4851 Collwood Blvd B, San Diego, California 92115, San Diego, 92115 - 2 bed, 2 bath
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4851 Collwood Blvd B
San Diego, California 92115
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
971Sq Ft
0Lot Size
Property Price
LIST PRICE$435,000
EST. MARKET VALUE
$450,000
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $450,000—positioned well below the $485,846 Fair Market Value by 7%. This valuation gap offers $35,846 in Instant Equity for the buyer. With an Excellent Condition Rating following a 2024 renovation, the unit features a modern kitchen, central A/C, and private balconies with Trees/Woods views. Located near SDSU and top-rated schools like Hardy Elementary, this property is an ideal fit for Owner-Occupants or rental investors seeking a move-in ready asset.
Estimated Market Value
$450,000+$15,000 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4851 Collwood Blvd B Subject | $435,000* List Price | 2 | 2 | 971 | $463 | - |
A 4501 Collwood Blvd 4 Sold | $492,000 | 2 | 2 | 1,005 | $490 | 0.5 mi |
B 5885 El Cajon Blvd 113 Sold | $499,000 | 2 | 2 | 1,123 | $444 | 1.0 mi |
C 4545 Collwood Blvd 38 Sold | $437,750 | 2 | 2 | 1,120 | $391 | 0.5 mi |
D 5885 El Cajon Boulevard 105 Sold | $430,000 | 2 | 2 | 1,123 | $383 | 1.0 mi |
E 5511 Adelaide Ave 21 Sold | $397,000 | 2 | 1 | 875 | $454 | 0.8 mi |
F 5055 Collwood 320 Active | $545,000 List Price | 2 | 2 | 971 | $561 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive interior renovation in 2024, including a fully remodeled kitchen with modern cabinetry and stone counters, an updated primary bath, new carpeting, and new sliding glass doors. Despite the 1970 build date, the recent high-end updates and inclusion of central A/C place it in the excellent category.
PROSSTRENGTHS & OPPORTUNITIES
- Recent 2024 Renovations
The unit features a fully remodeled kitchen, modern primary bath, and new flooring, offering a turnkey, move-in-ready experience for the buyer.
- Desirable Unit Positioning
As a top-floor end unit, the property ensures maximum privacy, quiet living, and abundant natural light with two private balconies and only one shared wall.
- Strategic Location
Situated near SDSU, major freeways, and public transit, the property holds strong appeal for both owner-occupants and rental investors seeking high demand.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $578 is relatively high for this price point, which may impact overall monthly affordability and buyer qualification.
- Parking Constraints
With only one assigned carport space for a two-bedroom unit, multi-car households may find the reliance on unassigned parking permits inconvenient.
About 4851 Collwood Blvd B
PRICE IMPROVED for this spacious light filled 2BD/2BA condo in the gated Collwood Villas community! This top floor end unit was thoroughly updated in 2024 with a fully remodeled kitchen, modern primary bath, new carpeting and new sliding glass doors opening onto two private balconies. Features central A/C, abundant storage, 1 assigned carport space, and an unassigned parking permit. Amenities include a pool, spa, lushly landscaped grounds and laundry facilities onsite. Conveniently located near SDSU, freeways, shopping and transit!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $578.0 / Month
Neighborhood Insights
San Diego Unified Schools
Hardy Elementary School
Grades K-5 • 0.3 mi
8/10
Fay Elementary School
Grades K-5 • 1.1 mi
3/10
Clay Elementary School
Grades K-5 • 1.5 mi
5/10
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 | 971 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $435.0K | $596.0K |
| Price per sq ft | $448 | $612 |
| Built year | 1970 | 1985 |
| HOA | $578.0 | $529 |
| Days on market | 27 | 55 |
Pricing History
Listed for Sale
Aug 26, 2026
$435,000
$450,000
-3% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$450,000
Initial Listing
Sold
Oct 13, 2021
$407,000
Public Record