4633 Bancroft Street 8, San Diego, California 92116, San Diego, 92116 - 2 bed, 1 bath
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4633 Bancroft Street 8
San Diego, California 92116
ACTIVE
CONDITION: GOOD
2Beds
1Baths
700Sq Ft
0.14Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$501,609
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $501,610 Fair Market Value by 0.52%. This property offers $2,610 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen, new mini-split HVAC, and in-unit laundry. Located in a walkable neighborhood near highly-rated schools like Garfield Elementary, this home balances modern convenience with financial stability. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Estimated Market Value
$501,609
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 |
|---|---|---|---|---|---|---|
★ 4633 Bancroft Street 8 Subject | $499,000* List Price | 2 | 1 | 700 | $717 | - |
A 4584 Felton St 3 Sold | $540,000 | 2 | 2 | 744 | $726 | 0.1 mi |
B 4548 Hawley Boulevard 2 Sold | $575,000 | 2 | 1 | 770 | $747 | 0.3 mi |
C 4533 Bancroft 6 Sold | $435,000 | 1 | 1 | 558 | $780 | 0.1 mi |
D 4654 33rd St 12 Sold | $356,000 | 1 | 1 | 540 | $659 | 0.1 mi |
E 4485 Idaho Street 3 Sold | $585,000 | 2 | 2 | 793 | $738 | 0.6 mi |
F 3535 Madison Ave 134 Sold | $400,000 | 1 | 1 | 650 | $615 | 0.4 mi |
G 4418 36th St. 3 Sold | $575,100 | 2 | 2 | 752 | $765 | 0.6 mi |
H 4675 Utah St 8 Sold | $540,000 | 2 | 1 | 726 | $744 | 0.5 mi |
I 4654 33rd St 20 Active | $355,000 List Price | 1 | 1 | 440 | $807 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building dates to 1959, the unit is well-maintained and move-in ready with significant system updates. Key improvements include a new electrical panel (2018), a brand new mini-split HVAC system, and a functional kitchen featuring granite countertops and stainless steel appliances. Recent cosmetic updates like new paint and laminate flooring place this in the 5-15 year renovation window.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated just half a block from Adams Avenue, this unit offers exceptional walkability to Normal Heights' vibrant dining and retail scene, along with convenient freeway access.
- Modern Interior Upgrades
The property is move-in ready with granite countertops, stainless steel appliances, laminate flooring, and the highly desirable addition of an in-unit washer and dryer.
- Updated Infrastructure
Recent capital improvements provide peace of mind, including a new mini-split cooling system in the primary bedroom and updated electrical panels for the entire building as of 2018.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 6266.
- Compact Square Footage
With only 696 square feet for a two-bedroom configuration, the living spaces are relatively small and may feel restrictive for some buyers.
- Limited Parking
The unit includes only one assigned parking spot, which may be a significant drawback for multi-vehicle households in a neighborhood where street parking is notoriously difficult.
About 4633 Bancroft Street 8
Prime location! This top floor unit is a half block south of Adams Avenue, walkable to restaurants and shops, with easy freeway access. Kitchen has granite counters, gas range and stainless steel appliances. Brand new mini-split in main bedroom, new window AC in kitchen, in unit washer & dryer, new bedroom closet doors, new paint, ceiling fans in both bedrooms and laminate flooring throughout. One assigned parking spot in back of building. Small, quiet complex that's well taken care of. Security gates for both entrances, and entire building and all units received new electrical panels in 2018.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1959
- Lot Size
- 0.14 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $355.0 / Month
Neighborhood Insights
San Diego Unified Schools
Adams Elementary School
Grades K-5 • 0.3 mi
5/10
Normal Heights Elementary School
Grades K-5 • 0.6 mi
7/10
Garfield Elementary School
Grades K-5 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 700 | 1,002.307 |
| Lot Size | 0.14 | 75,574.68 |
| Price | $499.0K | $596.0K |
| Price per sq ft | $713 | $612 |
| Built year | 1959 | 1985 |
| HOA | $355.0 | $529 |
| Days on market | 28 | 55 |
Pricing History
Listed for Sale
Aug 12, 2026
$499,000
Initial Listing
Sold
Jul 9, 2015
$237,000
Public Record
Sold
Aug 17, 2007
$195,000
Public Record