3525 Lebon Drive 204, San Diego, California 92122, San Diego, 92122 - 2 bed, 2 bath
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San Diego, California 92122
This condo presents a Strong Value Opportunity, listed at $698,000—positioned well above the $655,567 Fair Market Value by 6%. While the property requires cosmetic updates due to its Condition Rating of 4, it offers a prime UTC location with assigned underground parking and elevator access. The unit features laminate flooring and a cozy fireplace, providing a functional base for modernization. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity in a high-demand San Diego neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3525 Lebon Drive 204 Subject | $698,000* List Price | 2 | 2 | 1,008 | $650 | - |
A 4044 Crystal Dawn Ln 203 Sold | $635,000 | 2 | 2 | 1,073 | $592 | 0.3 mi |
B 4190 Porte De Palmas 25 Sold | $700,000 | 2 | 2 | 1,004 | $697 | 0.5 mi |
C 4018 Nobel Dr 204 Sold | $710,000 | 2 | 2 | 1,203 | $590 | 0.2 mi |
D 4030 Porte La Paz 87 Sold | $625,000 | 2 | 2 | 806 | $775 | 0.9 mi |
E 7425 Charmant 2801 Sold | $639,000 | 2 | 2 | 934 | $684 | 0.3 mi |
F 3911 Camino Lindo Sold | $790,000 | 3 | 2 | 1,221 | $647 | 0.7 mi |
G 4040 Porte La Paz 76 Sold | $685,000 | 2 | 2 | 1,086 | $631 | 0.9 mi |
H 7959 Caminito Dia 2 Active | $800,000 List Price | 2 | 2 | 1,103 | $725 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this 43-year-old condo is functional but dated. While it features newer laminate flooring, the kitchen and bathrooms appear to have original or aged cabinetry, countertops, and tiling (>20 years old). The presence of popcorn ceilings and older lighting fixtures indicates a need for cosmetic modernization and minor repairs.
Situated in the heart of University City, the property offers exceptional proximity to UCSD, Westfield UTC mall, and major transit hubs including the trolley and freeways 5 and 805.
The unit includes two assigned underground parking spaces and elevator access from the garage to the unit level, providing a high level of convenience and security.
The condo is well-equipped for modern living with in-unit laundry, a cozy fireplace, laminate flooring throughout, and a master suite featuring a walk-in closet.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =49788, other record lot size in square feet = 49697.
The monthly HOA fee of $602 is relatively high, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
Built in 1981, the property may require cosmetic modernizations or system upgrades to compete with the newer luxury condominium developments in the surrounding UTC area.
Locate in the heart of UTC, Gated, this spacious and bright 2 bedroom 2 bath condo situated on a second level of the building in community of La Jolla Garden. The unit features Laminate flooring through out, large master bedroom with walk-in closet, nice size secondary bedroom, linen closet, cozy fireplace, in-unit laundry, large balcony with storage, assigned two car underground parking spaces, elevator access from garage and ground level. La Jolla Garden amenities include pool/spa, club house with kitchen and dinner room, and it is close to UCSD, UTC Westfield mall, grocery stores, restaurants, trolley, bus stop, Freeway 5 and 805. For Navigation to the property, please use 3830 Nobel Dr. San Diego.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,008 | 999 |
| Lot Size | 49,788 | 84,697.5 |
| Price | $698.0K | $604.2K |
| Price per sq ft | $692 | $618 |
| Built year | 1981 | 1985 |
| HOA | $602.0 | $500 |
| Days on market | 31 | 53 |
Jun 21, 2026
$698,000
Initial Listing
Feb 14, 2014
$368,000
Public Record
Feb 28, 2008
$332,000
Public Record