3940 Gresham St San Diego
D, CA 92109
Beds
2
Baths
2
Sqft
1,559
Year Built
1974
Days on Market
3
Property Type
Condo
HOA/mo
$1,440
MLS ID
260004729SD
Description
Gracing the shoreline of Sail Bay, this exceptional top-floor penthouse in Bay Scene’s coveted Tower One offers refined waterfront living with sweeping southwest views of the bay and Pacific horizon. Framed by a majestic 150-year-old Torrey Pine, panoramic vistas extend from the living room, dining area, kitchen, and both bedrooms. Spanning approximately 1,559 square feet, the beautifully renovated two-bedroom, two-bath residence is designed for privacy and functionality, with no shared living-area walls, ideal bedroom separation, in-unit laundry, and ample storage. Timeless finishes include a remodeled kitchen with granite countertops, soft-close cabinetry, and stainless-steel appliances. A covered balcony invites you to relax and enjoy the coastal scenery. The home includes two assigned underground parking spaces and access to a secure garage with car-washing area. Bay Scene is Sail Bay’s premier bayfront condominium community, offering resort-style amenities: a heated waterfront pool and spa, BBQ areas, fitness center, clubhouse, kayak and paddleboard storage, elevators, secure entry, and direct access to the sand and boardwalk. Just moments from the ocean, parks, shops, and dining, this rare penthouse delivers luxury coastal living at its finest.
Mortgage Calculator
Est. Monthly Payment
$15,247
Comparable Properties
5 comps foundThis Property
$2,177
Comp Average
$4,731
4733 Ingraham St. San Diego
2bd / 1.5ba · 1,300 sqft · Single Family
$1.32M
Est. $4,717/mo
3843 Riviera Dr San Diego
3bd / 2.5ba · 1,735 sqft · Townhouse
$1.40M
Est. $5,378/mo
3850 Riviera Drive San Diego
3bd / 2ba · 1,534 sqft · Condo
$1.47M
Est. $5,618/mo
809 Sunset Ct San Diego
2bd / 1ba · 624 sqft · Single Family
$1.45M
Est. $4,363/mo
729 Capistrano Pl San Diego
2bd / 2ba · 858 sqft · Condo
$1.35M
Est. $3,580/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Market Rent Estimate
Rent − PITI − HOA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors