6955 Alvarado 61, San Diego, California 92120, San Diego, 92120 - 2 bed, 2 bath
Loading property details...
San Diego, California 92120
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $439,900—positioned well above the $389,000 Fair Market Value by -13%. Featuring a Condition Rating of 3, the unit offers modern upgrades including shaker-style cabinetry and updated flooring. With community amenities like a pool and BBQ area and proximity to SDSU and the trolley, it provides strong rental demand. While the monthly HOA is notable, the location ensures long-term utility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6955 Alvarado 61 Subject | $439,900* List Price | 2 | 2 | 879 | $443 | - |
A 6955 Alvarado Rd 30 Sold | $435,000 | 2 | 2 | 876 | $497 | 0.0 mi |
B 6821 Alvarado Road 2 Sold | $419,000 | 2 | 2 | 1,120 | $374 | 0.1 mi |
C 6775 Alvarado Road 7 Sold | $455,000 | 2 | 2 | 1,139 | $399 | 0.2 mi |
D 6765 Alvarado Road Sold | $419,000 | 2 | 2 | 1,139 | $368 | 0.2 mi |
E 6901 Alvarado Rd 9 Sold | $499,000 | 3 | 2 | 969 | $515 | 0.0 mi |
F 6775 Alvarado Rd 21 Sold | $449,000 | 2 | 2 | 1,139 | $394 | 0.2 mi |
G 6775 Alvarado Road Sold | $445,000 | 2 | 2 | 1,139 | $391 | 0.2 mi |
H 6851 Alvarado Rd 13 Active | $489,000 List Price | 2 | 2 | 1,139 | $429 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1970, the unit has undergone modern renovations including white shaker-style kitchen cabinetry and updated flooring. The interior appears well-maintained, functional, and move-in ready, fitting the criteria for a 5-15 year old renovation.
Situated in a prime Del Cerro location near SDSU, the trolley, and major hospitals, offering exceptional convenience for students, medical professionals, and commuters.
This second-floor unit features modern interior upgrades and a bright, open floor plan, providing a move-in-ready experience without the need for immediate renovations.
Currently listed below its 2023 sale price of $478,500, this property presents a significant value opportunity for investors or first-time buyers in a high-demand rental market.
The monthly association fee of $640 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
Built in 1970, the complex may face challenges associated with older construction, potentially leading to future assessments or maintenance requirements for common areas.
Beautiful upgraded 2-bed/2-bath condo in Prime Location. Welcome to this upgraded second-floor condo offering comfort, style, and convenience. This Unit offers a bright and open floor plan with modern upgrades. Enjoy a relaxing morning from the private balcony, with a well-maintained community. The home offers desirable and ideally situated near the trolley, popular restaurants, SDSU College, major hospitals, and great accessibility to the freeway, and just a short drive to the beaches. Perfect for homeowners or investors seeking location, convenience, and modern living all in one. The complex is located close to SDSU, within walking distance to the trolley and restaurants. Amenities include a wonderful pool and a BBQ area. Easy access to the freeway and the beaches
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 | 999 |
| Lot Size | 126,760 | 84,697.5 |
| Price | $439.9K | $604.2K |
| Price per sq ft | $500 | $618 |
| Built year | 1970 | 1985 |
| HOA | $640.0 | $500 |
| Days on market | 18 | 53 |
Jul 4, 2026
$439,900
Initial Listing
Oct 17, 2023
$478,500
Public Record
Nov 28, 2017
$228,000
Public Record
Sep 7, 2012
$125,000
Public Record
Aug 20, 2004
$289,000
Public Record