1480 Broadway 2324, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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1480 Broadway 2324
San Diego, California 92101
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,126Sq Ft
0Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$511,998
SUMMARY
This Prime Investment Opportunity is a 2-bedroom condominium listed at $499,000, positioned well below the $511,999 Fair Market Value by 2%. This valuation gap offers $12,999 in Instant Equity for the buyer. With a Good Condition Rating, the unit features a modern kitchen and resort-style amenities including a fitness center and spa. Located in the heart of San Diego, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-walkability urban lifestyle near the Gaslamp District.
Estimated Market Value
$511,998
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 |
|---|---|---|---|---|---|---|
★ 1480 Broadway 2324 Subject | $499,000* List Price | 2 | 2 | 1,126 | $455 | - |
A 1465 C Street 3307 Sold | $515,000 | 2 | 2 | 1,061 | $485 | 0.0 mi |
B 1465 C St 3509 Sold | $495,000 | 2 | 2 | 1,013 | $489 | 0.0 mi |
C 1080 Park Blvd 807 Sold | $500,000 | 2 | 2 | 1,037 | $482 | 0.2 mi |
D 1480 Broadway Sold | $634,900 | 3 | 2 | 1,338 | $475 | 0.0 mi |
E 777 6th Ave 419 Sold | $585,000 | 2 | 2 | 1,119 | $523 | 0.5 mi |
F 1465 C St. 3311 Sold | $360,000 | 1 | 1 | 721 | $499 | 0.0 mi |
G 1080 Park Blvd 515 Sold | $490,000 | 2 | 2 | 1,422 | $345 | 0.2 mi |
H 801 Ash St 402 Sold | $525,000 | 2 | 2 | 1,156 | $454 | 0.4 mi |
I 1480 Broadway 2324 Active | $520,000 List Price | 2 | 2 | 1,126 | $462 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004, this 20-year-old property falls within the 'Good' range. The unit is well-maintained and move-in ready with updated flooring in the living areas. While the kitchen cabinetry and black appliances appear original to the build date, they remain functional and the overall condition does not require immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Positioned as the lowest-priced two-bedroom condo in Downtown San Diego, this property offers significant value and is aggressively priced well below its 2023 sale price of $566,000.
- Prime Urban Location
Situated in the heart of Union Square, the property boasts a high walkability score with immediate access to the Gaslamp District, Petco Park, and the upcoming East Village Green park.
- Resort-Style Amenities
The building provides a comprehensive lifestyle package including a full fitness center, sauna, hot tub, and secure underground parking, which are highly desirable for downtown residents.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $833 per month is relatively high and adds a significant recurring cost that may impact the overall affordability for budget-conscious buyers.
- Tandem Parking Configuration
The included parking is in a tandem arrangement, which is generally less convenient than side-by-side spaces and may be a drawback for households with two active drivers.
About 1480 Broadway 2324
Unbeatable Value in Union Square—The Lowest-Priced 2-Bed Downtown! Sun-drenched, spacious, and styled to impress, this 2-bed, 2-bath condo is designed for effortless city living. The sleek modern kitchen features a generous island perfect for hosting, complemented by the ultimate convenience of an in-unit washer and dryer. Resort-Style Amenities Full fitness center, relaxing sauna, and soothing hot tub right at your doorstep. Secure underground tandem parking included Unbeatable central Union Square address with top dining and shopping steps away Move-in ready and aggressively priced for a quick sale—schedule your tour before it’s gone! Located within walking distance to the vibrant Gaslamp District and Petco Park, you’ll have easy access to some of San Diego’s best dining, entertainment, and nightlife. The upcoming East Village Green park will add even more appeal, featuring a dog park, children's park and open green space for community events and a concert pavilion, a welcoming place to gather with friends and family.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $833.0 / Month
Neighborhood Insights
San Diego Unified Schools
Sherman Elementary School
Grades K-5 • 0.7 mi
5/10
Roosevelt International Middle School
Grades 6-8 • 1.7 mi
5/10
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 | 1,126 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $499.0K | $596.0K |
| Price per sq ft | $443 | $612 |
| Built year | 2004 | 1985 |
| HOA | $833.0 | $529 |
| Days on market | 15 | 55 |
Pricing History
Listed for Sale
Aug 25, 2026
$499,000
Initial Listing
Sold
Oct 12, 2023
$566,000
Public Record
Sold
Sep 17, 2020
$447,000
Public Record
Sold
Sep 29, 2004
$499,000
Public Record