
San Diego, California 92120
This Turnkey Condominium represents a Strong Value Opportunity, listed at $555,000—positioned well above the $515,960 Fair Market Value by 7%. While priced at a premium, the property features a Condition Rating of 2, showcasing high-quality recent renovations including a modern kitchen, marble-tiled bathrooms, and new flooring. Located in Del Cerro, it offers access to Top-Rated Schools like Dailard Elementary and Patrick Henry High. With resort-style amenities and sweeping views, this is an ideal sanctuary for first-time buyers or downsizing professionals seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7320 Park Ridge Blvd 216 Subject | $555,000* List Price | 2 | 2 | 997 | $518 | - |
A 7757 Margerum Ave Unit 150 Sold | $500,000 | 2 | 2 | 912 | $548 | 1.0 mi |
B 7717 Margerum 123 Sold | $414,000 | 1 | 1 | 643 | $644 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1980, the unit has undergone a high-quality recent renovation within the last 5 years. It features an updated kitchen with modern finishes, bathrooms tastefully remodeled with marble tile, and new wide-plank flooring throughout. The addition of a modern mini-split HVAC system further indicates well-maintained systems and move-in ready condition.
Situated in the desirable Del Cerro neighborhood, the property is within walking distance of top-rated schools like Dailard Elementary, making it highly attractive for families and long-term appreciation.
The condo features tastefully updated bathrooms with marble tile and a modernized kitchen, offering a move-in-ready aesthetic that reduces the need for immediate post-purchase capital improvements.
As a second-floor end unit, the home benefits from increased natural light, enhanced privacy, and sweeping views that are often unavailable in standard interior units within the complex.
The monthly HOA fee of $550 is a significant recurring expense that may impact the debt-to-income ratio for prospective buyers and overall monthly affordability.
Built in 1980, the property and its common areas may require more frequent maintenance or future assessments compared to newer residential developments in the San Diego area.
Ideally located in Del Cerro, this bright and inviting 2-bedroom, 2-bathroom end-unit condo combines comfort, style, and sweeping views. Situated on the second floor, the home is bathed in natural light and offers an open, spacious feel throughout. The living room flows effortlessly onto a private balcony, creating the perfect spot to enjoy your morning coffee, unwind with a book, or take in the surrounding scenery. The updated kitchen offers a functional layout with modern finishes, seamlessly blending convenience and style. The generous primary suite provides exceptional flexibility, with extra room for a desk, nursery, or reading nook. Both bathrooms have been tastefully renovated with timeless marble tile showers and flooring, adding a refined touch throughout. Residents can enjoy resort-style amenities, including a sparkling community pool and relaxing spa. Conveniently located within walking distance of highly regarded elementary, middle, and high schools, the home also offers easy access to SDSU, shopping, dining, parks, and major freeways. Whether you're searching for your first home, looking to downsize, or seeking a strong investment opportunity, this Del Cerro condo offers an outstanding combination of location, comfort, and value.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 997 | 1,002.307 |
| Lot Size | 157,418 | 75,574.68 |
| Price | $555.0K | $596.0K |
| Price per sq ft | $557 | $612 |
| Built year | 1980 | 1985 |
| HOA | $550.0 | $529 |
| Days on market | 38 | 55 |
Aug 2, 2026
$555,000
Initial Listing
Feb 28, 2003
$275,000
Public Record