5402 Balboa Arms 415, San Diego, California 92117, San Diego, 92117 - 3 bed, 2 bath
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5402 Balboa Arms 415
San Diego, California 92117
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,127Sq Ft
88,420Lot Size
Property Price
LIST PRICE$635,000
EST. MARKET VALUE
$638,988
SUMMARY
This Move-in Ready Condominium is a Strong Value Opportunity, listed at $635,000—positioned well below the $638,989 Fair Market Value by 0.6%. This valuation gap offers $3,989 in Instant Equity. Featuring a Good Condition Rating, this top-floor unit includes a renovated kitchen, vaulted ceilings, and resort-style amenities like a pool and fitness center. Located near the Convoy District and high-rated schools like Holmes Elementary, it balances lifestyle convenience with financial stability. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Estimated Market Value
$638,988
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5402 Balboa Arms 415 Subject | $635,000* List Price | 3 | 2 | 1,127 | $567 | - |
A 5402 Balboa Arms 348 Sold | $529,000 | 2 | 2 | 782 | $676 | 0.0 mi |
B 5252 Balboa Arms Dr 205 Sold | $605,000 | 3 | 2 | 970 | $624 | 0.1 mi |
C 5252 Balboa Arms Drive 207 Sold | $535,000 | 2 | 2 | 768 | $697 | 0.1 mi |
D 5170 Clairemont Mesa Boulevard 14 Sold | $472,000 | 2 | 2 | 1,026 | $460 | 0.8 mi |
E 4595 Chateau Drive Sold | $693,000 | 2 | 3 | 1,232 | $563 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1995, this property is well-maintained and move-in ready. It features a renovated kitchen with stainless steel appliances and stone countertops, updated flooring throughout, and a modern mini-split HVAC system. While the bathroom tiling appears more dated, the overall renovations likely fall within the 5-15 year range, meeting the criteria for Good condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Holmes Elementary School (9/10).
- Spacious Top-Floor Layout
This rare 3-bedroom condo features vaulted ceilings and an open-concept design, providing a significantly more spacious and airy feel than typical units in the area.
- Resort-Style Amenities & Financing
The complex offers extensive amenities including pools, a sauna, and a fitness center, while the VA and FHA approval status makes it highly accessible for a wide range of buyers.
CONSRISKS & DEFICIENCIES
- Limited Parking
With only one assigned parking space for a three-bedroom residence, the property may present a significant challenge for households with multiple drivers.
- Variable School Ratings
While the area has some high-performing schools, the closest assigned elementary and high schools currently hold lower ratings, which may be a concern for education-focused families.
About 5402 Balboa Arms 415
This home includes one assigned parking space. If having multiple designated parking spaces is a priority, this may not be the right property for you. For those who prioritize location, lifestyle, and a spacious top-floor home with resort-style amenities, this condo is an exceptional opportunity. VA & FHA APPROVED! Move-in ready top-floor 3BD/2BA condo with 1,127 sq. ft., vaulted ceilings, A/C, in-unit laundry, updated flooring, abundant storage, and an open-concept layout. The kitchen features stainless steel appliances, generous cabinetry, and bar seating. Enjoy your own balcony, resort-style amenities including pools, spa, sauna, fitness center, clubhouse, and BBQ areas, plus a prime location near shopping, dining, the Convoy District, Tecolote Canyon, beaches, and major freeways. *All information is reliable but not guaranteed and should be verified by buyer before close of escrow.*
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1995
- Lot Size
- 88,420 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $395.0 / Month
Neighborhood Insights
San Diego Unified Schools
Sequoia Elementary School
Grades K-6 • 0.3 mi
4/10
Lafayette Elementary School
Grades K-6 • 0.7 mi
5/10
Holmes Elementary School
Grades K-6 • 1.1 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,127 | 1,002.307 |
| Lot Size | 88,420 | 75,574.68 |
| Price | $635.0K | $596.0K |
| Price per sq ft | $563 | $612 |
| Built year | 1995 | 1985 |
| HOA | $395.0 | $529 |
| Days on market | 16 | 55 |
Pricing History
Listed for Sale
Aug 24, 2026
$635,000
Initial Listing
Sold
Aug 8, 2023
$665,000
Public Record
Sold
Feb 26, 2020
$424,000
Public Record
Sold
Jun 5, 2017
$388,000
Public Record
Sold
May 8, 2006
$387,000
Public Record