1240 India St. 307, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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San Diego, California 92101
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1240 India St. 307 Subject | $829,000* List Price | 2 | 2 | 1,253 | $712 | - |
A 425 W Beech Street 1201 Sold | $692,500 | 2 | 2 | 975 | $710 | 0.2 mi |
B 700 W E Street 2802 Sold | $850,000 | 2 | 2 | 1,217 | $698 | 0.2 mi |
C 700 W E St 2201 Sold | $1,057,000 | 2 | 2 | 1,315 | $804 | 0.2 mi |
D 700 W E Street 1903 Sold | $1,054,000 | 2 | 2 | 1,370 | $769 | 0.2 mi |
E 425 W Beech St 1706 Sold | $959,000 | 2 | 3 | 1,379 | $695 | 0.2 mi |
F 850 State St Sold | $695,000 | 2 | 2 | 1,282 | $542 | 0.3 mi |
G 701 Kettner Blvd 15 Sold | $719,000 | 2 | 2 | 1,103 | $652 | 0.4 mi |
H 1780 Kettner Blvd 106 Sold | $885,000 | 1 | 2 | 1,208 | $733 | 0.4 mi |
I 1240 India 111 Active | $849,000 List Price | 2 | 3 | 1,470 | $578 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.6 mi
Grades K-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,253 | 999 |
| Lot Size | 60,076 | 84,697.5 |
| Price | $829.0K | $604.2K |
| Price per sq ft | $662 | $618 |
| Built year | 2003 | 1985 |
| HOA | $873.67 | $500 |
| Days on market | 9 | 53 |
Jul 13, 2026
$829,000
Initial Listing
Oct 18, 2018
$610,000
Public Record
Mar 29, 2012
$407,000
Public Record
Jan 29, 2003
$376,000
Public Record