5462 Adobe Falls Rd 11, San Diego, California 92120, San Diego, 92120 - 2 bed, 2 bath
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San Diego, California 92120
This Turnkey Condominium represents a Strong Value Opportunity, listed at $468,800—positioned well below the $502,883 Fair Market Value by 6%. This valuation gap provides $34,083 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern kitchen upgrades and new flooring, this VA-approved unit offers a prime Del Cerro location near SDSU. With community pools and scenic hillside views, it is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5462 Adobe Falls Rd 11 Subject | $468,800* List Price | 2 | 2 | 1,144 | $440 | - |
A 5493 Adobe Falls Rd 10 Sold | $533,000 | 2 | 2 | 1,144 | $466 | 0.1 mi |
B 5462 Adobe Falls Rd 11 Active | $484,900 List Price | 2 | 2 | 1,144 | $424 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1973, the unit itself has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the modern shaker-style kitchen cabinetry, quartz countertops, updated bathrooms, and new LVP flooring. The addition of upgraded windows, automatic shades, and a security system puts this in mint, move-in-ready condition.
The condo features a fully updated kitchen and bathrooms, newer flooring, and high-tech additions like automatic shades and tinted windows, offering a move-in-ready experience.
Located in the desirable Del Cerro area with immediate access to SDSU and major freeways (8, 15, and 805), this property is ideal for commuters and students alike.
The VA-approved status significantly expands the potential buyer pool, while community amenities like dual pools and BBQ areas enhance the lifestyle value.
The property utilizes on-site community laundry facilities rather than having private in-unit hookups, which may be a convenience drawback for some buyers.
The cooling system is limited to a wall A/C unit rather than central air conditioning, which may impact climate control efficiency in a 1,144 sqft space.
Welcome to this beautifully updated 2-bed, 2-bath second floor condo in a prime central San Diego location. VA approved complex! 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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,144 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $468.8K | $604.2K |
| Price per sq ft | $410 | $618 |
| Built year | 1973 | 1985 |
| HOA | $510.0 | $500 |
| Days on market | 21 | 53 |
Jul 1, 2026
$468,800
Initial Listing
Jun 17, 2022
$565,000
Public Record
Jan 26, 2022
$415,000
Public Record
Feb 2, 1999
$74,000
Public Record