4261 49th Street 3, San Diego, California 92115, San Diego, 92115 - 1 bed, 1 bath
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4261 49th Street 3
San Diego, California 92115
ACTIVE
CONDITION: FAIR
1Beds
1Baths
660Sq Ft
6,969.6Lot Size
Property Price
LIST PRICE$284,000
EST. MARKET VALUE
$282,457
SUMMARY
This High-Potential Investment Opportunity is a 1-bedroom condominium listed at $289,000, positioned well below the $299,024 Fair Market Value by 3%. This valuation gap provides $10,024 in Instant Equity. Featuring stainless steel appliances and in-unit laundry, the property maintains a Condition Rating of 4, indicating it is functional but ready for modernization. Its central location and accessible price point make this a stable asset for Buy-and-Hold Investors or first-time buyers seeking an entry-level San Diego residence.
Estimated Market Value
$282,457
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 |
|---|---|---|---|---|---|---|
★ 4261 49th Street 3 Subject 1 bd · 1 ba · 660 sqft · $428 | $284,000* List Price | 1 | 1 | 660 | $428 | - |
A 4310 54th St 306 Sold 1 bd · 1 ba · 700 sqft · $314 · 0.5 mi | $220,000 | 1 | 1 | 700 | $314 | 0.5 mi |
B 4212 48th St. #7 Sold 2 bd · 1 ba · 761 sqft · $447 · 0.2 mi | $340,000 | 2 | 1 | 761 | $447 | 0.2 mi |
C 4545 Collwood 55 Sold 1 bd · 1 ba · 756 sqft · $463 · 0.6 mi | $350,000 | 1 | 1 | 756 | $463 | 0.6 mi |
D 4859 Collwood B Sold 1 bd · 1 ba · 731 sqft · $499 · 1.0 mi | $365,000 | 1 | 1 | 731 | $499 | 1.0 mi |
E 4545 Collwood Boulevard 39 Pending 1 bd · 1 ba · 756 sqft · $437 · 0.6 mi | $330,000 List Price | 1 | 1 | 756 | $437 | 0.6 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 1981 (43 years old), the property is functional but dated. While it features some cosmetic updates like stainless steel appliances and subway tile in the bath, the presence of a window AC unit and the overall age of the systems and structure suggest it needs minor repairs and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features desirable contemporary finishes including stainless steel appliances, a cozy fireplace with built-in shelving, and a stylishly updated bathroom with a freestanding bathtub and subway tile.
- In-Unit Laundry
The inclusion of dedicated in-unit laundry facilities provides a significant everyday convenience that is often a rare find in smaller, entry-level condominium units.
- Exceptional Market Value
Priced competitively at $289,000 in the San Diego market, this property offers a highly accessible entry point for first-time buyers or a turnkey opportunity for investors seeking rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6969, other record lot size in square feet = 6841.
- Compact Living Space
At 660 square feet, the interior layout is relatively small, which may limit appeal for buyers requiring a home office or additional storage beyond the single bedroom.
- Lack of Private Outdoor Space
The property lacks a private balcony or patio and is listed with no specific view, which may be a drawback for residents looking to enjoy San Diego's outdoor-oriented lifestyle.
About 4261 49th Street 3
Welcome to 4261 49th Street, a charming one-bedroom condo. The inviting living area features a cozy fireplace, built-in shelving and an open layout that flows into the dining and kitchen spaces. The kitchen offers stainless steel appliances and plenty of cabinet storage. The spacious bedroom offers ample closet storage, while the bathroom showcases a classic freestanding bathtub surrounded by crisp white subway tile. In-unit laundry adds an everyday convenience. Parking is conveniently located at the rear of the property. Centrally located with easy access to shopping, dining, transportation and nearby San Diego destinations
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 6,969.6 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / 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 | 660 | 1,018.142 |
| Lot Size | 6,969.6 | 75,257.211 |
| Price | $284.0K | $598.4K |
| Price per sq ft | $430 | $607 |
| Built year | 1981 | 1986 |
| HOA | $350.0 | $536 |
| Days on market | 47 | 58 |
Pricing History
Listed for Sale
Oct 10, 2026
$284,000
$289,000
-2% Price Drop
Initial Listing
Price Change
Sep 8, 2026
$289,000
Initial Listing
Sold
Oct 11, 2024
$339,000
Public Record
Sold
Aug 7, 2015
$108,500
Public Record
Sold
Aug 30, 2010
$54,000
Public Record
Sold
Mar 25, 2005
$209,000
Public Record
Sold
Mar 3, 2004
$200,000
Public Record