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2108 3rd Avenue 1, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath

2108 3rd Avenue 1, San Diego, California 92101 home-pic-0
ACTIVE$579,000
2108 3rd Avenue 1, San Diego, California 92101
2Beds
2Baths
924Sqft
9,595Lot
Year Built
1980
Close
-
List price
$579K
Original List price
$579K
Price/Sqft
$627
HOA
$325
Days on market
-
Sold On
-
MLS number
250042193SD
Home ConditionFair
Features
Good View:
Patio
View

About this home

We found 3 Cons,5 Pros. Rank: price - $579.0K(36th), sqft - 924(41th), beds - 2(50th), baths - 2(50th).

ALL CASH BUYERS ONLY, Great starter place or investment property in Bankers Hill near Balboa Park and walking distance to restaurants. Easy access to freeway and downtown San Diego. Both bedrooms are upstairs, kitchen has been updated with stainless steel appliances, newer cabinets and Dekton countertops. Ground floor half bath, flooring and stairwell are also updated. Flooring is porcelain wood grain tile. Unit has stack washer / dryer on ground floor, city view balcony off primary bedroom, 2 spaces in carport, and a storage locker. 6 unit complex. Refrigerator does not convey, all other appliances in unit stay. Unit has the first 2 parking spaces next to the entry gate in the 3rd Avenue carport area. ALL CASH BUYERS ONLY, due to HOA special assessment for balcony repairs / replacement for the building by years end.

Price History

Date
Event
Price
10/21/25
Listing
$579,000
Condition Rating
Fair
Built in 1980, the property shows its age despite some updates. The kitchen features newer cabinets, stainless steel appliances, Dekton countertops, and a modern backsplash, but is significantly dated by the fluorescent dropped ceiling lighting. The ground floor has updated porcelain wood grain tile, and the half bath is functional. However, popcorn ceilings are present throughout, and the upstairs bedroom shows older carpet with a visible ceiling stain, indicating areas needing repair or updating. While maintained, it requires minor updates to achieve a more contemporary feel.
Pros & Cons

Pros

Prime Location: Strategically located in Bankers Hill, offering walking distance to Balboa Park and local restaurants, with easy access to freeways and downtown San Diego.
Modern Interior Updates: The unit features a recently updated kitchen with stainless steel appliances, newer cabinets, Dekton countertops, and updated porcelain wood grain tile flooring throughout the ground floor and stairwell.
Desirable Unit Amenities: Includes convenient in-unit stackable washer/dryer, a private city view balcony off the primary bedroom, two dedicated carport parking spaces, and an additional storage locker.
Investment/Starter Home Potential: Explicitly positioned as an excellent opportunity for first-time homebuyers or investors seeking a property in a desirable urban setting.
City View Balcony: The primary bedroom benefits from a private balcony offering appealing city views, enhancing the living experience.

Cons

Cash Buyers Only Restriction: The property is exclusively available to cash buyers due to an impending HOA special assessment, severely limiting the potential buyer pool.
Pending HOA Special Assessment: A significant HOA special assessment for balcony repairs/replacement is due by year-end, representing a substantial financial obligation or risk for the new owner.
Refrigerator Excluded: The refrigerator does not convey with the sale, requiring the buyer to purchase a new appliance upon move-in.

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