10406 Caminito Rimini, San Diego, California 92129, San Diego, 92129 - 2 bed, 1 bath
Loading property details...
San Diego, California 92129
This Top-Floor Condominium is a Prime Investment Opportunity, listed at $430,000—positioned well below the $445,543 Fair Market Value by 3%. This valuation gap provides $15,543 in Instant Equity for the buyer. Boasting a Move-In Ready Condition Rating, the home features fresh paint, in-unit laundry, and a pleasant hillside view. Located in the prestigious Poway Unified School District with 9/10 rated schools, it ensures long-term stability and lifestyle convenience. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10406 Caminito Rimini Subject | $430,000* List Price | 2 | 1 | 945 | $471 | - |
A 13749 Caminito Vizzini Sold | $425,000 | 2 | 1 | 810 | $525 | 0.0 mi |
B 11052 Via San Marco Sold | $525,000 | 2 | 2 | 1,056 | $497 | 0.3 mi |
C 10472 Caminito Rimini Active | $429,000 List Price | 2 | 1 | 882 | $486 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is well-maintained and move-in ready with fresh paint and clean carpets, but it lacks a comprehensive modern renovation. The kitchen features older white appliances and basic cabinetry, and the presence of popcorn ceilings and dated light fixtures indicates the home is aged and would benefit from minor updates to meet current market standards.
Elementary School: Los Penasquitos Elementary School (9/10). High School: Mt. Carmel High School (9/10).
The property is situated within the highly-rated Poway Unified School District, with Los Penasquitos Elementary and Mt. Carmel High both boasting exceptional 9/10 ratings, ensuring strong demand and resale value.
As a top-floor unit tucked away at the back of the community, this home offers superior privacy with no neighbors above and features the convenience of full-size in-unit laundry.
The association fee of $617 per month is relatively high for a two-bedroom condo, which may impact monthly affordability and the overall debt-to-income ratio for some buyers.
With only one bathroom to serve two large bedrooms, the layout may present a challenge for roommates or small families compared to more modern two-bathroom configurations.
Excellent opportunity on this top floor unit in the VA-approved complex of Rancho Penasquitos Villas III. Located in the highly rated Poway Unified School District, tucked away at the back of the community, this home has been freshly painted and is move in ready! The spacious floor plan features two large bedrooms, one bathroom, a full-size in-unit laundry and the shared garage includes a private storage closet. Step outside to enjoy the beautifully maintained grounds with grassy areas, walking paths, tall trees, and a sparkling pool. In this pet-friendly community; the HOA covers water, sewer, trash, recycling, landscaping, exterior maintenance, and common areas. It's conveniently located near freeways 15 and 56, shopping, dining, trails, and parks, this is a fantastic opportunity to own a great home in a sought-after school district and community.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 945 | 889 | 57% |
| Lot Size | - | - | 50% |
| Price | $430.0K | $585.0K | 10% |
| Price per sq ft | $455 | $635 | 3% |
| Built year | 1973 | 1991 | 23% |
| HOA | $617.0 | $425 | 93% |
| Days on market | 8 | 137 | 3% |
Apr 14, 2026
$430,000
Initial Listing
Mar 5, 2012
$155,000
Public Record
Jun 29, 2007
$254,000
Public Record
Jul 28, 2004
$320,000
Public Record
Aug 17, 2001
$150,000
Public Record
May 26, 2000
$110,000
Public Record
Jul 8, 1994
$80,500
Public Record