
San Diego, California 92109
This split-level condo represents a High-Potential Investment Opportunity, listed at $850,000—positioned above the $811,137 Fair Market Value. While the property requires modernization due to its Condition Rating of 5, it offers a functional layout with an attached garage, fireplace, and two private balconies. Located in a prime Pacific Beach neighborhood served by top-tier schools like Bird Rock Elementary (10/10), the property provides significant long-term appeal. This asset is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic interior renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4751 Lamont Street Subject | $850,000* List Price | 2 | 3 | 1,108 | $732 | - |
A 1730 Pacific Beach Dr #2 Sold | $1,050,000 | 2 | 3 | 1,292 | $813 | 0.7 mi |
B 3955 Honeycutt Street 201 Sold | $950,000 | 2 | 2 | 1,063 | $894 | 0.9 mi |
C 1278 Pacific Beach Dr 3 Sold | $740,000 | 2 | 2 | 1,032 | $717 | 1.0 mi |
D 1912 Diamond Street 4 Sold | $709,829 | 2 | 2 | 854 | $831 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1983 (41 years old) and the listing mentions no recent renovations. Based on the criteria, properties over 30 years old without significant updates are classified as poor condition due to the likely need for major rehab of original kitchens, bathrooms, and aging mechanical systems.
Elementary School: Bird Rock Elementary School (10/10).
Situated in the highly desirable Pacific Beach neighborhood, this property offers exceptional proximity to top-rated schools like Sessions Elementary (Rating 9) and is within walking distance to local dining, shopping, and the bay.
The 1,108 sqft layout features a modern split-level configuration, including rare amenities for the area such as an attached garage, a fireplace, and two private balconies that enhance the indoor-outdoor living experience.
Built in 1983, the property may require modernization of its interior finishes and systems to compete with newer luxury developments in the San Diego market.
The $430 monthly association fee adds a consistent overhead cost that may impact the overall affordability and debt-to-income ratio for prospective buyers at this price point.
Split level condo in Pacific Beach. Has fireplace , two balconies and attached garage.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 1,108 | 997 | 66% |
| Lot Size | - | 0.37 | 49% |
| Price | $850.0K | $899.0K | 47% |
| Price per sq ft | $767 | $857 | 32% |
| Built year | 1983 | 1975 | 63% |
| HOA | $430.0 | $488 | 44% |
| Days on market | 12 | 139 | 11% |
Jun 2, 2026
$850,000
Initial Listing
Jan 26, 1988
$127,500
Public Record