Experience top-floor living in the heart of Hillcrest with this beautifully renovated, penthouse-level 2-bedroom, 2-bath residence. Ideally situated adjacent to Bankers Hill with low HOA fees, that includes water. The thoughtfully designed split-bedroom floor plan offers excellent privacy, with the primary suite featuring an en-suite bath and spacious walk-in closet, while the second bedroom and full bath are located on the opposite side of the home. Recent upgrades include stunning white oak flooring, beautifully remodeled bathrooms, and a newly renovated kitchen with modern cabinetry, quartz countertops, and new appliances. Enjoy abundant natural light, in-unit laundry, and the privacy of a top-floor location with no neighbors above. Additional amenities include subterranean assigned parking and a community pool. The location is highly walkable and just minutes from Balboa Park, Mission Hills, Bankers Hill, Downtown, and the restaurants, cafés, shopping, and nightlife of Hillcrest, this move-in-ready home offers an exceptional combination of modern style, privacy, convenience, and location. Come see this gorgeous home before it's gone!
CondoProperty Type
1972Year Built
0.34 acresLot Size
$647Price/Sq.Ft.
$477/moHOA Dues
1 car garageParking
Listed by James Pasto•DRE #01805552• Real Broker
•619-840-7577 (agent)
•James@JamesPasto.com (agent)
Listed by Emma Lefkowitz•DRE #01480896• Real Broker
Hillcrest, located between Balboa Park and Mission Valley, is a walkable and eclectic San Diego neighborhood with a café-lined main drag and hillside views. The neighborhood’s character concentrates around Fifth Avenue and University Avenue, where patios, indie boutiques, and late-night eateries keep the sidewalks busy. Landmark signs and early-20th-century bungalows mix with mid-century apartments along the canyons and ridgelines. Urban MO’s, The Loft at UCSD Medical Center, and Bread & Cie anchor local routines with nightlife, culture, and bakery counters. Balboa Park’s museums and trails sit just south, while Washington Street links to trolley service. A strong street-life rhythm runs from brunch to theater nights.
Provided by Walk Score and Local Logic
Market insights
140 Walnut Ave Unit 4B · $749,000
DAYS ON MARKET
16 days
The average home goes pending in 41 days.
SALE-TO-LIST
99.0%
Most homes are selling 1% below list price.
LIST PRICE
$749,000
Median sale price in this area is $598,988. (20% lower than this home)
PRICE DROP
0 price drops
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Dishwasher
Disposal
Microwave
Refrigerator
Electric oven
Bedrooms
2 possible bedrooms
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Disposal
Microwave
Refrigerator
Electric oven
Laundry & utility
Washer
Dryer
Hot water included in association
Heating & cooling
Central air conditioning
Forced air heating
Electric heating
Exterior features
Community pool
Common-interest lot
Home design
Condominium
Residential property
Single-story
Entry level: 1
Parking
Assigned gated parking
1 parking space total
1-car garage
Security
Gated parking
Construction
Stucco construction
Rolled/Hot Mop and asphalt roof
Utilities
Sewer connected
HOA & community
Has homeowners association
Monthly association fee of $477
Association fee includes water, grounds maintenance, and structure maintenance
Association amenities include hot water, insurance, and trash service
Building name: Burgundy House
Subdivision: HILLCREST
Electricity and solar
View estimated energy costs and solar savings for this home
Top-floor, penthouse-level condo ideally located in the heart of Hillcrest adjacent to Bankers Hill - one of San Diego’s most desirable and walkable neighborhoods. This 2-bedroom, 2-bath residence offers a spacious and well-separated layout, providing excellent privacy and flexibility. One wing of the home features the primary suite, complete with an en-suite bathroom and a large walk-in closet, while the second bedroom and full bathroom are located on the opposite wing of the condo, making the layout ideal for guests, roommates, or a home office setup. The unit enjoys great natural light, a private balcony off the living room, and a quiet top-floor position with no neighbors above. While the interior remains largely original and ready for your own personal touch, the generous footprint and thoughtful floor plan create a strong foundation for modern upgrades and long-term value. Potential to add your own in-unit laundry, nearly all other units in the building do, making future installation feasible. Additional conveniences include subterranean parking with one assigned space and a community laundry room located within the building. Residents enjoy a resort-style pool and social gathering area, perfect for entertaining or relaxing year-round. The building is secure and well-maintained, offering a boutique community feel in a prime urban setting. Prime Location just moments from Balboa Park, Little Italy, downtown San Diego, top dining, shopping, nightlife, and major transit routes, this property offers both lifestyle and upside. Opportunity awaits- Whether you’re an end user looking to create a customized living space or an investor seeking value in a premium location.
RENT. #2
Jul 12, 2024
Rental Removed
$2,350
$2/sq ft
Jul 11, 2024
Price Changed
$2,350
$2/sq ft
Jul 10, 2024
Price Changed
$2,700
$2/sq ft
Jul 1, 2024
Listed for Rent
$2,900
$3/sq ft
Jun 21, 2024
Rental Removed
$2,900
$3/sq ft
Jun 7, 2024
Price Changed
$2,900
$3/sq ft
May 29, 2024
Price Changed
$3,050
$3/sq ft
May 22, 2024
Listed for Rent
$3,250
$3/sq ft
APPFOLIO #1
Jul 23, 2024
Rental Removed
$2,350
$2/sq ft
Jul 12, 2024
Listed for Rent
$2,350
$2/sq ft
Jul 3, 2024
Rental Removed
$2,900
$3/sq ft
Jun 21, 2024
Listed for Rent
$2,900
$3/sq ft
May 23, 2024
Rental Removed
$3,250
$3/sq ft
May 16, 2024
Listed for Rent
$3,250
$3/sq ft
Public Records
Sep 20, 1999
Sold
$174,500
$151/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,388 (+3.9%)
$490,000 + $150,000
$640,000
2024
$3,261 (+2.3%)
$76,522 + $191,658
$268,180
2023
$3,189 (+2.7%)
$75,022 + $187,900
$262,922
2022
$3,104 (+0.7%)
$73,551 + $184,216
$257,767
2021
$3,083 (+1.2%)
$72,109 + $180,604
$252,713
2020
$3,046 (+1.8%)
$70,696 + $177,063
$247,759
2019
$2,992 (+6.9%)
$69,972 + $175,248
$245,220
2018
$2,799 (+2.4%)
$68,600 + $171,812
$240,412
2017
$2,732 (+1.6%)
$65,937 + $165,142
$231,079
2016
$2,688 (+1.5%)
$65,937 + $165,142
$231,079
2015
$2,649 (+1.6%)
$64,645 + $161,904
$226,549
2014
$2,608 (+0.1%)
$62,427 + $156,350
$218,777
2013
$2,605 (+8.4%)
$62,427 + $156,350
$218,777
2012
$2,402 (+1.9%)
$62,145 + $155,644
$217,789
2011
$2,358 (+1.8%)
$60,927 + $152,593
$213,520
2010
$2,317 (−0.3%)
$59,733 + $149,601
$209,334
2009
$2,324 (+3.6%)
$59,287 + $148,483
$207,770
2008
$2,243
$59,428 + $148,836
$208,264
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1972
Finished Sq. Ft.
1,158
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,158
Year built
1972
Style
Condo/Co-op
County
San Diego County
APN
4524010816
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
RM-3-9
TAOZ
Residential-Multiple Unit Zone
The purpose of the RM zones is to provide for multiple dwelling unit development at varying densities. The RM zones individually accommodate developments with similar densities and characteristics. Each of the RM zones is intended to establish development criteria that consolidates common development regulations, accommodates specific dwelling types, and responds to locational issues regarding adjacent land uses.