10472 Caminito Rimini, San Diego, California 92129, San Diego, 92129 - 2 bed, 1 bath
10472 Caminito Rimini
San Diego, California 92129
Property Price
SUMMARY
Analysis of 10472 Caminito Rimini, San Diego, California 92129 is currently available with a list price of $429,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1973, this condo has received recent cosmetic updates such as fresh paint and brand new carpeting, making it turn-key. However, the kitchen features outdated tile countertops and older white appliances, and while the bathroom is described as 'updated,' its light fixtures and medicine cabinet style suggest a renovation from 15-25 years ago rather than a recent modern overhaul. The property is well-maintained and functional but shows its age in key areas and would likely require further updates to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Los Penasquitos Elementary School (9/10). High School: Mt. Carmel High School (9/10).
- Turn-key & Updated Interior
The condo is described as turn-key, freshly painted, and features an updated bathroom and brand new carpeting, minimizing immediate move-in costs for buyers.
- Desirable Location & Accessibility
Located in the sought-after Rancho Penasquitos neighborhood, with convenient access to the 56 and 15 freeways, placing it minutes from dining, shopping, and recreational activities.
CONSRISKS & DEFICIENCIES
- Shared & Detached Garage/Laundry
The garage is detached, shared, and includes shared laundry facilities, which may be less convenient than private, in-unit or attached options.
- High Monthly Association Fee
A monthly association fee of $605.0 is substantial and could impact affordability and long-term ownership costs for potential buyers.
- Older Building Construction
Built in 1973, the property's age, despite interior updates, may raise concerns about the condition of underlying infrastructure or potential for future major community assessments.
About 10472 Caminito Rimini
**VA APPROVED** Welcome to 10472 Caminito Rimini. This turn-key, freshly painted, spacious, two-story condo in the Rancho Penasquitos neighborhood is the perfect place to call home. Upon entering, you are greeted with an open-concept floorplan which includes the living, dining and kitchen areas. Cooking and entertaining is easy to do in the bright, white kitchen equipped with great storage space. Relax after a long day in your upstairs retreat outfitted with two bedrooms, one updated bathroom, brand new carpeting, and generous closet and attic space. Just steps away is your detached, shared garage which includes parking for one vehicle, plenty of storage, and shared laundry facilities. The Penasquitos Villas is a quiet, family/pet friendly, well-maintained community surrounded by lush trees and landscape. The community boasts a sparkling pool and many grassy areas to run and play. Living in PQ means you have access to nearby hiking trails, community events and the award-winning Poway Unified School District. With its convenient location near the 56 and 15 freeways, you are just minutes from many dining, shopping and recreational activities. Don’t miss the opportunity to make this beautiful condo your own!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $605.0 / Month
Neighborhood Insights
San Diego Unified Schools
Los Penasquitos Elementary School
Grades K-5 • 0.5 mi
Black Mountain Middle School
Grades 6-8 • 1.6 mi
Mt. Carmel High School
Grades 9-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 882 | 889 | 37% |
| Lot Size | - | - | 50% |
| Price | $429.0K | $595.0K | 11% |
| Price per sq ft | $486 | $624 | 11% |
| Built year | 1973 | 1990 | 30% |
| HOA | $605.0 | $436 | 78% |
| Days on market | 162 | 188 | 33% |
Pricing History
Listed for Sale
Dec 21, 2025
$429,000
$439,000
-2% Price Drop
Initial Listing
Price Change
Dec 13, 2025
$439,000
$449,000
-2% Price Drop
Initial Listing
Price Change
Sep 26, 2025
$449,000
Initial Listing
Sold
Jan 14, 2003
$195,000
Public Record
Sold
Oct 17, 2002
$15,500
Public Record
Sold
Dec 8, 2000
$133,000
Public Record
Sold
Apr 30, 1999
$82,500
Public Record