
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 2 bd · 2 ba · 1,226 sqft · $510 | $625,000* List Price | 2 | 2 | 1,226 | $510 | - |
A 11086 Portobelo Drive Sold 2 bd · 2 ba · 1,068 sqft · $637 · 0.1 mi | $680,000 | 2 | 2 | 1,068 | $637 | 0.1 mi |
B 11386 Camino Playa Cancun Sold 2 bd · 2 ba · 1,068 sqft · $629 · 0.3 mi | $672,000 | 2 | 2 | 1,068 | $629 | 0.3 mi |
C 11182 Portobelo 1/2 Sold 2 bd · 2 ba · 1,068 sqft · $616 · 0.1 mi | $657,500 | 2 | 2 | 1,068 | $616 | 0.1 mi |
D 11370 Camino Playa Cancun 1 Sold 2 bd · 2 ba · 1,090 sqft · $628 · 0.3 mi | $685,000 | 2 | 2 | 1,090 | $628 | 0.3 mi |
E 6121 Calle Mariselda 304 Sold 1 bd · 1 ba · 1,203 sqft · $479 · 0.9 mi | $576,000 | 1 | 1 | 1,203 | $479 | 0.9 mi |
F 11184 Portobelo Active 2 bd · 2 ba · 1,068 sqft · $651 · 0.0 mi | $695,000 List Price | 2 | 2 | 1,068 | $651 | 0.0 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.
Priced tens of thousands below the next lowest priced condo in the community, this corner unit is built for buyers who want to put their own stamp on a home. The home is ready for your updates, which is reflected in the price. The bones are solid. Tall ceilings, abundant natural light, and plantation shutters throughout give the layout an open, comfortable feel. The living room is anchored by a gas fireplace, and the kitchen offers a gas stove and plenty of cabinet space, a great canvas for a refresh. Step outside to the covered patio, a great spot for morning coffee. The home also includes a one car garage plus an additional assigned parking space, and residents enjoy a community pool and spa. With convenient freeway access, shopping, dining, and parks are close by. If you have been priced out of updated units and are ready to build equity through your own improvements, 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 | 1,018.142 |
| Lot Size | 3.82 | 75,257.211 |
| Price | $625.0K | $598.4K |
| Price per sq ft | $510 | $607 |
| Built year | 1991 | 1986 |
| HOA | $600.0 | $536 |
| Days on market | 108 | 58 |
Aug 27, 2026
$625,000
$649,000
-4% Price Drop
Initial Listing
Jul 25, 2026
$649,000
$675,000
-4% Price Drop
Initial Listing
Jul 9, 2026
$675,000
Initial Listing
Jul 23, 2019
$490,000
Public Record