
San Diego, California 92108
This Turnkey Studio Residence is a Strong Value Opportunity, listed at $319,000—positioned well below the $342,165 Fair Market Value by 6%. This valuation gap offers $23,165 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with fresh updates, this unit offers a low-maintenance lifestyle near Fashion Valley. With its central location and proximity to the Green Line, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in ready San Diego foothold.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6780 Friars Rd 302 Subject | $299,000* List Price | 0 | 1 | 505 | $632 | - |
A 6780 Friars Rd 214 Sold | $335,000 | 1 | 1 | 505 | $663 | 0.0 mi |
B 6202 Friars Rd 310 Sold | $309,000 | 0 | 1 | 432 | $715 | 0.4 mi |
C 1605 Hotel Cir S B114 Sold | $305,000 | 0 | 1 | 422 | $723 | 0.8 mi |
D 1615 S Hotel Circle D103 Sold | $387,000 | 1 | 1 | 700 | $553 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1972, the unit has been 'freshly updated from top to bottom' according to the listing. The interior features new carpeting, fresh paint, and a modernized kitchen with a contemporary glass tile backsplash and stainless steel appliances, meeting the criteria for a recent renovation in mint, move-in condition.
Situated in the heart of Mission Valley, the property offers unparalleled access to Fashion Valley Mall, major freeways (I-8, I-15, I-5), and the Green Line Trolley, making it ideal for commuters.
The residence has been freshly updated from top to bottom with a thoughtful layout, providing a move-in-ready experience that appeals to both first-time buyers and investors.
Priced at $319,000, this property represents a rare and affordable entry point into the San Diego real estate market, offering a low-maintenance lifestyle in a high-demand area.
At only 505 square feet, the studio configuration offers restricted space which may not suit buyers requiring a private bedroom or significant storage.
Built in 1972, the property may lack the modern energy efficiency standards and contemporary building amenities found in newer Mission Valley developments.
This freshly updated studio residence at The Franciscan Community, just west of the 163 and Fashion Valley Mall offers a surprisingly thoughtful and efficient lay-out of a small space, with distinct areas for relaxing, dining, and sleeping that flow together in an open, light-filled floor plan. The home has just been refreshed from top to bottom and is looking for its next owner! Truly move-in ready from day one, it’s an easy “yes”. Whether you're a first-time buyer looking for an affordable foothold in San Diego, an investor seeking a low-maintenance rental, or someone who wants a lock-and-leave lifestyle close to everything, this home checks the boxes. The location is hard to beat: You're minutes from Fashion Valley Mall's shopping and dining, quick access to I-8, I-15, and I-5, and a short walk or trolley ride via the Green Line to everywhere else San Diego has to offer. Spend a weekend afternoon along the San Diego River trail or exploring Presidio Park, then be back home in minutes. Affordable, updated, and unbeatably located.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 7-8 • 15.0 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 505 | 1,002.307 |
| Lot Size | 211,015 | 75,574.68 |
| Price | $299.0K | $596.0K |
| Price per sq ft | $592 | $612 |
| Built year | 1972 | 1985 |
| HOA | $400.0 | $529 |
| Days on market | 27 | 55 |
Aug 28, 2026
$299,000
$319,000
-6% Price Drop
Initial Listing
Aug 13, 2026
$319,000
Initial Listing
Oct 27, 2005
$214,000
Public Record