1122 Locust St, San Diego, California 92106, San Diego, 92106 - 2 bed, 2 bath
Loading property details...
San Diego, California 92106
This Modern Coastal Townhome is a High-Potential Investment Opportunity, listed at $1,625,000—positioned well below the $1,855,825 Fair Market Value by 12%. This valuation gap offers $230,825 in Instant Equity. Featuring a Good Condition Rating, the home includes panoramic San Diego Bay views, a gourmet kitchen with stone countertops, and a private viewing deck. Located in prime Point Loma near Shelter Island, it balances luxury with significant financial upside. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1122 Locust St Subject | $1,625,000* List Price | 2 | 2 | 2,023 | $917 | - |
A 3144 Emerson St Sold | $1,349,000 | 2 | 3 | 1,304 | $1,035 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014, this 12-year-old property falls within the 10-20 year range for a 'good' rating. It is in move-in ready condition with high-end modern finishes, including a gourmet kitchen with sleek stone countertops and stainless steel appliances, and a contemporary spa-inspired bathroom featuring a wet room design. The flooring, lighting, and overall aesthetic are well-maintained and meet modern quality standards.
The residence features floor-to-ceiling windows and multiple private decks that offer breathtaking, unobstructed vistas of the San Diego Bay and the Downtown skyline.
A chef-caliber kitchen equipped with high-end stainless steel appliances, sleek stone countertops, and a large sit-up island, designed for both functionality and high-end entertaining.
Ideally situated just steps from the water, providing convenient access to Shelter Island yacht clubs, La Playa, and the vibrant dining and shopping at Liberty Station.
Despite offering over 2,000 square feet of living space, the property only contains two bedrooms, which may limit its appeal to larger families or those needing multiple home offices.
As a multi-story townhome with the primary suite located on the top floor, the layout may be less desirable for buyers with mobility concerns or those seeking single-level accessibility.
Modern Coastal Elegance. Discover the perfect fusion of contemporary design and coastal luxury in this stunning Point Loma residence. This light-filled townhome offers an elevated "lock-and-go" lifestyle with stunning views. Exceptional Living Spaces The heart of the home is an expansive, open-concept great room featuring floor-to-ceiling windows that frame panoramic vistas of the San Diego Bay and the Downtown skyline. The gourmet kitchen is a chef’s dream, equipped with high-end stainless steel appliances, sleek stone countertops, and a large sit-up island perfect for entertaining. Transition effortlessly to your private balcony to enjoy the evening glow of the city lights. Primary Retreat & Versatile Layout The top-floor primary suite serves as a peaceful sanctuary, complete with a private viewing deck and a spa-inspired en-suite bathroom featuring dual sinks and wet room shower and tub. Unbeatable location just steps from the water, you are minutes from the yacht clubs of Shelter Island, the historic charm of La Playa, and the world-class dining and shopping at Liberty Station. Complete with an attached garage and high-end finishes throughout, this is coastal living at its finest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 2,023 | 1,304 | 80% |
| Lot Size | - | 5,237 | 20% |
| Price | $1.62M | $1.35M | 80% |
| Price per sq ft | $803 | $852 | 20% |
| Built year | 2014 | 2006 | 60% |
| HOA | $276.0 | $306 | 20% |
| Days on market | 15 | 186 | 20% |
Apr 7, 2026
$1,625,000
Initial Listing
Jun 12, 2020
$974,000
Public Record
Aug 1, 2014
$980,000
Public Record