3980 Faircross Place 13, San Diego, California 92115, San Diego, 92115 - 2 bed, 2 bath
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San Diego, California 92115
This 2-bedroom, 2-bath condominium is a Prime Investment Opportunity, listed at $499,343—positioned well below the $511,274 Fair Market Value by 2%. This valuation gap offers $11,931 in Instant Equity. Featuring a Condition Rating of 3, the unit includes modern LVP flooring and stainless steel appliances. With its City Lights view, private balcony, and proximity to SDSU, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a stable, centrally located property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3980 Faircross Place 13 Subject | $499,343* List Price | 2 | 2 | 1,134 | $451 | - |
A 3980 Faircross Place 11 Sold | $507,000 | 3 | 2 | 1,193 | $425 | 0.0 mi |
B 3980 60th Street 37 Sold | $530,000 | 2 | 3 | 1,041 | $509 | 0.2 mi |
C 3955 Faircross Place 74 Sold | $483,000 | 2 | 2 | 1,069 | $452 | 0.1 mi |
D 5885 El Cajon Blvd 305 Sold | $493,000 | 2 | 2 | 1,123 | $439 | 0.8 mi |
E 5990 Dandridge Ln 198 Sold | $450,000 | 2 | 2 | 1,069 | $421 | 0.2 mi |
F 3980 Faircross Pl 36 Active | $499,000 List Price | 2 | 2 | 1,069 | $467 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property has been well-maintained with clear interior updates including modern LVP flooring, recessed lighting, and stainless steel appliances. It is functional and move-in ready, consistent with a 5-15 year renovation cycle.
Situated in the highly sought-after College Area near SDSU, this property offers exceptional rental demand and long-term equity potential for investors and student-parent buyers.
The 1,134 sqft open-concept layout features a dual-suite configuration, in-unit laundry, and a private balcony, providing a high level of comfort and convenience for roommates or guests.
As a VA-approved complex with elevator access and assigned parking, the property is highly accessible to military buyers and those seeking low-maintenance urban living in a secure community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =107593, other record lot size in square feet = 107396.
The monthly association fee of $615 is relatively high, which may impact the overall affordability for first-time buyers and reduce net yields for investors.
With local elementary, middle, and high schools all rated at a 4 out of 10, the property may be less appealing to families specifically seeking top-performing school districts.
Welcome to Sunrise Point in San Diego’s highly sought-after College Area—where location, lifestyle, and long-term potential come together. This spacious 2-bedroom, 2-bath condo is the ideal opportunity for first-time buyers, SDSU parents, VA buyers, or investors looking for strong rental demand in one of San Diego’s most connected neighborhoods. Inside, you’ll find a bright and functional open-concept layout designed for comfortable everyday living. The kitchen opens seamlessly into the dining and living areas, while large windows and a private balcony fill the home with natural light and create a warm, inviting feel. The primary suite offers generous closet space and a private en-suite bath, while the second bedroom and full bathroom provide flexibility for roommates, guests, or a home office setup. Located within a secure, elevator-access community, the home also features in-unit laundry, assigned parking, and low-maintenance condo living—perfect for busy professionals, students, or anyone looking for convenience without sacrificing comfort. Just minutes from SDSU, shopping, restaurants, major freeways, and downtown San Diego, this location checks every box for both owner-occupants and investors. With strong rental potential and a VA-approved complex, this is an excellent opportunity to build equity in a centrally located San Diego community with consistent demand. Whether you're looking for your next home, a smart investment, or a property that can help offset your mortgage through rental income, 3980 Faircross Place #13 delivers flexibility, value, and prime San Diego living.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.5 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 | 107,593.203 | - | 94% |
| Price | $499.3K | $454.0K | 70% |
| Price per sq ft | $440 | $525 | 21% |
| Built year | 1985 | 1981 | 72% |
| HOA | $615.0 | $451 | 87% |
| Days on market | 10 | 152 | 4% |
May 27, 2026
$499,343
Initial Listing
Jan 18, 2023
$495,000
Public Record
Dec 30, 1997
$84,000
Public Record