8609 Lake Murray 11, San Diego, California 92119, San Diego, 92119 - 2 bed, 2 bath
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San Diego, California 92119
This Condominium Asset represents a High-Potential Investment Opportunity, listed at $475,000—positioned above the $430,079 Fair Market Value. While currently priced above market, the property offers significant lifestyle value in the desirable Lake Murray neighborhood. Featuring a Condition Rating of 4, the unit provides a functional layout with 2 assigned tandem carport spaces and access to community pool and spa amenities. Proximity to top-rated schools like Patrick Henry High makes this a stable acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-located San Diego residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8609 Lake Murray 11 Subject | $475,000* List Price | 2 | 2 | 973 | $442 | - |
A 8779 Lake Murray 9 Sold | $497,000 | 3 | 2 | 1,149 | $433 | 0.1 mi |
B 8785 Navajo Rd 6 Sold | $425,000 | 2 | 2 | 1,114 | $382 | 0.2 mi |
C 8757 Lake Murray Blvd 4 Sold | $530,000 | 3 | 2 | 1,209 | $438 | 0.1 mi |
D 8767 Navajo Road 4 Active | $430,000 List Price | 2 | 2 | 1,041 | $413 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this property is functional but dated. While it features newer laminate flooring, the presence of popcorn ceilings, older wall AC units, and basic bathroom tiling indicates it has not had a comprehensive modern renovation in over 15-20 years, fitting the criteria for needing minor updates.
Situated in the highly sought-after Lake Murray neighborhood, the property offers immediate access to Mission Trails Regional Park and Cowles Mountain, providing exceptional value for outdoor enthusiasts.
The $412 monthly HOA fee provides significant value by including water, sewer, and trash services, alongside access to well-maintained community amenities like a pool, spa, and BBQ area.
The inclusion of two assigned tandem carport spaces plus dedicated storage is a rare and highly functional feature for a San Diego condominium at this price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =136677, other record lot size in square feet = 136803.
The property relies on community laundry facilities rather than having private in-unit hookups, which may be a convenience drawback for modern buyers.
The unit utilizes a wall AC unit rather than a central air conditioning system, which may result in less efficient or uneven cooling throughout the 973-square-foot layout during hot summer months.
Welcome to this inviting 2-bed/ 2-bath condo the desirable Casa Dorada community of San Diego’s highly sought-after Lake Murray neighborhood. Offering a bright and functional layout, this home combines everyday comfort with an unbeatable location close to shopping, dining, outdoor recreation, and major commuter routes. The spacious living area opens to a private balcony where you can unwind while watching hummingbirds visit throughout the morning and relax at the end of the day. The primary suite features a walk-in closet and private en-suite bathroom, while the second bedroom and full bath provide flexibility for guests, a home office, or additional living space. Additional features include laminate flooring, central heating, wall AC, and 2 assigned tandem carport parking spaces with convenient storage. Casa Dorada residents enjoy beautifully maintained grounds and outstanding amenities, including a swimming pool, spa, BBQ area, and lush green spaces. HOA dues also include water, sewer, and trash, common area maintenance, and community laundry is just steps away, providing added value and peace of mind. Ideally situated near Lake Murray, Mission Trails Regional Park, Cowles Mountain, shopping centers, restaurants, and major freeways, this home offers easy access to everything San Diego has to offer. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this move-in-ready condo is one you won’t want to miss!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 973 | 999 |
| Lot Size | 136,677 | 84,697.5 |
| Price | $475.0K | $604.2K |
| Price per sq ft | $488 | $618 |
| Built year | 1975 | 1985 |
| HOA | $412.0 | $500 |
| Days on market | 15 | 53 |
Jul 7, 2026
$475,000
Initial Listing
Apr 25, 2025
$445,000
Public Record
Oct 3, 2024
$448,000
Public Record
Dec 11, 2020
$343,000
Public Record
Aug 2, 2019
$310,000
Public Record
May 12, 2016
$220,000
Public Record