4521 55th 2, San Diego, California 92115, San Diego, 92115 - 2 bed, 2 bath
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San Diego, California 92115
This High-Potential Investment Opportunity is listed at $489,000, positioned above the $424,765 Fair Market Value. While priced for the current market, the property offers a unique Buy-and-Hold Investor appeal due to the seller offering three units simultaneously. With a Fair Condition Rating, the unit features modern central HVAC and a private garage with EV charging. Located minutes from SDSU, this asset provides strong rental demand. It is an ideal acquisition for first-time buyers or investors seeking to scale their portfolio in a secure, gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4521 55th 2 Subject | $489,000* List Price | 2 | 2 | 761 | $558 | - |
A 4504 60th Street 13 Sold | $473,000 | 2 | 2 | 827 | $572 | 0.4 mi |
B 4560 60th Street 20 Sold | $370,000 | 1 | 1 | 741 | $499 | 0.4 mi |
C 4859 Collwood B Sold | $365,000 | 1 | 1 | 731 | $499 | 0.7 mi |
D 4521 55th Street #4 Sold | $449,000 | 2 | 2 | 735 | $611 | - |
E 5700 Bates St 6 Sold | $435,000 | 2 | 2 | 874 | $498 | 0.9 mi |
F 5510 Adelaide Ave. 1 Sold | $361,600 | 1 | 1 | 650 | $556 | 0.1 mi |
G 4540 60th Street 211 Active | $450,000 List Price | 2 | 2 | 845 | $533 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995 (29 years old), the property falls into the Fair category (>20 years). While the unit appears well-maintained, move-in ready, and features functional systems like central HVAC and a modern EV charging hookup, the age suggests that original kitchen/bath finishes and core systems are likely approaching the end of their typical lifecycle and may require minor updates.
The property includes a rare private detached one-car garage equipped with an EV charging hookup plus an additional assigned parking space, offering significant convenience and value in a high-density area.
Situated in the desirable College Area just minutes from SDSU, this condo presents a high-demand rental opportunity and strong long-term appreciation potential for investors or first-time homeowners.
Built in 1995, this residence features essential modern amenities including central heating and air conditioning, elevator access, and a secure gated community environment with low HOA dues.
With only 761 square feet allocated for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for buyers seeking spacious living or dining areas.
The local public schools carry relatively low ratings (3-4 out of 10), which may be a deterrent for families prioritizing high-performing educational environments.
Your first home, your way! This bright and inviting 2-bedroom, 2-bathroom, 761-square-foot first-floor condo offers an exceptional opportunity into homeownership in San Diego's highly desirable College Area. Located within a secure gated community, this well-designed residence features an open layout, central heating and air conditioning, elevator access, tropical landscaped grounds, and both front and rear gated entrances, all within an intimate community of just 25 units. A rare bonus includes a private detached one-car garage equipped with an EV charging hookup, plus an additional assigned parking space. Just minutes from SDSU, shopping, dining, parks, and convenient freeway access, this home delivers the perfect combination of comfort, convenience, and long-term value. Built in 1995 with HOA dues of just $405 per month. Seller is completing a 1031 Exchange and is offering Units 2, 12, and 14 for sale individually or together, presenting a unique opportunity for investors, owner-occupants, or buyers looking to acquire multiple units within the same community. Schedule your private showing today!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 761 | 999 |
| Lot Size | 16,881 | 84,697.5 |
| Price | $489.0K | $604.2K |
| Price per sq ft | $643 | $618 |
| Built year | 1995 | 1985 |
| HOA | $405.0 | $500 |
| Days on market | 9 | 53 |
Jul 13, 2026
$489,000
Initial Listing
Feb 22, 2010
$115,000
Public Record
Apr 3, 2006
$365,000
Public Record