3940 7th Ave #215
DSan Diego, CA 92103
Soft Appraisal Value: $896,700 · 17.1% above estimate
Beds
1
Baths
1
Sqft
1,526
Year Built
1997
Days on Market
3
Property Type
Condo
HOA/mo
$564
MLS ID
260006501SD
Description
Own a piece of San Diego history in the iconic Cable Building Lofts-originally a 1950s industrial structure that once served as a Pacific Bell telephone switching station, and thoughtfully converted into residential lofts in 1998 as one of Southern California’s pioneering adaptive reuse projects. This recently renovated top-floor corner unit showcases true loft character with 12-foot ceilings, exposed red brick walls, stained concrete floors, and expansive windows that flood the space with natural light. The modern kitchen features sleek cabinetry, stunning quartz countertops, a large island with seating for four & high-quality stainless steel appliances-perfect for both everyday living & entertaining. The open concept living area is spacious and inviting, while the private primary bedroom is fully enclosed with walls and a door for added comfort. A dedicated home office area offers oversized desk space and the flexibility to be converted into a second bedroom with the addition of a partition or permanent walls. A cozy balcony w/ easterly exposure overlooks the vibrant community of Hillcrest. Additional highlights include two parking spaces—an exceptional find in Hillcrest—HOA-approved EV charger capability, a large private secured storage area & built-in storage cabinets conveniently located in front of the parking space. Ideally situated in the heart of Hillcrest, you’re just moments from shopping, dining, nightlife, major freeways, medical centers, downtown San Diego, and Balboa Park. This is urban loft living at its finest-where historic charm meets modern convenience. Own a piece of San Diego history in the iconic Cable Building Lofts-originally a 1950s industrial structure that once served as a Pacific Bell telephone switching station, and thoughtfully converted into residential lofts in 1998 as one of Southern California’s pioneering adaptive reuse projects. This recently renovated top-floor corner unit showcases true loft character with 12-foot ceilings, exposed red brick walls, stained concrete floors, and expansive windows that flood the space with natural light. The modern kitchen features sleek cabinetry, stunning quartz countertops, a large island with seating for four & high-quality stainless steel appliances-perfect for both everyday living & entertaining. The open concept living area is spacious and inviting, while the private primary bedroom is fully enclosed with walls and a door for added comfort. A dedicated home office area offers oversized desk space and the flexibility to be converted into a second bedroom with the addition of a partition or permanent walls. A cozy balcony w/ easterly exposure overlooks the vibrant community of Hillcrest. Additional highlights include two parking spaces—an exceptional find in Hillcrest—HOA-approved EV charger capability, a large private secured storage area & built-in storage cabinets conveniently located in front of the parking space. Ideally situated in the heart of Hillcrest, you’re just moments from shopping, dining, nightlife, major freeways, medical centers, downtown San Diego, and Balboa Park. This is urban loft living at its finest-where historic charm meets modern convenience.
Mortgage Calculator
Est. Monthly Payment
$7,230
Comparable Properties
5 comps foundThis Property
$3,626
Comp Average
$3,026
140 Walnut Avenue
2bd / 2ba · 1,158 sqft · Condo
$650K
Est. $3,527/mo
3940 Dove Street
2bd / 2ba · 982 sqft · Condo
$635K
Est. $3,148/mo
4082 Albatross St
2bd / 2ba · 968 sqft · Condo
$665K
Est. $3,168/mo
3825 Centre
2bd / 2ba · 999 sqft · Condo
$699K
Est. $3,148/mo
1270 Cleveland Ave
2bd / 2ba · 949 sqft · Condo
$650K
Est. $2,141/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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