3955 Faircross Place 240, San Diego, California 92115, San Diego, 92115 - 2 bed, 2 bath
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San Diego, California 92115
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $489,000—positioned well below the $507,143 Fair Market Value by 3%. This valuation gap offers $18,143 in Instant Equity. With a Condition Rating of 2, the unit features a Granite Kitchen, new HVAC, and modern upgrades. Located near SDSU with a Neighborhood View, this property is a secure, move-in ready asset. It is an ideal choice for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3955 Faircross Place 240 Subject | $489,000* List Price | 2 | 2 | 1,134 | $447 | - |
A 5885 El Cajon Blvd 305 Sold | $493,000 | 2 | 2 | 1,123 | $439 | 0.8 mi |
B 3955 Faircross Place 74 Sold | $483,000 | 2 | 2 | 1,069 | $452 | 0.0 mi |
C 3980 60th Street 37 Sold | $530,000 | 2 | 3 | 1,041 | $509 | 0.2 mi |
D 5885 El Cajon Blvd 214 Sold | $435,000 | 2 | 2 | 1,123 | $387 | 0.8 mi |
E 5990 Dandridge Ln 198 Sold | $450,000 | 2 | 2 | 1,069 | $421 | 0.1 mi |
F 3980 Faircross Place 24 Active | $489,900 List Price | 2 | 2 | 1,069 | $458 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1985, the property underwent a comprehensive renovation of major systems within the last 1-3 years, including a new HVAC system, windows, sliders, and stainless appliances in 2023, plus an upgraded electrical breaker box in 2026. The interior features modern laminate flooring and granite countertops, and the HOA has recently completed extensive exterior maintenance, making it a turn-key, mint-condition unit.
The property features $16k in high-value improvements from 2023, including a new HVAC system, windows, sliders, and appliances, plus a new breaker box in 2026, ensuring immediate move-in readiness and reduced maintenance costs.
As a top-floor corner unit, this home offers enhanced privacy and natural light, featuring a desirable dual primary suite layout that is perfect for roommates or hosting guests.
The HOA has recently invested in significant capital improvements, including exterior renovations, plumbing updates, and enhanced security measures like cameras and patrolling guards, providing peace of mind for residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =62290, other record lot size in square feet = 62193.
At $645 per month, the association dues are relatively high, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
The local public schools assigned to this property carry a rating of 4 out of 10, which may be a concern for families prioritizing high-performing educational districts.
Perfect Private Location Top Floor Corner Unit at Sunrise Point in The Heart of College Grove. This 4th floor home Offers 2 Primary Suites one with its own private balcony both with lots of closet space. In 2023 all WINDOWS, SLIDERS, APPLIANCES, and HVAC System upgraded $16k and New Upgraded Breaker Box in 2026. Kitchen has granite counters and opens up nicely to Family Room where this open concept makes entertaining a Breeze. Includes in unit washer and dryer. Community Park right across street. Location can't be beat just Minutes from SDSU, Balboa Park, Downtown San Diego, shopping, freeways and mass transit. You will enjoy the security and convenience of gated parking garage with 2 assigned parking spots with elevator easily accessed in your secure lobby. HOA fee includes Water, Limited Insurance, Grounds Maintenance, Pest Control, Sewer and Trash. HOA also recently refinished the entire exterior. Repaired any damaged/old wood. Checked for termites. Painted and resealed all of the balconies. And then they put up security cameras and lights all over the buildings. Plus there’s a security guards now that drives around. There’s brand new water heaters in building. The plumbing has been redone in several spots and they’re planning to do more. So it's completely Move in ready so you can go enjoy San Diego living at its best.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,134 | 875 | 91% |
| Lot Size | 62,290.801 | - | 89% |
| Price | $489.0K | $454.0K | 64% |
| Price per sq ft | $431 | $525 | 17% |
| Built year | 1985 | 1981 | 72% |
| HOA | $645.0 | $451 | 94% |
| Days on market | 50 | 152 | 6% |
Apr 17, 2026
$489,000
Initial Listing
May 23, 2008
$175,000
Public Record