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  • 5473 Adobe Falls Rd- #16

5473 Adobe Falls Rd- #16, San Diego, CA 92120

$399,000 Approx. USD 2 beds, 2 baths
884 sqft

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Photo of Margit Lonauer-Tesar

Margit Tesar REALTOR® - Sales Associate 619-867-1033 m
619-867-1033 o
858-284-2395 f
Lic#: 01460879
NRDS ID: 164002335
mtesar@gmail.com Text Me
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858-284-2395 f
Lic#: 01460879
NRDS ID: 164002335
mtesar@gmail.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
 San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Listing Agent


Regina Flores | reginafloresrealtor@gmail.com
Lic#: 01297838
Broker: Courtesy of LPT Realty
Phone: 619-606-3513

Agent Remarks

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!

Listing Details

Property type: Condominium (Condo/Coop/Townhouse)
Status: Active
MLS# NDP2607425
Price: $399,000
HOA Fee is $510.00
Beds: 2
Baths: 2 (1 full) (1 half)
None fireplaces
Built in 1973
884 sqft
2 stories
County: San Diego
Zoning: R
Appliances: Dishwasher,Electric Oven,Electric Water Heater,Disposal,Microwave,Refrigerator
Heating/cooling: Wall/Window Unit(s)
MLS area: 92120 - Del Cerro

Last Updated: 8/8/2026

 Days On Market (DOM): 9

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This listing belongs to the 92120 - Del Cerro MLS area

Lat/Long: 32.781180, -117.081395.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Margit Lonauer-Tesar

Margit Tesar REALTOR® - Sales Associate 619-867-1033 m
619-867-1033 o
858-284-2395 f
Lic#: 01460879
NRDS ID: 164002335
mtesar@gmail.com Text Me
Call My Cell
Call My Office
858-284-2395 f
Lic#: 01460879
NRDS ID: 164002335
mtesar@gmail.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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