510 62nd St #9, San Diego, California 92114, San Diego, 92114 - 3 bed, 3 bath
510 62nd St #9
San Diego, California 92114
Property Price
SUMMARY
Analysis of 510 62nd St #9, San Diego, California 92114 is currently available with a list price of $579,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2007, this townhouse is 17 years old and appears well-maintained and functional. However, the kitchen, despite being described as 'sleek and stylish,' features outdated elements such as brown builder-grade cabinets, light laminate countertops, a small tile backsplash, black appliances, and a very dated fluorescent light fixture. These components are functional but significantly behind current aesthetic trends and would likely require updates for most buyers. The presence of a window AC unit also suggests a potential lack of adequate central cooling, which is a drawback for a property of this age. While clean, the property shows signs of being outdated in key areas, aligning with the 'Fair' criteria of requiring minor updates and having major components that are functional but show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Design
Built in 2007, this townhouse features an open-concept main floor, a sleek and stylish kitchen, and a design that emphasizes both style and function, appealing to contemporary tastes.
- Gated Community Benefits
Located within the Esperanza gated community, offering enhanced security and potentially well-maintained common areas for residents.
- Practical Layout & Features
The property boasts 3 bedrooms, 2.5 bathrooms, a 2-car garage with laundry, and a primary suite with a private bath and walk-in closet, providing functional living spaces and convenience.
CONSRISKS & DEFICIENCIES
- Monthly Association Fees
A monthly association fee of $318.0 adds to the recurring cost of homeownership, which may be a consideration for budget-conscious buyers.
- Compact Living Space
With 1060 sqft for a 3-bedroom unit, the living space may be considered compact by some buyers, potentially limiting appeal for those seeking more expansive accommodations.
- Townhouse/Condo Structure
As a condominium/townhouse, the property involves shared walls and adherence to HOA rules, which might not appeal to buyers preferring a detached single-family home with greater autonomy and private outdoor space.
About 510 62nd St #9
This beautiful gated townhouse in Esperanza community, boasts 3 bedrooms, 2.5 bathrooms, and a 2 car garage with laundry. The open-concept main floor is perfect for entertaining, with a sleek and stylish kitchen flowing seamlessly into the dining and living areas. The bedrooms are located on the upper level, providing privacy and quiet for restful nights. The primary suite features a private bath and a walk-in closet. The garage provides extra storage space and the convenience of off-street parking. This townhouse is perfect for those who value both style and function. Conveniently located near shops, restaurants, freeway access. 805 Freeway and VA Community Seller's are Motivated. Cash, Conventional and VA is OK
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $318.0 / Month
Neighborhood Insights
San Diego Unified Schools
Encanto Elementary School
Grades K-5 • 0.5 mi
San Altos Elementary School
Grades PK-6 • 1.5 mi
Bell Middle School
Grades 6-8 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,060 | 1,060 | 50% |
| Lot Size | - | 21,866.5 | 50% |
| Price | $579.0K | $570.8K | 50% |
| Price per sq ft | $546 | $538 | 50% |
| Built year | 2007 | 2007 | 50% |
| HOA | $318.0 | $318 | 50% |
| Days on market | 191 | 156 | 0% |
Pricing History
Listed for Sale
Oct 30, 2025
$579,000
Initial Listing
Price Change
Aug 28, 2025
$599,000
Initial Listing