4521 55th Street 14, San Diego, California 92115, San Diego, 92115 - 2 bed, 2 bath
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San Diego, California 92115
This Condominium represents a High-Potential Investment Opportunity, listed at $489,000—positioned well above the $433,529 Fair Market Value by 12%. While priced above market, the property offers a Good Condition Rating with a Granite Kitchen and Private Balcony, ensuring immediate rental readiness. Its proximity to SDSU drives consistent demand, making this an ideal Asset for Buy-and-Hold Investors seeking to scale via the seller's portfolio offering, or Owner-Occupants prioritizing a move-in-ready, low-maintenance lifestyle near major transit corridors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4521 55th Street 14 Subject | $489,000* List Price | 2 | 2 | 735 | $590 | - |
A 4560 60th Street 20 Sold | $370,000 | 1 | 1 | 741 | $499 | 0.4 mi |
B 4504 60th Street 13 Sold | $473,000 | 2 | 2 | 827 | $572 | 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 4501 Collwood Blvd 4 Sold | $492,000 | 2 | 2 | 1,005 | $490 | 0.3 mi |
H 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 move-in ready.
Built in 1995 (31 years old), the property qualifies as 'Good' due to being 'beautifully updated' and move-in ready. The kitchen features granite countertops and updated cabinetry, and the unit includes functional central HVAC systems. The interior renovations appear to fall within the 5-15 year range, offsetting the building's chronological age.
Located just minutes from San Diego State University (SDSU), this property is perfectly positioned to capture high rental demand from students and faculty, ensuring strong investment potential.
As a top-floor unit in a gated community, the home offers enhanced privacy with no neighbors above, complemented by essential modern features like central HVAC, elevator access, and assigned garage parking.
The seller's offering of multiple units (2, 12, and 14) for individual or portfolio purchase provides a rare opportunity for investors to scale their holdings within a single, well-maintained complex.
At 735 square feet for a two-bedroom, two-bathroom layout, the living spaces may feel tight for residents, potentially limiting appeal to those seeking more spacious accommodations.
The assigned public schools for this address have below-average ratings (3 and 4 out of 10), which may deter long-term owner-occupants with school-aged children.
Welcome to Summit Place! This beautifully updated 2-bedroom, 2-bath top-floor condo is located in a gated community just minutes from SDSU. The open-concept living area features a cozy fireplace, abundant natural light, and direct access to a private balcony, creating an inviting space for everyday living and entertaining. The kitchen is appointed with granite countertops, ample cabinetry, and a functional layout, while the spacious primary suite offers comfort and privacy. Additional highlights include central heating and air conditioning, assigned garage parking, and elevator access. Conveniently located near shopping, restaurants, parks, and major freeways, this move-in-ready home offers the perfect combination of comfort, convenience, and value. Seller is completing a 1031 Exchange and is offering Units 2, 12, and 14 for sale individually or as a portfolio purchase, presenting a unique opportunity for investors or owner-occupants seeking to purchase multiple units within the same desirable community.
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 | 735 | 999 |
| Lot Size | 16,881 | 84,697.5 |
| Price | $489.0K | $604.2K |
| Price per sq ft | $665 | $618 |
| Built year | 1995 | 1985 |
| HOA | $405.0 | $500 |
| Days on market | 9 | 53 |
Jul 13, 2026
$489,000
Initial Listing
Oct 26, 2009
$117,000
Public Record
Aug 8, 2006
$360,000
Public Record