1050 Island Ave 405, San Diego, California 92101, San Diego, 92101 - 1 bed, 2 bath

1050 Island Ave 405, San Diego, California 92101 home-pic-0
ACTIVE$825,000
1050 Island Ave 405, San Diego, California 92101
1Bed
2Baths
1,283Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Urban Walkability: Direct access to downtown San Diego's East Village, including Petco Park, top restaurants, bars, and an in-building café, offering a highly desirable vibrant city lifestyle.
Top Cons:
Limited Bedroom Privacy: As a loft-style unit, the open-concept design may require creative solutions to establish privacy in the bedroom area, which might not appeal to all buyers.

Compared to the nearby listings

Price:$825.0K vs avg $699.0K (+$126,000)63%
Size:1,283 sqft vs avg 1,056 sqft70%
Price/sqft:$643 vs avg $69433%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this loft-style condo is 19 years old, fitting within the 'Good' category's age range. The description highlights 'turnkey living' and 'thoughtfully upgraded' features including sleek stone countertops, durable vinyl wood plank flooring, contemporary lighting, stainless steel appliances, and a 'beautifully renovated primary bathroom.' Images confirm modern, well-maintained stainless steel appliances and clean, updated bathrooms. While the kitchen cabinets appear to be in good condition, their style suggests they might not be brand new, preventing an 'Excellent' rating. Overall, the property is move-in ready with no immediate renovations required, and all major systems and finishes appear functional and well-maintained.
Year Built
2005
Close
-
List price
$825K
Original List price
$899K
Price/Sqft
$643
HOA
$576
Days on market
-
Sold On
-
MLS number
250024527SD
Home ConditionGood
Features
Deck
ViewCity Lights,Neighborhood

About this home

Experience turnkey living in this stunning loft-style condo, perfectly situated in the highly sought-after M2i complex in East Village, downtown San Diego. Designed with an industrial-chic aesthetic, this spacious residence is bathed in natural light from expansive windows, accentuating its high ceilings and exposed concrete details. While maintaining an open-concept loft design, the space offers flexibility to create privacy in the bedroom area, making it adaptable to your lifestyle needs. Thoughtfully upgraded, the home features sleek stone countertops, durable vinyl wood plank flooring, contemporary lighting, custom ceiling fans, stainless steel appliances, and a beautifully renovated primary bathroom. Walk to the best restaurants and bars, catch a game at Petco Park, or grab a bagel and coffee from the café in the building. Experience the vibrant city lifestyle with a touch of exclusivity in this one-of-a-kind residence at M2i. Amenities include a well-equipped gym, a 7th-floor rooftop lounge with panoramic views, a BBQ area, a landscaped zen courtyard, and convenient bike storage. A convenient and rare two-way access parking space is also included. Experience chic urban living in this loft-style condo at East Village’s sought-after M2i. High ceilings, expansive windows, and exposed concrete details create an airy, industrial-chic vibe with flexible space to create privacy in the bedroom area. Upgrades include stone countertops, wide-plank vinyl flooring, designer lighting, ceiling fans, stainless steel appliances, and a fully renovated spa-inspired bathroom. Enjoy building amenities like a fitness center, rooftop lounge with panoramic views, BBQ area, landscaped zen courtyard, and secure bike storage. Just steps to top restaurants, nightlife, Petco Park, and the café downstairs. Includes a rare two-way access parking space.

Nearby schools

5/10
Sherman Elementary School
Public,K-50.7mi
5/10
Washington Elementary School
Public,K-51.1mi
3/10
Burbank Elementary School
Public,K-51.2mi
6/10
Jefferson Elementary School
Public,K-52.8mi
3/10
Perkins Elementary School
Public,K-80.8mi
3/10
Memorial Scholars & Athletes School
Public,6-81.6mi
4/10
Golden Hill K-8
Public,K-81.9mi
5/10
Roosevelt International Middle School
Public,6-82.1mi
Condition Rating
Good

Built in 2005, this loft-style condo is 19 years old, fitting within the 'Good' category's age range. The description highlights 'turnkey living' and 'thoughtfully upgraded' features including sleek stone countertops, durable vinyl wood plank flooring, contemporary lighting, stainless steel appliances, and a 'beautifully renovated primary bathroom.' Images confirm modern, well-maintained stainless steel appliances and clean, updated bathrooms. While the kitchen cabinets appear to be in good condition, their style suggests they might not be brand new, preventing an 'Excellent' rating. Overall, the property is move-in ready with no immediate renovations required, and all major systems and finishes appear functional and well-maintained.
Pros & Cons

Pros

Exceptional Urban Walkability: Direct access to downtown San Diego's East Village, including Petco Park, top restaurants, bars, and an in-building café, offering a highly desirable vibrant city lifestyle.
Comprehensive Building Amenities: Features a well-equipped gym, 7th-floor rooftop lounge with panoramic views, BBQ area, zen courtyard, and bike storage, enhancing resident lifestyle and property value.
Turnkey Modern Upgrades: Recently upgraded with stone countertops, vinyl wood plank flooring, contemporary lighting, stainless steel appliances, and a fully renovated spa-inspired primary bathroom, ensuring move-in readiness.
Distinctive Industrial-Chic Loft Design: High ceilings, expansive windows, and exposed concrete details create a unique, airy aesthetic with flexible space to adapt the bedroom area for privacy.
Valuable Included Parking: The inclusion of a rare two-way access parking space is a significant advantage in a dense urban environment where parking is often limited and costly.

Cons

Limited Bedroom Privacy: As a loft-style unit, the open-concept design may require creative solutions to establish privacy in the bedroom area, which might not appeal to all buyers.
Substantial Monthly Association Fees: The $576.0 monthly association fee is relatively high, adding a significant recurring cost to homeownership.
Recent Price Reduction: The property has undergone a price reduction from its original list price, which could suggest a longer market time or initial overpricing, potentially raising buyer concerns.

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