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

4240 Menlo Ave 9, San Diego, California 92115 home-pic-0

4240 Menlo Ave 9

San Diego, California 92115

ACTIVE
CONDITION: GOOD
1Beds
1Baths
556Sq Ft
22,335Lot Size

Property Price

LIST PRICE$285,000

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
33%
Baths1.02.0
41%
Square foot556874
17%
Lot Size22,3351.98
70%
Price$285.0K$440.0K
9%
Price per sq ft$513$525
45%
Built year19821982
50%
HOA$276.0$442
13%
Days on market15169
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

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