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1080 Park Blvd 202, San Diego, California 92101, San Diego, 92101 - bed, 1 bath

1080 Park Blvd 202, San Diego, California 92101 home-pic-0
ACTIVE$474,900
1080 Park Blvd 202, San Diego, California 92101
0Bed
1Bath
854Sqft
29,550Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Assumable VA Loan: Offers a highly attractive assumable VA loan at a low 2.75% interest rate, providing significant financial savings for eligible VA buyers.
Top Cons:
High HOA Fees: The monthly association fee of $868.32 is substantial and could be a significant recurring cost for potential buyers.

Compared to the nearby listings

Price:$474.9K vs avg $692.5K ($-217,600)20%
Size:854 sqft vs avg 1,046 sqft35%
Price/sqft:$556 vs avg $6949%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property falls within the 'Good' category's age range (10-20 years). The unit presents a modern urban loft style with hardwood floors, concrete ceilings, and exposed ducting, all appearing well-maintained. The kitchen features modern stainless steel appliances, granite countertops, and an island, consistent with a move-in ready condition. The bathroom is clean and functional with a granite vanity. There are no visible signs of significant wear, tear, or immediate renovation needs, indicating well-maintained systems and overall good quality.
Year Built
2007
Close
-
List price
$475K
Original List price
$500K
Price/Sqft
$556
HOA
$868.32
Days on market
-
Sold On
-
MLS number
250000107SD
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

ASSUMABLE VA LOAN @ 2.75% (VA BUYER ONLY)!!! WALKING DISTANCE to EVERYTHING!!! This urban condo in downtown San Diego is a blend of modern style and convenience. With floor-to-ceiling windows, tall ceilings, and a private balcony featuring a custom storage cabinet, the space is both functional and stylish. The design emphasizes contemporary urban living, showcasing concrete accents, exposed ducting, and plumbing. The spacious kitchen is a chef’s dream, offering granite countertops, an island, and an induction stovetop. The flexible open loft layout allows you to personalize the space, whether you prefer it as is or by adding partitions for a bedroom or office. Custom-built, soft-close closets enhance the storage options. Located on the Trolley line and close to major freeways, the condo provides unparalleled convenience. Ground-floor retail options include Starbucks, Subway, and 7 Eleven. WALKING DISTANCE to Little Italy, the bay, Marina, Gaslamp, Petco & Balboa Parks, train, trolley, & more!!! Rooftop amenities add to the appeal, with an oversized jacuzzi, BBQ facilities, and lounge areas. The property also features a fitness center and secure, gated parking with free motorcycle parking.

Nearby schools

5/10
Sherman Elementary School
Public,•K-5•0.8mi
5/10
Washington Elementary School
Public,•K-5•0.9mi
3/10
Burbank Elementary School
Public,•K-5•1.4mi
6/10
Jefferson Elementary School
Public,•K-5•2.5mi
3/10
Perkins Elementary School
Public,•K-8•1.1mi
5/10
Roosevelt International Middle School
Public,•6-8•1.7mi
4/10
Golden Hill K-8
Public,•K-8•1.8mi
3/10
Memorial Scholars & Athletes School
Public,•6-8•1.8mi
Condition Rating
Good
Built in 2007, this property falls within the 'Good' category's age range (10-20 years). The unit presents a modern urban loft style with hardwood floors, concrete ceilings, and exposed ducting, all appearing well-maintained. The kitchen features modern stainless steel appliances, granite countertops, and an island, consistent with a move-in ready condition. The bathroom is clean and functional with a granite vanity. There are no visible signs of significant wear, tear, or immediate renovation needs, indicating well-maintained systems and overall good quality.
Pros & Cons

Pros

Assumable VA Loan: Offers a highly attractive assumable VA loan at a low 2.75% interest rate, providing significant financial savings for eligible VA buyers.
Exceptional Walkability & Prime Location: Boasts unparalleled walkability to downtown San Diego attractions including Little Italy, Gaslamp, Petco Park, Balboa Park, the bay, Marina, and public transportation (Trolley line).
Modern Design & Features: Features a contemporary urban design with floor-to-ceiling windows, tall ceilings, concrete accents, exposed ducting, and a private balcony with custom storage.
Upgraded Kitchen: Includes a spacious, chef-friendly kitchen equipped with granite countertops, a central island, and an induction stovetop.
Excellent Building Amenities: Residents benefit from premium building amenities such as a rooftop with an oversized jacuzzi, BBQ facilities, lounge areas, a fitness center, and secure gated parking.

Cons

High HOA Fees: The monthly association fee of $868.32 is substantial and could be a significant recurring cost for potential buyers.
VA Loan Assumption Restriction: While the assumable VA loan is a major draw, its benefit is limited exclusively to VA-eligible buyers, narrowing the potential market.
Open Loft Layout: The flexible open loft layout, while modern, lacks a traditional, enclosed bedroom, which may not appeal to all buyers seeking defined private spaces.

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