5473 Adobe Falls Rd-, 16, San Diego, CA 92120
5473 Adobe Falls Rd-, 16, San Diego, CA 92120
Property Description
One of the best locations in the complex! VA Approved condos. Nestled among mature landscaping in the highly desirable Adobe Falls community, this light and bright upstairs end-unit features soaring vaulted ceilings. An excellent opportunity for first-time homebuyers, investors, or those looking to complete a 1031 exchange. Located just minutes from SDSU, this 2-bedroom condo offers outstanding potential as a student rental or long-term investment. The condo includes one deeded parking space (#3) plus an additional rented parking space that may be transferred to the new owner. Newer dual-pane windows, laminate flooring in the kitchen and dining area, tiled bathrooms, and a convenient in-unit laundry closet with washer and dryer included. Enjoy your private balcony with an attached storage closet, perfect for relaxing outdoors. Adobe Falls is a beautifully maintained community featuring a sparkling pool, spa, clubhouse, lush landscaping, and a responsive HOA. HOA dues include water, trash, common area maintenance, roof maintenance, and exterior building maintenance. Ideally located near Mission Valley shopping, countless restaurants, and SDSU, this home is adjacent to the highly desirable Del Cerro and San Carlos communities, known for their established neighborhoods, scenic hiking and biking trails, and exceptional central location. Enjoy convenient access to Interstate 8, Highways 15 and 125, making commuting throughout San Diego a breeze. You'll also be approximately 15 to 20 minutes from Mission Beach, Pacific Beach, and many of San Diego's world-famous beaches (traffic permitting), as well as close to downtown, Qualcomm Stadium redevelopment (Mission Valley), shopping, entertainment, and major employers. Whether you're a first-time buyer, investor, or completing a 1031 exchange, this home offers an unbeatable combination of affordability, convenience, lifestyle, and future upside. Don't miss this opportunity to build equity in one of San Diego's most desirable central locations!
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
San Diego · Condominium
Listed 45.1% below the median closed sale of $690,000. Price per sqft ($429) is a 43% discount to closed comps ($758).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 11364 Poblado Road | San Diego | 1971 | 2 | 2 | 1,116 | 7 | $578 | $645,000 | 300 | 80 |
| 4767 Ocean Boulevard | San Diego | 1971 | 2 | 2 | 1,191 | 46,406 | $1,385 | $1.65M | 265 | 80 |
| 4545 Collwood Boulevard | San Diego | 1970 | 1 | 1 | 756 | 93,477 | $529 | $399,999 | 191 | 80 |
| 7673 Hazard Center | San Diego | 1998 | 2 | 2 | 950 | 35,747 | $742 | $705,000 | 223 | 80 |
| 7263 Camino Degrazia | San Diego | 1988 | 2 | 2 | 1,046 | 128,502 | $570 | $595,900 | 182 | 78 |
| Total: 5 · Average | 1.8 | 1.8 | 1,011.8 | 60,827.8 | $760.8 | $799,179.8 | 232.2 | |||
| Median | 1,046 | $645,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 836 Pennsylvania Ave 317 | San Diego | 1973 | 09/29/2026 | 2 | 2 | 950 | 0 | $685,000 | $690,000 | $726 | 1.01 | 67 | 92 |
| 1251 Parker Pl. | San Diego | 1974 | 09/30/2026 | 2 | 2 | 971 | 0 | $899,000 | $860,000 | $886 | 0.96 | 79 | 91 |
| 727 Sapphire Street | San Diego | 1975 | 10/05/2026 | 2 | 2 | 996 | 0 | $975,000 | $950,000 | $954 | 0.97 | 37 | 90 |
| 4357 Arizona Street | San Diego | 1994 | 09/29/2026 | 2 | 2 | 852 | 0 | $574,999 | $574,999 | $675 | 1.00 | 32 | 86 |
| 5705 Friars Road | San Diego | 1980 | 10/02/2026 | 1 | 2 | 854 | 242,629 | $475,000 | $470,000 | $550 | 0.99 | 36 | 85 |
| Total: 5 · Average | 1.8 | 2.0 | 924.6 | 242,629 | $708,999.8 | $708,999.8 | $758.2 | — | 50.2 | ||||
| Median | 950 | $690,000 | $690,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.