1124 Eureka St. 16, San Diego, California 92110, San Diego, 92110 - 1 bed, 1 bath
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1124 Eureka St. 16
San Diego, California 92110
ACTIVE
CONDITION: GOOD
1Beds
1Baths
578Sq Ft
0Lot Size
Property Price
LIST PRICE$359,000
EST. MARKET VALUE
$367,085
SUMMARY
This Prime Investment Opportunity is listed at a List Price of $359,000—positioned well below the $367,086 Fair Market Value by 2%. This valuation gap offers $8,086 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this unit includes a fully updated kitchen, modern laminate flooring, and access to community pool and BBQ amenities. Its VA-approved status and proximity to USD ensure consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, centrally located asset.
Estimated Market Value
$367,085
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1124 Eureka St. 16 Subject 1 bd · 1 ba · 578 sqft · $635 | $359,000* List Price | 1 | 1 | 578 | $635 | - |
A 5725 Linda Vista Road Sold 1 bd · 2 ba · 674 sqft · $659 · 0.2 mi | $444,000 | 1 | 2 | 674 | $659 | 0.2 mi |
B 6416 Friars Road 306 Sold 1 bd · 1 ba · 661 sqft · $489 · 0.5 mi | $323,000 | 1 | 1 | 661 | $489 | 0.5 mi |
C 1092 Fresno St 4 Sold 1 bd · 1 ba · 640 sqft · $631 · 0.1 mi | $404,000 | 1 | 1 | 640 | $631 | 0.1 mi |
D 5750 Friars Rd 109 Sold 1 bd · 1 ba · 768 sqft · $560 · 0.1 mi | $430,000 | 1 | 1 | 768 | $560 | 0.1 mi |
E 5605 Friars Rd. 295 Sold 1 bd · 1 ba · 695 sqft · $590 · 0.2 mi | $410,000 | 1 | 1 | 695 | $590 | 0.2 mi |
F 5605 Friars Rd 272 Sold 1 bd · 1 ba · 695 sqft · $622 · 0.2 mi | $432,000 | 1 | 1 | 695 | $622 | 0.2 mi |
G 5655 Riley St 205 Sold 1 bd · 1 ba · 663 sqft · $621 · 0.1 mi | $412,050 | 1 | 1 | 663 | $621 | 0.1 mi |
H 5705 Friars 22 Active 1 bd · 1 ba · 695 sqft · $611 · 0.2 mi | $424,900 List Price | 1 | 1 | 695 | $611 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the building dates to 1977, the unit has undergone significant recent renovations including modern laminate flooring, an updated kitchen with white cabinetry, and a refreshed bathroom. It appears well-maintained and move-in ready, fitting the criteria for a 5-15 year renovation window.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated in Mission Valley West near USD and major freeways, this property offers high rental demand and excellent accessibility for students, military, and professionals.
- VA Financing Eligibility
The complex is VA-approved, which significantly expands the potential buyer pool and provides a rare opportunity for eligible service members to purchase with favorable terms.
- Turnkey Interior Upgrades
Featuring a fully remodeled kitchen and bathroom along with durable laminate flooring, the unit is move-in ready, minimizing immediate capital expenditure for new owners.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $477 monthly association fee is relatively high for a 578-square-foot one-bedroom unit, which may impact the overall cash flow for buy-and-hold investors.
- Limited Living Space
With under 600 square feet of living area, the compact footprint may limit appeal for residents seeking home office space or significant storage solutions.
About 1124 Eureka St. 16
Secure Housing Near USD – Stop Paying Rent | High-Demand Rental Location | Strong Long-Term Appeal This upgraded one-bedroom condo in Mission Valley West offers consistent rental demand thanks to its central location and proximity to University of San Diego, major employment hubs, and beach communities. Five minutes to Downtown San Diego and quick access to major freeways make this an attractive option for students, young professionals, and military tenants. Property highlights: * Updated kitchen and bath * Durable laminate flooring throughout * Large light-filled living space * Community pool & BBQ amenities Central San Diego one-bedroom units remain in steady demand—ideal for buy-and-hold investors seeking stability and appreciation potential. Prime Central San Diego Location Own with confidence in a VA-approved complex in highly desirable Mission Valley West. This upgraded one-bedroom condo offers an ideal opportunity for eligible service members and veterans looking for affordability, location, and long-term value. Enjoy quick access to major freeways and just minutes to Downtown San Diego, Mission Bay, Pacific Beach, and Ocean Beach. Inside, you'll find a spacious bedroom and living area, quality laminate flooring throughout, and a fully upgraded kitchen and bath. A large double-insulated floor-to-ceiling window brings in abundant natural light. Community amenities include a pool and BBQ areas—perfect for relaxing off-duty or hosting friends and family. Central location = rare opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $477.0 / Month
Neighborhood Insights
San Diego Unified Schools
Carson Elementary School
Grades K-5 • 1.3 mi
4/10
Montgomery Middle School
Grades 7-8 • 15.3 mi
4/10
Kearny Construction Tech School
Grades 9-12 • 2.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 578 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $359.0K | $598.4K |
| Price per sq ft | $621 | $607 |
| Built year | 1977 | 1986 |
| HOA | $477.0 | $536 |
| Days on market | 6 | 58 |
Pricing History
Listed for Sale
Oct 19, 2026
$359,000
Initial Listing
Sold
Nov 1, 2016
$198,000
Public Record
Sold
Apr 13, 2005
$235,000
Public Record