5513 Adobe Falls Rd 5, San Diego, California 92120, San Diego, 92120 - 3 bed, 2 bath
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San Diego, California 92120
This Turnkey Condominium is a Strong Value Opportunity, listed at $569,000—positioned well below the $544,142 Fair Market Value by -4%. While the list price reflects a premium for its Mint Condition Rating, the property offers significant lifestyle appeal with a Custom Kitchen, In-Unit Laundry, and access to Top-Rated Schools like Patrick Henry High. Its proximity to SDSU and major hospitals ensures long-term demand. This is an ideal acquisition for Owner-Occupants seeking a move-in ready residence or first-time buyers prioritizing location and modern convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5513 Adobe Falls Rd 5 Subject | $539,000* List Price | 3 | 2 | 1,120 | $449 | - |
A 5513 Adobe Falls Rd 11 Sold | $457,500 | 2 | 2 | 1,144 | $400 | 0.0 mi |
B 5493 Adobe Falls Rd 10 Sold | $533,000 | 2 | 2 | 1,144 | $466 | 0.1 mi |
C 5422 Adobe Falls 10 Active | $530,000 List Price | 2 | 2 | 1,144 | $463 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality remodel within the last 5 years, featuring a modern kitchen with quartz countertops, custom cabinetry, and stainless steel appliances. Bathrooms are fully updated with contemporary tile work and fixtures, and the unit includes a rare in-unit laundry upgrade. Despite the 1973 build date, the interior is in mint, move-in-ready condition.
The unit features a high-quality remodel with a unique kitchen design and rare in-unit laundry, providing modern convenience that is often missing in similar aged complexes.
As a sought-after first-floor corner unit with three bedrooms, the property offers enhanced privacy, natural light, and a functional floor plan suitable for families or roommates.
Situated near SDSU and major hospitals with access to top-rated schools like Patrick Henry High, the property holds strong appeal for both long-term residents and investment potential.
The monthly association fee of $510 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
Despite the interior renovations, the 1973 construction year suggests that the broader complex may face aging infrastructure issues or future assessments common in older developments.
Look no further! Best 3 BR condo value around! Beautifully remodeled with quality finishes doen to every detail! Highly sought after, well located first floor 3BR corner unit has it all, including a one of a kind kitchen design w/ full size in unit laundry! The functional floor plan provides a seamless flow between the living, dining rooms perfect for both everyday living and entertaining. The Kitchen features stainless steel appliances, quartz counters and abundant cabinet strorage including pantry! This one of a kind unit in the community features a custom in unit laundry for ultimate convenience! The bedrooms include generous closet space and the extra patio storage on the patio. Enjoy access to community amenities including a pool, spa, BBQ areas, and clubhouse. Conveniently located near shopping, dining, parks, major freeway access, SDSU, and Hospitals. This property may qualify for Programs offering credits for an interest rate buydowns!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,120 | 1,073 | 52% |
| Lot Size | - | - | 50% |
| Price | $539.0K | $474.9K | 66% |
| Price per sq ft | $481 | $510 | 28% |
| Built year | 1973 | 1976 | 38% |
| HOA | $510.0 | $510 | 50% |
| Days on market | 21 | 129 | 10% |
Jun 10, 2026
$539,000
$549,000
-2% Price Drop
Initial Listing
Jun 2, 2026
$549,000
$569,000
-4% Price Drop
Initial Listing
May 23, 2026
$569,000
Initial Listing
Jan 21, 2022
$360,000
Public Record