1021 Scott Street 122, San Diego, California 92106, San Diego, 92106 - bed, 1 bath
ACTIVE$350,000$233/sqft
1021 Scott Street 122, San Diego, California 92106
0Bed
1Bath
233Sqft
71,523Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Assumable Loan Option: The property offers an optional assumable loan, providing a significant financial advantage and potentially lower interest rates for qualified buyers in the current market.
Top Cons:
Limited Living Space: With only 233 square feet, the unit offers very limited living space, which may restrict its appeal to individuals or couples seeking a compact living arrangement, and could be a challenge for those needing more room.
Compared to the nearby listings
Price:$350.0K vs avg $1.00M ($-650,000)9%
Size:233 sqft vs avg 1,275 sqft9%
Price/sqft:$1.5K vs avg $92791%
More Insights
Built in 1980 (46 years old).
Condition: Despite the building being built in 1980, the interior of this studio unit has been significantly updated. The kitchen features modern white shaker-style cabinets, stainless steel appliances (refrigerator, over-the-range microwave), an electric cooktop, and a granite-look countertop, making it highly functional and aesthetically pleasing. The bathroom also presents a clean, updated look with a matching vanity, modern fixtures, and a glass-enclosed tub/shower. Laminate wood flooring throughout the living area and bedroom further enhances the contemporary feel. These updates suggest a renovation within the last 5-15 years, making the property move-in ready with no immediate renovation required, aligning with a 'Good' condition score.
Year Built
1980
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$1,502
HOA
$377
Days on market
-
Sold On
-
MLS number
PTP2600289
Home ConditionGood
Features
Good View: Peek-A-Boo
Deck
Pool
ViewPeek-A-Boo
About this home
The MOST AFFORDABLE opportunity in all of Point Loma with an optional ASSUMABLE LOAN! A light and bright unit located in one of San Diego’s most desirable waterfront communities. This well-designed unit offers a convenient layout with a sliding glass door opening to your own private balcony, perfect for enjoying coastal breezes, and is set within a private gated community that provides both comfort and peace of mind. Residents enjoy excellent community amenities, including a pool, fitness center, billiards room, office or workspace, and a stylish, presentable lounge ideal for relaxing or entertaining. Just steps from Shelter Island, you are within walking distance to marinas, boating, water sports, beaches, waterfront dining, Humphreys, Kona Kai, and scenic coastal paths, with easy access to Downtown San Diego, the airport, and Liberty Station. Whether you are searching for a primary residence, second home, or coastal San Diego investment, this unit delivers unbeatable value, lifestyle, and location in the heart of Point Loma.
D
Dennis Bragg
Listing Agent
Nearby schools
4/10
Cabrillo Elementary School
Public,•K-4•0.2mi
6/10
Dana
Public,•5-6•0.9mi
6/10
Correia Middle School
Public,•7-8•2.0mi
7/10
Point Loma High School
Public,•9-12•1.5mi
Price History
Date
Event
Price
04/12/24
Sold
$360,000
05/24/06
Sold
$168,000
Condition Rating
Good
Despite the building being built in 1980, the interior of this studio unit has been significantly updated. The kitchen features modern white shaker-style cabinets, stainless steel appliances (refrigerator, over-the-range microwave), an electric cooktop, and a granite-look countertop, making it highly functional and aesthetically pleasing. The bathroom also presents a clean, updated look with a matching vanity, modern fixtures, and a glass-enclosed tub/shower. Laminate wood flooring throughout the living area and bedroom further enhances the contemporary feel. These updates suggest a renovation within the last 5-15 years, making the property move-in ready with no immediate renovation required, aligning with a 'Good' condition score.
Pros & Cons
Pros
Assumable Loan Option: The property offers an optional assumable loan, providing a significant financial advantage and potentially lower interest rates for qualified buyers in the current market.
Prime Waterfront Location: Situated in one of San Diego’s most desirable waterfront communities, the unit is steps from Shelter Island, offering walking access to marinas, beaches, dining, and entertainment, with easy access to Downtown, the airport, and Liberty Station.
Comprehensive Community Amenities: Residents benefit from a private gated community with excellent amenities including a pool, fitness center, billiards room, office/workspace, and a stylish lounge, enhancing lifestyle and convenience.
Exceptional Value in Point Loma: Marketed as the 'MOST AFFORDABLE opportunity in all of Point Loma,' this unit presents unbeatable value for its location and lifestyle, appealing to budget-conscious buyers in a high-demand area.
Versatile Investment Potential: The unit is suitable as a primary residence, second home, or coastal San Diego investment, broadening its appeal to a diverse range of potential buyers.
Cons
Limited Living Space: With only 233 square feet, the unit offers very limited living space, which may restrict its appeal to individuals or couples seeking a compact living arrangement, and could be a challenge for those needing more room.
Building Age: Built in 1980, the property is over 40 years old. While the description mentions a 'well-designed unit,' it does not specify recent renovations within the unit, potentially implying older systems or finishes that may require future updates.
Monthly Association Fees: The $377.0 monthly association fee adds a recurring cost to ownership, which, while common for properties with extensive amenities, can impact the overall affordability and budget for some buyers.