
San Diego, California 92107
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $469,900—positioned well below the $482,022 Fair Market Value by 2%. This valuation gap offers $12,122 in Instant Equity. Featuring a Mint Condition Rating with modern luxury vinyl flooring and a remodeled bath, this top-floor unit offers partial water views and short-term rental eligibility. Located near Ocean Beach Elementary (10/10), this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking coastal lifestyle stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4444 W Point Loma Boulevard 28 Subject 1 bd · 1 ba · 725 sqft · $665 | $469,900* List Price | 1 | 1 | 725 | $665 | - |
A 4444 W Point Loma Boulevard 122 Sold 1 bd · 1 ba · 725 sqft · $600 | $435,000 | 1 | 1 | 725 | $600 | - |
B 2828 Famosa Blvd 305 Sold 1 bd · 1 ba · 667 sqft · $717 · 0.2 mi | $478,000 | 1 | 1 | 667 | $717 | 0.2 mi |
C 2828 Famosa Boulevard 104 Pending 1 bd · 1 ba · 667 sqft · $600 · 0.2 mi | $399,900 List Price | 1 | 1 | 667 | $600 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1966, the unit has undergone a comprehensive modern renovation within the last 5 years. Interior features include updated luxury vinyl plank flooring, a fully remodeled bathroom with a contemporary double vanity and quartz countertops, and modern fixtures throughout, meeting the criteria for mint condition.
Elementary School: Ocean Beach Elementary School (10/10).
Situated in Point Loma with close proximity to Sunset Cliffs, Mission Beach, and major San Diego attractions, offering an ideal lifestyle for coastal living and easy airport access.
The HOA permits short-term rentals with proper licensing, providing a significant opportunity for investors to generate high-yield rental income in a high-demand tourist area.
The association fee of $650 per month is relatively high for a one-bedroom unit, which may impact the overall monthly carrying costs and debt-to-income ratios for buyers.
Originally built in 1966, the property may have aging infrastructure or common area elements that could lead to future special assessments or increased maintenance requirements.
Prime Location! Close Proximity to San Diego's best attractions; Sunset Cliffs, Mission Beach, Mission Bay, Sea World, Ocean Beach, Old Town, Downtown, Freeways and Airport. Top floor unit, beautifully updated, spacious living room, open floor plan and large balcony with some water views. Oversized bedroom includes generous walk-in closet. Amenities include clubhouse with billiard table, meeting room, sauna, gym, pool and BBQ area. Assigned parking space # 28. Added Bonus - HOA allows short term rental with proper license and registration. Welcome Home!
No exterior & parking available.
Grades K-4 • 1.0 mi
Grades 7-8 • 0.3 mi
Grades 5-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 725 | 1,018.142 |
| Lot Size | 143,048 | 75,257.211 |
| Price | $469.9K | $598.4K |
| Price per sq ft | $648 | $607 |
| Built year | 1966 | 1986 |
| HOA | $650.0 | $536 |
| Days on market | 17 | 58 |
Oct 8, 2026
$469,900
Initial Listing
Mar 30, 1989
$55,500
Public Record