3525 Lebon 209, San Diego, California 92122, San Diego, 92122 - 2 bed, 2 bath
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3525 Lebon 209
San Diego, California 92122
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,008Sq Ft
49,697Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$638,306
SUMMARY
This Turnkey Condominium is a Prime Investment Opportunity, listed at $675,000—positioned well below the $690,807 Fair Market Value by 2%. This valuation gap offers $15,807 in Instant Equity for the buyer. Featuring a Remodeled Kitchen and Underground Parking, the property maintains a Mint Condition Rating. Its strategic location near UCSD and the trolley ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or young professionals seeking a move-in ready residence.
Estimated Market Value
$638,306
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 |
|---|---|---|---|---|---|---|
★ 3525 Lebon 209 Subject | $650,000* List Price | 2 | 2 | 1,008 | $633 | - |
A 8308 Regents Rd 1h Sold | $480,000 | 2 | 1 | 844 | $569 | 0.3 mi |
B 8332 Regents Rd 1f Sold | $560,000 | 2 | 2 | 1,054 | $531 | 0.2 mi |
C 4085 Crystal Dawn 201 Sold | $752,500 | 2 | 2 | 1,212 | $621 | 0.3 mi |
D 4070 Rosenda Court 214 Sold | $699,000 | 2 | 2 | 966 | $724 | 1.0 mi |
E 7545 Charmant Dr 1510 Sold | $675,000 | 2 | 2 | 1,037 | $651 | 0.3 mi |
F 8324 Regents Rd 2e Sold | $555,000 | 2 | 2 | 894 | $621 | 0.2 mi |
G 8878 Regents Road 201 Active | $749,000 List Price | 2 | 2 | 1,212 | $618 | 0.3 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.
Although built in 1981, the property has undergone a recent high-end remodel within the last 5 years. The kitchen features brand new stainless steel appliances, modern shaker cabinetry, and stone countertops. The unit is in turnkey, mint condition with updated flooring and in-unit laundry.
PROSSTRENGTHS & OPPORTUNITIES
- Prime UTC Location
Situated in the heart of University City, the property offers exceptional proximity to UCSD, Westfield UTC, and the trolley, making it highly attractive for students and professionals.
- Turnkey Remodel
The unit features a newly remodeled kitchen with modern appliances and a functional layout, providing a move-in-ready experience for buyers or investors.
- Secure Parking
The inclusion of two assigned underground parking spaces in a gated community is a significant value-add in a high-density area where parking is often limited.
CONSRISKS & DEFICIENCIES
- High HOA Dues
The monthly association fee of $574 is relatively high, which may impact the overall affordability and debt-to-income ratio for some buyers.
- Aging Infrastructure
Built in 1981, the building's older infrastructure and common areas may require ongoing maintenance or future assessments compared to newer developments in the area.
About 3525 Lebon 209
Prime UTC Location | Remodeled 2BR/2BA | Ideal for UCSD & Young Professionals! Bright and spacious 2BR/2BA condo in the highly desirable gated La Jolla Garden, located in the heart of UTC. The newly remodeled kitchen features a brand new cooktop and newer stainless-steel appliances, complemented by a spacious living room with cozy fireplace, generous primary suite with walk-in closet, in-unit full-size washer/dryer, and private balcony with storage. Enjoy desirable community amenities including pool, spa, clubhouse, BBQ area, gated entry, elevator access, guest parking, and 2 assigned underground parking spaces. Close to UCSD, Westfield UTC, grocery stores, restaurants, trolley, and more, with easy access to I-5 and I-805. A fantastic opportunity for UCSD students, young professionals, parents, or investors. Furnishings may also be available for purchase for added convenience. Turnkey, well-located, and ready to enjoy—don’t miss this exceptional UTC opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 49,697 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $574.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,008 | 1,002.307 |
| Lot Size | 49,697 | 75,574.68 |
| Price | $650.0K | $596.0K |
| Price per sq ft | $645 | $612 |
| Built year | 1981 | 1985 |
| HOA | $574.0 | $529 |
| Days on market | 26 | 55 |
Pricing History
Listed for Sale
Aug 27, 2026
$650,000
$675,000
-4% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$675,000
Initial Listing
Sold
Jun 25, 2019
$500,000
Public Record
Sold
Apr 5, 2013
$351,000
Public Record
Sold
Jun 24, 2011
$265,500
Public Record