2400 5th Ave 329, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
2400 5th Ave 329
San Diego, California 92101
Property Price
SUMMARY
Analysis of 2400 5th Ave 329, San Diego, California 92101 is currently available with a list price of $625,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2003, this condo has undergone extensive and high-quality renovations. The kitchen features modern, custom cabinetry, quartz countertops, a subway tile backsplash, and new-looking stainless steel appliances (including a Bosch dishwasher and GE double oven range). The bathroom is equally updated with a modern floating vanity, vessel sink, mosaic tile backsplash, and a contemporary shower with new tiling and fixtures. LVP flooring is installed throughout the unit, appearing pristine. The overall aesthetic is current and virtually new, indicating a recent, comprehensive renovation that meets current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the desirable Bankers Hill neighborhood, just one block from Balboa Park, a short walk to downtown, and less than 10 minutes from San Diego International Airport, offering unparalleled access to urban amenities and transportation.
- Modern Upgrades & Finishes
The condo boasts a beautifully upgraded interior, including a custom kitchen with quartz counters, LVP flooring throughout, custom closet designs, and a large bathroom with custom fixtures and ample storage, ensuring a move-in ready experience.
- Balboa Park Views & Balcony Access
Enjoy direct views of the famous Balboa Park from the unit, with convenient balcony access from both the living room and bedroom, providing a serene outdoor space to watch the sunrise.
CONSRISKS & DEFICIENCIES
- High Association Fee
The monthly association fee of $750.0 is substantial and will significantly add to the overall cost of ownership, which could be a deterrent for some buyers.
- Limited Bedroom Count
As a 1-bedroom, 1-bathroom unit, its appeal is primarily limited to single occupants or couples, potentially narrowing the pool of prospective buyers compared to properties with more bedrooms.
- Condo Living Constraints
Being a condominium in a dense urban environment, residents may experience shared wall noise and are subject to HOA rules and regulations, which can limit personal freedoms compared to a detached home.
About 2400 5th Ave 329
Welcome to Laurel Bay in the heart of Bankers Hill. This beautifully upgraded condo comes with a custom kitchen with quartz counters, LVP flooring throughout, and views of the famous Balboa Park. The bedroom features a beautiful custom closet that was thoughtfully designed to utilize as much space as possible. The large bathroom features custom fixtures and ample storage. With access to the balcony from both the living room and bedroom, it would be the perfect place to watch the sun rise over the park every morning. Just one block from Balboa Park, a short walk to downtown, less than 10 minutes to San Diego International Airport and situated between Downtown, Little Italy, Mission Hills and Hillcrest, the neighborhood offers everything urban living has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $750.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 43% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 801 | 1,094 | 28% |
| Lot Size | - | - | 50% |
| Price | $625.0K | $725.0K | 41% |
| Price per sq ft | $780 | $696 | 69% |
| Built year | 2003 | 2004 | 38% |
| HOA | $750.0 | $828 | 39% |
| Days on market | 44 | 180 | 7% |
Pricing History
Listed for Sale
Jan 22, 2026
$625,000
Initial Listing