4615 Pico 3, San Diego, California 92109, San Diego, 92109 - 2 bed, 2 bath
Loading property details...
San Diego, California 92109
This Updated Coastal Condominium is a Prime Investment Opportunity, listed at $635,000—positioned well below the $651,858 Fair Market Value by 2%. This valuation gap provides $16,858 in Instant Equity for incoming owners. The home holds a Good Condition Rating, featuring a Granite Kitchen, Vinyl Flooring, and a rare Tandem 2-Car Garage. Located in the heart of Pacific Beach with access to Top-Rated Schools like Bird Rock Elementary (10/10) and Sessions Elementary (9/10), it perfectly balances financial upside with a premium lifestyle. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking coastal value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4615 Pico 3 Subject | $635,000* List Price | 2 | 2 | 821 | $794 | - |
A 4750 Noyes St 202 Sold | $500,000 | 2 | 1 | 800 | $625 | 0.6 mi |
B 1818 Diamond St Sold | $750,000 | 2 | 1 | 750 | $1,000 | 0.9 mi |
C 4730 Noyes St 106 Sold | $650,000 | 2 | 2 | 856 | $759 | 0.6 mi |
D 1775 Diamond St 220 Sold | $637,755 | 2 | 2 | 953 | $669 | 0.9 mi |
E 1912 Diamond Street 4 Sold | $709,829 | 2 | 2 | 854 | $831 | 0.8 mi |
F 1855 Diamond Street 122 Active | $659,999 List Price | 2 | 2 | 900 | $733 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the 'good' criteria. While originally built in 1984, it has undergone significant updates including modern vinyl plank flooring, energy-efficient dual-pane windows, and an updated kitchen with granite countertops and stainless steel appliances. The interior presentation is clean with functional systems, though some features like the kitchen cabinetry style and fluorescent light fixtures are slightly dated and reflect a renovation from approximately 10-15 years ago rather than a brand-new remodel.
Elementary School: Bird Rock Elementary School (10/10).
Situated in the highly desirable Pacific Beach neighborhood, this property offers exceptional lifestyle appeal with proximity to local dining, shops, and a direct bike path to Mission Bay and La Jolla.
The inclusion of a detached tandem 2-car garage is a significant asset in this area, providing not only secure parking but also valuable additional storage space.
At 821 square feet for a two-bedroom, two-bathroom configuration, the living spaces and bedrooms may feel compact compared to other residential options.
While the two-car garage is a benefit, the tandem layout can be inconvenient for multi-driver households, requiring frequent coordination to move vehicles.
Welcome to this prime located 2-bedroom, 2-bath condo in the desirable Pacific Beach neighborhood. Offering a functional layout and tasteful updates throughout, this home is ready for its next owner to move right in or add their own personal touches. The interior features durable vinyl and tile flooring, an updated kitchen with granite countertops and modern cabinetry, and a bright living space that opens to a private balcony through a dual-pane sliding door. Additional improvements include newer dual-pane windows that enhance both comfort and energy efficiency. The unit is equipped with in-unit laundry and comes with all major appliances, including washer, dryer, and refrigerator. A detached tandem 2-car garage provides convenient parking and extra storage. A convenient bike path at the backside of the property that goes to Mission Bay and La Jolla. Ideally situated near local shops, dining, freeway access, and just a short distance to the beach, this home presents a great opportunity to enjoy the Pacific Beach lifestyle.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 821 | 956 | 38% |
| Lot Size | - | 4,791.6 | 43% |
| Price | $635.0K | $895.0K | 26% |
| Price per sq ft | $773 | $914 | 30% |
| Built year | 1984 | 1975 | 68% |
| HOA | $330.0 | $500 | 26% |
| Days on market | 12 | 148 | 7% |
Apr 10, 2026
$635,000
Initial Listing
Mar 5, 2007
$332,000
Public Record