
San Diego, California 92154
This Modern 3-Bedroom Three-Story Townhome is a High-Potential Investment Opportunity with a List Price of $599,000—positioned well below the $735,000 Fair Market Value by 19%. This valuation gap offers $136,000 in Instant Equity for buyers. Built in 2019, the property has a Condition Rating of 2, requiring only light cosmetic updates to reveal quartzite countertops and white cabinetry. Located in the gated Playa del Mar complex near Sweetwater Union schools, this Value-Add Asset is ideal for Fix-and-Flip Investors or Owner-Occupants looking to manufacture wealth through minor renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5361 Calle Rockfish 68 Subject | $599,000* List Price | 3 | 4 | 2,047 | $293 | - |
A 5235 Beachfront Cove #102 Sold | $675,000 | 4 | 4 | 1,875 | $360 | 0.1 mi |
B 1251 Paseo Sea Breeze 17 Sold | $649,000 | 4 | 4 | 1,857 | $349 | 0.2 mi |
C 5305 Seacliff Place 5 Sold | $435,000 | 3 | 3 | 1,702 | $256 | 0.5 mi |
D 5305 Seacliff Place 8 Sold | $448,895 | 3 | 3 | 1,875 | $239 | 0.5 mi |
E 782 Anchor Sold | $599,000 | 2 | 2 | 1,643 | $365 | 0.8 mi |
F 5361 Calle Rockfish 73 Active | $699,000 List Price | 3 | 3 | 2,016 | $347 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is virtually new. The kitchen features modern stainless steel appliances, an open-concept design, and a large island. While currently covered with peel-and-stick paper, the description confirms beautiful quartzite countertops and white cabinets underneath. The flooring (wood-look and carpet), light fixtures, and overall systems are modern and in excellent condition, requiring only minor cosmetic updates like paint and carpet to achieve its full potential.
Built in 2019, the property offers modern construction standards and potentially fewer immediate maintenance concerns.
Described as a 'wonderful value' with a model match recently selling for $735,000, indicating substantial potential for instant equity with minor cosmetic improvements.
The gated complex boasts resort-like amenities including a pool, spa, gym, BBQ area, clubhouses, playground, and park, enhancing lifestyle and value.
The property explicitly needs light cosmetic fixes such as paint and new carpet to realize its full aesthetic and value potential.
The kitchen currently features 'peel and stick contact paper' on cabinets and countertops, requiring effort to remove and reveal the underlying quartzite and white cabinets.
The property description explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic outlooks.
Wonderful value in San Diego! The last model match sold in July at $735,000. With some light cosmetic fixes, create automatic equity- a fresh coat of paint, new carpet and removing the peel and stick contact paper off the cabinets and countertops, you will have a beautiful new home in the Playa del Mar complex! This three story townhome was built in 2019 and features a two car garage with room for storage and like new epoxy floors. The main living space is large and open concept with a huge island, perfect for entertaining. Once you peel off the contact paper, you will find beautiful quartzite counter tops and white cabinets. On the top floor you will find 3 bedrooms, 2 full sized baths and a stacked laundry closet. The best part of this home are the incredible amenities within the gated complex- resort like pool, spa, outdoor showers, great gym space, locker rooms, BBQ area, club houses, play ground, park and so much more! This home is a must see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 74% |
| Square foot | 2,047 | 1,600 | 97% |
| Lot Size | - | - | 50% |
| Price | $599.0K | $630.0K | 35% |
| Price per sq ft | $293 | $397 | 10% |
| Built year | 2019 | 2019 | 50% |
| HOA | $264.2 | $382 | 26% |
| Days on market | 181 | 176 | 55% |
Oct 23, 2025
$599,000
Initial Listing
Apr 23, 2020
$505,500
Public Record