
San Diego, California 92115
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $420,000—positioned slightly above the $408,684 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating with recent upgrades including new LVP flooring and stainless steel appliances. Located minutes from San Diego State University, this unit offers high rental demand and secure underground parking. It is an ideal acquisition for Buy-and-Hold Investors seeking a turnkey rental or first-time buyers prioritizing a central, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4222 Menlo Avenue 28 Subject 2 bd · 2 ba · 800 sqft · $511 | $420,000* List Price | 2 | 2 | 800 | $511 | - |
A 4212 48th St. #7 Sold 2 bd · 1 ba · 761 sqft · $447 · 0.2 mi | $340,000 | 2 | 1 | 761 | $447 | 0.2 mi |
B 4222 Menlo Ave Unit 21 Active 2 bd · 2 ba · 800 sqft · $531 · 0.0 mi | $425,000 List Price | 2 | 2 | 800 | $531 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the property was built in 1992 (34 years old), it qualifies as Good due to being well-maintained and move-in ready. It features recent cosmetic renovations (<5 years) including new LVP flooring, fresh interior paint, and new stainless steel appliances. While the kitchen cabinetry and bathroom vanities appear original/dated, the overall condition is functional with no visible structural defects.
The unit is move-in ready featuring significant recent improvements, including new luxury vinyl plank flooring, fresh interior paint, and brand-new stainless steel appliances.
Located just minutes from San Diego State University, this property offers high rental potential and excellent proximity to shopping, dining, and major freeway access.
The inclusion of two assigned parking spaces within a gated underground garage is a premium feature for this high-density area, providing both convenience and security.
At 800 square feet for a two-bedroom, two-bathroom configuration, the living spaces and bedrooms may feel restrictive for buyers seeking more generous proportions.
The property relies on communal on-site laundry facilities rather than in-unit hookups, which may be a drawback for buyers prioritizing maximum convenience.
Welcome to Menlo Village, a gated condo community ideally located in the heart of San Diego’s College Area. Just minutes from San Diego State University, this location offers convenient access to shopping, dining, entertainment, and major freeways. This move-in ready unit features an open-concept layout with new stainless steel appliances, new LVP flooring, and fresh interior paint. The property also includes two assigned parking spaces in a gated underground garage, along with newer on-site laundry facilities. Well-maintained and ready for its next owners, this condo offers comfortable living in a convenient central San Diego location.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 800 | 1,018.142 |
| Lot Size | 34,484 | 75,257.211 |
| Price | $420.0K | $598.4K |
| Price per sq ft | $525 | $607 |
| Built year | 1992 | 1986 |
| HOA | $450.0 | $536 |
| Days on market | 26 | 58 |
Sep 29, 2026
$420,000
Initial Listing
Dec 30, 2010
$112,000
Public Record
May 28, 2004
$245,000
Public Record