5462 Adobe Falls Rd 11, San Diego, California 92120, San Diego, 92120 - 2 bed, 2 bath
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5462 Adobe Falls Rd 11
San Diego, California 92120
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,144Sq Ft
0Lot Size
Property Price
LIST PRICE$468,800
EST. MARKET VALUE
$500,686
6% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $468,800—positioned well below the $500,686 Fair Market Value by 6%. This valuation gap offers $31,886 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a modern kitchen, upgraded windows, and VA-approved status, this unit provides a stress-free, move-in-ready lifestyle. Located in central Del Cerro near SDSU, it is an ideal choice for first-time buyers or military personnel seeking a high-quality, accessible home.
Estimated Market Value
$500,686+$31,886 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5462 Adobe Falls Rd 11 Subject 2 bd · 2 ba · 1,144 sqft · $438 | $468,800* List Price | 2 | 2 | 1,144 | $438 | - |
A 5422 Adobe Falls 10 Sold 2 bd · 2 ba · 1,144 sqft · $428 · 0.1 mi | $490,000 | 2 | 2 | 1,144 | $428 | 0.1 mi |
B 5493 Adobe Falls Rd 10 Sold 2 bd · 2 ba · 1,144 sqft · $466 · 0.1 mi | $533,000 | 2 | 2 | 1,144 | $466 | 0.1 mi |
C 5533 Adobe Falls Rd 3 Pending 2 bd · 2 ba · 1,144 sqft · $437 · 0.1 mi | $499,999 List Price | 2 | 2 | 1,144 | $437 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a recent comprehensive renovation (likely <5 years) with a modern kitchen including white shaker cabinets and black hardware, updated bathrooms, newer flooring, and upgraded windows. Despite the 1973 build date, the interior is in mint, move-in condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features a fully remodeled kitchen and bathrooms, newer flooring, and energy-efficient windows, offering a move-in-ready experience for buyers.
- Prime Central Location
Situated in Del Cerro near SDSU and major freeways, the property provides excellent accessibility for commuters and high rental demand potential.
- VA Approved Complex
The complex is VA-approved, making it an ideal and accessible option for military buyers utilizing zero-down financing in a competitive market.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $510 is relatively high, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
- Lack of In-Unit Laundry
The property relies on community on-site laundry facilities rather than in-unit hookups, which can be a significant convenience drawback for modern residents.
About 5462 Adobe Falls Rd 11
Welcome to this beautifully updated 2-bed, 2-bath second floor condo in a prime central San Diego location. This light and bright unit features an upgraded kitchen and bathrooms, newer flooring, and upgraded windows that enhance both comfort and efficiency. Enjoy year-round comfort with window tinting for temperature control, automatic shades, ceiling fans throughout, and a wall A/C. The home also includes a security system for added peace of mind. The community offers convenient on-site laundry, two pool and BBQ areas, and a community room available for private events and gatherings. Ideal Del Cerro location just east of Mission Valley! Enjoy easy access to SDSU, tons of shopping, dining & entertainment options as well as the 8, 15 & 805 freeways. This is a must see!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $510.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,144 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $468.8K | $598.4K |
| Price per sq ft | $410 | $607 |
| Built year | 1973 | 1986 |
| HOA | $510.0 | $536 |
| Days on market | 11 | 58 |
Pricing History
Listed for Sale
Oct 14, 2026
$468,800
Initial Listing
Sold
Jun 17, 2022
$565,000
Public Record
Sold
Jan 26, 2022
$415,000
Public Record
Sold
Feb 2, 1999
$74,000
Public Record