4240 Menlo Ave 19, San Diego, California 92115, San Diego, 92115 - 1 bed, 1 bath
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4240 Menlo Ave 19
San Diego, California 92115
ACTIVE
CONDITION: GOOD
1Beds
1Baths
556Sq Ft
22,335Lot Size
Property Price
LIST PRICE$338,000
EST. MARKET VALUE
$313,431
7% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $338,000—positioned well above the $313,432 Fair Market Value by 7%. While priced at a premium, the property offers a Condition Rating of 3, featuring recent upgrades like new appliances and fresh paint. With in-unit laundry, elevator access, and a private patio, this home provides a low-maintenance lifestyle in a high-demand area near SDSU. It is an ideal acquisition for first-time buyers or buy-and-hold investors seeking a stable, move-in ready asset in Central San Diego.
Estimated Market Value
$313,431
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 |
|---|---|---|---|---|---|---|
★ 4240 Menlo Ave 19 Subject | $338,000* List Price | 1 | 1 | 556 | $564 | - |
A 4240 Menlo Ave 9 Sold | $280,000 | 1 | 1 | 556 | $504 | 0.0 mi |
B 4921 Trojan Ave 7 Sold | $355,000 | 1 | 1 | 513 | $692 | 0.4 mi |
C 4230 48th St 2 Sold | $305,000 | 1 | 1 | 558 | $547 | 0.2 mi |
D 4230 48th St 9 Sold | $310,000 | 1 | 1 | 558 | $556 | 0.2 mi |
E 4921 Trojan Avenue 3 Sold | $315,000 | 1 | 1 | 526 | $599 | 0.4 mi |
F 4921 Trojan Street 8 Active | $355,000 List Price | 1 | 1 | 513 | $692 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1982 but recently refreshed with new countertops, new stainless steel appliances, and fresh paint. The unit is move-in ready with updated flooring and in-unit laundry, though the cabinetry and bathroom fixtures reflect a well-maintained older style rather than a full modern gut renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The unit is move-in ready with recent interior upgrades including new countertops, new appliances, and fresh paint, offering a modern feel without immediate renovation costs.
- High-Value Amenities
This top-floor unit provides premium conveniences rarely found at this price point, including in-unit laundry, elevator access, and a dedicated parking space.
- Strategic Location
Ideally situated in Central San Diego near SDSU and major freeways, the property offers excellent accessibility and high rental demand for investors or students.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At only 556 square feet, the compact living area may be a constraint for buyers with significant storage needs or those seeking a more spacious layout.
- Building Age
Constructed in 1982, the property may face higher long-term maintenance requirements or potential future assessments compared to newer condominium developments.
About 4240 Menlo Ave 19
Fresh, move-in ready, and ideally located, this top-floor condo offers comfortable living in the heart of Central San Diego. Enjoy the convenience of elevator access, in-unit laundry, and a dedicated parking space. Inside, you'll find a bright, refreshed interior featuring new countertops, new appliances, fresh paint, and a functional open layout designed for easy everyday living. Step outside to your own private patio—the perfect spot to enjoy your morning coffee or unwind at the end of the day. Conveniently located just minutes from SDSU, shopping, restaurants, and with easy freeway access, this home places you close to everything Mid-City has to offer. Whether you're a first-time buyer, student, or investor, this low-maintenance home is an excellent opportunity to enjoy the best of central San Diego living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 22,335 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $279.0 / Month
Neighborhood Insights
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 | 556 | 1,002.307 |
| Lot Size | 22,335 | 75,574.68 |
| Price | $338.0K | $596.0K |
| Price per sq ft | $608 | $612 |
| Built year | 1982 | 1985 |
| HOA | $279.0 | $529 |
| Days on market | 27 | 55 |
Pricing History
Listed for Sale
Aug 13, 2026
$338,000
Initial Listing
Sold
Apr 17, 2001
$65,000
Public Record
Sold
Jan 8, 1998
$33,000
Public Record