5665 Friars Road 254 & 256, San Diego, California 92110, San Diego, 92110 - 2 bed, 3 bath

5665 Friars Road 254  home-pic-0
ACTIVE UNDER CONTRACT$690,000$1,708/sqft
5665 Friars Road 254 & 256, San Diego, California 92110
2Beds
3Baths
1,708Sqft
300,802Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Flexible Investment Opportunity: The property offers a unique potential to either maintain as a single spacious condominium or explore separating into two distinct units, providing diverse investment strategies.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1708, other record living area = 854. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

Compared to the nearby listings

Price:$690.0K vs avg $600.0K (+$90,000.5)78%
Size:1,708 sqft vs avg 1,018 sqft96%
Price/sqft:$404 vs avg $5873%

More Insights

Built in 1981 (45 years old).
Condition: Built in 1981, this property is severely outdated and requires substantial renovation. The kitchen features original or very old tile countertops, dated wood cabinets, and older appliances (except for a newer refrigerator). Bathrooms are particularly poor, with carpeted floors, heavily patterned wallpaper, 1980s-style vanities, mirrored ceilings, and outdated light fixtures. The overall aesthetic, including patterned carpets and wallpaper throughout, indicates no significant renovations have occurred in decades, necessitating a complete overhaul to meet modern standards.
Year Built
1981
Close
-
List price
$690K
Original List price
$690K
Price/Sqft
$404
HOA
$594
Days on market
-
Sold On
-
MLS number
PTP2508992
Home ConditionPoor
Features
Good View: City Lights, Coastline, Neighborhood
Deck
ViewCity Lights,Coastline,Neighborhood

About this home

A Fantastic Opportunity Awaits! Here is your chance to own a very unique abode in the desirable location of Presidio Place! Keep this condominium as one and bring it to life or explore the possibility of separating the units into two and give them a facelift! With it's soaring vaulted ceilings and plentiful windows you will feel the abundance of space in this top floor end unit. Enjoy the west facing views year round and the seasonal fireworks shows! Mission Valley is a vibrant community that has been going through many changes in recent years. This part of San Diego is becoming it's own micro-city within the city. Close to shopping, beaches, San Diego International Airport, USD, Freeways and so much more! Come take a look at the endless potential this property has to offer!

M
Monique Motley
Listing Agent

Nearby schools

4/10
Carson Elementary School
Public,K-51.4mi
4/10
Montgomery Middle School
Public,7-815.1mi
8/10
Kearny Construction Tech School
Public,9-123.0mi
Condition Rating
Poor

Built in 1981, this property is severely outdated and requires substantial renovation. The kitchen features original or very old tile countertops, dated wood cabinets, and older appliances (except for a newer refrigerator). Bathrooms are particularly poor, with carpeted floors, heavily patterned wallpaper, 1980s-style vanities, mirrored ceilings, and outdated light fixtures. The overall aesthetic, including patterned carpets and wallpaper throughout, indicates no significant renovations have occurred in decades, necessitating a complete overhaul to meet modern standards.
Pros & Cons

Pros

Flexible Investment Opportunity: The property offers a unique potential to either maintain as a single spacious condominium or explore separating into two distinct units, providing diverse investment strategies.
Premium Location & Connectivity: Situated in the desirable Presidio Place within Mission Valley, the property boasts exceptional access to shopping, beaches, San Diego International Airport, USD, and major freeways.
Exceptional Views & Top-Floor Privacy: As a top-floor, end unit, it provides year-round west-facing views of city lights and coastline, including seasonal fireworks, enhanced by plentiful windows and natural light.
Architectural Appeal & Spaciousness: The condominium features soaring vaulted ceilings and abundant windows, creating an open, airy, and expansive living environment.
Dynamic Community Growth: Located in a rapidly evolving Mission Valley, described as a 'micro-city within the city,' suggesting ongoing development and increasing local amenities and value.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1708, other record living area = 854. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Age and Renovation Needs: Built in 1981, the property likely requires significant modernization and updates to fully realize its 'endless potential' and meet contemporary buyer expectations, implying substantial renovation costs.
High Monthly Association Fees: The $594.0 association fee represents a notable ongoing expense that could impact affordability and overall ownership costs for potential buyers.
Complex Unit Separation Process: While offering potential, the process of legally and physically separating the condominium into two units could involve considerable time, expense, and regulatory hurdles, making it a speculative and potentially challenging undertaking.
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