
San Diego, California 92120
This Townhome-Style Condominium is a Prime Investment Opportunity, listed at $429,000—positioned well below the $440,609 Fair Market Value by 2%. This valuation gap offers $11,609 in Instant Equity for the incoming owner. The property is in Move-In Ready Condition, featuring wood-look tile flooring, solar panels, and a private patio with community pool and spa access. Located in Del Cerro within the San Diego Unified district near SDSU, it offers high rental demand and proximity to Clay Elementary. This is an ideal fit for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6821 Alvarado Road 2 Subject | $419,900* List Price | 2 | 2 | 1,120 | $369 | - |
A 6775 Alvarado Rd 21 Sold | $449,000 | 2 | 2 | 1,139 | $394 | 0.1 mi |
B 6775 Alvarado Road Sold | $445,000 | 2 | 2 | 1,139 | $391 | 0.1 mi |
C 6765 Alvarado Road Active | $429,000 List Price | 2 | 2 | 1,139 | $377 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant modern updates including wood-look tile flooring, recessed lighting, and a renovated kitchen featuring stainless steel appliances and updated cabinetry. While the building dates to 1970, the interior has been well-maintained and updated with contemporary finishes, central A/C, and solar panels, meeting the criteria for a well-maintained home with minimal wear and tear.
The property is ideally situated near SDSU, major medical facilities, and transit hubs, making it a high-demand location for students, faculty, and healthcare professionals.
With two levels, direct exterior access, and no interior corridors, this unit offers the privacy and feel of a townhome while maintaining the price point of a condominium.
The inclusion of solar panels, central A/C, and a pre-completed home inspection with a clear termite report provides significant value and reduces immediate buyer risk.
The two assigned parking spaces are in a tandem configuration, which can be less convenient for multi-driver households requiring frequent vehicle movement.
The reliance on a community laundry room rather than in-unit hookups may be a drawback for buyers prioritizing modern convenience and privacy.
Two-story condo that lives like a townhome, offering 2 bedrooms and 1.5 baths in a centrally located community near SDSU, major medical facilities, shopping, public transit, and freeway access. The entry-level main floor features an open living and dining area with wood-look tile flooring, recessed lighting, accent walls, a gas-starter fireplace with built-in cabinetry, and central A/C. The layout flows comfortably for everyday living, with a functional kitchen offering ample cabinetry, an adjacent dining space, and a refrigerator that conveys. A convenient half bath is located downstairs for guests, along with additional under-stair storage. Upstairs, both bedrooms are generously sized and share a centrally located hallway bathroom. The layout features a vanity area positioned just outside the tub/shower and toilet area. Enjoy a private patio with easy access to the community pool, spa, grill area, and community laundry room, along with a front greenbelt area maintained by the HOA. The unit offers entry-level access and includes two assigned tandem parking spaces (#183) located just a short walk away, without the need to navigate interior corridors or buildings. Legally a condominium; layout and exterior access give a townhome-style feel. Entry-level unit with exterior access—no interior corridors. Two assigned tandem parking spaces located a short walk from the unit. Pre-home inspection and clear termite report were completed in September and are available for agent review. Solar panels installed; buyer to independently verify system details and terms. Interior living spaces are notably quiet despite proximity to major freeways. Refrigerator conveys. HOA covers water, trash, sewer, exterior building maintenance, and common area landscaping. Community amenities include pool, spa, grill area, greenbelt areas, and community laundry. Convenient location near SDSU, medical facilities, public transit, and major commuter routes.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,120 | 1,035 | 60% |
| Lot Size | - | - | 50% |
| Price | $419.9K | $466.2K | 17% |
| Price per sq ft | $375 | $506 | 3% |
| Built year | 1970 | 1975 | 33% |
| HOA | $525.0 | $532 | 50% |
| Days on market | 54 | 141 | 17% |
Apr 20, 2026
$419,900
$429,000
-2% Price Drop
Initial Listing
Feb 27, 2026
$429,000
Initial Listing
Oct 25, 2017
$290,000
Public Record
Jul 5, 2013
$165,000
Public Record
Apr 12, 2013
$145,000
Public Record
Sep 26, 2002
$202,000
Public Record
Aug 25, 2000
$108,000
Public Record