
San Diego, California 92101
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $528,000—positioned well above the $490,543 Fair Market Value by 7%. While the list price exceeds the current valuation, the seller is offering a 10-month HOA credit to offset carrying costs. Featuring a Good Condition Rating, expansive city and water views, and a prime Cortez Hill location, this unit offers a refined urban lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready downtown retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1551 4th Ave 801 Subject 1 bd · 1 ba · 758 sqft · $647 | $528,000* List Price | 1 | 1 | 758 | $647 | - |
A 425 W Beech Street Sold 1 bd · 1 ba · 760 sqft · $604 · 0.4 mi | $459,000 | 1 | 1 | 760 | $604 | 0.4 mi |
B 1435 India St #406 Sold 1 bd · 1 ba · 728 sqft · $611 · 0.4 mi | $445,000 | 1 | 1 | 728 | $611 | 0.4 mi |
C 1642 7th 325 Sold 1 bd · 1 ba · 761 sqft · $629 · 0.1 mi | $479,000 | 1 | 1 | 761 | $629 | 0.1 mi |
D 1580 Union St 407 Sold 1 bd · 1 ba · 673 sqft · $753 · 0.3 mi | $507,000 | 1 | 1 | 673 | $753 | 0.3 mi |
E 889 Date St 140 Sold 1 bd · 1 ba · 671 sqft · $618 · 0.2 mi | $415,000 | 1 | 1 | 671 | $618 | 0.2 mi |
F 425 W Beech St 1606 Sold 1 bd · 1 ba · 655 sqft · $710 · 0.4 mi | $465,000 | 1 | 1 | 655 | $710 | 0.4 mi |
G 425 W Beech St 107 Sold 1 bd · 1 ba · 628 sqft · $693 · 0.4 mi | $435,000 | 1 | 1 | 628 | $693 | 0.4 mi |
H 1080 Park Blvd 211 Sold 2 bd · 1 ba · 731 sqft · $595 · 0.5 mi | $435,000 | 2 | 1 | 731 | $595 | 0.5 mi |
I 1551 4th Avenue 601 Active 1 bd · 1 ba · 758 sqft · $607 · 0.0 mi | $460,000 List Price | 1 | 1 | 758 | $607 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996 (30 years old), the property presents in well-maintained, move-in ready condition. The kitchen features updated stainless steel appliances and granite countertops, and the unit includes modern stackable laundry. While the building age exceeds 20 years, the interior updates and overall maintenance align with the 'Good' criteria.
Situated in the desirable Cortez Hill neighborhood, the property offers a quiet residential atmosphere while remaining minutes away from Little Italy, Balboa Park, and the Gaslamp Quarter.
Located on the 8th floor, the unit features expansive windows that provide impressive city and water views, significantly enhancing the living experience and aesthetic appeal.
The seller is offering a 10-month HOA credit with a reasonable offer, providing significant immediate savings for the buyer and offsetting initial carrying costs.
The monthly HOA fee of $778 is relatively high for a one-bedroom unit of this size, which may impact the overall affordability and debt-to-income ratio for some buyers.
The current list price of $528,000 is significantly lower than the 2022 sale price of $622,000, indicating a notable decline in market value or equity for this specific unit.
Seller willing to give 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 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $528.0K | $598.4K |
| Price per sq ft | $697 | $607 |
| Built year | 1996 | 1986 |
| HOA | $778.0 | $536 |
| Days on market | 39 | 58 |
Sep 16, 2026
$528,000
Initial Listing
Feb 22, 2022
$622,000
Public Record
Feb 8, 2018
$485,000
Public Record
Feb 17, 2011
$350,000
Public Record