5483 Adobe Falls, San Diego, California 92120, San Diego, 92120 - 2 bed, 2 bath
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San Diego, California 92120
This Spacious San Diego Condominium is listed at $425,000, offering a stable residential acquisition near its $415,801 Fair Market Value. The 1,144-square-foot layout maintains a Fair Condition Rating, providing a functional 2-bedroom, 2-bathroom floor plan with significant potential for personalization. Residents benefit from Strong Educational Zoning, with access to Foster Elementary and the 8-rated Lewis Middle School and Patrick Henry High School. Its Strategic Commuter Location near SDSU and Mission Valley enhances the daily lifestyle, making this an ideal opportunity for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5483 Adobe Falls Subject | $425,000* List Price | 2 | 2 | 1,144 | $369 | - |
A 5493 Adobe Falls Rd 10 Sold | $533,000 | 2 | 2 | 1,144 | $466 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is over 50 years old and maintains much of its original character, including dated exterior architecture and wall-mounted AC units rather than central HVAC. While the description notes the unit is clean and well-maintained, the lack of evidence regarding a recent full-scale renovation and the presence of older systems place it in the fair category, indicating it is functional but outdated.
Ideally situated near SDSU, Mission Valley, and major freeways including I-8 and I-15, offering excellent accessibility for students, faculty, and professionals.
The property is served by highly-rated schools, specifically Lewis Middle School and Patrick Henry High School, both of which carry an impressive rating of 8.
At 1,144 square feet for a 2-bedroom, 2-bathroom unit, this residence provides a more spacious and functional layout than many competing condominiums in this price bracket.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =316245, other record lot size in square feet = 151706. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1144, other record living area = 884.
The $500 monthly association fee is a significant recurring cost that impacts overall affordability and may be a deterrent for budget-sensitive buyers.
Constructed in 1973, the property may require more frequent maintenance or updates to meet modern energy efficiency and aesthetic standards compared to newer developments.
Welcome to this charming and conveniently located unit in the heart of San Diego! Nestled in a well-maintained community on Adobe Falls Road, this residence offers comfortable living with easy access to major freeways, shopping, dining, and outdoor recreation. The unit features a functional layout with abundant natural light, a welcoming living area, and a well-appointed kitchen with ample cabinetry. The bedroom(s) are generously sized, offering a relaxing retreat, while the bathroom is clean and thoughtfully designed. Enjoy the convenience of in-unit or nearby laundry (if applicable), assigned parking, and a peaceful residential setting. Ideally located near Mission Valley, SDSU, and major commuter routes including I-8 and I-15, this home provides quick access to parks, hiking trails, shopping centers, and public transportation.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 2.0 mi
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 | 316,245.594 | 84,697.5 |
| Price | $425.0K | $604.2K |
| Price per sq ft | $372 | $618 |
| Built year | 1973 | 1985 |
| HOA | $500.0 | $500 |
| Days on market | 217 | 53 |
Dec 17, 2025
$425,000
Initial Listing
Aug 28, 1998
$67,500
Public Record
Dec 29, 1994
$64,000
Public Record