5510 Adelaide Ave. 1, San Diego, California 92115, San Diego, 92115 - 1 bed, 1 bath
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San Diego, California 92115
This Updated Ground-Floor Condo represents a Prime Investment Opportunity, listed at $370,000—positioned well below the $377,757 Fair Market Value by 2%. This valuation gap provides $7,757 in Instant Equity. Boasting a Condition Rating of 3, the interior features an Updated Kitchen with Stainless Steel Appliances and the convenience of In-Unit Laundry. Located near San Diego State University with access to a Community Pool and Private Patio, this property balances high rental demand with turnkey comfort. It is ideal for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5510 Adelaide Ave. 1 Subject | $364,900* List Price | 1 | 1 | 650 | $558 | - |
A 4521 55th Street #4 Sold | $449,000 | 2 | 2 | 735 | $611 | 0.1 mi |
B 4230 48th St 9 Sold | $310,000 | 1 | 1 | 558 | $556 | 0.9 mi |
C 4921 Trojan Avenue 3 Sold | $315,000 | 1 | 1 | 526 | $599 | 0.8 mi |
D 5550 Adelaide Ave 11 Sold | $370,000 | 1 | 1 | 580 | $638 | 0.0 mi |
E 4570 54th 208 Sold | $375,000 | 1 | 1 | 625 | $600 | 0.3 mi |
F 5511 Adelaide Ave 21 Active | $399,999 List Price | 2 | 1 | 875 | $457 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features an updated kitchen with stainless steel appliances and modern finishes. While the building was originally constructed in 1959 and lacks central air conditioning, the interior has been well-maintained with recent updates including in-unit laundry and mirrored closets, making it functional and aesthetically current without requiring immediate renovation.
This property is both FHA and VA approved and features a ground-floor end-unit location, providing excellent accessibility and flexible financing options for first-time buyers or veterans.
The unit boasts a recently updated kitchen with stainless steel appliances and the significant convenience of an oversized in-unit stackable washer and dryer.
Situated in a quiet cul-de-sac near San Diego State University, this condo is perfectly positioned for high rental demand from students and faculty or for convenient urban living.
Originally built in 1959, the building may lack the energy efficiency and modern infrastructure of newer developments, potentially leading to higher long-term maintenance needs.
The property relies on ceiling fans for airflow rather than central air conditioning, which can be a drawback during the warmer summer months in the inland San Diego area.
HURRY ONLY 1-BEDROOM UNIT AVAILABLE! This rare ground-floor end unit in a charming gated community near San Diego State University offers privacy, natural light, and a quiet cul-de-sac location. FHA & VA approved, perfect location! Bright, open layout with abundant windows creates an inviting, airy feel throughout. The updated kitchen features stainless steel appliances and modern finishes. Enjoy the convenience of an oversized in-unit stackable washer/dryer, mirrored closet doors, and ceiling fans for added comfort. Well-maintained community with a sparkling pool. Prime location just minutes to SDSU, shopping, dining, and freeway access. Opportunities like this don’t last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 32% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 650 | 874.5 | 27% |
| Lot Size | - | - | 50% |
| Price | $364.9K | $447.2K | 27% |
| Price per sq ft | $561 | $525 | 68% |
| Built year | 1959 | 1984 | 5% |
| HOA | $421.65 | $441 | 47% |
| Days on market | 49 | 188 | 8% |
Apr 15, 2026
$364,900
$370,000
-1% Price Drop
Initial Listing
Mar 4, 2026
$370,000
Initial Listing
May 4, 2023
$369,000
Public Record
Nov 6, 2018
$220,000
Public Record
Jun 18, 2014
$152,000
Public Record
Apr 28, 2010
$110,000
Public Record
Oct 4, 2004
$283,000
Public Record
Jul 22, 2004
$240,000
Public Record