2332 Tocayo Avenue 59, San Diego, California 92154, San Diego, 92154 - 3 bed, 2 bath
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2332 Tocayo Avenue 59
San Diego, California 92154
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,224Sq Ft
0Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$516,486
8% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $475,000—positioned well below the $516,486 Fair Market Value by 8%. This valuation gap offers $41,486 in Instant Equity for buyers. Featuring a private yard, two garage parking spots, and a Fair Condition Rating, the home requires cosmetic updates to reach its full potential. While local school ratings are modest, the functional layout and prime location make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value.
Estimated Market Value
$516,486+$41,486 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2332 Tocayo Avenue 59 Subject 3 bd · 2 ba · 1,224 sqft · $422 | $475,000* List Price | 3 | 2 | 1,224 | $422 | - |
A 2424 Tocayo Avenue 149 Sold 3 bd · 2 ba · 1,224 sqft · $408 · 0.1 mi | $500,000 | 3 | 2 | 1,224 | $408 | 0.1 mi |
B 2527 Caminito Avellano Sold 4 bd · 2 ba · 1,438 sqft · $416 · 0.6 mi | $598,000 | 4 | 2 | 1,438 | $416 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979 (47 years old) with no mention of recent renovations to major systems, kitchen, or baths. The listing description 'opportunity to personalize' is a standard indicator that the interior is dated and requires cosmetic and functional updates, placing it in the Fair category despite being well-maintained enough to be functional.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Family Home Feel
This 1,224-square-foot condo offers a rare private yard and a functional layout that provides the privacy and atmosphere of a detached home at a more accessible price point.
- Ample Parking and Storage
The property includes two garage parking spots, a significant advantage in San Diego that adds both convenience and additional storage capacity for residents.
- Prime Accessibility
Ideally situated in Otay Mesa, the home offers excellent proximity to major freeways, public transportation, shopping, and dining, ensuring high everyday convenience.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
The listing indicates a need for personalization and updates, suggesting that the 1979 interior may require additional capital investment to meet modern aesthetic standards.
- Local School Performance
The assigned elementary and middle schools currently have low performance ratings (2/10), which may be a deterrent for families prioritizing high-ranking academic districts.
About 2332 Tocayo Avenue 59
Spacious 3-bedroom, 2-bath condo offering 1,224 square feet of comfortable living space with the added feel and privacy of a single-family home. The functional floor plan features a bright and inviting living area, dedicated dining space, generously sized bedrooms, and convenient in-unit laundry. Step outside to your own private yard, offering additional space to relax, entertain, or enjoy the outdoors. The property also includes two garage parking spots. With plenty of opportunity to personalize and make it your own, this home is a great option for a variety of buyers. Conveniently located near shopping, dining, schools, parks, public transportation, and freeway access, offering everyday comfort and convenience.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360.0 / Month
Neighborhood Insights
San Diego Unified Schools
Godfrey G. Berry Elementary School
Grades K-6 • 0.5 mi
2/10
Teofilo Mendoza School
Grades K-6 • 0.9 mi
3/10
Southwest Middle School
Grades 7-8 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,224 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $475.0K | $598.4K |
| Price per sq ft | $388 | $607 |
| Built year | 1979 | 1986 |
| HOA | $360.0 | $536 |
| Days on market | 24 | 58 |
Pricing History
Listed for Sale
Oct 1, 2026
$475,000
Initial Listing