4344 Montalvo 2, San Diego, California 92107, San Diego, 92107 - 2 bed, 2 bath
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San Diego, California 92107
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well above the $541,370 Fair Market Value by 15%. While the property requires rehabilitation due to its Condition Rating of 5, the prime coastal location in Ocean Beach offers significant long-term upside. The unit features an attached garage and in-unit laundry, providing rare convenience for the area. This asset is best suited for Buy-and-Hold Investors or Value-Add Buyers capable of modernizing the interior to capture market demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4344 Montalvo 2 Subject | $625,000* List Price | 2 | 2 | 825 | $656 | - |
A 2255 Caminito Pajarito 186 Sold | $705,000 | 2 | 3 | 1,074 | $656 | 0.5 mi |
B 4444 W Point Loma Blvd. 79 Pending | $540,000 List Price | 2 | 2 | 986 | $548 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1985, making it 41 years old and placing it in the >30y category. The exterior image shows significant weathering and fading on the siding, suggesting that the main systems, kitchen, and bathrooms are likely original or outdated and in need of rehabilitation to meet modern standards.
Situated in the highly sought-after Ocean Beach area, this property offers exceptional proximity to the beach, local parks, and a vibrant selection of shops and restaurants.
The combination of a ground-floor location, an attached garage, and in-unit laundry provides a high level of convenience and accessibility rarely found in coastal condo complexes.
At $330 per month, the association fee is relatively low for the San Diego coastal market, enhancing the property's long-term affordability and investment appeal.
With only 825 square feet to accommodate two bedrooms and two bathrooms, the living spaces may feel restrictive for buyers seeking a more open or spacious layout.
The property lacks any significant views, which may be a drawback for coastal buyers who prioritize the aesthetic appeal of ocean or neighborhood vistas.
Ground floor condo, 2 bedrooms, 2 bathrooms, in unit laundry, attached garage. Close to beach, parks, shops, restaurants, schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 825 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $625.0K | $604.2K |
| Price per sq ft | $758 | $618 |
| Built year | 1985 | 1985 |
| HOA | $330.0 | $500 |
| Days on market | 1 | 53 |
Jul 22, 2026
$625,000
Initial Listing