5605 Friars Rd. 280, San Diego, California 92110, San Diego, 92110 - 3 bed, 2 bath
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San Diego, California 92110
This Rare Ground-Floor Corner Condominium is a Prime Investment Opportunity, listed at $895,000—positioned well below the $927,302 Fair Market Value by 3%. This valuation gap offers $32,302 in Instant Equity for incoming buyers. Boasting the largest 3-bedroom floorplan in Presidio Place and a Condition Rating of 3, the home features an Updated Granite Kitchen, Wrap-Around Patio, and private lawn. With 24/7 security and proximity to Kearny Construction Tech, it balances lifestyle luxury with financial upside. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5605 Friars Rd. 280 Subject | $895,000* List Price | 3 | 2 | 1,634 | $568 | - |
A 5665 Friars Road 254 & 256 Sold | $671,000 | 2 | 3 | 1,708 | $393 | 0.0 mi |
B 4008 Ampudia Street Sold | $940,000 | 2 | 3 | 1,784 | $527 | 0.8 mi |
C 1209 Hueneme St 13 Sold | $675,000 | 2 | 2 | 1,121 | $602 | 0.4 mi |
D 6038 Cirrus St Sold | $740,000 | 2 | 2 | 1,058 | $699 | 0.4 mi |
E 6055 Cirrus Street Sold | $752,000 | 2 | 2 | 1,058 | $711 | 0.4 mi |
F 5645 Friars Rd 386 Active | $698,900 List Price | 3 | 2 | 1,331 | $525 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant interior updates. The kitchen features granite countertops and a double oven, while the bathrooms have been modernized with custom tile work, a soaking tub, and a separate walk-in shower. Although the building was constructed in 1980, the combination of updated flooring, built-in closet organizers, and renovated essential rooms indicates the property has been well-maintained and improved within the last 5 to 15 years.
As the largest three-bedroom floorplan in Presidio Place, this rare ground-floor corner unit offers maximum privacy and an expansive open layout that is highly sought after in the Mission Valley area.
The property features a unique wrap-around patio and a private lawn area, providing a rare level of outdoor space for a condominium that is perfect for pets and entertaining.
The association fee covers essential utilities including gas, water, trash, and sewage, while providing premium amenities like 24/7 on-site security and a year-round heated pool.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1634, other record living area = 1834.
The monthly HOA fee of $803 is substantial and may be a deterrent for budget-conscious buyers or those sensitive to high fixed monthly expenses.
While the local high school is well-rated, the assigned middle school is located over 15 miles away, which may present a significant inconvenience for families with school-aged children.
Don't miss this rare opportunity to own a private ground floor corner unit that is also the largest 3 bedroom floorplan at Presidio Place. This gorgeous home has abundant light from all of the windows, a beautiful open floorplan with upgraded kitchen - including a double oven and granite countertops! Pergola flooring throughout this home leads you through a dining room and large family room with sliding doors to a wrap around patio and even a lawn! In the family room you'll find a beautiful wet bar and fireplace. As you make your way down the hall you'll find updated hall bathroom and bedrooms with built in closet organizers. At the end of the hall you'll find the spectacular primary suite. Stunning wood cabinets and large walk in closet with built in organizers boast an abundance of storage. The updated primary bathroom make this a spa experience with a soaking tub and custom tiled separate walk-in shower. This home also comes with 2 assigned parking spots directly across from the elevator and is located steps across from the elevator on the 1st floor.....All of this in the heart of San Diego minutes away from dining, entertainment, shopping, beaches and even the airport. Presidio Place boasts 24/7 security with guard on-site, a heated pool you can use year-round and discount membership to state of the art gym at the YMCA (Did someone say Pickleball??). Also included in the HOA fee is your gas, water, trash, and sewage. This truly is a rare opportunity to live near everything but be in your own your quiet private oasis.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 7-8 • 15.1 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 92% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,634 | 1,018 | 94% |
| Lot Size | - | - | 50% |
| Price | $895.0K | $600.0K | 97% |
| Price per sq ft | $548 | $592 | 31% |
| Built year | 1980 | 1980 | 50% |
| HOA | $803.0 | $545 | 99% |
| Days on market | 52 | 167 | 8% |
Mar 1, 2026
$895,000
Initial Listing
Mar 1, 2013
$475,000
Public Record
Jul 20, 2004
$515,000
Public Record