12118 Obispo, San Diego, California 92128, San Diego, 92128 - 2 bed, 2 bath
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San Diego, California 92128
This Turnkey 55+ Residential Home is a Prime Investment Opportunity, listed at $865,000—positioned well below the $888,276 Fair Market Value by 2%. This valuation gap offers $23,276 in Instant Equity. Featuring a Condition Rating of 3, the home includes remodeled bathrooms, updated windows, and a low-maintenance backyard with a putting green. Located in the Seven Oaks community with access to top-rated schools like Del Norte High, this property is ideal for active retirees or downsizing owner-occupants seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12118 Obispo Subject | $895,000* List Price | 2 | 2 | 1,510 | $602 | - |
A 11941 Callado Rd Sold | $1,100,000 | 2 | 2 | 1,800 | $611 | 0.3 mi |
B 16799 Acena Drive Sold | $905,000 | 3 | 2 | 1,594 | $568 | 0.2 mi |
C 16881 Bellota Dr Sold | $964,995 | 2 | 2 | 1,497 | $645 | 0.1 mi |
D 17417 Plaza Sonada Sold | $1,099,000 | 2 | 2 | 1,659 | $662 | 1.0 mi |
E 16634 Bernardo Oaks Dr Sold | $910,000 | 2 | 2 | 1,334 | $682 | 0.3 mi |
F 12621 Opimo Dr Sold | $860,000 | 2 | 2 | 1,770 | $486 | 0.7 mi |
G 16462 Sarape Dr. Active | $1,149,900 List Price | 3 | 2 | 1,633 | $704 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property is well-maintained and move-in ready. It features remodeled bathrooms, updated windows with shutters, and modern flooring. The kitchen is functional with updated countertops, and the exterior has been improved with low-maintenance turf and a putting green.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 1510.
Elementary School: Stone Ranch Elementary School (9/10). High School: Del Norte High School (10/10).
Located in the sought-after Seven Oaks community, residents benefit from extensive amenities including a community center, pool, fitness center, and various social clubs, fostering an active lifestyle.
The property was recently sold within the past year on 2025-06-25. The sold price is $765,000.00.
Built in 1964, the property may have aging underlying systems such as plumbing or electrical that could require future maintenance despite the visible cosmetic updates.
As an age-restricted 55+ community, the potential pool of buyers is limited, which can impact market liquidity and resale speed compared to non-restricted neighborhoods.
Prime location in Rancho Bernardo’s desirable 55+ Seven Oaks community with a wide driveway, spacious backyard, and beautiful mountain and hillside views. This 2-bedroom, 2-bath home features remodeled bathrooms, updated windows with shutters, two separate living areas, a bright sunroom, and a cozy fireplace. Enjoy a low-maintenance backyard with turf and a putting green, plus access to Seven Oaks’ community center, pool, fitness center, clubs, and activities.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,510 | 1,777 | 25% |
| Lot Size | 8,400 | 6,098.4 | 72% |
| Price | $895.0K | $1.18M | 14% |
| Price per sq ft | $593 | $652 | 30% |
| Built year | 1964 | 1984 | 5% |
| HOA | $47.0 | $270 | 9% |
| Days on market | 16 | 126 | 5% |
Jun 3, 2026
$895,000
$865,000
+3% Price Increase
Initial Listing
May 29, 2026
$865,000
Initial Listing
Jun 25, 2025
$765,000
Public Record
Dec 30, 2010
$339,000
Public Record