
San Diego, California 92115
This Strong Value Opportunity is a Turnkey Condominium listed at $549,000, positioned well below the $578,418 Fair Market Value by 5%. This valuation gap offers $29,418 in Instant Equity. Featuring a Condition Rating of 2, the unit boasts a complete top-to-bottom renovation, including a modern kitchen and ensuite baths. Located less than a mile from SDSU with access to a pool and spa, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-demand, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5055 Collwood Blvd 304 Subject | $549,000* List Price | 2 | 2 | 971 | $596 | - |
A 5025 Collwood Way 20 Sold | $570,000 | 2 | 2 | 1,020 | $559 | 0.1 mi |
B 4575 Contour Blvd Sold | $560,000 | 2 | 2 | 904 | $619 | 0.6 mi |
C 4514 51st Sold | $625,000 | 2 | 2 | 922 | $678 | 0.7 mi |
D 4521 55th 13 Sold | $495,000 | 2 | 2 | 761 | $650 | 0.9 mi |
E 5055 Collwood Blvd 304 Active | $549,000 List Price | 2 | 2 | 971 | $565 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete 'top to bottom' renovation within the last year, featuring a brand-new kitchen with modern cabinetry and stainless-steel appliances, fully updated bathrooms with contemporary tile and fixtures, new flooring, and recessed lighting. While the building was constructed in 1974, the interior is in mint, move-in-ready condition with no maintenance required.
The unit has been fully remodeled from top to bottom, featuring a brand-new kitchen with stainless steel appliances, updated bathrooms, and new flooring, offering a turnkey experience for buyers.
Situated less than a mile from SDSU with a split-bedroom ensuite layout, this property is perfectly positioned for student housing or high-demand rental opportunities.
As a top-floor unit on the west side, the condo benefits from enhanced privacy, no overhead neighbors, and abundant natural light through French doors and a Juliet balcony.
Built in 1974, the complex may lack the modern architectural standards or energy efficiencies found in newer developments, potentially leading to higher long-term maintenance of common areas.
The property utilizes wall-mounted air conditioning rather than a central HVAC system, which may be less efficient and noisier during warmer San Diego months.
Seller is Motivated! Less than a mile to SDSU! Don’t miss this beautifully remodeled 2-bedroom, 2-bath condo on the top floor of the gated community, Collwood Point. The condo was just renovated from top to bottom, featuring a brand-new kitchen with modern cabinetry and stainless-steel appliances, new bathrooms, new flooring, fresh paint, recessed lighting, and thoughtful touches throughout. The split-bedroom layout with ensuite baths makes this condo ideal for roommates, students, or anyone desiring extra privacy. Additional highlights include convenient in-unit laundry and wall-mounted air conditioning. Securely nestled in a gated community, this top-floor unit on the building’s west side boasts ample natural light and privacy. French doors in the living area open to the Juliet balcony, capturing the cool breeze. Collwood Point amenities include an elevator, pool, spa, BBQ area, and gated parking. The low monthly HOA fee covers water, trash, and sewer. The excellent location is close to the freeway, SDSU, shopping, dining, and public transportation. This condo presents an incredible opportunity for owners, student housing, or investors seeking the perfect balance of lifestyle, location, and affordability.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 971 | 875 | 63% |
| Lot Size | - | - | 50% |
| Price | $549.0K | $452.0K | 85% |
| Price per sq ft | $565 | $525 | 70% |
| Built year | 1974 | 1981 | 43% |
| HOA | $450.0 | $451 | 48% |
| Days on market | 23 | 155 | 4% |
May 22, 2026
$549,000
Initial Listing
Jul 9, 2024
$540,000
Public Record
Jul 31, 2009
$215,000
Public Record
Nov 29, 2006
$375,000
Public Record
Sep 23, 2004
$9,500,000
Public Record