4240 Menlo Ave 9, San Diego, California 92115, San Diego, 92115 - 1 bed, 1 bath

4240 Menlo Ave 9
San Diego, California 92115
Property Price
SUMMARY
Analysis of 4240 Menlo Ave 9, San Diego, California 92115 is currently available with a list price of $285,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready with a modernized kitchen featuring solid surface countertops and updated appliances. It includes the significant upgrade of central heating and air conditioning, which is a premium feature for a 1982 build. The interior appears well-maintained with low-maintenance flooring and functional systems, requiring no immediate renovations for occupancy.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Priced at $285,000, this is the only one-bedroom unit under $300,000 in the vicinity, offering significant value compared to the last complex sale of $389,000.
- Modern Interior Upgrades
The condo features a modernized kitchen with solid surface countertops and updated appliances, complemented by the rare inclusion of central heating and air conditioning.
- Strategic Growth Location
Situated in a high-growth area of Mid-City, the property is poised for long-term appreciation due to the Mid-City Communities Plan's focus on upzoning and infrastructure reinvestment.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At just 556 square feet, the compact living space may feel restrictive for some buyers and limits the unit's appeal to single occupants or minimalists.
- Conditional Parking Availability
While one space is assigned, a second parking spot is not guaranteed and is subject to HOA availability and an additional monthly fee in a dense urban area.
About 4240 Menlo Ave 9
Welcome to your next high-performing Mid-City investment and future home base in the heart of Teralta East. This spacious condo checks all the boxes today, with upside potential for tomorrow. Enjoy year-round comfort with central heat and AC, plus the convenience of one assigned parking space. Need more parking? A second space may be rented from the HOA (subject to availability, for a monthly fee), a rare perk in this vibrant urban corridor. Gated/secure entrance to the common grounds. Inside, the primary bedroom features its own private balcony – the perfect spot for morning coffee, evening wind-downs, or a quiet work-from-home break. The kitchen has been updated with solid surface countertops and updated appliances. The community’s central location puts you close to freeways, transit, shops, and dining, making it highly attractive to both owner-occupants and renters. Even better, this pocket of Mid-City is poised for long-term growth thanks to the Mid-City Communities Plan, which envisions continued upzoning, infrastructure upgrades, and reinvestment in the surrounding area. That combination of livability today and planning-driven improvement tomorrow makes this an amazing opportunity for the savvy buyer looking for both lifestyle and long-run appreciation potential. The last one-bedroom unit in this complex sold for $389,000. We are the only 1 bedroom unit under $300K in the near vicinity. Don't miss this opportunity! With a thoughtful layout and inviting atmosphere, this 1 bedroom 1 bath condo unit offers easy, low-maintenance living. Located within walking distance to local shops, restaurants, parks, and public transit, plus quick freeway access for commuting anywhere in San Diego.
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
- $276.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 556 | 874 | 17% |
| Lot Size | 22,335 | 1.98 | 70% |
| Price | $285.0K | $440.0K | 9% |
| Price per sq ft | $513 | $525 | 45% |
| Built year | 1982 | 1982 | 50% |
| HOA | $276.0 | $442 | 13% |
| Days on market | 15 | 169 | 4% |
Pricing History
Listed for Sale
Feb 20, 2026
$285,000
Initial Listing
Sold
Jun 14, 2018
$175,000
Public Record
Sold
Nov 22, 2010
$50,000
Public Record
Sold
Jun 8, 2004
$195,000
Public Record
Sold
Oct 22, 1999
$46,500
Public Record












