11154 Portobelo Drive, San Diego, California 92124, San Diego, 92124 - 2 bed, 2 bath
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San Diego, California 92124
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $675,000—positioned well below the $697,965 Fair Market Value by 3%. This valuation gap offers $22,965 in Instant Equity. Featuring a Condition Rating of 3, the home includes a private garage, covered patio, and access to a community pool and spa. Located in the San Diego Unified district near the top-rated Kumeyaay Elementary, this property is ideal for first-time buyers or Owner-Occupants seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11154 Portobelo Drive Subject | $675,000* List Price | 2 | 2 | 1,226 | $569 | - |
A 11386 Camino Playa Cancun Sold | $672,000 | 2 | 2 | 1,068 | $629 | 0.3 mi |
B 11182 Portobelo 1/2 Sold | $657,500 | 2 | 2 | 1,068 | $616 | 0.1 mi |
C 11136 Portobelo Dr Sold | $693,000 | 2 | 2 | 1,090 | $636 | 0.0 mi |
D 11330 Camino Playa Cancun Sold | $699,000 | 2 | 2 | 1,090 | $641 | 0.2 mi |
E 11370 Camino Playa Cancun 1 Active | $689,000 List Price | 2 | 2 | 1,090 | $632 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1991 (35 years old), the property is listed as move-in ready and well-cared for. Visuals show updated laminate flooring and plantation shutters, suggesting cosmetic renovations within the 5-15 year range. It lacks the structural or safety defects associated with 'Poor' condition and appears better maintained than 'Fair' dated units.
Elementary School: Kumeyaay Elementary School (9/10).
This desirable corner unit offers enhanced privacy and natural light, situated in the sought-after Tierrasanta neighborhood with immediate access to top-rated schools like Kumeyaay Elementary.
The home features a turnkey interior with tall ceilings, timeless plantation shutters, and a gas fireplace, providing a modern and spacious feel without the need for immediate renovations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3, other record lot size in square feet = 166432.
The $600 monthly association fee is relatively high for this price point, which may impact overall affordability and the buyer's debt-to-income ratio.
The property listing explicitly notes a lack of views, which may be a disadvantage compared to other elevated properties in the Tierrasanta area that offer canyon or city vistas.
Positioned as a desirable corner unit, this move in ready home offers a comfortable layout, abundant natural light, and a location that makes getting around San Diego easy. With convenient freeway access, you're never far from shopping, dining, parks, and everything the area has to offer. Inside, tall ceilings create an open feel, while plantation shutters add a clean, timeless look throughout. The living room is anchored by a gas fireplace, creating a comfortable space to relax or gather with friends and family. The kitchen features a gas stove, and plenty of cabinet space. Step outside to the covered patio, a great spot to enjoy your morning coffee or unwind in the evening. The home also includes a one car garage and an additional assigned parking space! Residents also enjoy access to a community pool and spa, adding another place to relax without leaving the neighborhood. If you're looking for a clean, well cared for home that's ready to move in and offers a great combination of comfort, convenience, and location, this one deserves a look.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.0 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,226 | 999 |
| Lot Size | 3.82 | 84,697.5 |
| Price | $675.0K | $604.2K |
| Price per sq ft | $551 | $618 |
| Built year | 1991 | 1985 |
| HOA | $600.0 | $500 |
| Days on market | 13 | 53 |
Jul 9, 2026
$675,000
Initial Listing
Jul 23, 2019
$490,000
Public Record