1025 Island Avenue 603, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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1025 Island Avenue 603
San Diego, California 92101
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,027Sq Ft
18,261Lot Size
Property Price
LIST PRICE$639,000
EST. MARKET VALUE
$680,929
6% BelowMARKET VALUE
SUMMARY
This Modern Industrial Loft is a Strong Value Opportunity, listed at $639,000—positioned well below the $680,930 Fair Market Value by 6%. This valuation gap offers $41,930 in Instant Equity for the buyer. Featuring a Good Condition Rating, the residence boasts soaring concrete ceilings, premium appliances, and a private balcony with City Lights views. While school ratings are modest, the prime downtown location near Petco Park ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking an urban lifestyle.
Estimated Market Value
$680,929+$41,929 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1025 Island Avenue 603 Subject 2 bd · 2 ba · 1,027 sqft · $663 | $639,000* List Price | 2 | 2 | 1,027 | $663 | - |
A 321 10th Avenue 201 Sold 2 bd · 2 ba · 1,103 sqft · $644 · 0.1 mi | $710,000 | 2 | 2 | 1,103 | $644 | 0.1 mi |
B 253 10th Avenue 1104 Sold 1 bd · 1 ba · 1,065 sqft · $615 · 0.1 mi | $655,000 | 1 | 1 | 1,065 | $615 | 0.1 mi |
C 575 6th 1502 Sold 2 bd · 2 ba · 1,013 sqft · $735 · 0.2 mi | $745,000 | 2 | 2 | 1,013 | $735 | 0.2 mi |
D 575 6th Ave 1110 Sold 2 bd · 2 ba · 1,032 sqft · $780 · 0.2 mi | $805,000 | 2 | 2 | 1,032 | $780 | 0.2 mi |
E 321 10th Ave 907 Sold 2 bd · 2 ba · 1,103 sqft · $644 · 0.1 mi | $710,000 | 2 | 2 | 1,103 | $644 | 0.1 mi |
F 253 10th Avenue 721 Sold 2 bd · 2 ba · 1,015 sqft · $680 · 0.1 mi | $690,000 | 2 | 2 | 1,015 | $680 | 0.1 mi |
G 800 The Mark 102 Sold 1 bd · 1 ba · 803 sqft · $729 · 0.1 mi | $585,000 | 1 | 1 | 803 | $729 | 0.1 mi |
H 530 K 615 Sold 2 bd · 2 ba · 937 sqft · $523 · 0.3 mi | $490,000 | 2 | 2 | 937 | $523 | 0.3 mi |
I 325 7th 308 Pending 2 bd · 2 ba · 1,014 sqft · $720 · 0.2 mi | $729,900 List Price | 2 | 2 | 1,014 | $720 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 (18 years old), the property falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready with a modern industrial aesthetic, featuring updated kitchen appliances like a new LG dishwasher and a premium Samsung fridge. While some finishes like the bathroom tile appear original, the overall systems and interior remain functional and stylish.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the iconic Fahrenheit building, this residence is steps from Petco Park and the vibrant dining and entertainment hub of San Diego's East Village, offering an unbeatable urban lifestyle.
- Modern Industrial Aesthetic
The loft-style design features soaring concrete ceilings, exposed ductwork, and floor-to-ceiling windows, providing a sophisticated and highly sought-after industrial edge.
- Upgraded Interior Features
The home is equipped with premium appliances, including a new LG dishwasher and Samsung fridge, complemented by a spacious master suite with a walk-in closet and double-sink vanity.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $726 per month is significant for a 1,027 sqft unit, which may impact overall affordability and appeal for some buyers.
- Modest School Ratings
The assigned public schools for this address have relatively low ratings, ranging from 3 to 5, which could be a deterrent for families prioritizing top-tier educational districts.
About 1025 Island Avenue 603
Discover refined urban living in this exceptional 2-bedroom, 2-bath residence at the iconic Fahrenheit building in San Diego. Thoughtfully designed with soaring concrete ceilings, exposed ductwork, and floor-to-ceiling windows, this 1,027 sqft loft-style home is a sophisticated blend of industrial edge and modern elegance. The open loft-style layout blends an industrial edge with modern comfort. The kitchen is equipped with a premium Samsung fridge, gas stainless steel cooking, and a new LG dishwasher. The double-sink master bath and walking closet is adjacent to the bright and spacious master bedroom. The private balcony presents fantastic city views. Most vibrant and desirable neighborhoods, unbeaten location with just minutes from Petco Park, trendy restaurants, exquisite shops, and everything downtown San Diego has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 18,261 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $726.0 / Month
Neighborhood Insights
San Diego Unified Schools
Sherman Elementary School
Grades K-5 • 0.7 mi
5/10
Burbank Elementary School
Grades K-5 • 1.2 mi
3/10
Washington Elementary School
Grades K-5 • 1.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,027 | 1,018.142 |
| Lot Size | 18,261 | 75,257.211 |
| Price | $639.0K | $598.4K |
| Price per sq ft | $622 | $607 |
| Built year | 2006 | 1986 |
| HOA | $726.0 | $536 |
| Days on market | 20 | 58 |
Pricing History
Listed for Sale
Oct 5, 2026
$639,000
Initial Listing
Sold
Jul 25, 2007
$505,000
Public Record
Sold
Mar 29, 2006
$548,500
Public Record