1979 Avenida Del Mexico 228, San Diego, California 92154, San Diego, 92154 - 1 bed, 1 bath
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1979 Avenida Del Mexico 228
San Diego, California 92154
ACTIVE
CONDITION: GOOD
1Beds
1Baths
655Sq Ft
249,163.203Lot Size
Property Price
LIST PRICE$339,999
EST. MARKET VALUE
$326,859
4% AboveMARKET VALUE
SUMMARY
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $349,900—positioned above the $330,079 Fair Market Value. While priced slightly above market, the property offers a unique financial advantage through a VA Assumable Loan at 2.75%, significantly reducing long-term interest costs. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen, Stainless Steel Appliances, and Laminate Hardwood Flooring. With resort-style amenities like a Pool and Spa and two dedicated parking spaces, this home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$326,859
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 |
|---|---|---|---|---|---|---|
★ 1979 Avenida Del Mexico 228 Subject | $339,999* List Price | 1 | 1 | 655 | $499 | - |
A 1975 Avenida Del Mexico 216 Sold | $349,500 | 1 | 1 | 655 | $534 | 0.0 mi |
B 1975 Avenida Del Mexico 216 Sold | $285,000 | 1 | 1 | 655 | $435 | 0.0 mi |
C 1975 Avenida Del Mexico 217 Active | $330,000 List Price | 1 | 1 | 655 | $504 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1987, the property features significant interior updates including granite countertops, stainless steel appliances, and laminate hardwood flooring. The unit is well-maintained and move-in ready, consistent with a 5-15 year renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- Favorable Financing Opportunity
The availability of a VA assumable loan at a 2.75% interest rate provides a massive financial incentive, significantly lowering monthly payments for qualified buyers compared to current market rates.
- Modern Move-In Ready Interior
The unit features high-quality finishes including granite countertops, stainless steel appliances, and laminate hardwood flooring, eliminating the need for immediate renovation costs.
- Superior Parking and Amenities
Rare for a one-bedroom condo, this property includes two dedicated parking spaces and access to a comprehensive gated community suite featuring a pool, spa, and gym.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =249163, other record lot size in square feet = 248943.
- Limited Square Footage
At 655 square feet, the living space is relatively compact, which may limit appeal for buyers seeking extra storage or a more spacious home office environment.
- Underperforming Local Schools
The assigned elementary and middle schools have lower performance ratings (3/10), which could be a concern for families or long-term resale value.
About 1979 Avenida Del Mexico 228
VA ASSUMABLE LOAN AVAILABLE! Qualified VA buyers may have the opportunity to assume 2.75% interest rate, subject to VA approval. Welcome to this move-in ready South San Diego condo perfectly located just minutes from Imperial Beach, Coronado, major freeways, shopping, dining, and more. This well-maintained 1 bedroom, 1 bathroom home offers 655 sq ft of comfortable living space, making it an excellent opportunity for first-time home buyers, downsizers, or investors alike. Step inside to find granite countertops, beautiful laminate hardwood flooring, stainless steel appliances, high ceilings with crown molding and a functional open layout designed for easy everyday living. Enjoy your private balcony, perfect for morning coffee, relaxing evenings, or weekend BBQs. Pride of ownership shines throughout this home, offering a clean and well-cared-for space ready for its next owner. Located within a gated community, residents enjoy access to resort-style amenities including a pool and spa perfect for hot summer days, a community gym, and the convenience of 2 parking spaces including a covered carport space.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 249,163.203 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $425.0 / Month
Neighborhood Insights
San Diego Unified Schools
Teofilo Mendoza School
Grades K-6 • 0.5 mi
3/10
Mar Vista Academy
Grades 7-8 • 0.6 mi
3/10
Southwest Senior High School
Grades 9-12 • 1.1 mi
5/10
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 | 655 | 1,002.307 |
| Lot Size | 249,163.203 | 75,574.68 |
| Price | $340.0K | $596.0K |
| Price per sq ft | $519 | $612 |
| Built year | 1987 | 1985 |
| HOA | $425.0 | $529 |
| Days on market | 37 | 55 |
Pricing History
Listed for Sale
Aug 15, 2026
$339,999
$349,900
-3% Price Drop
Initial Listing
Price Change
Aug 3, 2026
$349,900
Initial Listing
Sold
Dec 22, 2021
$325,000
Public Record
Sold
Apr 16, 2019
$250,000
Public Record
Sold
Jul 7, 2006
$245,000
Public Record