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VA Approved Condos: BALBOA RIDGE (007937) MAP 9731

va approved condos for saleBALBOA RIDGE (007937) MAP 9731: 5404 Balboa Arms Drive, San Diego, CA 92117

  • Bedrooms: 0-4
  • Bathrooms: 1-2
  • Price Range as of Dec 2014: $150,000-$350,000

Call VA Home Loan Centers at 888-573-4496 for assistance with a VA condo ID approval project,


Built in 1995, Balboa Ridge Map 9731 Condominiums are located in the Clairemont Mesa East neighborhood of San Diego. The complex is home to 300 units. Studios to four bedrooms and one to two bathroom units are found on the property. Condos range in price between $150,000 and $350,000. The average listing price for Clairemont Mesa East is $474,406, higher than Balboa Ridge Map 9731. One bedroom units are roughly 600 square feet. A possible investment property, market economists expect Clairemont Mesa East property values to rise by 0.8 percent next year. Residents of Balboa Ridge Map 9731 pay low monthly HOA dues of $210. Fees include limited insurance and common area maintenance.

Centrally located, Balboa Ridge is in walking distance to a shopping center that includes a home depot and target. The general area includes eight banks, four gas stations, and six grocery stores. 20 restaurants are in walking distance, and highly renowned eateries like Pieology Pizzeria, China Wok, and Don Diego’s Taco Bar are very close. 12 public schools are in the attendance area of the complex. Sequoia Elementary School, Innovation Middle School, and Madison High School are the closest to the property, all of which are within a mile. The 805, 162 and 52 are all accessible from Balboa Ridge, making transportation to other areas of the city easy. The complex is six miles from Pacific Beach, 14 miles from the 32nd Street naval station, nine miles from the Marine Corps Recruiting Depot and 34 miles from Camp Pendleton. Of additional use to commuters are bus routes 41 and 27 which make stops nearby. The 41 connects the University of California San Diego and the VA hospital with Fashion Valley Transit Center. The 27 runs between Pacific Beach and the Kearny Mesa Transit Center; both routes make stops at trolley stations.

The complex is well landscaped with common areas; units connect with patios or small yards. Balboa Ridge is a gated and secured complex. Units are equipped with closet stacked washing machines and dryers. Remodeled units include vaulted ceilings, designer kitchen tiles, walk-in closets, and laminate flooring. Residents can take advantage of several amenities at Balboa Ridge, including three pools, spas, and a barbecue. Per condo, one to two gated parking spots is assigned, with additional parking available on the street. The property is both child and pet-friendly. The Lindbergh Neighborhood Park is close by; this park has ample green area to walk a dog on, as well as a large children’s playground.


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