5432 Adobe Falls Rd 12, San Diego, California 92120, San Diego, 92120 - 2 bed, 2 bath
5432 Adobe Falls Rd 12
San Diego, California 92120
Property Price
SUMMARY
Analysis of 5432 Adobe Falls Rd 12, San Diego, California 92120 is currently available with a list price of $399,900. 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 1973, this condo is described as 'freshly painted' and 'move-in ready,' yet the listing explicitly mentions the need for 'TLC,' indicating that the kitchen, bathrooms, and major systems are likely dated. While the vaulted ceilings provide a spacious feel, the property maintains a vintage condition without evidence of a full modern renovation within the last 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated in the desirable Del Cerro area near SDSU, Snapdragon Stadium, and a trolley station, this property offers exceptional convenience for students, faculty, and commuters.
- Architectural Volume
The vaulted ceilings in the living room paired with an adjacent balcony create an open, airy atmosphere that makes the unit feel significantly more spacious than its 884 square feet.
- Move-In Ready with Equity Potential
Freshly painted and 'spiffed up' for immediate occupancy, the condo provides a solid foundation for buyers to add value and build equity through personalized cosmetic upgrades.
CONSRISKS & DEFICIENCIES
- High Recurring Costs
The $500 monthly association fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
- Vintage Condition
Built in 1973 and noted as needing 'TLC,' the property likely features older systems or finishes that may require additional capital investment for modernizing.
About 5432 Adobe Falls Rd 12
Del Cerro, 2 Bedroom, 1.5 bathroom, condo in Del Cerro, conveniently located near SDSU, Snap Dragon Stadium and a nearby trolley station. Easy access to community shopping and close to freeway access to quickly get to anywhere in San Diego (Zoo, Petco Park, Balboa Park, up the 15 Hwy to Riverside). Just minutes to the beaches. Freshly painted, spiffed up and ready to move in as well as a great opportunity to put in your own TLC. A vaulted ceiling living room adjacent to the balcony/patio offers a spacial feeling of a larger living experience. A great condo to entertain friends in home or at the community pool, spa and BBQ or take a stroll to Del's Hideaway restaurant/bar! Plenty of street parking. Adobe Falls complex is a quiet community, tucked away just off Waring Road and walking distance to a trolley stop.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 179,837 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 884 | 1,087 | 35% |
| Lot Size | 179,837 | - | 92% |
| Price | $399.9K | $470.9K | 15% |
| Price per sq ft | $452 | $506 | 31% |
| Built year | 1973 | 1975 | 46% |
| HOA | $500.0 | $532 | 31% |
| Days on market | 5 | 178 | 4% |
Pricing History
Listed for Sale
Mar 2, 2026
$399,900
Initial Listing
Sold
Nov 2, 1998
$73,500
Public Record