parking provides significant utility in this dense urban market. This property is an ideal choice for first-time buyers or low-maintenance seekers prioritizing location and convenience.
Estimated Market Value
$525,828
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 |
|---|---|---|---|---|---|---|
★ 4051 Iowa 3 Subject 2 bd · 2 ba · 812 sqft · $648 | $549,000* List Price | 2 | 2 | 812 | $648 | - |
A 3984 Illinois Street 1 Sold 2 bd · 2 ba · 837 sqft · $625 · 0.1 mi | $523,000 | 2 | 2 | 837 | $625 | 0.1 mi |
B 3745 Villa Terrace 7 Sold 2 bd · 2 ba · 735 sqft · $755 · 0.6 mi | $555,000 | 2 | 2 | 735 | $755 | 0.6 mi |
C 3938 Arizona Street 8 Sold 2 bd · 2 ba · 754 sqft · $749 · 0.7 mi | $565,000 | 2 | 2 | 754 | $749 | 0.7 mi |
D 4357 Oregon Street 7 Sold 2 bd · 2 ba · 816 sqft · $545 · 0.6 mi | $445,000 | 2 | 2 | 816 | $545 | 0.6 mi |
E 4244 Cherokee Ave 4 Sold 2 bd · 2 ba · 818 sqft · $715 · 0.7 mi | $585,000 | 2 | 2 | 818 | $715 | 0.7 mi |
F 4150 Texas St 1 Sold 2 bd · 2 ba · 849 sqft · $660 · 0.8 mi | $560,000 | 2 | 2 | 849 | $660 | 0.8 mi |
G 4357 Arizona Street 5 Sold 2 bd · 2 ba · 852 sqft · $675 · 0.7 mi | $574,999 | 2 | 2 | 852 | $675 | 0.7 mi |
H 4164 Cherokee Avenue W E Active 2 bd · 2 ba · 806 sqft · $620 · 0.7 mi | $500,000 List Price | 2 | 2 | 806 | $620 | 0.7 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 1985 (39 years old), the property is well-maintained with recent cosmetic updates including new carpet and interior paint. However, it remains dated with original 1980s features like mirrored closet doors and older fireplace tiling; while move-in ready, it lacks the comprehensive kitchen/bath renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: McKinley Elementary School (9/10).
- Exceptional Parking Assets
The property features both an attached 1-car garage and an additional assigned parking space, a rare and highly valuable combination in the high-density North Park neighborhood.
- Low Ownership Costs
With HOA dues set at a competitive $299 per month within a boutique 8-unit community, this condo offers significantly lower monthly carrying costs than many comparable San Diego listings.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At 812 square feet for a two-bedroom, two-bathroom configuration, the living spaces may feel constrained for buyers accustomed to more expansive layouts.
- Mixed School Ratings
While local elementary schools perform well, the assigned middle and high schools have lower ratings, which could be a drawback for families prioritizing specific educational districts.
About 4051 Iowa 3
Welcome to this charming 2-BR 2-BA condo in the heart of North Park! Offering 812 square feet of comfortable living space, this well-maintained home features newer interior paint and central A/C for year-round comfort. The thoughtfully designed floor plan includes a cozy fireplace, new carpet, and an in-unit washer and dryer. The home also offers an attached 1-car garage plus an additional assigned parking space a highly sought-after feature and a rare find in North Park adding tremendous value to this home. Enjoy your own private side patio, providing a nice outdoor space to relax and take in some fresh air. Located in a boutique community of only 8 units with low HOA dues, this home offers an intimate and private setting while still putting you close to everything North Park has to offer. Easy access to shopping, dining, entertainment, major freeways, and an array of popular restaurants and neighborhood attractions. Whether you're a first-time buyer, looking for a low-maintenance home, or seeking an opportunity, this North Park condo offers an excellent combination of comfort, convenience, parking, low HOA dues, and a fantastic location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $299.0 / Month
Neighborhood Insights
San Diego Unified Schools
Edison Elementary School
Grades K-5 • 0.5 mi
7/10
Jefferson Elementary School
Grades K-5 • 0.5 mi
6/10
Garfield Elementary School
Grades K-5 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 812 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $549.0K | $598.4K |
| Price per sq ft | $676 | $607 |
| Built year | 1985 | 1986 |
| HOA | $299.0 | $536 |
| Days on market | 13 | 58 |
Pricing History
Listed for Sale
Oct 12, 2026
$549,000
Initial Listing