
San Diego, California 92120
This Condominium is a High-Potential Investment Opportunity, listed at $389,900—positioned slightly above the $384,163 Fair Market Value. While the property requires modernization, its Fair Condition Rating is offset by recent flooring upgrades and a prime location near SDSU and UCSD East Hospital. With a Heated Pool and Private Patio, this unit offers strong rental demand for students and healthcare professionals. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the San Diego market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6955 Alvarado Road 36 Subject | $389,900* List Price | 2 | 2 | 884 | $431 | - |
A 6821 Alvarado Road 2 Sold | $419,000 | 2 | 2 | 1,120 | $374 | 0.1 mi |
B 6775 Alvarado Road 7 Sold | $455,000 | 2 | 2 | 1,139 | $399 | 0.2 mi |
C 6955 Alvarado 46 Sold | $430,000 | 2 | 2 | 884 | $486 | - |
D 6765 Alvarado Road Sold | $419,000 | 2 | 2 | 1,139 | $368 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 54 years old and, while it features newly installed carpet and laminate flooring, the kitchen and bathrooms remain dated with older tile countertops and basic cabinetry. The reliance on a wall A/C unit rather than central HVAC and the overall age of the systems place it in the fair category, as it is functional but requires modernization.
The property's proximity to SDSU, UCSD East Hospital, and major transit makes it an ideal high-demand rental or residence for students and healthcare professionals.
Featuring newly installed cashmere carpet, wood laminate flooring, and included appliances like a stack washer/dryer, the unit offers immediate occupancy with minimal initial investment.
Priced under $400,000 for a two-bedroom, two-bath layout in San Diego, this condo represents a rare and accessible opportunity for first-time buyers and investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =126936, other record lot size in square feet = 126760.
The association fee of $637.08 is relatively high for this price point, which may impact a buyer's monthly carrying costs and overall affordability.
The reliance on a wall A/C unit rather than a modern central HVAC system may result in less efficient climate control during warmer summer months.
Light, bright, and perfectly located! This charming first-floor, corner unit, 2-bedroom, 2-bath condo offers exceptional convenience and comfortable living. Its premium location within the community places you just steps from the pool, picnic and BBQ area, mailboxes, assigned parking, and directly across the street from popular restaurants and shopping.The inviting living room opens to a private patio, providing the perfect space to relax, enjoy your morning coffee, or unwind after a long day.Inside, you'll find newly installed cashmere-colored carpeting complemented by rich dark wood-look laminate flooring in the entry, kitchen, and bathrooms.The spacious primary suite features two reach-in closets, a separate linen closet, and an en-suite bathroom with a walk-in shower. The guest bedroom offers a generous walk-in closet, providing plenty of storage.The kitchen is equipped with electric appliances, and the home includes a convenient stackable washer and dryer. Stay comfortable year-round with a wall-mounted air conditioning unit and ceiling fans that complement San Diego's mild coastal climate.The HOA amenities include a sparkling pool, BBQ and picnic area, pet-friendly spaces, and beautifully maintained grounds, making it easy to enjoy the Southern California lifestyle.Ideally located near SDSU, UC San Diego Medical Center - East Campus, major freeways, and public transportation, this home is perfect for first-time buyers, healthcare professionals, students, or investors seeking an excellent rental opportunity.Priced for a quick sale. Don't miss this fantastic opportunity--schedule your private showing today!
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 | 884 | 1,002.307 |
| Lot Size | 126,936 | 75,574.68 |
| Price | $389.9K | $596.0K |
| Price per sq ft | $441 | $612 |
| Built year | 1970 | 1985 |
| HOA | $637.08 | $529 |
| Days on market | 36 | 55 |
Aug 4, 2026
$389,900
Initial Listing
Mar 17, 2005
$289,000
Public Record
Jul 26, 2004
$250,000
Public Record