
San Diego, California 92120
This 1BD/1BA Condominium represents a Strong Value Opportunity, listed at $415,000—positioned above the $385,950 Fair Market Value. While priced slightly above current estimates, the property maintains a Good Condition Rating with recent upgrades like new flooring and granite countertops. Located in the desirable San Carlos neighborhood, it offers access to top-tier schools like Marvin Elementary (9/10) and proximity to Lake Murray. This unit is an ideal, low-maintenance lifestyle choice for first-time buyers or investors seeking a stable, move-in ready asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7747 Margerum Ave 126 Subject | $415,000* List Price | 1 | 1 | 643 | $600 | - |
A 7717 Margerum 123 Sold | $414,000 | 1 | 1 | 643 | $644 | 0.0 mi |
B 7717 Margerum Avenue 124 Sold | $410,000 | 1 | 1 | 643 | $638 | - |
C 7740 Margerum Avenue 204 Sold | $465,000 | 2 | 1 | 812 | $573 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1978, the property is well-maintained and move-in ready. It features recent updates including new flooring and granite countertops in the kitchen. While the oak cabinets and white appliances are dated, they are functional, and the addition of dual-pane windows and a clean interior justifies a 'Good' rating.
Elementary School: Marvin Elementary School (9/10).
Situated in the desirable San Carlos neighborhood, the property offers immediate access to outdoor activities at Cowles Mountain and Lake Murray, plus a convenient commute to SDSU and Grossmont College.
The unit boasts recent upgrades including new flooring and granite countertops, along with the highly sought-after convenience of a full-size in-unit washer and dryer.
With 78 days on the market and a recent price increase, the listing may face challenges in buyer perception regarding its competitive market value.
At 643 square feet, the interior layout is relatively small, which may limit appeal for buyers seeking more storage or a more spacious living environment.
NEW FLOORING,Welcome home to this charming 1BD/1BA condo in the heart of San Carlos! This condo features granite countertops, full size washer and dryer in unit and a good size bedroom sual pane windows and a good size balcony. The complex offers a nice pool, spa, gym, tennis and bbq. Great for first-time buyers, investors, or anyone looking to downsize without giving up comfort. And the location? San Carlos has that laid-back neighborhood vibe, with Cowles Mountain and Lake Murray just minutes away for hiking and outdoor fun. Grab a bite or run errands along Navajo and Jackson Drive, or hop on the freeway for an easy commute to SDSU, Grossmont College, or anywhere else in San Diego. Come see why this little corner of San Carlos feels like home!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 643 | 1,002.307 |
| Lot Size | 200,619 | 75,574.68 |
| Price | $415.0K | $596.0K |
| Price per sq ft | $645 | $612 |
| Built year | 1978 | 1985 |
| HOA | $403.73 | $529 |
| Days on market | 89 | 55 |
Aug 24, 2026
$415,000
$400,000
+4% Price Increase
Initial Listing
Jun 12, 2026
$400,000
Initial Listing
Apr 1, 2015
$165,000
Public Record
Sep 9, 2011
$85,000
Public Record
Apr 14, 2005
$256,000
Public Record