4875 Cole St 61, San Diego, California 92117, San Diego, 92117 - 2 bed, 2 bath
Loading property details...
4875 Cole St 61
San Diego, California 92117
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
870Sq Ft
46,337Lot Size
Property Price
LIST PRICE$479,888
EST. MARKET VALUE
$509,244
5% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $479,888—positioned well below the $509,244 Fair Market Value by 5%. This valuation gap provides $29,356 in Instant Equity. Featuring an Excellent Condition Rating, the home offers a Versatile Floor Plan with French doors and a Modern Open-Concept Kitchen. Located near Top-Rated Schools like Holmes Elementary, this property is an ideal acquisition for first-time buyers or investors seeking a central, low-maintenance asset in the heart of San Diego.
Estimated Market Value
$509,244+$29,356 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 |
|---|---|---|---|---|---|---|
★ 4875 Cole St 61 Subject | $479,888* List Price | 2 | 2 | 870 | $585 | - |
A 4875 Cole Street 51 Sold | $455,000 | 2 | 2 | 870 | $523 | 0.0 mi |
B 4875 Cole St 69 Sold | $480,000 | 3 | 2 | 952 | $504 | 0.0 mi |
C 4885 Cole 34 Active | $439,000 List Price | 2 | 2 | 840 | $523 | 0.0 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.
While the structure dates to 1974, the property is described as 'beautifully updated' with modern finishes, an open-concept kitchen, and updated flooring. The visual evidence of recessed lighting and contemporary fixtures suggests a renovation within the last 5 years, meeting the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Holmes Elementary School (9/10).
- Prime Central Location
Situated in the heart of Clairemont, this property offers exceptional proximity to Mission Bay, La Jolla, and major employment hubs, making it highly desirable for commuters and students alike.
- Versatile Floor Plan
The inclusion of elegant French doors allows the living area to serve as an optional third bedroom or home office, providing rare flexibility and maximizing the utility of the 870-square-foot layout.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $500 monthly association fee represents a significant recurring expense that may impact overall affordability and the debt-to-income ratio for budget-conscious buyers.
- Limited Bathroom Count
With only 1.5 bathrooms, the lack of a second full bath may be a drawback for roommates or families, particularly when utilizing the optional third bedroom configuration.
About 4875 Cole St 61
Welcome to this beautifully updated 2-bedroom, 1.5-bath home in the heart of Clairemont! Bright and inviting, this home features a versatile floor plan with the living room enclosed by elegant French doors, creating an optional third bedroom, home office, or guest room. The open-concept kitchen flows seamlessly into the main living area, making it ideal for entertaining and everyday living. Enjoy spacious bedrooms, updated finishes, abundant natural light, a private patio, and assigned parking. Located in a well-maintained community just minutes from Mission Bay, Pacific Beach, La Jolla, USD, Mesa College, and some of San Diego's best beaches. Conveniently close to shopping, restaurants, parks, Costco, Target, major freeways, and public transportation, offering easy access to downtown, UTC, and everything San Diego has to offer. Perfect for first-time buyers, investors, students, or anyone looking for an unbeatable central location. Don't miss this incredible opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 46,337 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
San Diego Unified Schools
Field Elementary School
Grades K-6 • 0.2 mi
7/10
Whitman Elementary School
Grades K-6 • 0.2 mi
3/10
Hawthorne Elementary School
Grades K-6 • 0.8 mi
8/10
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 | 870 | 1,002.307 |
| Lot Size | 46,337 | 75,574.68 |
| Price | $479.9K | $596.0K |
| Price per sq ft | $552 | $612 |
| Built year | 1974 | 1985 |
| HOA | $500.0 | $529 |
| Days on market | 9 | 55 |
Pricing History
Listed for Sale
Aug 31, 2026
$479,888
Initial Listing
Sold
May 19, 2022
$462,000
Public Record
Sold
Mar 25, 1994
$58,000
Public Record