540 65th, San Diego, California 92114, San Diego, - bed, bath
ACTIVE$2,500,000
540 65th, San Diego, California 92114
0Bed
0Bath
5,180Sqft
55,675Lot
Year Built
1989
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
-
HOA
$330
Days on market
-
Sold On
-
MLS number
NDP2510109
Home ConditionFair
Features
View-
About this home
7 Units in Wyndham Place. These units are all currently rented. Perfect opportunity to own multiple units in one complex.
Price History
Date
Event
Price
10/20/25
Listing
$2,500,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (2 Listings) | |
|---|---|---|---|
| Beds | 0 | 3 | |
| Baths | 0 | 4 | |
| Square foot | 5,180 | 1,235 | 67% |
| Lot Size | 55,675 | 64,033 | 33% |
| Price | $2.5M | $625K | 67% |
| Price per square foot | $483 | $483 | 50% |
| Built year | 1989 | 1989 | 50% |
| HOA | $330 | $330 | 50% |
| Days on market | 15 | 146 | 33% |
Condition Rating
Fair
Built in 1989, this property is 35 years old. The interiors, particularly the kitchen, feature white appliances, simple white cabinets, and basic countertops, suggesting either original condition that has been well-maintained or a renovation that occurred 15-25 years ago. The flooring (tile and carpet) appears clean and functional, as do the light fixtures. While the property is well-maintained and move-in ready, the overall style and features are outdated and would benefit from minor updates to meet current aesthetic standards. The presence of a floor fan in the bedroom might indicate an older or less efficient cooling system. This aligns with the 'Fair' category, where the home is aged but maintained, and major components are functional but show signs of being outdated.
Pros & Cons
Pros
High Unit Count: The property comprises 7 individual units, offering a significant scale for an investor and diversifying income streams within a single asset.
Fully Occupied: All units are currently rented, ensuring immediate rental income and eliminating initial vacancy risk for the new owner.
Prime Investment Opportunity: Explicitly described as a 'perfect opportunity to own multiple units in one complex,' appealing directly to investors seeking portfolio growth.
Desirable Market Location: Situated in San Diego, a major metropolitan area known for strong rental demand and potential for long-term property appreciation.
Condominium Structure: As a condominium, common area and exterior maintenance responsibilities may be handled by the association, potentially reducing direct owner burden.
Cons
Ongoing Association Fees: A monthly association fee of $330.0 represents a recurring expense that directly impacts the property's net operating income.
Property Age: Built in 1989, the property is over 30 years old, suggesting that major systems (HVAC, plumbing, electrical) and interior finishes may be original and could require significant capital expenditures for updates or replacements in the near future.
Limited Unit-Specific Details: The description lacks crucial information regarding individual unit conditions, current rental rates, lease terms, or interior amenities, necessitating extensive due diligence for a comprehensive investment analysis.