, San Diego, California 92120, San Diego, 92120 - 2 bed, 2 bath
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San Diego, California 92120
This Renovated Top-Floor Condominium is a High-Potential Investment Opportunity listed at $474,900—positioned well below the $494,063 Fair Market Value by 3%. This valuation gap offers $19,163 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the residence features quartz countertops, LVP flooring, and a new mini-split HVAC system. With sweeping hill views and a 5-minute walk to the UCSD Health Trolley, this turnkey asset balances lifestyle with appreciation. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ Subject | $474,900 | 2 | 2 | 1,139 | $434 | - |
A 5452 Adobe Falls Rd 2 Sold | $512,000 | 2 | 2 | 1,144 | $448 | 0.8 mi |
B 5513 Adobe Falls Rd 11 Sold | $457,500 | 2 | 2 | 1,144 | $400 | 0.9 mi |
C 5462 Adobe Falls Rd 11 Active | $519,900 List Price | 2 | 2 | 1,144 | $454 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the unit has undergone an extensive recent renovation including brand-new mini-split HVAC systems, updated electrical wiring, modern LVP flooring, and quartz countertops, meeting current quality standards with no deferred maintenance.
The residence features significant contemporary improvements, including quartz countertops, durable LVP flooring, and a brand-new energy-efficient mini-split HVAC system for individualized climate control.
Ideally located for commuters and students, the property is just a five-minute walk to the UCSD Health Trolley Station and offers immediate proximity to SDSU and major freeways.
As a top-floor unit with elevator access, the home provides enhanced privacy and sweeping hill views that offer a scenic backdrop for both sunsets and city lights.
The lack of in-unit laundry hookups may be a convenience drawback for modern buyers who prefer private washing and drying capabilities.
At $515 per month, the association fees are relatively high and represent a significant recurring expense that could impact the overall affordability for some purchasers.
This beautifully updated top-floor residence offers convenient elevator access and sweeping hill views that glow at sunset and shimmer at night. Modern improvements include updated electrical wiring and GFCI protection, durable LVP flooring, quartz countertops, refreshed fixtures, and brand-new heating and cooling systems. Excellent storage is offered through an exclusive mini-storage unit just outside the front door and spacious interior closets. Everyday routines are made easier with convenient laundry access. Comfort and energy efficiency are maximized with the new mini-split system, providing individualized heating and cooling for each room. The community offers a pool, hot tub, basketball court, and a reservable rec room. Perfectly positioned near the freeway, SDSU, and just a 5-minute walk to the UCSD Health Trolley Station, this home is an excellent place to settle into now, and a strong rental or investment opportunity for the future.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,139 | 997 | 62% |
| Lot Size | - | - | 50% |
| Price | $474.9K | $467.5K | 52% |
| Price per sq ft | $417 | $506 | 17% |
| Built year | 1970 | 1975 | 31% |
| HOA | $515.0 | $540 | 48% |
| Days on market | 131 | 140 | 45% |
Dec 12, 2025
$474,900
Initial Listing