This High-Potential Investment Opportunity is listed at $459,000, positioned above the $406,752 Fair Market Value. While the property requires updates due to its Condition Rating of 4, it offers a prime location on Friars Road with a desirable Pool View. The unit is zoned for the highly-rated Kearny Construction Tech School, providing long-term appeal. Despite the $581 monthly HOA fee, the central location remains a draw for urban professionals. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5705 Friars 22 Subject | $459,000* List Price | 1 | 1 | 695 | $585 | - |
A 5745 Friars Rd 80 Sold | $449,000 | 1 | 2 | 854 | $526 | 0.0 mi |
B 1205 Colusa 5 Sold | $510,000 | 2 | 1 | 780 | $654 | 0.2 mi |
C 5655 Riley St 205 Active | $435,000 List Price | 1 | 1 | 663 | $656 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is 46 years old, placing it in the >20y category. While the recent 2025 sale price of $400,000 suggests the unit is functional and habitable, the age indicates that the kitchen, bath, and major systems are likely dated and will require minor repairs or cosmetic updates to meet modern standards.
Situated on Friars Road, the property offers excellent proximity to Fashion Valley, USD, and major transit corridors, making it ideal for urban professionals and students.
The property is zoned for Kearny Construction Tech School, which boasts a high rating of 8, adding significant long-term value and appeal for residents.
The unit features a pleasant view of the community pool, providing a relaxing, resort-like atmosphere and enhancing the overall aesthetic appeal of the living space.
The property was recently sold within the past year on 2025-08-18. The sold price is $400,000.00.
The $581 monthly HOA fee is substantial for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
At just 695 square feet, the compact footprint may be restrictive for those seeking more storage or a more spacious layout compared to newer developments.
Exceptional opportunity in San Diego. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 7-8 • 15.1 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 695 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $459.0K | $604.2K |
| Price per sq ft | $660 | $618 |
| Built year | 1980 | 1985 |
| HOA | $581.0 | $500 |
| Days on market | 35 | 53 |
Jun 17, 2026
$459,000
Initial Listing
Aug 18, 2025
$400,000
Public Record
Sep 11, 2015
$226,000
Public Record
Nov 7, 2002
$179,000
Public Record