
San Diego, California 92126
This Ground-Floor Condominium presents a High-Potential Investment Opportunity, listed at $529,000—positioned slightly above the $520,959 Fair Market Value. While requiring cosmetic updates to reach its full potential, the property features a Condition Rating of 4, offering a clear path to build sweat equity. Residents benefit from Energy Star-qualified windows, a community pool and spa, and access to top-rated schools like Ericson Elementary and Mira Mesa High. This is an ideal acquisition for Value-Add Investors or first-time buyers seeking a stable, accessible home in a prime San Diego location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8470 Westmore Subject 2 bd · 2 ba · 897 sqft · $576 | $519,000* List Price | 2 | 2 | 897 | $576 | - |
A 8444 New Salem 12 Sold 2 bd · 2 ba · 866 sqft · $555 · 0.2 mi | $481,000 | 2 | 2 | 866 | $555 | 0.2 mi |
B 8692 New Salem Sold 2 bd · 2 ba · 831 sqft · $656 · 0.4 mi | $545,000 | 2 | 2 | 831 | $656 | 0.4 mi |
C 8456 New Salem 30 Sold 2 bd · 2 ba · 866 sqft · $622 · 0.2 mi | $539,000 | 2 | 2 | 866 | $622 | 0.2 mi |
D 8646 New Salem 10 Sold 1 bd · 1 ba · 581 sqft · $680 · 0.4 mi | $395,000 | 1 | 1 | 581 | $680 | 0.4 mi |
E 10805 Camino Ruiz 40 Active 2 bd · 2 ba · 912 sqft · $598 · 0.2 mi | $545,000 List Price | 2 | 2 | 912 | $598 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the property is nearly 40 years old and retains a dated kitchen with original oak cabinetry and older appliances. While the listing notes updated Energy Star windows, water heater, and functional HVAC, the interior requires significant cosmetic updates to the kitchen, baths, and flooring to meet modern standards, fitting the 'sweat equity' description.
Elementary School: Ericson Elementary School (9/10). High School: Mira Mesa High School (9/10).
As a ground-floor unit with no interior steps, this condo offers true single-level living, making it highly desirable for buyers prioritizing long-term accessibility and convenience.
The property features central air and heat, double-pane ENERGY STAR-qualified windows, and an ENERGY STAR-rated water heater, ensuring superior climate control and reduced utility expenses.
The property is positioned as an opportunity for 'sweat equity,' implying that the interior finishes are dated and will require additional capital investment for modern cosmetic upgrades.
With only one assigned covered carport space for a two-bedroom residence, parking may be a significant constraint for multi-vehicle households or those who frequently host guests.
Welcome to Unit 385 at Heritage at Concord Square! This well-maintained ground-floor 2BR/2BA condo offers the convenience of true single-level living with no interior steps. The thoughtfully designed home features a kitchen with a gas range and oven, included refrigerator, and a stackable washer/dryer conveniently tucked into its own closet. Central air and heat, double-pane ENERGY STAR-qualified windows, and an ENERGY STAR-rated water heater provide year-round comfort and energy efficiency. An assigned covered carport space adds everyday convenience. Well cared for and move-in ready, the home also presents an excellent opportunity for a buyer looking to add personal touches, make cosmetic improvements, and build sweat equity over time. The $290 monthly HOA fee provides exceptional value, covering trash, front-yard and grounds maintenance, and access to the community pool and spa. The landscaped, sidewalk-lined community also features an on-site resident manager. Conveniently located within the San Diego Unified School District, with Mira Mesa High School, Challenger Middle School, and Ericson Elementary School nearby. A great opportunity to own a well-maintained, ground-floor condo offering low-maintenance living, valuable HOA inclusions, and plenty of potential to make it your own.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 897 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $519.0K | $598.4K |
| Price per sq ft | $579 | $607 |
| Built year | 1987 | 1986 |
| HOA | $290.0 | $536 |
| Days on market | 37 | 58 |
Oct 20, 2026
$519,000
$529,000
-2% Price Drop
Initial Listing
Sep 19, 2026
$529,000
Initial Listing
Sep 18, 2026
$539,000
Initial Listing
May 27, 2008
$232,000
Public Record
May 1, 2003
$245,000
Public Record
Apr 30, 2002
$185,000
Public Record
Aug 1, 1996
$80,000
Public Record