1501 Front Street 613, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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San Diego, California 92101
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $499,000—positioned well above the $454,721 Fair Market Value by 9%. While priced at a premium, the property features a Condition Rating of 3, offering a turnkey lifestyle with vaulted ceilings, central air, and resort-caliber amenities like a pool and spa. Located in the heart of Little Italy, this unit provides exceptional urban walkability. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a vibrant, low-maintenance city retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1501 Front Street 613 Subject | $499,000* List Price | 1 | 1 | 555 | $819 | - |
A 425 W W Beech St 1353 Sold | $465,000 | 1 | 1 | 661 | $703 | 0.5 mi |
B 300 W Beech St 1305 Sold | $635,000 | 1 | 1 | 706 | $899 | 0.1 mi |
C 300 W Beech St 1105 Sold | $580,000 | 1 | 1 | 706 | $822 | 0.1 mi |
D 1240 India Street 1004 Sold | $565,000 | 1 | 1 | 724 | $780 | 0.3 mi |
E 1431 Pacific Highway 702 Sold | $475,000 | 1 | 1 | 615 | $772 | 0.4 mi |
F 1262 Kettner Blvd 503 Sold | $360,000 | 1 | 1 | 505 | $713 | 0.4 mi |
G 1501 Front St 340 Active | $559,000 List Price | 1 | 1 | 721 | $775 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (20 years old), the property is well-maintained and move-in ready. While the kitchen cabinetry and white appliances are dated, they remain functional. The unit features updated flooring and central HVAC, meeting the criteria for a 10-20 year old functional home.
The top-floor location combined with rare vaulted ceilings and expansive walls of windows creates an airy, sun-drenched atmosphere that significantly enhances the perceived space of this studio.
Situated in the highly desirable Little Italy/Downtown area, the property offers exceptional walkability to world-class dining, the waterfront, and major shopping hubs.
The Palermo community provides high-end amenities including a pool, spa, fitness center, and clubhouse, offering a luxury lifestyle experience and added value for residents.
The monthly association fee of $700 is relatively high for a studio unit, which may impact the overall affordability and monthly budget for potential buyers.
With only 555 square feet of studio space, the property offers a limited footprint and lacks a private bedroom, which may restrict its appeal to a specific niche of single occupants or investors.
Perched on the top floor of the sought-after Palermo community, this stunning studio offers a rare combination of soaring vaulted ceilings and sun-drenched interiors that set it apart from anything else at this price point. Walls of windows flood the open-concept layout with natural light throughout the day, creating an airy, expansive feel that far exceeds the typical studio experience. The thoughtfully designed interior features a well-appointed kitchen with generous cabinetry and counter space, in-unit washer and dryer for everyday convenience, and central air conditioning to keep you comfortable year-round. Every detail has been carefully maintained, making this a true move-in-ready opportunity. Step outside and you're immediately immersed in one of San Diego's most vibrant and walkable neighborhoods. Little Italy's renowned restaurant row, the Downtown core, world-class shopping, and the sparkling waterfront are all just minutes away — whether you're on foot, bike, or a quick drive. Back home, Palermo's resort-caliber amenities rival those of a luxury hotel: a sparkling pool and spa, state-of-the-art fitness center, elegant clubhouse, and al fresco BBQ areas perfect for entertaining. Secured entry and controlled access provide peace of mind in a community that truly feels like a retreat from the city — without ever being far from it. Opportunities like this — top floor, vaulted ceilings, premium location — don't come around often
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 42% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 555 | 1,103 | 4% |
| Lot Size | - | - | 50% |
| Price | $499.0K | $749.0K | 22% |
| Price per sq ft | $899 | $695 | 80% |
| Built year | 2004 | 2004 | 50% |
| HOA | $700.0 | $897 | 22% |
| Days on market | 26 | 144 | 7% |
May 18, 2026
$499,000
Initial Listing
May 9, 2013
$195,000
Public Record
Apr 1, 2005
$341,500
Public Record
Oct 18, 2004
$287,000
Public Record