2002 Vela Ln, San Diego, California 92154, San Diego, 92154 - 3 bed, 3 bath
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2002 Vela Ln
San Diego, California 92154
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,167Sq Ft
0Lot Size
Property Price
LIST PRICE$598,000
EST. MARKET VALUE
$574,160
4% AboveMARKET VALUE
SUMMARY
This 2023 Modern Condominium is a Strong Value Opportunity, listed at $598,000—positioned slightly above the $574,160 Fair Market Value. While the price reflects a premium for its Mint Condition Rating, the property offers significant lifestyle benefits, including a versatile bonus room, side-by-side two-car garage, and a private balcony. Located in the San Diego Unified district with easy freeway access, this turnkey home provides modern efficiency and minimal maintenance. It is an ideal acquisition for first-time buyers or busy professionals seeking a contemporary, low-maintenance residence.
Estimated Market Value
$574,160
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 |
|---|---|---|---|---|---|---|
★ 2002 Vela Ln Subject | $598,000* List Price | 3 | 3 | 1,167 | $492 | - |
A 2062 Vela Ln Sold | $630,000 | 3 | 3 | 1,385 | $455 | 0.0 mi |
B 2305 Acara Circle Sold | $650,000 | 3 | 3 | 1,592 | $408 | 0.1 mi |
C 2066 Vela Ln Sold | $620,000 | 3 | 3 | 1,385 | $448 | - |
D 2325 Acara Circle Active | $640,000 List Price | 3 | 3 | 1,592 | $402 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and meets the criteria for a new build under 10 years old. The images show modern bathrooms with contemporary vanities and glass-enclosed showers, high-efficiency HVAC systems (Carrier), and a tankless water heater. The interior features updated flooring and clean finishes throughout, requiring no maintenance or repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Construction
Built in 2023, this nearly-new home offers modern building standards, energy efficiency, and minimal immediate maintenance requirements, providing peace of mind for the buyer.
- Functional Layout
The tri-level design features a side-by-side two-car garage and a versatile bonus room, offering rare convenience and flexibility for a property of this size.
- Strategic Location
Situated with easy access to major freeways and the international border, this property is ideally positioned for commuters and professionals working in the Otay Mesa area.
CONSRISKS & DEFICIENCIES
- Vertical Living
The tri-level configuration requires frequent stair usage, which may be a drawback for buyers with mobility concerns or those seeking a more traditional single-level flow.
- Compact Living Space
At 1,167 square feet, the living areas and bedrooms may feel constrained when distributed across three floors, potentially limiting appeal for larger families.
About 2002 Vela Ln
Welcome to 2002 Vela Ln San Diego - It is a 2023 build great started home feature a 2 bedroom and 2 and a half bath. There is a bonus room can be use for an office or play room. The two car garage is side by side. The tri-level offers the entry and garage at the fist level, second level is an open space with the kitchen/LVR combo leading to a balcony. The third floor has the two bedroom and two bath with washer and dryer on a closet. It is easy access to freeway, boarder, and much more...
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2023
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $245.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,167 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $598.0K | $596.0K |
| Price per sq ft | $512 | $612 |
| Built year | 2023 | 1985 |
| HOA | $245.0 | $529 |
| Days on market | 41 | 55 |
Pricing History
Listed for Sale
Jul 30, 2026
$598,000
Initial Listing
Sold
Nov 27, 2023
$518,000
Public Record