$1,050,000

Estimated payment $6,895/month

Total Views 2,703
2 Beds
1 Bath
1,526 Sq Ft
$688 Price per Sq Ft

Highlights

  • No Units Above
  • City View
  • Main Floor Bedroom
  • Gated Community
  • 77,074 Sq Ft lot
  • Covered Patio or Porch

About This Home

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!

Listing Agent

Mike Gassaway

1st Class Real Estate SD License #01405332 Listed on: 04/03/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • No Units Above
  • Partially Fenced Property

HOA Fees

  • $564 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • 1,526 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Painted or Stained Flooring
  • City Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 37 Units
  • Cable Building Lofts Association
  • Mid-Rise Community
  • Cable Building Lofts Community
  • Hillcrest Subdivision

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1997

Lot Details

1.77 Acres

HOA Fees

$564 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Stories: 2
  • Year Built: 1997
  • Unit Levels: 1 Story
  • Property Sub Type: Condominium
  • Community Features: Gated Community
  • SpaFeatures: N/K
  • Association Fees: 564.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Co List Office Mls Id: 991937
  • Subdivision Name: HILLCREST
  • BuildingName: Cable Building Lofts
  • Entry Level: 2
  • Living Area: 1526.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-04-23T21:59:29Z
  • ADU_YesNo: No
  • AgeRestrictions: N/K
  • AttachedStyle: Mid Rise
  • Elevator: Yes
  • EntryLevelBuilding: 1
  • FullAddress: 3940 7th Ave 215
  • Ownership: Condominium
  • ShortSale: No
  • SupplementRemarks: 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!
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace Features: N/K
  • Flooring: Stained Concrete

Exterior Features

  • Fencing: Partial
  • Roof: Flat
  • View: City
  • Pool Features: N/K
  • Common Walls: No Unit Above
  • Construction Type: Brick, Concrete
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Garaged Spaces: 1.0
  • Parking Features: Assigned, Community Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Forced Air
  • Heating: Forced Air Unit
  • Sewer: Sewer Connected
  • Laundry Features: Other/Remarks
  • Water Source: Available, Meter on Property
  • HeatSource: Electric

Condo/Co-op/Association

  • Association Name: Cable Building Lofts

Lot Info

  • Zoning: R-1:SINGLE
  • Lot Size Sq Ft: 77074.0

Multi Family

  • Number Of Units Total: 37

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,165 $758,548 $557,756 $200,792
2024 $9,165 $743,675 $546,820 $196,855
2023 $8,963 $729,095 $536,099 $192,996
2022 $8,725 $714,800 $525,588 $189,212
2021 $8,665 $700,785 $515,283 $185,502
2020 $8,560 $693,600 $510,000 $183,600
2019 $8,408 $680,000 $500,000 $180,000
2018 $6,360 $538,860 $283,611 $255,249
2017 $6,209 $528,295 $278,050 $250,245
2016 $6,110 $517,938 $272,599 $245,339
2015 $6,020 $510,159 $268,505 $241,654
2014 $5,926 $500,167 $263,246 $236,921
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2026 04/03/26 For Sale $1,050,000 -- $688 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $680,000 Corinthian Title Company
Grant Deed $475,000 Lawyers Title Sd
Grant Deed $639,000 California Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- California Title Company
Grant Deed $410,000 First American Title
Grant Deed $419,000 First American Title
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $248,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,000 New Conventional
Previous Owner $510,850 Purchase Money Mortgage
Previous Owner $300,700 Purchase Money Mortgage
Previous Owner $376,680 Purchase Money Mortgage
Previous Owner $165,000 Purchase Money Mortgage
Source: Public Records

Source: San Diego MLS

MLS Number: 260006501

San Diego MLS

APN: 444-682-10-34

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