
San Diego, California 92115
This Turnkey Condominium represents a Strong Value Opportunity, listed at $489,950—positioned well below the $517,685 Fair Market Value by 5%. This valuation gap provides $27,735 in Instant Equity. Featuring a remodeled kitchen with quartzite countertops, newer LVP flooring, and a newer HVAC system, the property holds a Condition Rating of 2 (Mint). With a pool, spa, and two parking spots, it is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking proximity to SDSU.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4891 Collwood A Subject | $489,950* List Price | 2 | 2 | 1,056 | $490 | - |
A 4545 Collwood Blvd 38 Sold | $437,750 | 2 | 2 | 1,120 | $391 | 0.5 mi |
B 5025 Collwood Way 20 Sold | $570,000 | 2 | 2 | 1,020 | $559 | 0.3 mi |
C 5885 El Cajon Blvd 305 Sold | $493,000 | 2 | 2 | 1,123 | $439 | 1.0 mi |
D 4891 Collwood Blvd B Active | $499,000 List Price | 2 | 2 | 1,056 | $473 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1970, the property has undergone a recent comprehensive renovation including a remodeled kitchen with quartzite countertops, newer LVP flooring throughout, and a newer HVAC system. The interior is in mint, move-in-ready condition with modern recessed lighting and updated finishes.
Situated within walking distance to San Diego State University, this property offers exceptional convenience for students and faculty, ensuring high rental demand and strong investment potential.
The unit features a fully remodeled kitchen with quartzite countertops, newer LVP flooring, and a recently updated HVAC system, providing a move-in-ready experience with reduced immediate maintenance costs.
Including two dedicated parking spots and located within a gated community featuring a pool and spa, this condo offers a level of convenience and security that is highly sought after in the local market.
The association fee of $578 per month is relatively high, which may impact monthly affordability and the overall debt-to-income ratio for potential buyers.
Originally constructed in 1970, the building's age may lead to potential long-term maintenance requirements for common areas and shared systems compared to newer residential developments.
Terrific 2 Bedroom 2 Bathroom Upstairs Unit close to San Diego State University! Largest Condo Style In Complex! Open Floorplan with lots of Natural Light. Remodeled Kitchen Cabinets & Quartzite Countertops! Oversized Farmhouse Sink. Coffee/Appliance Bar. The WORKS! Newer HVAC System! Recessed Lighting. Rare Fireplace. Newer LVP Flooring Throughout! Relaxing Screened-In Porch Area. Perfect for Morning Coffee and/or an Evening Glass Of Wine. TWO Parking Spots! Abundant Storage. Gated Complex! Nestled in a Lush, Garden-Like Landscape, this community features a Pristine Pool and a Relaxing Spa. Walking Distance To SDSU! Close to Restaurants, Parks, and Neighborhood Stores. Easy Freeway Access. Excellent Opportunity for a First-Time Buyer or Investor.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,056 | 999 |
| Lot Size | 197,013 | 84,697.5 |
| Price | $489.9K | $604.2K |
| Price per sq ft | $464 | $618 |
| Built year | 1970 | 1985 |
| HOA | $578.0 | $500 |
| Days on market | 15 | 53 |
Jul 7, 2026
$489,950
Initial Listing
Aug 20, 2020
$325,000
Public Record
Aug 17, 2017
$270,000
Public Record
Jun 13, 2008
$246,500
Public Record
Jul 25, 2003
$245,000
Public Record
Apr 30, 2001
$150,000
Public Record