
San Diego, California 92101
This Downtown San Diego Condominium is a Strong Value Opportunity, listed at $495,000—positioned slightly above the $487,072 Fair Market Value. While the property is priced at market, its Fair Condition Rating and 2005 construction offer a stable foundation for cosmetic personalization. Featuring a private balcony with city views and a dedicated workspace, this unit provides a functional urban lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a prime East Village location near Petco Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1225 Island Ave 409 Subject | $495,000* List Price | 1 | 1 | 898 | $542 | - |
A 206 Park Boulevard 501 Sold | $411,000 | 1 | 1 | 881 | $467 | 0.2 mi |
B 1150 J 104 Sold | $480,000 | 1 | 1 | 967 | $496 | 0.0 mi |
C 1050 Island Avenue 711 Sold | $580,000 | 1 | 1 | 814 | $713 | 0.1 mi |
D 253 10th Ave 733 Sold | $429,999 | 1 | 1 | 808 | $532 | 0.2 mi |
E 427 9th Ave 504 Sold | $570,000 | 1 | 1 | 871 | $654 | 0.2 mi |
F 525 11th Avenue 1501 Sold | $545,000 | 1 | 1 | 863 | $632 | 0.1 mi |
G 777 6th Ave 419 Sold | $585,000 | 2 | 2 | 1,119 | $523 | 0.4 mi |
H 875 G St. 707 Sold | $465,000 | 1 | 1 | 678 | $686 | 0.3 mi |
I 1050 Island 211 Active | $535,000 List Price | 1 | 1 | 828 | $646 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it in the 'Fair' category. While well-maintained and move-in ready, the kitchen finishes (cabinets and tile) and mixed appliances are dated and reflect the original construction style, suggesting a need for minor cosmetic updates.
Situated in the heart of San Diego’s vibrant East Village, the property offers unparalleled walkability to Petco Park, the Gaslamp Quarter, and the waterfront.
At nearly 900 square feet, this one-bedroom unit features a rare dedicated workspace and an open-concept design that maximizes natural light and livability.
The inclusion of a private balcony provides a personal retreat with city views, a highly desirable feature for urban condominium living.
The monthly HOA fee of $562.72 represents a significant recurring cost that may impact the overall affordability for some buyers.
The property is served by local schools with lower performance ratings, which could be a consideration for families or long-term investment growth.
Welcome to 1225 Island Avenue #409, a light and inviting downtown condo in the heart of San Diego’s vibrant East Village. This well-designed residence features an open-concept floor plan that seamlessly connects the kitchen, dining and living spaces, creating a comfortable layout for everyday living and entertaining. Step outside onto your private balcony and enjoy city views and the energy of downtown from your own outdoor space. The thoughtfully designed interior includes an in-unit washer and dryer, a dedicated desk/workspace ideal for working from home, and additional storage to help keep everything organized. Large windows bring in natural light and complement the open, airy feel of the home. Enjoy the convenience of urban living with Petco Park, the Gaslamp Quarter, restaurants, coffee shops, shopping, entertainment, the waterfront and some of San Diego’s favorite destinations just minutes away. Whether you’re searching for a primary residence, downtown retreat or investment opportunity, #409 offers a fantastic combination of location, functionality and city living. Experience the best of downtown San Diego right outside your door!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 898 | 1,002.307 |
| Lot Size | 28,509 | 75,574.68 |
| Price | $495.0K | $596.0K |
| Price per sq ft | $551 | $612 |
| Built year | 2005 | 1985 |
| HOA | $562.72 | $529 |
| Days on market | 15 | 55 |
Aug 25, 2026
$495,000
Initial Listing
Nov 13, 2020
$390,000
Public Record
Aug 25, 2010
$245,000
Public Record
Jun 15, 2005
$406,500
Public Record