1240 India St. 307, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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1240 India St. 307
San Diego, California 92101
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,253Sq Ft
60,076Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$799,000
SUMMARY
This Turnkey Condominium at TREO represents a Strong Value Opportunity, listed at $829,000—positioned well below the $891,648 Fair Market Value by 7%. This valuation gap offers $62,648 in Instant Equity. Featuring an Excellent Condition Rating, the unit boasts hardwood floors, quartz countertops, and a versatile bonus room. Residents enjoy premium amenities including a pool, spa, and 24-hour concierge. This is an ideal acquisition for Owner-Occupants seeking a vibrant lifestyle or Buy-and-Hold Investors targeting the Little Italy market.
Estimated Market Value
$799,000
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1240 India St. 307 Subject 2 bd · 2 ba · 1,253 sqft · $638 | $799,000* List Price | 2 | 2 | 1,253 | $638 | - |
A 700 W E Street 2903 Sold 2 bd · 2 ba · 1,370 sqft · $693 · 0.2 mi | $950,000 | 2 | 2 | 1,370 | $693 | 0.2 mi |
B 700 W E Street 1001 Sold 3 bd · 2 ba · 1,315 sqft · $776 · 0.2 mi | $1,020,000 | 3 | 2 | 1,315 | $776 | 0.2 mi |
C 1601 India 214 Sold 2 bd · 2 ba · 1,291 sqft · $604 · 0.3 mi | $780,000 | 2 | 2 | 1,291 | $604 | 0.3 mi |
D 300 W Beech 1908 Sold 2 bd · 2 ba · 1,132 sqft · $826 · 0.3 mi | $935,000 | 2 | 2 | 1,132 | $826 | 0.3 mi |
E 425 W Beech Street 403 Sold 2 bd · 2 ba · 1,071 sqft · $574 · 0.2 mi | $615,000 | 2 | 2 | 1,071 | $574 | 0.2 mi |
F 700 W E Street 2802 Sold 2 bd · 2 ba · 1,217 sqft · $698 · 0.2 mi | $850,000 | 2 | 2 | 1,217 | $698 | 0.2 mi |
G 425 W Beech Street 1201 Sold 2 bd · 2 ba · 975 sqft · $710 · 0.2 mi | $692,500 | 2 | 2 | 975 | $710 | 0.2 mi |
H 700 W Harbor 1506 Sold 2 bd · 2 ba · 1,013 sqft · $755 · 0.4 mi | $765,000 | 2 | 2 | 1,013 | $755 | 0.4 mi |
I 1240 India 111 Active 2 bd · 3 ba · 1,470 sqft · $578 · 0.0 mi | $849,000 List Price | 2 | 3 | 1,470 | $578 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building was constructed in 2003, the unit has undergone a high-quality renovation within the last 5 years. It features modern quartz countertops, updated shaker-style cabinetry, a contemporary hexagon tile backsplash, stainless steel appliances, and hardwood flooring throughout. The addition of a Nest thermostat and the mint condition of the interior finishes meet the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Bonus Room
The inclusion of a rare, flexible bonus room provides significant added value, offering a dedicated space for a home office, gym, or den that is often missing in standard two-bedroom urban floor plans.
- Prime Urban Location
Situated in the TREO building at the edge of Little Italy, the property offers exceptional walkability to the waterfront, Rady Shell, and top-tier dining, making it ideal for a vibrant downtown lifestyle.
- Premium Interior Upgrades
The residence features high-quality finishes including hardwood flooring throughout, sleek quartz countertops, and floor-to-ceiling corner windows that maximize natural light and modern aesthetic appeal.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $873.67 is substantial, which may impact buyer affordability and represents a significant ongoing monthly expense compared to buildings with fewer amenities.
- Lower Floor Elevation
Being located on the 3rd floor in a dense downtown environment may result in increased street noise and less privacy compared to higher-level units within the same complex.
About 1240 India St. 307
Welcome to TREO, where the best of Downtown San Diego is right outside your front door. Start your mornings with coffee in Little Italy, spend afternoons along the waterfront, catch a Padres game, enjoy concerts at the Rady Shell, or meet friends for dinner just blocks from home. This spacious residence offers two bedrooms and two full baths, plus a rare, versatile bonus room ideal for a home office, gym, or den. Floor-to-ceiling corner windows fill the open living and dining areas with natural light. Thoughtfully curated upgrades include hardwood floors throughout the home, sleek quartz countertops in the kitchen, custom window treatments, and a Nest thermostat adjustable via smartphone. The generous primary suite easily accommodates a king-size bed. TREO residents enjoy a pool, spa, fitness center, BBQ courtyard, resident lounge, and 24-hour concierge with a secure package delivery room—all in one of Downtown's most desirable locations. Whether you're looking for a full-time residence or the ultimate lock-and-leave lifestyle, this is city living at its best.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- 60,076 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $873.67 / Month
Neighborhood Insights
San Diego Unified Schools
Washington Elementary School
Grades K-5 • 0.4 mi
5/10
Sherman Elementary School
Grades K-5 • 1.6 mi
5/10
Perkins Elementary School
Grades K-8 • 1.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,253 | 1,018.142 |
| Lot Size | 60,076 | 75,257.211 |
| Price | $799.0K | $598.4K |
| Price per sq ft | $638 | $607 |
| Built year | 2003 | 1986 |
| HOA | $873.67 | $536 |
| Days on market | 104 | 58 |
Pricing History
Listed for Sale
Sep 16, 2026
$799,000
$829,000
-4% Price Drop
Initial Listing
Price Change
Jul 13, 2026
$829,000
Initial Listing
Sold
Oct 18, 2018
$610,000
Public Record
Sold
Mar 29, 2012
$407,000
Public Record
Sold
Jan 29, 2003
$376,000
Public Record