
San Diego, California 92101
This Turnkey Condominium is a Strong Value Opportunity, listed at $519,000—positioned well above the $496,617 Fair Market Value by -4%. Featuring an Excellent Condition Rating, this unit offers a modern lifestyle with Granite Kitchen finishes, Central A/C, and City Lights Views. Residents enjoy premium amenities including a Pool and Spa. Located in the heart of Downtown San Diego, this property provides a seamless urban experience, making it an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1501 Front Street 206 Subject 1 bd · 1 ba · 781 sqft · $636 | $519,000* List Price | 1 | 1 | 781 | $636 | - |
A 1580 Union St 407 Sold 1 bd · 1 ba · 673 sqft · $753 · 0.1 mi | $507,000 | 1 | 1 | 673 | $753 | 0.1 mi |
B 425 W Beech Street Sold 1 bd · 1 ba · 760 sqft · $604 · 0.2 mi | $459,000 | 1 | 1 | 760 | $604 | 0.2 mi |
C 425 W Beech St 107 Sold 1 bd · 1 ba · 628 sqft · $693 · 0.2 mi | $435,000 | 1 | 1 | 628 | $693 | 0.2 mi |
D 889 Date St 140 Sold 1 bd · 1 ba · 671 sqft · $618 · 0.4 mi | $415,000 | 1 | 1 | 671 | $618 | 0.4 mi |
E 1435 India St #406 Sold 1 bd · 1 ba · 728 sqft · $611 · 0.2 mi | $445,000 | 1 | 1 | 728 | $611 | 0.2 mi |
F 889 Date St. 116 Sold 1 bd · 1 ba · 606 sqft · $693 · 0.4 mi | $420,000 | 1 | 1 | 606 | $693 | 0.4 mi |
G 1642 7th 325 Sold 1 bd · 1 ba · 761 sqft · $629 · 0.3 mi | $479,000 | 1 | 1 | 761 | $629 | 0.3 mi |
H 425 W Beech St 1606 Sold 1 bd · 1 ba · 655 sqft · $710 · 0.2 mi | $465,000 | 1 | 1 | 655 | $710 | 0.2 mi |
I 1501 Front St 338 Pending 1 bd · 1 ba · 721 sqft · $645 · 0.0 mi | $465,000 List Price | 1 | 1 | 721 | $645 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), the property is well-maintained and move-in ready. It features updated flooring, granite countertops, and stainless steel appliances that likely fall within the 5-15 year renovation window. Systems including central A/C and in-unit laundry are functional, and the interior shows no immediate need for repairs.
Situated in the Palermo building near Little Italy and the waterfront, this property offers exceptional walkability to San Diego's premier dining, coffee shops, and entertainment hubs.
The community provides a high-end lifestyle with access to a pool, spa, fitness center, clubhouse, and billiards room, offering significant value beyond the individual unit.
The unit is move-in ready with desirable upgrades including granite countertops, stainless steel appliances, updated flooring, and the essential convenience of central A/C and in-unit laundry.
The association fee of $533 per month is a significant recurring cost that may impact the debt-to-income ratio for budget-conscious buyers.
At 781 square feet with a single bedroom, the property offers limited flexibility for buyers requiring a dedicated home office or guest space.
Bright and spacious 1-bedroom, 1-bath condo at Palermo in Downtown San Diego. With 781 sq. ft. of living space, the unit has an open layout, plenty of natural light, large windows with city views, updated flooring, granite countertops, stainless steel appliances, a walk-in closet, central A/C, in-unit washer and dryer, and one assigned parking space.Palermo offers great amenities including a pool and spa with grills and an outdoor fireplace, perfect for relaxing or entertaining. The building also has a fitness center, clubhouse, billiards room, and gated access.The location makes it easy to enjoy Downtown without needing to go far. Little Italy, the waterfront, restaurants, coffee shops, shopping, and public transportation are all nearby, while still having a comfortable place to come home to.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 781 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $519.0K | $598.4K |
| Price per sq ft | $665 | $607 |
| Built year | 2004 | 1986 |
| HOA | $533.0 | $536 |
| Days on market | 24 | 58 |
Oct 1, 2026
$519,000
Initial Listing
Aug 27, 2014
$320,000
Public Record
Oct 20, 2004
$354,000
Public Record