
San Diego, California 92129
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $361,452 Fair Market Value by 3%. This valuation gap offers $11,452 in Instant Equity for buyers. Featuring a Condition Rating of 5, the unit serves as a blank canvas for a full interior rehab. Located in the top-tier Poway Unified School District, this asset is ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10443 Caminito Rimini Subject | $350,000* List Price | 2 | 1 | 882 | $410 | - |
A 10472 Caminito Rimini Sold | $426,400 | 2 | 1 | 882 | $483 | 0.0 mi |
B 10406 Caminito Rimini Sold | $380,073 | 2 | 1 | 945 | $402 | 0.0 mi |
C 10476 Caminito Rimini Active | $350,000 List Price | 2 | 1 | 882 | $397 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 and currently unlivable following a fire. While it has 2024 structural updates (new roof, drywall, and roughed-in systems), it is a shell lacking a kitchen, finished bathrooms, and flooring, requiring a full rehab.
Elementary School: Los Penasquitos Elementary School (9/10). High School: Mt. Carmel High School (9/10).
Positioned as the lowest-priced condo along the I-15 corridor, this property offers significant equity potential for investors or flippers looking for a high-margin project in a desirable area.
Following a 2024 fire, the unit has been updated with a new roof, new drywall, dual-pane windows, and roughed-in electrical and plumbing, providing a solid foundation for a custom interior build-out.
The requirement for a cash-only sale and a concurrent purchase of a second unit ($700K total) significantly limits the buyer pool and eliminates traditional financing options.
Currently a 'blank canvas' post-fire, the property requires a complete interior renovation, including flooring, cabinetry, and fixtures, before it can be occupied or rented.
This property is offered in conjunction with 10476 Caminito Rimini. Each is priced at $350K. Must sell together and close concurrently. Price is firm. Currently the lowest-priced condo along the I-15 corridor, this cash-only opportunity is a true blank canvas ready for your vision. Following a 2024 fire, the property has already received meaningful updates, including new drywall throughout, new front door, three new dual-pane windows, new garage door & opener, new roof and new roughed-in electrical and plumbing. The thoughtfully designed layout offers a spacious downstairs living area, comfortable upstairs bedrooms, a shared two-car garage, and assigned uncovered parking. HOA dues include water, sewer, trash, pool access, and limited insurance, helping simplify ownership costs. Ideally situated within walking distance of Poway Unified Schools and just minutes from major freeways, shopping, public transportation, entertainment, restaurants, and nightlife, this property offers an exceptional opportunity for buyers looking to create a personalized home in a highly convenient location. Cash-only sale. Bring your contractor, your vision, and your opportunity to transform this property into something special.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 882 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $350.0K | $596.0K |
| Price per sq ft | $397 | $612 |
| Built year | 1973 | 1985 |
| HOA | $617.0 | $529 |
| Days on market | 4 | 55 |
Sep 5, 2026
$350,000
Initial Listing