1480 Broadway 2224, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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1480 Broadway 2224
San Diego, California 92101
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,084Sq Ft
49,176Lot Size
Property Price
LIST PRICE$513,000
EST. MARKET VALUE
$546,272
6% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $513,000—positioned well below the $546,272 Fair Market Value by 6%. This valuation gap offers $33,272 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit includes 2024 hardwood floors and a 2025 A/C replacement. With City Lights views and resort-style amenities, this residence is perfectly suited for Owner-Occupants seeking urban convenience or first-time buyers prioritizing a move-in ready lifestyle in Downtown San Diego.
Estimated Market Value
$546,272+$33,272 Equity Potential
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 2224 Subject 2 bd · 2 ba · 1,084 sqft · $504 | $513,000* List Price | 2 | 2 | 1,084 | $504 | - |
A 1465 C Street 3307 Sold 2 bd · 2 ba · 1,061 sqft · $485 · 0.0 mi | $515,000 | 2 | 2 | 1,061 | $485 | 0.0 mi |
B 1465 C St 3509 Sold 2 bd · 2 ba · 1,013 sqft · $489 · 0.0 mi | $495,000 | 2 | 2 | 1,013 | $489 | 0.0 mi |
C 875 G Street 502 Sold 2 bd · 2 ba · 1,018 sqft · $614 · 0.4 mi | $625,000 | 2 | 2 | 1,018 | $614 | 0.4 mi |
D 801 Ash St 402 Sold 2 bd · 2 ba · 1,156 sqft · $454 · 0.4 mi | $525,000 | 2 | 2 | 1,156 | $454 | 0.4 mi |
E 1400 Broadway 1202 Sold 1 bd · 1 ba · 734 sqft · $548 · 0.0 mi | $402,000 | 1 | 1 | 734 | $548 | 0.0 mi |
F 253 10th Avenue 1104 Sold 1 bd · 1 ba · 1,065 sqft · $615 · 0.6 mi | $655,000 | 1 | 1 | 1,065 | $615 | 0.6 mi |
G 206 Park Boulevard 501 Sold 1 bd · 1 ba · 881 sqft · $467 · 0.6 mi | $411,000 | 1 | 1 | 881 | $467 | 0.6 mi |
H 1080 Park Blvd 807 Sold 2 bd · 2 ba · 1,037 sqft · $482 · 0.2 mi | $500,000 | 2 | 2 | 1,037 | $482 | 0.2 mi |
I 1400 Broadway 1101 Active 2 bd · 2 ba · 1,077 sqft · $556 · 0.0 mi | $599,000 List Price | 2 | 2 | 1,077 | $556 | 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.
Although built in 2004, the property has undergone extensive recent renovations within the last 2 years, including new engineered hardwood flooring (2024), new carpet (2024), and a full A/C replacement (2025). With upgraded kitchen cabinetry and fresh interior paint, the unit is in mint, move-in-ready condition with modernized systems.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Modern Upgrades
The residence features significant recent improvements including 2024 engineered hardwood flooring, new carpets, and a 2025 A/C replacement, ensuring move-in readiness and reduced immediate maintenance costs.
- Exceptional Urban Connectivity
Situated in the heart of Downtown San Diego, the property offers premier walkability to the Gaslamp Quarter, Petco Park, and diverse dining, making it ideal for those seeking a vibrant city lifestyle.
- Rare Downtown Parking & Storage
The inclusion of two secure garage parking spaces and a private storage locker provides a high level of convenience and utility rarely found in dense urban residential settings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =49176, other record lot size in square feet = 49256.
- High Monthly Carrying Costs
The association fee of $833 per month is relatively high for the square footage, which may impact overall monthly affordability and debt-to-income ratios for prospective buyers.
- Limited Historical Appreciation
With a current list price nearly identical to its 2021 sale price of $511,000, the property has shown minimal capital appreciation over the last several years compared to broader market trends.
About 1480 Broadway 2224
Discover the best of Downtown San Diego living in this bright and spacious 2-bedroom, 2-bath residence in the highly sought-after gated Union Square community. Offering 1,084 sq. ft. of thoughtfully designed living space, this inviting home combines comfort, style, and convenience with abundant natural light, large windows, and a private south-facing balcony—an ideal spot to relax and enjoy San Diego’s year-round sunshine. The well-designed floor plan offers a generously sized Primary Suite with a custom-organized walk-in closet, upgraded kitchen cabinetry, and comfortable living and dining areas ideal for everyday living and entertaining. Rich 2024 engineered hardwood flooring in an elegant teak finish adds warmth and sophistication throughout, complemented by fresh interior paint. A 2025 A/C replacement and 2024 carpet replacement provide modern comfort and added peace of mind. A private storage locker adds convenience and functionality, while two assigned garage parking spaces provide secure and convenient parking. Union Square residents enjoy resort-style amenities including a fitness center, spa, saunas, community room, and EV charging stations. Ideally located in the heart of Downtown San Diego, just steps from shopping, dining, the Gaslamp Quarter, Seaport Village, Petco Park, and San Diego City College. Minutes from Balboa Park, Little Italy, Coronado, and San Diego International Airport, this home offers the perfect blend of comfort, convenience, and vibrant urban living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- 49,176 Sq. Ft.
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 | 1,084 | 1,018.142 |
| Lot Size | 49,176 | 75,257.211 |
| Price | $513.0K | $598.4K |
| Price per sq ft | $473 | $607 |
| Built year | 2004 | 1986 |
| HOA | $833.0 | $536 |
| Days on market | 24 | 58 |
Pricing History
Listed for Sale
Oct 1, 2026
$513,000
Initial Listing
Sold
Apr 23, 2021
$511,000
Public Record
Sold
May 17, 2018
$435,500
Public Record
Sold
Jun 23, 2004
$301,500
Public Record