3940 7th Ave Unit CS2 San Diego, CA 92103
Hillcrest Neighborhood
2
Beds
1.5
Baths
1,508
Sq Ft
$525/mo
HOA Fee
Highlights
- Gated Parking
- Patio
- Gated Home
- 1.77 Acre Lot
- Laundry closet
- Level Lot
About This Home
As of April 2025Seller financing is available. Iconic charm meets modern sophistication in this rare offering. Affectionately named, The Cable Building, was brilliantly re-designed by famed San Diego architect, Jonthan Segal. With soaring, exposed ceilings, the property's interior layout is wholly customizable. The exposed concrete floors were just refinished, polished and sealed throughout! Top-end industrial wall partitions allow for the seamless adjustment or additions of rooms. This is one of only two residence with the zoning designation of 'Commercial Condo' allowing for the space to serve as a traditional home, office space or business, or a flexible mixed-use space. With a loft-concept, and modern touches, this property is sure to impress. Located in the bustling Hillcrest district, convenience to all it's culture and offerings, freeway & airport access, world famous Balboa Park, and more, are just outside the door. Seller financing is available!
Last Buyer's Agent
Non- Member
Non-Member License #00000000
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,304
Year Built
- Built in 1997
Lot Details
- Gated Home
- Property is Fully Fenced
HOA Fees
- $525 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Common Roof
Interior Spaces
- 1,508 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry closet
- Full Size Washer or Dryer
- Gas And Electric Dryer Hookup
Parking
- 2 Parking Spaces
- Gated Parking
- Assigned Parking
Additional Features
- Patio
- Separate Water Meter
Community Details
- Association fees include common area maintenance, exterior bldg maintenance, limited insurance, roof maintenance, trash pickup, water
- 37 Units
- Cable Building Lofts HOA, Phone Number (619) 589-6222
- Cable Building Community
Listing and Financial Details
- Assessor Parcel Number 444-682-10-17
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2015
Closed on
Jan 26, 2016
Sold by
Kendrick Warren
Bought by
Atwood Christopher
Seller's Agent
Jeff Walker
Agents of Architecture, Inc.
Buyer's Agent
Deborah Weilert
Deborah Weilert, Broker
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Purchase Details
Closed on
Jul 1, 2004
Sold by
Cormier Glenn and Cormier Juliane
Bought by
Kendrick Warren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 6, 2000
Sold by
Cormier and Juliane
Bought by
Cormier Glenn and Cormier Juliane
Purchase Details
Closed on
Jun 4, 1998
Sold by
Hilltop Associates Ll
Bought by
Cormier Glenn and Cormier Juliane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.06%
Mortgage Type
Commercial
Similar Homes in San Diego, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Title 365 | |
| Grant Deed | $570,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $180,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Commercial | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $90,000 | Commercial | |
| Closed | $72,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $900,000 | -10.0% | $597 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 02/03/2025 02/03/25 | For Sale | $1,000,000 | +53.8% | $663 / Sq Ft |
| 01/29/2016 01/29/16 | Sold | $650,000 | -7.1% | $431 / Sq Ft |
| 01/23/2016 01/23/16 | Pending | -- | -- | -- |
| 12/30/2015 12/30/15 | For Sale | $700,000 | -- | $464 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,304 | $754,374 | $406,201 | $348,173 |
| 2023 | $9,098 | $739,584 | $398,237 | $341,347 |
| 2022 | $8,856 | $725,083 | $390,429 | $334,654 |
| 2021 | $8,796 | $710,867 | $382,774 | $328,093 |
| 2020 | $8,689 | $703,579 | $378,850 | $324,729 |
| 2019 | $8,534 | $689,784 | $371,422 | $318,362 |
| 2018 | $7,979 | $676,260 | $364,140 | $312,120 |
| 2017 | $7,789 | $663,000 | $357,000 | $306,000 |
| 2016 | $7,913 | $671,166 | $353,245 | $317,921 |
| 2015 | $7,797 | $661,085 | $347,939 | $313,146 |
| 2014 | $7,674 | $648,136 | $341,124 | $307,012 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Abbott
Seller's Agent in 2025
Cameron Abbott
Compass
(619) 550-6084
1 in this area
50 Total Sales
-
N
Buyer's Agent in 2025
Non- Member
Non-Member
-
Jeff Walker
Seller's Agent in 2016
Jeff Walker
Agents of Architecture, Inc.
(619) 806-0509
23 Total Sales
-
D
Buyer's Agent in 2016
Deborah Weilert
Deborah Weilert, Broker
Map
Source: San Diego MLS
MLS Number: 250017983
APN: 444-682-10-17
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