1551 4th Ave 504, San Diego, California 92101, San Diego, 92101 - 0 bed, 1 bath
Loading property details...
San Diego, California 92101
This Modern Urban Studio represents a Strong Value Opportunity, listed at $389,000—positioned above the $372,667 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating and offers a turnkey lifestyle with floor-to-ceiling city views, gas cooking, and a built-in Murphy bed. Located in the heart of San Diego between Cortez Hill and Little Italy, this unit provides exceptional walkability and unique building amenities like an indoor racquetball court. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a vibrant downtown residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1551 4th Ave 504 Subject | $369,000* List Price | 0 | 1 | 523 | $676 | - |
A 889 Date St 304 Sold | $442,000 | 1 | 1 | 619 | $714 | 0.2 mi |
B 425 W W Beech St 1353 Sold | $465,000 | 1 | 1 | 661 | $703 | 0.3 mi |
C 425 W Beech St 1606 Sold | $465,000 | 1 | 1 | 655 | $710 | 0.4 mi |
D 1514 7th Avenue 404 Sold | $399,000 | 1 | 1 | 672 | $594 | 0.1 mi |
E 1435 India St #406 Sold | $445,000 | 1 | 1 | 728 | $611 | 0.4 mi |
F 1240 India Street 1205 Sold | $475,000 | 1 | 1 | 680 | $699 | 0.5 mi |
G 1080 Park Blvd 303 Sold | $320,000 | 1 | 1 | 618 | $518 | 0.5 mi |
H 1080 Park Blvd 309 Sold | $269,000 | 0 | 1 | 472 | $570 | 0.5 mi |
I 1501 Front Street 613 Active | $449,000 List Price | 1 | 1 | 555 | $809 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996, the property is approximately 28 years old but presents in well-maintained, move-in ready condition. The kitchen features updated stainless steel appliances and functional cabinetry, while the living area boasts modern flooring and floor-to-ceiling windows. It avoids a 'Fair' rating as it does not appear dated or in need of immediate repairs.
Perfectly situated between Cortez Hill and Little Italy, this property offers exceptional walkability to San Diego's premier dining, the Mercato farmers market, and Balboa Park.
The building features rare downtown perks including the only indoor racquetball court in a residential complex, secured guest parking, and a comprehensive wellness suite with a sauna and massage rooms.
The unit maximizes its footprint with floor-to-ceiling city views, rare gas cooking, and a built-in Murphy bed, complemented by a high-value incentive of no HOA fees for the first 12 months.
The monthly HOA fee of $762.11 is relatively high for a 523-square-foot studio, which may impact long-term affordability and investor cap rates once the initial incentive period ends.
With only 523 square feet of total space, the studio layout offers limited flexibility for residents requiring distinct separation between living, working, and sleeping areas.
NEW PRICE! MOTIVATED SELLER – PRICED TO SELL ASAP! Fresh off a $20,000 price reduction, this is officially downtown’s best value opportunity. Perfectly positioned between the historic charm of Cortez Hill and the vibrant culinary scene of Little Italy, this sleek, modern studio at Solara Lofts is the epitome of functional city living. The versatile, open-concept floor plan lives much larger than its footprint, featuring floor-to-ceiling windows with expansive city views, a rare gas cooking range (a true downtown luxury), and a built-in Murphy bed that seamlessly transitions the space from a bright daytime office to a cozy evening retreat. To make your move entirely effortless, this unit can be sold fully furnished and comes complete with an in-unit washer/dryer, dedicated storage, and assigned parking. What truly sets Solara Lofts apart is its resort-style wellness suite. Enjoy a fully equipped fitness center, soothing sauna, private massage rooms, and the only indoor racquetball court in a downtown residential building. When hosting, the community lounge offers pool tables and the rarest find of all, secured guest parking for your visitors. Whether you’re a first-time buyer looking for a stylish primary residence or an investor seeking a high-demand turnkey property near the Mercato farmers market and Balboa Park, this unit delivers. Walk to San Diego’s best dining, grab a coffee in the Piazza della Famiglia, and bring your offers today before this newly priced gem is gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 523 | 999 |
| Lot Size | 15,034 | 84,697.5 |
| Price | $369.0K | $604.2K |
| Price per sq ft | $706 | $618 |
| Built year | 1996 | 1985 |
| HOA | $762.11 | $500 |
| Days on market | 33 | 53 |
Jul 18, 2026
$369,000
$389,000
-5% Price Drop
Initial Listing
Jun 19, 2026
$389,000
Initial Listing
Feb 25, 2021
$280,000
Public Record
Dec 3, 2009
$250,000
Public Record