4875 Cole 61, San Diego, California 92117, San Diego, 92117 - 2 bed, 2 bath
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San Diego, California 92117
This Updated Condominium is a Strong Value Opportunity, listed at $510,000—positioned well below the $510,558 Fair Market Value by 0.11%. Featuring a Condition Rating of 3, this move-in ready home offers a versatile floor plan with a private patio and distant horizon views. Located in the heart of Clairemont near top-rated schools like Holmes Elementary, it provides an ideal balance of central convenience and lifestyle. This property is a perfect fit for first-time buyers or investors seeking a stable, well-maintained asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4875 Cole 61 Subject | $499,000* List Price | 2 | 2 | 870 | $585 | - |
A 4875 Cole St 69 Sold | $480,000 | 3 | 2 | 952 | $504 | 0.0 mi |
B 4875 Cole Street 51 Sold | $455,000 | 2 | 2 | 870 | $523 | 0.0 mi |
C 4885 Cole 36 Active | $459,000 List Price | 2 | 2 | 870 | $528 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1974, the interior has been significantly updated with modern flooring, recessed lighting, and an open-concept kitchen. The property is well-maintained and move-in ready, consistent with a 5-15 year renovation profile.
Elementary School: Holmes Elementary School (9/10).
Situated in the heart of Clairemont, this property offers exceptional proximity to Mission Bay, La Jolla, and major San Diego hubs, making it highly desirable for commuters and coastal enthusiasts.
The inclusion of elegant French doors allows the living area to function as an optional third bedroom or home office, providing rare flexibility for a unit of this size.
The $500 monthly association fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
At 870 square feet, the living space may feel cramped when utilized as a multi-bedroom home, potentially limiting its appeal to larger households or those requiring ample storage.
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. Ask about special financing options—qualified buyers may be eligible for zero down payment and little to no closing costs. Don't miss this incredible opportunity!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.2 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 870 | 999 |
| Lot Size | 46,337 | 84,697.5 |
| Price | $499.0K | $604.2K |
| Price per sq ft | $574 | $618 |
| Built year | 1974 | 1985 |
| HOA | $500.0 | $500 |
| Days on market | 16 | 53 |
Jul 16, 2026
$499,000
$510,000
-2% Price Drop
Initial Listing
Jul 6, 2026
$510,000
Initial Listing
May 19, 2022
$462,000
Public Record
Mar 25, 1994
$58,000
Public Record