
San Diego, California 92101
This Condominium represents a stable market entry in Bankers Hill, listed at a List Price of $429,900, which aligns closely with its $424,702 Fair Market Value. While the unit maintains a Fair Condition Rating due to its 2003 construction, it offers a functional layout with a private patio and access to resort-style amenities like a pool and fitness center. The property provides a balanced lifestyle for those prioritizing proximity to Balboa Park. This is an ideal acquisition for first-time buyers or urban professionals seeking a low-maintenance residence in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2400 5th Ave 203 Subject | $429,900* List Price | 0 | 1 | 600 | $708 | - |
A 1970 Columbia St 301 Sold | $440,000 | 1 | 1 | 585 | $752 | 0.6 mi |
B 1970 Columbia St 400 Sold | $399,000 | 1 | 1 | 459 | $869 | 0.6 mi |
C 425 W Beech St 107 Sold | $435,000 | 1 | 1 | 628 | $693 | 0.8 mi |
D 1580 Union St 407 Sold | $507,000 | 1 | 1 | 673 | $753 | 0.7 mi |
E 425 W Beech St 1606 Sold | $465,000 | 1 | 1 | 655 | $710 | 0.8 mi |
F 1970 Columbia Street 310 Sold | $540,000 | 2 | 2 | 828 | $652 | 0.6 mi |
G 425 W W Beech St 1353 Sold | $465,000 | 1 | 1 | 661 | $703 | 0.7 mi |
H 889 Date St 304 Sold | $442,000 | 1 | 1 | 619 | $714 | 0.6 mi |
I 1501 Front Street 613 Active | $399,000 List Price | 1 | 1 | 555 | $719 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003 (23 years old), the property falls into the Fair category based on age. While the unit is well-maintained and move-in ready with updated flooring and stainless steel appliances, the kitchen cabinetry and overall aesthetic remain dated to the original construction period.
Situated just steps from Balboa Park and the Cabrillo Bridge, this property offers an exceptional urban lifestyle with immediate access to world-class dining, shopping, and cultural landmarks.
The Laurel Bay community provides a comprehensive amenity package including a pool, hot tub, fitness center, and reserved parking, which are highly desirable features in a dense urban environment.
The unit features a thoughtfully designed floor plan with a distinct separation between living and sleeping areas, a walk-in closet, and a private patio, maximizing the utility and comfort of the square footage.
The monthly HOA fee of $750 is relatively high for a 600-square-foot unit, which significantly increases the total monthly carrying costs for a prospective buyer.
At only 600 square feet, the compact size of the unit may limit its appeal to buyers seeking more spacious living areas or dedicated home office space.
Step into one of Bankers Hill’s best-kept secrets—where location, lifestyle, and comfort come together in all the right ways. Welcome to Laurel Bay at 2400 5th Avenue, just moments from Balboa Park, Marston Point, and the iconic Cabrillo Bridge. This is more than a home—it’s your front-row seat to some of San Diego’s most beautiful and vibrant surroundings. Inside, the thoughtfully designed layout gives you space where it matters most, including a distinct separation between living and sleeping areas—perfect for both relaxing and entertaining. Natural light pours through a large bay window, creating a warm, inviting atmosphere, while the cozy fireplace adds the perfect touch for cooler evenings. The kitchen features a convenient eat-at counter, ideal for casual dining or hosting friends, and the in-unit washer and dryer make everyday living effortless. You’ll also enjoy a spacious walk-in closet and your own private patio overlooking the community pool—a peaceful retreat right at home. And it doesn’t stop there. Laurel Bay offers resort-style amenities including a pool, hot tub, fitness center, BBQ area, and game room—all in a beautifully maintained community. Plus, you’ll have the convenience of reserved parking in one of San Diego’s most desirable neighborhoods. Live steps from world-class dining, shopping, and culture—this is urban living without compromise. Opportunities like this in Bankers Hill don’t last.
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 | 600 | 1,002.307 |
| Lot Size | 60,175 | 75,574.68 |
| Price | $429.9K | $596.0K |
| Price per sq ft | $716 | $612 |
| Built year | 2003 | 1985 |
| HOA | $750.0 | $529 |
| Days on market | 7 | 55 |
Sep 2, 2026
$429,900
Initial Listing
May 14, 2010
$220,000
Public Record
Sep 23, 2005
$340,000
Public Record