2323 Edenbridge, San Diego, California 92139, San Diego, 92139 - 4 bed, 2 bath
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San Diego, California 92139
This Value-Add Condominium represents a Prime Investment Opportunity with a List Price of $615,000—positioned well below the $631,947 Fair Market Value by 2%. This valuation gap provides $16,947 in Instant Equity. With a Fair Condition Rating, the 1,525 sqft interior offers significant upside through modernization. Featuring four bedrooms, a rare 4,404 sqft lot, and Hill views, the property is near Zamorano Elementary (Rating 7), Bell Middle, and Morse High. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2323 Edenbridge Subject | $615,000* List Price | 4 | 2 | 1,525 | $414 | - |
A 2828 Alta View Sold | $560,000 | 3 | 2 | 1,373 | $408 | 0.6 mi |
B 6812 Panamint Row 4 Sold | $584,000 | 3 | 2 | 1,183 | $494 | 0.2 mi |
C 2822 Casey St #a Sold | $586,000 | 3 | 2 | 1,224 | $479 | 0.4 mi |
D 6767 Parkside Avenue Sold | $560,000 | 3 | 2 | 1,373 | $408 | 0.8 mi |
E 6968 Appian Dr Sold | $480,000 | 3 | 2 | 1,224 | $392 | 0.4 mi |
F 6889 Panamint Row 3 Pending | $589,000 List Price | 3 | 2 | 1,183 | $498 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this property falls into the 'fair' category as it is over 40 years old and the listing description explicitly suggests it is a 'foundation to build equity' and needs 'personal touches,' which are industry indicators for an outdated interior. While the exterior shows functional maintenance and the addition of solar panels, the lack of mentioned upgrades to the kitchen, bathrooms, or major systems suggests the home is aged and requires modernization to meet current market standards.
The property's proximity to multiple naval bases and major freeways ensures high rental demand and excellent accessibility for military personnel and commuters.
Offering 4 bedrooms and over 1,500 sqft at a $615,000 price point represents a highly competitive entry-level opportunity within the San Diego housing market.
The generous 4,404 sqft lot provides rare potential for a condominium-titled property, offering ample room for outdoor entertaining or future landscaping enhancements.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4404, other record lot size in square feet = 4266.
Marketed as a foundation to build equity, the 1982 construction likely requires significant cosmetic or functional updates to align with modern buyer preferences.
As a condominium-titled residence, owners are subject to association oversight and potential limitations on exterior modifications despite the larger lot size.
Fantastic opportunity for first-time buyers or savvy investors! This charming property offers the perfect blend of comfort, potential, and location. Nestled in a well-established neighborhood, the home features a functional layout with plenty of natural light and room to make it your own. Ideal as a starter home, this residence provides a great foundation to build equity while adding your personal touches. For investors, the location is a standout—conveniently situated near major freeways, shopping, dining, and multiple naval bases, making it highly attractive for long-term rental demand. The spacious lot offers additional possibilities for outdoor living, entertaining, or future enhancements. Whether you're looking to enter the housing market or expand your investment portfolio, this property delivers value, versatility, and strong potential. Don’t miss this affordable opportunity in a growing San Diego community!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 93% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,525 | 1,224 | 89% |
| Lot Size | 4,404 | 2,205.46 | 50% |
| Price | $615.0K | $560.0K | 82% |
| Price per sq ft | $403 | $477 | 14% |
| Built year | 1982 | 1981 | 64% |
| HOA | $132.0 | $410 | 4% |
| Days on market | 21 | 140 | 4% |
Apr 1, 2026
$615,000
Initial Listing
May 29, 2020
$457,500
Public Record