6516 Omega, San Diego, California 92139, San Diego, 92139 - 2 bed, 2 bath
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6516 Omega
San Diego, California 92139
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,012Sq Ft
83,768Lot Size
Property Price
LIST PRICE$500,000
EST. MARKET VALUE
$519,922
3% BelowMARKET VALUE
SUMMARY
This Move-In Ready Townhouse is a High-Potential Investment Opportunity, listed at $500,000—positioned well below the $519,922 Fair Market Value by 3%. This valuation gap offers $19,922 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes newer stainless steel appliances and a private patio. Located near highly-rated schools like Zamorano Elementary, this property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, low-HOA asset in San Diego.
Estimated Market Value
$519,922+$19,922 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6516 Omega Subject 2 bd · 2 ba · 1,012 sqft · $514 | $500,000* List Price | 2 | 2 | 1,012 | $514 | - |
A 6795 Parkside Sold 2 bd · 2 ba · 1,080 sqft · $528 · 0.2 mi | $570,000 | 2 | 2 | 1,080 | $528 | 0.2 mi |
B 6891 Bear River 3 Sold 3 bd · 2 ba · 1,183 sqft · $507 · 0.4 mi | $600,000 | 3 | 2 | 1,183 | $507 | 0.4 mi |
C 6867 Bear River Row Unit 2 2 Sold 2 bd · 1 ba · 866 sqft · $589 · 0.3 mi | $510,000 | 2 | 1 | 866 | $589 | 0.3 mi |
D 6848 Quebec Court 2 Sold 2 bd · 1 ba · 866 sqft · $606 · 0.4 mi | $525,000 | 2 | 1 | 866 | $606 | 0.4 mi |
E 6856 Parkside Avenue Active 3 bd · 2 ba · 1,144 sqft · $468 · 0.1 mi | $535,000 List Price | 3 | 2 | 1,144 | $468 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1972, the property is well-maintained and move-in ready with a renovation likely performed within the last 5-15 years. It features modern wide-plank flooring, recessed lighting, and newer stainless steel appliances. The presence of solar panels suggests updated systems, though dated popcorn ceilings in the bedrooms prevent an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The home is beautifully maintained and features modern upgrades, including newer stainless steel appliances and a stylish built-in entertainment center, allowing for immediate occupancy.
- Parking and Storage
Unlike many townhomes, this unit offers both an attached one-car garage and an additional parking space, providing significant convenience and extra storage capacity.
- Financing and HOA Value
The property is VA and FHA financing welcome and features a relatively low HOA fee of $365, making it a highly accessible and affordable option for first-time buyers.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only 1.5 bathrooms, the lack of a second full bath may be a constraint for families or roommates sharing the upper-level living quarters.
- Vintage Construction
Built in 1972, the property may eventually require updates to older infrastructure or systems that are not as efficient as those found in modern builds.
About 6516 Omega
Welcome home to Bay Terrace Pines, where comfort, convenience, and easy San Diego living come together. Situated in the Bay Terraces neighborhood of Paradise Hills, this beautifully maintained move-in ready, two-story townhome offers 2 bedrooms, 1.5 bathrooms, and 1,012 square feet of thoughtfully designed living space. Step inside to discover a bright, inviting interior with spacious living and dining areas, a stylish built-in entertainment center, and a kitchen featuring newer stainless steel appliances. Upstairs, two generously sized bedrooms provide comfortable private retreats, while conveniently located laundry with a full-size washer and dryer adds everyday practicality. Additional highlights include a private patio, an attached one-car garage, an additional parking space, and access to Bay Terrace Pines community amenities, including a swimming pool, playground, landscaped grounds, and expansive green spaces. Conveniently located minutes from Bonita, Plaza Bonita Mall, neighborhood parks, shopping, dining, and major freeway connections, this San Diego townhome offers low HOA, the space, functionality, and lifestyle today's buyers are looking for. Come experience everything this Bay Terraces home has to offer!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1972
- Lot Size
- 83,768 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $365.0 / Month
Neighborhood Insights
San Diego Unified Schools
Penn Elementary School
Grades K-5 • 0.2 mi
6/10
Zamorano Elementary School
Grades K-5 • 0.5 mi
7/10
Lee Elementary School
Grades K-5 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,012 | 1,427.776 |
| Lot Size | 83,768 | 93,450.361 |
| Price | $500.0K | $807.7K |
| Price per sq ft | $494 | $599 |
| Built year | 1972 | 1993 |
| HOA | $365.0 | $445 |
| Days on market | 12 | 47 |
Pricing History
Listed for Sale
Oct 13, 2026
$500,000
Initial Listing
Sold
Jan 31, 2023
$430,000
Public Record
Sold
Feb 14, 2001
$120,000
Public Record
Sold
Jun 2, 1998
$67,500
Public Record