4506 Alabama Street 1, San Diego, California 92116, San Diego, 92116 - 3 bed, 2 bath
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4506 Alabama Street 1
San Diego, California 92116
PENDING
CONDITION: EXCELLENT
3Beds
2Baths
1,384Sq Ft
6,969.6Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$811,677
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $799,000—positioned well below the $811,677 Fair Market Value by 1.56%. This valuation gap offers $12,677 in Instant Equity. Featuring a Condition Rating of 2 with modern renovations, this home offers a sprawling 1,384 sqft layout with an attached garage. Located in a highly walkable neighborhood near top-rated elementary schools, it balances lifestyle convenience with financial stability. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready residence.
Estimated Market Value
$811,677
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 |
|---|---|---|---|---|---|---|
★ 4506 Alabama Street 1 Subject 3 bd · 2 ba · 1,384 sqft · $586 | $799,000* List Price | 3 | 2 | 1,384 | $586 | - |
A 4545 Arizona Street 205 Sold 2 bd · 2 ba · 1,140 sqft · $620 · 0.3 mi | $706,559 | 2 | 2 | 1,140 | $620 | 0.3 mi |
B 4794 Arizona Street 104 Sold 2 bd · 2 ba · 980 sqft · $668 · 0.5 mi | $655,000 | 2 | 2 | 980 | $668 | 0.5 mi |
C 4794 Arizona 303 Sold 2 bd · 2 ba · 980 sqft · $658 · 0.5 mi | $645,000 | 2 | 2 | 980 | $658 | 0.5 mi |
D 3030 Suncrest Dr. 605 Sold 2 bd · 2 ba · 892 sqft · $664 · 0.8 mi | $592,100 | 2 | 2 | 892 | $664 | 0.8 mi |
E 4473 30th St 216 Sold 2 bd · 3 ba · 1,373 sqft · $725 · 0.8 mi | $995,000 | 2 | 3 | 1,373 | $725 | 0.8 mi |
F 4794 Arizona 209 Sold 2 bd · 2 ba · 980 sqft · $662 · 0.5 mi | $649,000 | 2 | 2 | 980 | $662 | 0.5 mi |
G 4536 Arizona 2 Active 3 bd · 3 ba · 1,313 sqft · $647 · 0.3 mi | $849,000 List Price | 3 | 3 | 1,313 | $647 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a complete modern renovation within the last 5 years. The kitchen features updated white shaker cabinets, stainless steel appliances, and modern countertops, while the bathrooms are fully remodeled with contemporary vanities, black fixtures, and custom tile work. The living areas feature updated flooring, recessed lighting, and a clean, turn-key interior.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated on a quiet, tree-lined street in Normal Heights, the property offers exceptional walkability to the vibrant dining, shopping, and nightlife scenes on Madison and Adams Avenue.
- Single-Family Home Functionality
This sprawling 3-bedroom unit features an attached garage with direct home access and in-unit laundry, providing the privacy and convenience typically associated with a detached residence.
- Modernized Interior Elements
The condo includes two fully updated bathrooms, offering a modern aesthetic and reducing the need for immediate post-purchase renovation investments.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1982, the building may require more frequent maintenance or future capital improvements compared to newer developments in the San Diego area.
- Secondary School Ratings
While local elementary schools are highly rated, the assigned middle and high schools have lower ratings, which may be a consideration for families prioritizing long-term educational consistency.
About 4506 Alabama Street 1
Incredible opportunity meets amazing location and a jaw dropping price! This condo lives like a single family home in one of the best locations in all of San Diego. On a quiet, tree lined street but within walking distance of a world of food, drink, shopping and nightlife options on Madison & Adams Ave, this sprawling unit has 3 bedrooms and 2 fully updated bathrooms along with in-unit laundry and an attached garage that leads directly into the home. Come see it today before its gone!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 6,969.6 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $420.0 / Month
Neighborhood Insights
San Diego Unified Schools
Birney Elementary School
Grades K-5 • 0.4 mi
8/10
Garfield Elementary School
Grades K-5 • 0.5 mi
8/10
Jefferson Elementary School
Grades K-5 • 1.0 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,384 | 1,018.142 |
| Lot Size | 6,969.6 | 75,257.211 |
| Price | $799.0K | $598.4K |
| Price per sq ft | $577 | $607 |
| Built year | 1982 | 1986 |
| HOA | $420.0 | $536 |
| Days on market | 30 | 58 |
Pricing History
Listed for Sale
Sep 25, 2026
$799,000
Initial Listing
Sold
Dec 2, 2022
$737,000
Public Record
Sold
Aug 22, 2022
$775,000
Public Record
Sold
Jul 24, 2018
$607,000
Public Record
Sold
Aug 4, 2015
$430,000
Public Record