
San Diego, California 92119
This Spacious Condominium represents a Strong Value Opportunity, listed at $545,000—positioned well below the $554,791 Fair Market Value by 1.76%. This valuation gap offers $9,791 in Instant Equity for the buyer. Featuring a Good Condition Rating with modern cosmetic updates, the unit includes a private balcony, in-unit laundry, and access to resort-style amenities like a pool and spa. Its prime location near Lake Murray makes this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7245 Navajo D250 Subject | $545,000* List Price | 2 | 2 | 1,259 | $441 | - |
A 7255 Navajo Rd C320 Sold | $610,000 | 2 | 2 | 1,289 | $473 | 0.0 mi |
B 7245 Navajo D170 Sold | $535,000 | 2 | 2 | 1,259 | $425 | 0.0 mi |
C 7255 Navajo C330 Sold | $570,000 | 2 | 2 | 1,259 | $453 | 0.0 mi |
D 7227 Navajo Rd 103 Sold | $474,000 | 2 | 1 | 927 | $511 | 0.0 mi |
E 6816 Hyde Park Dr Sold | $500,000 | 2 | 2 | 1,094 | $457 | 0.6 mi |
F 6877 Caminito Mundo 46 Sold | $585,000 | 2 | 2 | 1,044 | $560 | 0.1 mi |
G 6876 Hyde Park G Active | $490,000 List Price | 2 | 2 | 1,094 | $448 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1987, the unit has undergone significant cosmetic updates within the last 5-15 years, including newer wide-plank flooring, updated light fixtures, and stainless steel appliances. The kitchen has been refreshed with painted cabinetry, and the overall condition is well-maintained and move-in ready, fitting the 'Good' criteria despite the age of the structure.
Situated in the highly desirable San Carlos area, the property offers exceptional proximity to Lake Murray and Mission Trails, providing significant value for outdoor enthusiasts.
At 1,259 square feet, this unit offers a generous open floor plan with a private balcony and in-unit laundry, providing more living space than typical two-bedroom condos in this price range.
The listing price of $545,000 is strategically positioned below its previous 2024 sale price of $569,000, offering an attractive entry point and immediate equity potential for buyers.
The $721 monthly association fee is substantial and may impact buyer affordability or debt-to-income ratios compared to other local housing options.
Built in 1987, the property may lack the modern energy efficiency standards and contemporary architectural finishes found in newer residential developments.
Welcome to Lomas Del Cerro! This beautifully maintained 2-bedroom, 2-bath condo offers 1,259 sq ft of comfortable living space in the desirable San Carlos/Lake Murray area. Enjoy an open floor plan with abundant natural light, a cozy fireplace, private balcony, and in-unit laundry. The spacious primary suite and resort-style community amenities, including a pool, spa, and sauna, make this home perfect for first-time buyers, downsizers, or investors. Conveniently located near Lake Murray, Mission Trails, shopping, dining, and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,259 | 999 |
| Lot Size | 33,213 | 84,697.5 |
| Price | $545.0K | $604.2K |
| Price per sq ft | $433 | $618 |
| Built year | 1987 | 1985 |
| HOA | $721.0 | $500 |
| Days on market | 28 | 53 |
Jun 24, 2026
$545,000
Initial Listing
Apr 15, 2024
$569,000
Public Record
Nov 4, 2016
$300,000
Public Record
Jan 31, 2002
$202,500
Public Record
Nov 18, 1997
$119,000
Public Record