3525 Lebon Dr. 302, San Diego, California 92122, San Diego, 92122 - 2 bed, 2 bath
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3525 Lebon Dr. 302
San Diego, California 92122
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,138Sq Ft
0Lot Size
Property Price
LIST PRICE$679,000
EST. MARKET VALUE
$634,505
7% AboveMARKET VALUE
SUMMARY
This Spacious Top-Floor Condo is a Strong Value Opportunity, listed at $679,000—positioned well below the $634,506 Fair Market Value by -7%. While the property is in Fair Condition Rating, it features a versatile loft, In-Unit Laundry, and Community Pool/Spa access. The prime UTC location near UCSD ensures high rental demand, making this an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through cosmetic modernization of the kitchen and living spaces.
Estimated Market Value
$634,505
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 Dr. 302 Subject 2 bd · 2 ba · 1,138 sqft · $558 | $679,000* List Price | 2 | 2 | 1,138 | $558 | - |
A 4030 Porte La Paz 90 Sold 2 bd · 2 ba · 1,086 sqft · $562 · 0.6 mi | $610,000 | 2 | 2 | 1,086 | $562 | 0.6 mi |
B 8332 Regents Rd E Sold 2 bd · 2 ba · 1,075 sqft · $526 · 0.2 mi | $565,000 | 2 | 2 | 1,075 | $526 | 0.2 mi |
C 8332 Regents Rd 1f Sold 2 bd · 2 ba · 1,054 sqft · $531 · 0.2 mi | $560,000 | 2 | 2 | 1,054 | $531 | 0.2 mi |
D 3890 Nobel 1504 Sold 2 bd · 2 ba · 1,200 sqft · $458 · 0.1 mi | $549,000 | 2 | 2 | 1,200 | $458 | 0.1 mi |
E 3965 Nobel Drive 230 Sold 2 bd · 3 ba · 1,100 sqft · $680 · 0.2 mi | $748,000 | 2 | 3 | 1,100 | $680 | 0.2 mi |
F 3941 Nobel Dr 174 Sold 2 bd · 3 ba · 1,100 sqft · $705 · 0.2 mi | $775,000 | 2 | 3 | 1,100 | $705 | 0.2 mi |
G 8324 Regents Rd 2e Sold 2 bd · 2 ba · 894 sqft · $621 · 0.2 mi | $555,000 | 2 | 2 | 894 | $621 | 0.2 mi |
H 7876 Camino Huerta Sold 3 bd · 2 ba · 1,170 sqft · $620 · 0.7 mi | $725,000 | 3 | 2 | 1,170 | $620 | 0.7 mi |
I 4012 Nobel Pending 1 bd · 1 ba · 1,019 sqft · $666 · 0.2 mi | $679,000 List Price | 1 | 1 | 1,019 | $666 | 0.2 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 1981, the property is over 40 years old. While it features brand new carpet and granite countertops, the kitchen remains dated with older white appliances (coil-top stove) and painted raised-panel cabinets. It is well-maintained and move-in ready, but requires cosmetic updates to the kitchen and likely the systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime UTC Location
Situated within walking distance to UCSD, UTC Mall, and major shopping centers, this property offers exceptional convenience and high rental demand potential.
- Versatile Top-Floor Layout
The unit features high ceilings and a spacious loft that serves as a functional home office, providing a sense of volume and flexibility not found in standard two-bedroom condos.
- Comprehensive Community Amenities
This gated community includes desirable features such as two assigned parking spaces, in-unit laundry, a pool, spa, and an exercise room, enhancing the overall lifestyle value.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $602 per month is relatively high and may impact the monthly affordability for budget-conscious buyers.
- Dated Infrastructure
Built in 1981, the property may require further interior modernization beyond the new carpeting to compete with newer luxury developments in the University City area.
About 3525 Lebon Dr. 302
Priced to move. This is a light and bright top floor condo in the heart of UTC! Two large bedrooms and a very spacious loft which can be used as an office - brand new carpet throughout. Open floor plan with high ceilings. Fireplace in the living room with sliding glass doors to the balcony and the storage closet. A breakfast bar connects the kitchen and the dining area. Master bedroom has a huge walk-in closet. Washer/Dryer inside the unit. There is an additional secured storage unit in the garage, two assigned parking spaces plus visitor parking. This gated community is well-maintained with great amenities that include a pool, a spa and a great exercise room. Amazing location within walking distance to UCSD, UTC Mall, shopping centers, great restaurants, and beaches nearby. Seller is motivated.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $602.0 / 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 | 1,138 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $679.0K | $598.4K |
| Price per sq ft | $597 | $607 |
| Built year | 1981 | 1986 |
| HOA | $602.0 | $536 |
| Days on market | 20 | 58 |
Pricing History
Listed for Sale
Oct 5, 2026
$679,000
Initial Listing