5511 Adelaide Avenue, San Diego, California 92115, San Diego, 92115 - 2 bed, 1 bath
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San Diego, California 92115
This Updated Turnkey Condominium is a Strong Value Opportunity, listed at $399,000—positioned well below the $429,130 Fair Market Value by 7%. This valuation gap provides $30,130 in Instant Equity. Boasting a Condition Rating of 3, the interior features Granite Countertops, LVP Flooring, and brand-new carpet. Residents enjoy In-Unit Laundry, a community pool, and mountain views near SDSU. This VA-Approved Asset is perfectly suited for first-time buyers or buy-and-hold investors seeking immediate appreciation in a high-demand rental corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5511 Adelaide Avenue Subject | $399,000* List Price | 2 | 1 | 875 | $490 | - |
A 5511 Adelaide Ave 29 Sold | $438,000 | 2 | 1 | 875 | $501 | 0.0 mi |
B 4504 60th Street 13 Sold | $469,000 | 2 | 2 | 827 | $567 | 0.4 mi |
C 4540 60th Street 303 Sold | $460,000 | 2 | 2 | 845 | $544 | 0.4 mi |
D 4545 Collwood Blvd 38 Sold | $437,750 | 2 | 2 | 1,120 | $391 | 0.4 mi |
E 5511 Adelaide Avenue 27 Active | $414,900 List Price | 2 | 1 | 875 | $474 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with recent cosmetic upgrades including brand new carpet and luxury vinyl planking. The kitchen features granite countertops and stainless steel appliances, and the bathroom is functional and clean. While the building was built in 1959, the interior reflects a renovation within the 5-15 year range, supplemented by brand new flooring and dual-pane windows.
Ideally situated near SDSU and within walking distance to popular shops and dining, making it an attractive option for students, faculty, and investors seeking high rental demand.
The unit features brand new carpet, luxury vinyl planking, granite countertops, and dual-pane windows, offering a move-in-ready experience with contemporary finishes.
Includes highly sought-after features such as in-unit laundry, VA financing approval, and an assigned covered parking space, which are significant value-adds for this price point.
Constructed in 1959, the building's age may lead to higher long-term maintenance needs or potential future assessments for common area repairs.
The two-bedroom layout is served by only a single bathroom, which may be a drawback for roommates or small families compared to more modern two-bath configurations.
This charming 2 bedroom condo offers an incredible opportunity to enjoy homeownership in a prime location and is also VA approved. Ideally situated near SDSU and within walking distance to popular shops and dining. Inside, you'll find brand new carpet, luxury vinyl planking, dual pane windows, granite countertops, in-unit laundry and a spacious living area. Includes an assigned covered parking space and access to a community pool. HOA fees cover water, sewer, trash and the common areas. Whether you are a first time buyer, student or investor, this unit is priced to sell!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 875 | 875 | 50% |
| Lot Size | - | - | 50% |
| Price | $399.0K | $447.2K | 32% |
| Price per sq ft | $456 | $523 | 32% |
| Built year | 1959 | 1984 | 5% |
| HOA | $481.0 | $445 | 62% |
| Days on market | 4 | 189 | 5% |
Apr 18, 2026
$399,000
Initial Listing
Apr 6, 2011
$125,000
Public Record
Oct 12, 2004
$295,000
Public Record