1025 Island Ave 704, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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San Diego, California 92101
This Penthouse-Style Condominium is a Strong Value Opportunity, listed at $915,000—positioned well below the $926,659 Fair Market Value by 1%. This valuation gap offers $11,659 in Instant Equity. The property is in Good Condition, featuring 13-foot ceilings, floor-to-ceiling windows, and two side-by-side parking spaces. Located in the vibrant East Village, it offers an unmatched urban lifestyle near Petco Park. This is an ideal acquisition for Owner-Occupants seeking luxury city living or urban professionals prioritizing walkability and premium views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1025 Island Ave 704 Subject | $915,000* List Price | 2 | 2 | 1,220 | $760 | - |
A 550 Park Blvd 2604 Sold | $650,000 | 2 | 2 | 1,124 | $578 | 0.1 mi |
B 427 9th Ave 1402 Sold | $1,060,000 | 2 | 2 | 1,097 | $966 | 0.1 mi |
C 325 7th Avenue 1801 Sold | $750,000 | 2 | 2 | 1,021 | $735 | 0.2 mi |
D 253 10th Avenue 721 Sold | $690,000 | 2 | 2 | 1,015 | $680 | 0.1 mi |
E 325 7th Avenue 1002 Sold | $860,000 | 2 | 2 | 973 | $884 | 0.2 mi |
F 350 11th Ave 622 Sold | $785,000 | 2 | 3 | 1,439 | $546 | 0.1 mi |
G 575 6th Ave 1705 Sold | $1,125,000 | 2 | 2 | 1,195 | $941 | 0.2 mi |
H 325 7th Avenue 1006 Sold | $750,000 | 2 | 2 | 972 | $772 | 0.2 mi |
I 1025 Island Avenue 603 Active | $665,000 List Price | 2 | 2 | 1,027 | $648 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is approximately 18-20 years old, placing it firmly in the 'Good' category. The interior is well-maintained and move-in ready, featuring a modern kitchen with updated quartz waterfall countertops and stainless steel appliances. The industrial-chic systems (exposed ductwork) and bathrooms appear functional and stylish, though the overall building age precludes an 'Excellent' rating without a documented full-system renovation within the last 5 years.
As a top-floor corner residence, this unit boasts dramatic 13-foot ceilings and floor-to-ceiling windows that maximize natural light and offer expansive city views.
Situated in the heart of East Village, the property offers unparalleled walkability to Petco Park, the Gaslamp Quarter, and San Diego’s premier dining and entertainment.
The inclusion of two side-by-side assigned parking spaces is a rare and highly valuable commodity in a dense downtown environment where parking is often tandem or limited.
The monthly HOA fee of $848 is significant and may impact the overall affordability and budget for buyers sensitive to recurring non-mortgage expenses.
The assigned public schools carry relatively low ratings (ranging from 3 to 5), which could be a drawback for families or impact future resale value to education-focused buyers.
Unit 704 at Fahrenheit is a rare top-floor corner residence in the heart of East Village, offering expansive city views through dramatic floor-to-ceiling windows. This 2-bedroom, 2-bath penthouse-style home features 1,220 sq. ft. of bright, open living space with soaring 13-foot ceilings, a spacious kitchen with an island, a dedicated dining area, and two private balconies that seamlessly extend the living space outdoors. The HOA includes high-speed internet, and the home comes complete with two assigned side-by-side parking spaces. Ideally located just steps from Petco Park and the Gaslamp Quarter, you’ll enjoy some of San Diego’s best dining, including Cowboy Star and Callie, along with premier shopping, entertainment, and nightlife in one of downtown’s most vibrant, walkable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,220 | 999 |
| Lot Size | 18,261 | 84,697.5 |
| Price | $915.0K | $604.2K |
| Price per sq ft | $750 | $618 |
| Built year | 2006 | 1985 |
| HOA | $848.0 | $500 |
| Days on market | 16 | 53 |
Jul 6, 2026
$915,000
Initial Listing
Aug 8, 2022
$903,000
Public Record
Oct 5, 2006
$798,000
Public Record