1551 4th Ave 801, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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San Diego, California 92101
This Condominium represents a Strong Value Opportunity, listed at $548,000—positioned well below the $512,131 Fair Market Value by -7%. While the property is currently priced above the estimated market value, its Fair Condition Rating and prime Cortez Hill location offer long-term stability. Featuring expansive city and water views and secured building amenities, this residence provides a refined urban lifestyle. It is an ideal acquisition for Buy-and-Hold Investors seeking a stable rental asset or first-time buyers prioritizing downtown convenience and elevated living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1551 4th Ave 801 Subject | $548,000* List Price | 1 | 1 | 758 | $676 | - |
A 1642 7th 325 Sold | $479,000 | 1 | 1 | 761 | $629 | 0.1 mi |
B 1240 India Street 519 Sold | $445,000 | 1 | 1 | 768 | $579 | 0.5 mi |
C 1240 India Street 1004 Sold | $565,000 | 1 | 1 | 724 | $780 | 0.5 mi |
D 425 W W Beech St 1353 Sold | $465,000 | 1 | 1 | 661 | $703 | 0.3 mi |
E 425 W Beech St 1606 Sold | $465,000 | 1 | 1 | 655 | $710 | 0.4 mi |
F 1240 India Street 1205 Sold | $475,000 | 1 | 1 | 680 | $699 | 0.5 mi |
G 300 W Beech St 1305 Sold | $635,000 | 1 | 1 | 706 | $899 | 0.3 mi |
H 889 Date St 304 Sold | $442,000 | 1 | 1 | 619 | $714 | 0.2 mi |
I 1551 4th Avenue 601 Active | $509,000 List Price | 1 | 1 | 758 | $672 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 30 years old (built 1996). While the unit is well-maintained and features updated stainless steel appliances, the kitchen cabinetry, granite countertops, and bathroom finishes are dated and reflect the original construction era, placing it in the 'Fair' category for properties over 20 years old needing modernization.
Situated in the peaceful Cortez Hill neighborhood, this unit offers a residential feel with significantly less noise than the urban core while remaining minutes from Little Italy, Balboa Park, and the Gaslamp Quarter.
Perched on the 8th floor, the residence features expansive windows that provide a desirable dual-aspect view of both the San Diego city skyline and the water.
The property includes high-value urban essentials such as secured access, assigned parking, a fitness center, and a business center, enhancing the lifestyle for professionals and commuters.
The association fee of $777.98 per month is relatively high for a one-bedroom unit, which may impact the overall monthly carrying costs and buyer affordability.
The current list price of $548,000 is significantly lower than the previous 2022 sale price of $622,000, indicating a notable correction in the unit's market value over the last few years.
Seller willing to gie a credit 10 month hoa credit with a responable offer. Welcome to Unit 801 at Solara Lofts, a beautifully maintained 1-bedroom, 1-bath residence located in the peaceful Cortez Hill neighborhood of Downtown San Diego. Perched on the 8th floor, this bright and inviting home features an open-concept layout, expansive windows, city views, and water views that create a beautiful downtown backdrop. The spacious living area flows seamlessly into the kitchen, offering a comfortable setting for everyday living, entertaining, or relaxing after a long day. The generously sized bedroom provides privacy and comfort, while the well-appointed bathroom and in-unit laundry add everyday convenience. Cortez Hill offers the best of both worlds: downtown living without the downtown noise. Enjoy a more residential, elevated feel while still being minutes from Bankers Hill, Little Italy, the Gaslamp Quarter, Petco Park, the waterfront, Balboa Park, dining, shopping, and major freeways. Residents of Solara Lofts enjoy secured access, assigned parking, a fitness center, community lounge, and business center. Whether you’re a first-time buyer, investor, or searching for a downtown retreat, Unit 801 offers comfort, convenience, views, and a prime location in one of Downtown San Diego’s most established neighborhoods.
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 | 758 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $548.0K | $604.2K |
| Price per sq ft | $723 | $618 |
| Built year | 1996 | 1985 |
| HOA | $777.98 | $500 |
| Days on market | 30 | 53 |
Jun 22, 2026
$548,000
Initial Listing
Feb 22, 2022
$622,000
Public Record
Feb 8, 2018
$485,000
Public Record
Feb 17, 2011
$350,000
Public Record