
San Diego, California 92115
This High-Potential Investment Opportunity is listed at a List Price of $235,000, positioned well below the $237,924 Fair Market Value by 1%. This valuation gap offers $2,924 in Instant Equity. With a Condition Rating of 4, the unit is functional but dated, providing a clear path for cosmetic value-add. Its central location near SDSU and low-maintenance HOA structure make it a stable asset. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking an affordable entry into the San Diego market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6650 Amherst 18c Subject | $235,000* List Price | 1 | 1 | 480 | $496 | - |
A 4860 Rolando Ct Unit 52 Sold | $299,000 | 1 | 1 | 573 | $522 | 0.2 mi |
B 4860 Rolando Ct 75 Sold | $300,000 | 1 | 1 | 578 | $519 | 0.2 mi |
C 4860 Rolando Court 81 Active Under Contract | $275,000 List Price | 1 | 1 | 571 | $482 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old condo is functional but dated. While the living area features newer laminate flooring, the kitchen retains older wood cabinetry and laminate countertops likely exceeding 20 years in age. The presence of dated wallpaper and an older wall A/C unit suggests the property needs cosmetic updates and minor repairs to meet modern standards.
Situated near SDSU, La Mesa Village, and major freeways, this property offers exceptional convenience for residents seeking easy access to shopping, dining, and transit.
With a competitive list price of $235,000 and the ability for any age to own, this updated unit presents an affordable entry point into the San Diego real estate market.
The HOA covers essential utilities like water and trash while providing on-site laundry, making this an ideal lock-and-leave property for owners or investors.
Although ownership is open to all, the community is designated for residents aged 55+, which significantly limits the potential pool of tenants or owner-occupants.
Off-street parking is available only on a first-come, first-served basis, which may present challenges for residents during peak hours in this high-demand area.
Located near SDSU, La Mesa Village, Mission Valley, and Downtown San Diego, this updated 1-bedroom, 1-bathroom condo offers comfortable, low-maintenance living in a convenient central location. Situated on the third floor in a 55+ community, Unit 18C features a functional layout with natural light, neighborhood and greenbelt views, plus a private patio on the quiet side of the building. The kitchen includes warm wood cabinetry, along with ample storage throughout the home, including mirrored closet doors. Additional features include wall A/C. HOA dues include trash, water, and on-site laundry facilities. Off street parking is available on a first-come, first-served basis, with additional street parking nearby. Conveniently located close to restaurants, coffee shops, shopping, public transportation, freeway access, and SDSU, this condo is a great opportunity for an owner-occupant or investor, as ownership is open to all ages while the community is designated for 55+ residents.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 32% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 480 | 875 | 6% |
| Lot Size | 27,270 | - | 72% |
| Price | $235.0K | $450.0K | 2% |
| Price per sq ft | $490 | $525 | 34% |
| Built year | 1984 | 1981 | 64% |
| HOA | $285.0 | $451 | 11% |
| Days on market | 10 | 152 | 4% |
May 27, 2026
$235,000
Initial Listing
Aug 18, 2004
$136,000
Public Record
Apr 23, 2004
$200,000
Public Record
Feb 2, 2001
$42,000
Public Record