
San Diego, California 92120
This Dual-Master Condominium represents a Strong Value Opportunity, listed at $412,500—positioned well above the $376,631 Fair Market Value by -9%. While priced at a premium, the unit offers a Condition Rating of 4, featuring recent upgrades like new carpet, paint, and appliances. The split floor plan provides excellent privacy, while the community amenities, including a pool and proximity to Lake Murray, enhance the lifestyle appeal. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home in a central San Diego location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6955 Alvarado Rd 70 Subject 2 bd · 2 ba · 879 sqft · $428 | $412,500* List Price | 2 | 2 | 879 | $428 | - |
A 6955 Alvarado Road 36 Sold 2 bd · 2 ba · 884 sqft · $445 | $393,000 | 2 | 2 | 884 | $445 | - |
B 6821 Alvarado Road 2 Sold 2 bd · 2 ba · 1,120 sqft · $374 · 0.1 mi | $419,000 | 2 | 2 | 1,120 | $374 | 0.1 mi |
C 6775 Alvarado Road 7 Sold 2 bd · 2 ba · 1,139 sqft · $399 · 0.2 mi | $455,000 | 2 | 2 | 1,139 | $399 | 0.2 mi |
D 6765 Alvarado Road Sold 2 bd · 2 ba · 1,139 sqft · $368 · 0.2 mi | $419,000 | 2 | 2 | 1,139 | $368 | 0.2 mi |
E 6955 Alvarado 46 Sold 2 bd · 2 ba · 884 sqft · $486 | $430,000 | 2 | 2 | 884 | $486 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1970 and, while it features recent cosmetic updates like fresh paint, new carpet, and a new dishwasher/laundry, the kitchen and bathrooms remain dated with older cabinetry and tile countertops. It is functional and move-in ready but reflects its 50+ year age with only minor recent renovations rather than a full modern overhaul.
The split floor plan with bedrooms and bathrooms on opposite sides provides maximum privacy, making it an ideal configuration for roommates, guests, or a quiet home office.
The unit features several recent improvements, including new carpet, fresh paint, and new appliances such as a washer/dryer and dishwasher, reducing immediate move-in costs.
Centrally located in Del Cerro, the property offers excellent lifestyle convenience with proximity to Lake Murray, walking distance to the trolley, and easy access to shopping and dining.
At $638 per month, the association fee is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Built in 1970, the complex may lack the modern energy efficiency and contemporary architectural standards of newer developments, potentially leading to higher long-term maintenance needs.
This centrally located top floor, light and bright dual master condo has in unit laundry & air conditioning. The open floor plan was designed for privacy with bedrooms and baths on opposite sides providing an excellent setup for roommates, guests or a peaceful home office/retreat. One bedroom has 2 closets & the other has a walk in closet. Step outside to your private balcony & enjoy your coffee in the morning. Please read supplement for more! Upgrades to the unit include a new washer/dryer, new dishwasher, new carpet and fresh paint. The complex is close to Lake Murray for walking, running and biking. The community has a pool, barbeque, is near Costco and restaurants and is walking distance to the trolly. All this at an amazing price!
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 879 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $412.5K | $598.4K |
| Price per sq ft | $469 | $607 |
| Built year | 1970 | 1986 |
| HOA | $638.0 | $536 |
| Days on market | 4 | 58 |
Oct 21, 2026
$412,500
Initial Listing
Nov 8, 2010
$118,000
Public Record
Aug 9, 2004
$261,000
Public Record