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3940 7th Ave #215
DSan Diego, CA 92103
Soft Appraisal Value: $1,013,700 · 2.5% above estimate
Beds
2
Baths
1
Sqft
1,526
Year Built
1997
Days on Market
41
Property Type
Condo
HOA/mo
$564
MLS ID
260006501SD
This property is in San Diego (92103). View neighborhood stats →
About This Property
PRICE IMPROVEMENT! 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 & converted into residential lofts in 1998 as one of Southern California’s pioneering reuse projects. This recently renovated top-floor corner unit showcases true loft character with 12-foot ceilings, exposed red brick walls, stained concrete floors & 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 & inviting, while the private primary bedroom is fully enclosed with walls and a door for added comfort. While currently presenting as a one bedroom, a dedicated home office area offers oversized desk space with the flexibility to be converted into a second bedroom (approx. 11’x11’). Google Fiber (hi-speed internet) included in HOA fees! 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. CAN BE SOLD FULLY FURNISHED! 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 & 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 & 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 & inviting, while the private primary bedroom is fully enclosed with walls and a door for added comfort. While currently presenting as a one bedroom, a dedicated home office area offers oversized desk space with the flexibility to be converted into a second bedroom (approx. 11’x11’). Google Fiber (hi-speed internet) included in HOA fees! 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. Can be sold fully furnished!
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Est. Monthly Payment
$7,160
Location
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Comparable Properties
5 comps foundThis Property
$3,885
Comp Average
$3,410
1030 Robinson Ave
2bd / 2ba · 975 sqft · Condo
$625K
Est. $3,609/mo
140 Walnut Avenue
2bd / 2ba · 1,158 sqft · Condo
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Est. $3,444/mo
4055 Falcon St
2bd / 2ba · 1,080 sqft · Condo
$650K
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4082 Albatross St
2bd / 2ba · 968 sqft · Condo
$645K
Est. $3,270/mo
1270 Cleveland Ave
2bd / 2ba · 949 sqft · Condo
$625K
Est. $3,302/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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