The Flip Potential of 2863 Broadway #104 San Diego, CA is medium.
Current Specs
2 Bed / 2 Bath
858 sqft
$530 per sqft
Estimated Value$455,000
Flip Advice
This 2-bed/2-bath condo in Golden Hill presents moderate flip potential. Listed at $455K (recently reduced from $530K), it's move-in ready but offers cosmetic upgrade opportunities. The property's strongest asset is its location near Downtown San Diego and North Park, with secure amenities including gated entry and underground parking.
Consider applying the 70% rule - at $455K purchase price, you'd need to achieve an ARV of at least $650K after renovations to make this worthwhile. Focus on high-ROI cosmetic updates like modern flooring (replacing tile), fresh paint, and kitchen upgrades. The multiple price reductions suggest negotiation room, but the small size (858 sqft) limits your ceiling price.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 2863 Broadway #104: