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4253 5th Avenue, San Diego, California 92103, San Diego, 92103 - 2 bed, 2 bath

4253 5th Avenue, San Diego, California 92103 home-pic-0
ACTIVE$744,500$1,061/sqft
4253 5th Avenue, San Diego, California 92103
2Beds
2Baths
1,061Sqft
5.85Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Financial Incentive: Seller-offered 2-1 interest rate buydown significantly reduces initial mortgage payments for buyers, making it more attractive in the current market.
Top Cons:
High Monthly HOA Fee: The $557 monthly association fee is substantial and adds significantly to the overall cost of ownership, which may impact affordability.

Compared to the nearby listings

Price:$744.5K vs avg $759.0K ($-14,500)47%
Size:1,061 sqft vs avg 1,122 sqft41%
Price/sqft:$702 vs avg $70849%

More Insights

Built in 1973 (53 years old).
Condition: Despite being built in 1973, this condo has undergone significant and recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern stainless steel appliances, granite countertops, updated cabinetry with smart storage solutions, and recessed lighting. Both bathrooms have contemporary vanities, updated fixtures, and modern tile work, indicating a renovation within the last 5-15 years. The living areas boast dark hardwood floors, and bedrooms have well-maintained carpet. While the property lacks central air conditioning (a wall unit is present in the master), the overall condition is move-in ready with no immediate renovations required, aligning with the 'Good' criteria for a property extensively renovated within the last 5 to 15 years.
Year Built
1973
Close
-
List price
$745K
Original List price
$750K
Price/Sqft
$702
HOA
$557
Days on market
-
Sold On
-
MLS number
NDP2600187
Home ConditionGood
Features
Good View: Canyon, Hills
Deck
ViewCanyon, Hills

About this home

Open House Cancelled for Saturday 1/17. WOW! 2–1 INTEREST RATE LENDER BUYDOWN agreed to by seller. Buyers, this means 4.25% interest rate the 1st year, 5.25% the 2nd year, then standard rate applies. Enjoy this private, stunning 2 bedroom condo with Gorgeous Canyon Views from your living room, dining room & kitchen. Granite counter topped kitchen has stainless steel appliances, recessed lighting & tons of storage. Enjoy a glass of wine or flowering plants/herb garden on your outside patio. Expansive master bedroom has ensuite bathroom & walk in closet. Master bedroom has enough room for your home office. Guest bedroom features Murphy Bed which can be folded up to transform the space into your own art, yoga, work out room or separate office. Stacked Bosch washer/dryer are quiet & inside closet. 2 assigned parking spaces are out in front of home. Enjoy the community pool & tennis courts. Walk around Hillcrest & devour the culinary scene w/diverse restaurants, farmer's markets, & shopping. Close to Balboa Park, USCD & Scripps Mercy Medical Centers & freeway access.

D
Dawn Van Siclen
Listing Agent
Condition Rating
Good
Despite being built in 1973, this condo has undergone significant and recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern stainless steel appliances, granite countertops, updated cabinetry with smart storage solutions, and recessed lighting. Both bathrooms have contemporary vanities, updated fixtures, and modern tile work, indicating a renovation within the last 5-15 years. The living areas boast dark hardwood floors, and bedrooms have well-maintained carpet. While the property lacks central air conditioning (a wall unit is present in the master), the overall condition is move-in ready with no immediate renovations required, aligning with the 'Good' criteria for a property extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Financial Incentive: Seller-offered 2-1 interest rate buydown significantly reduces initial mortgage payments for buyers, making it more attractive in the current market.
Panoramic Canyon Views: Stunning canyon and hill views are enjoyed from the living room, dining room, and kitchen, enhancing the property's appeal and living experience.
Updated Kitchen: The kitchen features modern upgrades including granite countertops, stainless steel appliances, recessed lighting, and ample storage.
Versatile Living Spaces: The master bedroom offers space for a home office, and the guest bedroom includes a Murphy bed, providing flexible use for various needs like an art studio, yoga room, or additional office.
Prime Location & Amenities: Located in desirable Hillcrest, offering walkability to diverse restaurants, farmer's markets, shopping, Balboa Park, medical centers, and freeway access, complemented by community pool and tennis courts.

Cons

High Monthly HOA Fee: The $557 monthly association fee is substantial and adds significantly to the overall cost of ownership, which may impact affordability.
Building Age: Constructed in 1973, the building's age may imply potential for future maintenance or special assessment concerns for common elements, despite interior unit updates.
Lack of Central Air Conditioning: The property description does not mention central air conditioning, which could be a significant drawback during San Diego's warmer months for some buyers.
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