
San Diego, California 92115
This 1-bedroom condominium represents a High-Potential Investment Opportunity, listed at $375,000—positioned slightly above the $363,639 Fair Market Value. While the unit carries a Condition Rating of 4, it offers functional living with granite counters and a private patio. Its proximity to SDSU ensures strong rental demand, though the $560 HOA fee warrants careful budget consideration. This asset provides a stable entry point into the San Diego market, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic, commuter-friendly location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4545 Collwood Boulevard 39 Subject | $350,000* List Price | 1 | 1 | 756 | $467 | - |
A 5511 Adelaide Avenue Sold | $390,000 | 2 | 1 | 875 | $446 | 0.4 mi |
B 5510 Adelaide Ave. 1 Sold | $361,600 | 1 | 1 | 650 | $556 | 0.4 mi |
C 4859 Collwood B Pending | $369,000 List Price | 1 | 1 | 731 | $505 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1971 and shows signs of mid-life renovations (granite counters, stainless appliances, laminate flooring) that are likely 15-20+ years old. The presence of popcorn ceilings, dated wall-mounted AC units, and older cabinetry styles indicate the home is functional but dated, requiring minor repairs and cosmetic updates to meet modern standards.
The property is ideally situated near San Diego State University (SDSU), downtown, and major freeways, making it a high-demand location for students, faculty, and commuters.
This ground-level unit offers exceptional convenience with direct access to an assigned parking space right outside the door, a rare and highly desirable feature in condo living.
With 756 square feet, an open layout, and a private patio, the condo provides a spacious and inviting environment that exceeds the typical footprint of many one-bedroom units.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =93654, other record lot size in square feet = 93430.
The monthly HOA fee of $560 is relatively high for a one-bedroom property, which may impact the monthly carrying costs and overall affordability for budget-conscious buyers.
Built in 1971, the unit and community may require more frequent maintenance or future capital improvements compared to newer developments in the area.
Charming ground-level 1 bed, 1 bath condo ideally located just minutes from SDSU, downtown, shopping, dining, and major freeways. This bright and inviting home features an open layout, spacious bedroom, and a private patio perfect for relaxing or entertaining. Enjoy the convenience of direct access to your assigned parking space right outside your door, plus access to the community pool and spa within this gated community.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 756 | 999 |
| Lot Size | 93,654 | 84,697.5 |
| Price | $350.0K | $604.2K |
| Price per sq ft | $463 | $618 |
| Built year | 1971 | 1985 |
| HOA | $560.0 | $500 |
| Days on market | 63 | 53 |
Jul 2, 2026
$350,000
$370,000
-5% Price Drop
Initial Listing
Jun 17, 2026
$370,000
$375,000
-1% Price Drop
Initial Listing
May 20, 2026
$375,000
Initial Listing
Dec 18, 2020
$285,000
Public Record
Jun 7, 2013
$150,000
Public Record
Aug 4, 2011
$109,000
Public Record
Sep 10, 2010
$100,000
Public Record
Oct 27, 2005
$250,000
Public Record
Mar 15, 2002
$126,000
Public Record