4348 College Avenue 1, San Diego, California 92115, San Diego, 92115 - 2 bed, 2 bath
ACTIVE$585,000
4348 College Avenue 1, San Diego, California 92115
2Beds
2Baths
996Sqft
4,091Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
No HOA Fees: A significant advantage for a condominium, the absence of HOA fees provides substantial cost savings and greater financial flexibility for the owner.
Top Cons:
Shared Ownership Structure: While lacking HOA fees, the shared common interest in the land and building with only one other unit may lead to potential complexities or disagreements regarding shared maintenance and decision-making without a formal governing body.
Compared to the nearby listings
Price:$585.0K vs avg $441.2K (+$143,750)89%
Size:996 sqft vs avg 849.5 sqft68%
Price/sqft:$587 vs avg $52668%
More Insights
Built in 1981 (44 years old).
Condition: This property, built in 1981, has undergone an extensive renovation just under two years ago, as stated in the description, and features a new roof from 2024. The images confirm a modern aesthetic with an open-concept layout, recessed lighting, and consistent light-colored flooring throughout. The kitchen boasts dark wood cabinetry, granite-like countertops, a contemporary subway tile backsplash, and a mix of stainless steel (microwave) and white appliances, all appearing in excellent condition. The bathroom is also updated with a modern vanity, shower with glass doors, and stylish black and white patterned floor tiles. All major components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1981
Close
-
List price
$585K
Original List price
$585K
Price/Sqft
$587
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508272
Home ConditionExcellent
Features
Good View: Hills, Mountain(s), Neighborhood
ViewHills, Mountain(s), Neighborhood
About this home
No HOA or HOA fees! There are only two units in this building, one up and one down. The property is actually located at the end of Meade Ave. Unit was updated just under 2 years ago. Open concept layout, large kitchen area with island completely open to the living area. Generous primary bedroom with en suite bath and in unit laundry. The secondary bedroom has plenty of room as well. Located on a hill at the end of a cul-de-sac this home offers plenty of privacy and views of the surrounding areas and mountains. Shared storage area below. New roof in 2024. Both units share common interest in the land and building. Unit #1 parking is on the right side of the driveway. Great primary home, investment property or possible vacation rental. Close to SDSU, shopping, restaurants and easy freeway access.
Price History
Date
Event
Price
08/30/23
Sold
$500,000
12/16/04
Sold
$306,000
Condition Rating
Excellent
This property, built in 1981, has undergone an extensive renovation just under two years ago, as stated in the description, and features a new roof from 2024. The images confirm a modern aesthetic with an open-concept layout, recessed lighting, and consistent light-colored flooring throughout. The kitchen boasts dark wood cabinetry, granite-like countertops, a contemporary subway tile backsplash, and a mix of stainless steel (microwave) and white appliances, all appearing in excellent condition. The bathroom is also updated with a modern vanity, shower with glass doors, and stylish black and white patterned floor tiles. All major components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
No HOA Fees: A significant advantage for a condominium, the absence of HOA fees provides substantial cost savings and greater financial flexibility for the owner.
Recent Updates & New Roof: The unit was updated just under two years ago with an open-concept layout and a large kitchen island, complemented by a brand new roof installed in 2024, ensuring modern appeal and reduced immediate maintenance concerns.
Privacy & Scenic Views: Situated on a hill at the end of a cul-de-sac, the property offers enhanced privacy and desirable views of the surrounding areas and mountains.
Versatile Investment Potential: The property is suitable for various uses, including a primary residence, a long-term investment property, or a potential vacation rental, broadening its market appeal.
Prime Location & Accessibility: Conveniently located close to SDSU, shopping centers, restaurants, and offering easy freeway access, enhancing its desirability for residents and renters alike.
Cons
Shared Ownership Structure: While lacking HOA fees, the shared common interest in the land and building with only one other unit may lead to potential complexities or disagreements regarding shared maintenance and decision-making without a formal governing body.
Limited Parking: The description specifies 'Unit #1 parking is on the right side of the driveway,' which may imply a single designated parking spot, potentially insufficient for a two-bedroom unit or households with multiple vehicles.
Absence of Central Air Conditioning: There is no mention of a cooling system in the property description, which could be a significant drawback during San Diego's warmer months and may require future installation.