1050 Island Avenue 711, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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San Diego, California 92101
This Top-Floor M2i Penthouse is listed at $550,000, representing a stable acquisition opportunity for a premium urban asset in the heart of East Village. While the listing is positioned near its $519,633 Fair Market Value, the price reflects the rare architectural volume and high-end upgrades unique to this unit. Boasting a Good Condition Rating, the residence features soaring 14-foot ceilings, industrial concrete walls, and a chef’s kitchen equipped with GE Monogram appliances. Residents enjoy a private balcony and immediate access to a rooftop entertainment deck with panoramic views. This home is perfectly suited for Urban Professionals or Owner-Occupants seeking a sophisticated, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 Island Avenue 711 Subject | $550,000* List Price | 1 | 1 | 814 | $638 | - |
A 1050 Island Ave 422 Sold | $580,000 | 1 | 1 | 894 | $649 | 0.0 mi |
B 1225 Island Avenue 611 Sold | $450,000 | 1 | 1 | 667 | $675 | 0.1 mi |
C 525 11th Avenue 1116 Sold | $505,000 | 1 | 2 | 969 | $521 | 0.0 mi |
D 427 9th Ave 601 Sold | $455,000 | 1 | 1 | 843 | $540 | 0.1 mi |
E 253 10th Ave 329 Sold | $480,000 | 1 | 1 | 831 | $578 | 0.2 mi |
F 800 The Mark 2103 Sold | $685,000 | 1 | 1 | 878 | $780 | 0.1 mi |
G 550 Park Boulevard 2306 Active | $500,000 List Price | 1 | 1 | 738 | $678 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is approximately 19-21 years old, placing it squarely in the 'Good' category. The unit is well-maintained and move-in ready, featuring a chef's kitchen with premium GE Monogram appliances and energy-efficient systems. While the kitchen and bath finishes reflect the original construction era, the high-end materials and penthouse upgrades maintain excellent functionality.
This top-floor unit features soaring 14-foot ceilings, skylights, and industrial-chic elements like concrete walls and brick accents, providing a rare sense of volume and sophisticated urban style.
Includes a coveted, oversized private storage unit (approx. 8x10x14) and immediate access to the rooftop entertainment deck, offering convenience and utility rarely found in downtown condos.
Equipped with premium GE Monogram appliances and energy-efficient systems, the property offers luxury living with relatively low monthly HOA dues for the East Village area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 41218.
With only one bedroom and one bathroom, the property may not appeal to families or those requiring a dedicated home office space, narrowing the potential buyer demographic.
While the unit is a penthouse, the views are primarily of the interior courtyard and neighborhood rather than the iconic San Diego skyline or bay, which some luxury buyers might expect.
Entertaining Offers between $550,000 and $599,999 **Top-Floor M2i Penthouse in East Village** with Low HOA Dues, perched on the top floor of the highly sought-after M2i building by CityMark Development. This stunning one-bedroom penthouse delivers true urban sophistication with soaring 14-foot ceilings and an abundance of natural light. Skylights and expansive floor-to-ceiling windows create a bright, airy atmosphere, perfectly complementing the upgraded contemporary concrete walls and ceilings. The open-concept living space is enhanced by a striking brick accent wall, blending industrial character with modern elegance. The chef’s kitchen features premium GE Monogram appliances, including a built-in refrigerator, while thoughtful upgrades like ceiling fans and designer lighting add comfort and style throughout. Step out onto your private balcony to enjoy peaceful courtyard views—a rare retreat in the heart of the city. Additional highlights include: * In-unit stacked washer and dryer * Coveted privately owned storage unit (approx 8x10x14) * Energy-efficient systems, dual-glazed windows, and low-emission glass. Residents of M2i enjoy resort-style amenities, including: * Rooftop entertainment deck with BBQs and fireplace, right down the hall, * Fully equipped fitness center * Lushly landscaped courtyard * Secured underground parking with assigned space Located in the vibrant East Village, just moments from Petco Park, you’ll be surrounded by top-rated dining, coffee spots, and the best of downtown San Diego living... and an easy drive to the beaches and military bases.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 814 | 1,107 | 23% |
| Lot Size | 0.95 | - | 64% |
| Price | $550.0K | $757.0K | 27% |
| Price per sq ft | $676 | $696 | 46% |
| Built year | 2005 | 2004 | 52% |
| HOA | $519.0 | $896 | 6% |
| Days on market | 20 | 154 | 8% |
Apr 2, 2026
$599,999
Initial Listing
Apr 2, 2026
$550,000
Initial Listing
Jan 15, 2019
$475,000
Public Record
Dec 19, 2005
$407,500
Public Record