8765 Lake Murray 2, San Diego, California 92119, San Diego, 92119 - 2 bed, 1 bath
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8765 Lake Murray 2
San Diego, California 92119
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,041Sq Ft
169,991Lot Size
Property Price
LIST PRICE$439,999
EST. MARKET VALUE
$454,036
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $439,999—positioned well below the $454,036 Fair Market Value by 3%. This valuation gap provides $14,037 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with a fully remodeled kitchen and bath, this home offers a modern, move-in-ready lifestyle. Residents enjoy community pool access and proximity to Lake Murray. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a high-quality, low-maintenance residence in San Carlos.
Estimated Market Value
$454,036+$14,037 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8765 Lake Murray 2 Subject | $439,999* List Price | 2 | 1 | 1,041 | $436 | - |
A 8779 Lake Murray 9 Sold | $497,000 | 3 | 2 | 1,149 | $433 | 0.0 mi |
B 8785 Navajo Rd 6 Sold | $425,000 | 2 | 2 | 1,114 | $382 | 0.1 mi |
C 7838 Cowles Mountain Ct C33 Sold | $330,000 | 1 | 1 | 724 | $456 | 1.0 mi |
D 8767 Navajo Road 4 Pending | $430,000 List Price | 2 | 2 | 1,041 | $413 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1972, the property has undergone a comprehensive recent remodel of the kitchen, bathroom, and primary bedroom. The kitchen features modern stainless steel appliances, a contemporary range hood, stone countertops, and updated cabinetry, indicating a renovation likely within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior
The property features a remodeled kitchen, bathroom, and primary bedroom, providing a contemporary, move-in-ready aesthetic that is highly desirable for a 1970s-era build.
- Prime Recreational Location
Situated in San Carlos with immediate access to Lake Murray and Mission Trails Regional Park, the location offers exceptional value for outdoor enthusiasts seeking hiking and biking trails.
- Spacious Single-Level Layout
At 1,041 square feet, this unit offers a generous and functional single-level floor plan, providing more living space than many standard two-bedroom condominiums in the area.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $500 monthly association fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
- Limited Bathroom Count
With only one bathroom serving two bedrooms, the property may face challenges in appeal for roommates or small families compared to units offering a second half or full bath.
About 8765 Lake Murray 2
Welcome to this updated 2-bedroom, 1-bath condo offering approximately 1,041 sq. ft. of comfortable single-level living in desirable San Carlos. The home features a remodeled kitchen, remodeled bathroom and remodeled primary bedroom, along with generous living space, nicely sized bedrooms and a functional floor plan designed for comfortable everyday living. Enjoy the community pool and a convenient location close to shopping, dining and recreation. Outdoor enthusiasts will appreciate easy access to Lake Murray and Mission Trails Regional Park, offering miles of trails and opportunities for hiking, biking and enjoying the outdoors. With its combination of remodeled living spaces, generous square footage, community amenities and a desirable San Carlos location, this home offers an excellent opportunity to enjoy one of San Diego's established neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 169,991 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
San Diego Unified Schools
Gage Elementary School
Grades K-5 • 0.5 mi
6/10
Pershing Middle School
Grades 6-8 • 0.6 mi
6/10
Patrick Henry High School
Grades 9-12 • 2.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,041 | 1,002.307 |
| Lot Size | 169,991 | 75,574.68 |
| Price | $440.0K | $596.0K |
| Price per sq ft | $423 | $612 |
| Built year | 1972 | 1985 |
| HOA | $500.0 | $529 |
| Days on market | 21 | 55 |
Pricing History
Listed for Sale
Aug 19, 2026
$439,999
Initial Listing
Sold
Jun 18, 2015
$198,000
Public Record
Sold
Jun 1, 2001
$130,000
Public Record