1605 Hotel Circle S B103, San Diego, California 92108, San Diego, 92108 - 2 bed, 2 bath
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San Diego, California 92108
This 2-bedroom condominium is a Strong Value Opportunity, listed at $490,000—positioned well below the $499,514 Fair Market Value by 1%. This valuation gap offers $9,514 in Instant Equity. Featuring a Good Condition Rating with recent vinyl plank flooring, the home offers resort-style amenities including a pool, spa, and tennis courts. Located near Grant K-8 (Rating 8), this property balances lifestyle convenience with financial stability. It is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a central Mission Valley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1605 Hotel Circle S B103 Subject | $490,000* List Price | 2 | 2 | 974 | $513 | - |
A 1615 S Hotel Circle D103 Sold | $387,000 | 1 | 1 | 700 | $553 | 0.0 mi |
B 6406 Friars Road Sold | $609,000 | 2 | 2 | 972 | $627 | 0.6 mi |
C 6314 Friars Rd 109 Sold | $468,000 | 2 | 2 | 972 | $481 | 0.6 mi |
D 6717 Friars Rd 63 Sold | $505,000 | 2 | 2 | 1,059 | $477 | 0.7 mi |
E 6780 Friars 154 Sold | $495,000 | 2 | 2 | 957 | $517 | 0.8 mi |
F 6737 Friars Road 182 Sold | $579,000 | 2 | 2 | 1,059 | $547 | 0.7 mi |
G 6314 Friars 118 Active | $514,900 List Price | 2 | 2 | 972 | $530 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant recent cosmetic updates, specifically the new vinyl plank flooring and fresh interior paint. While the 1972 construction is evident in the popcorn ceilings and balcony style, the interior surfaces are well-maintained and functional, fitting the 5-15 year renovation window for a 'Good' rating.
Positioned as one of the lowest-priced two-bedroom condos in Mission Valley, this property offers an excellent entry point for first-time buyers or investors seeking high value.
The strategic location provides immediate access to the I-8 freeway and is minutes from San Diego’s top destinations, including Downtown, Fashion Valley, and local beaches.
The association offers a resort-style lifestyle with a pool, spa, gym, and multiple sports courts, including tennis and pickleball, which are highly desirable for active residents.
The absence of in-unit laundry hookups requires the use of communal facilities, which can be a significant convenience drawback for modern buyers.
Constructed in 1972, the property may feature aging infrastructure and lack the contemporary energy efficiencies or soundproofing found in newer developments.
Don’t miss one of the lowest-priced 2-bedroom condos in Mission Valley. This well-located home features vinyl plank flooring, a spacious living room, two private balconies, and a primary bedroom with an ensuite bathroom. Enjoy a wide range of community amenities, including a pool, spa, BBQ area, gym, tennis and pickleball court, basketball court, and laundry facilities. With quick access to the 8 freeway, you’re just minutes from the airport, Downtown San Diego, Old Town, the beaches, Balboa Park, Fashion Valley, Snapdragon Stadium, Pechanga Arena, and more. Two parking spaces, 1 designated garage and 1 unassigned space.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades 6-8 • 2.2 mi
Grades 7-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 974 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $490.0K | $604.2K |
| Price per sq ft | $503 | $618 |
| Built year | 1972 | 1985 |
| HOA | $480.0 | $500 |
| Days on market | 21 | 53 |
Jul 1, 2026
$490,000
Initial Listing
Jul 20, 2023
$490,000
Public Record
May 28, 2021
$412,500
Public Record