4521 55th St 2, San Diego, California 92115, San Diego, 92115 - 2 bed, 2 bath
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4521 55th St 2
San Diego, California 92115
ACTIVE
CONDITION: FAIR
2Beds
2Baths
761Sq Ft
0Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$400,148
12% AboveMARKET VALUE
SUMMARY
This Condominium presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well above the $400,148 Fair Market Value by 12%. While the property is priced above current estimates, its Fair Condition Rating and prime location near SDSU offer long-term stability. Featuring 10-foot ceilings, a private patio, and dual parking assets, the unit provides functional living space in a high-demand rental market. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a central, low-maintenance residence near campus.
Estimated Market Value
$400,148
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 |
|---|---|---|---|---|---|---|
★ 4521 55th St 2 Subject 2 bd · 2 ba · 761 sqft · $526 | $450,000* List Price | 2 | 2 | 761 | $526 | - |
A 4560 60th Street 20 Sold 1 bd · 1 ba · 741 sqft · $499 · 0.4 mi | $370,000 | 1 | 1 | 741 | $499 | 0.4 mi |
B 4212 48th St. #7 Sold 2 bd · 1 ba · 761 sqft · $447 · 1.0 mi | $340,000 | 2 | 1 | 761 | $447 | 1.0 mi |
C 4504 60th Street 13 Sold 2 bd · 2 ba · 827 sqft · $572 · 0.4 mi | $473,000 | 2 | 2 | 827 | $572 | 0.4 mi |
D 5511 Adelaide Ave 21 Sold 2 bd · 1 ba · 875 sqft · $454 · 0.1 mi | $397,000 | 2 | 1 | 875 | $454 | 0.1 mi |
E 4545 Collwood 55 Sold 1 bd · 1 ba · 756 sqft · $463 · 0.3 mi | $350,000 | 1 | 1 | 756 | $463 | 0.3 mi |
F 5700 Bates St 6 Sold 2 bd · 2 ba · 874 sqft · $498 · 0.9 mi | $435,000 | 2 | 2 | 874 | $498 | 0.9 mi |
G 4859 Collwood B Sold 1 bd · 1 ba · 731 sqft · $499 · 0.7 mi | $365,000 | 1 | 1 | 731 | $499 | 0.7 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 1991 (33 years old), the property falls into the 'Fair' category based on age and the era of its updates. While it features some improvements like granite countertops and newer flooring in the living area, the bedroom carpeting and cabinetry appear to be 15-20 years old, making the unit functional but dated and in need of minor cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime SDSU Location
Situated just minutes from San Diego State University, this property offers exceptional convenience for students and faculty, ensuring high rental demand and strong investment potential.
- Superior Parking Assets
The rare combination of both a private garage and an additional designated parking space provides a significant competitive advantage in a high-density area where parking is typically scarce.
- Enhanced Living Volume
Impressive 10-foot ceilings and a private ground-floor patio create an open, airy atmosphere that makes the 761-square-foot layout feel substantially larger and more functional than standard condos.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At 761 square feet for a two-bedroom, two-bathroom configuration, the interior living areas and bedrooms may feel tight for residents with larger furniture or those requiring significant storage.
- Below-Average School Ratings
The assigned public schools carry modest ratings (3-4 out of 10), which may deter owner-occupant families who prioritize high-performing educational districts.
About 4521 55th St 2
This inviting 2-bedroom, 2-bath ground-floor condo near SDSU offers a rare combination of comfort, convenience, and private outdoor space in the highly desirable Summit Place community. Inside, impressive 10-foot ceilings create an open, airy feel and help the home live larger than its footprint. The layout includes a private patio, an especially valuable feature for pet owners or anyone who enjoys having an easy-access outdoor retreat. The home also comes with both a garage and a designated parking space, adding convenience that is hard to find this close to campus. Located just minutes from San Diego State University, the property offers easy access to restaurants, shopping, everyday conveniences, and major freeways, making it a great option for buyers looking for a central San Diego location with practical amenities and a more private, residential feel.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $405.0 / Month
Neighborhood Insights
San Diego Unified Schools
Fay Elementary School
Grades K-5 • 0.7 mi
3/10
Mann Middle School
Grades 6-8 • 0.3 mi
4/10
Crawford High School
Grades 9-12 • 0.5 mi
4/10
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 | 761 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $450.0K | $598.4K |
| Price per sq ft | $591 | $607 |
| Built year | 1991 | 1986 |
| HOA | $405.0 | $536 |
| Days on market | 25 | 58 |
Pricing History
Listed for Sale
Sep 30, 2026
$450,000
Initial Listing
Sold
Feb 22, 2010
$115,000
Public Record
Sold
Apr 3, 2006
$365,000
Public Record