2605 Pico Pl 215, San Diego, California 92109, San Diego, 92109 - 1 bed, 1 bath
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2605 Pico Pl 215
San Diego, California 92109
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
625Sq Ft
0Lot Size
Property Price
LIST PRICE$479,000
EST. MARKET VALUE
$497,019
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $479,000—positioned well below the $497,019 Fair Market Value by 3%. This valuation gap offers $18,019 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a modern open kitchen and private balcony with park-like views, the unit provides a move-in ready lifestyle. Located in Pacific Beach near top-rated schools like Crown Point Jr Music Academy, this is an ideal acquisition for first-time buyers or Owner-Occupants seeking a coastal residence.
Estimated Market Value
$497,019+$18,019 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2605 Pico Pl 215 Subject 1 bd · 1 ba · 625 sqft · $795 | $479,000* List Price | 1 | 1 | 625 | $795 | - |
A 4647 Pico Street 100 Sold 1 bd · 1 ba · 625 sqft · $832 · 0.0 mi | $520,000 | 1 | 1 | 625 | $832 | 0.0 mi |
B 1855 Diamond Street 126 Sold 1 bd · 1 ba · 653 sqft · $551 · 0.9 mi | $360,000 | 1 | 1 | 653 | $551 | 0.9 mi |
C 1801 Diamond St Sold 1 bd · 1 ba · 678 sqft · $737 · 0.9 mi | $500,000 | 1 | 1 | 678 | $737 | 0.9 mi |
D 4404 Bond St. C Sold 1 bd · 1 ba · 595 sqft · $672 · 0.3 mi | $399,900 | 1 | 1 | 595 | $672 | 0.3 mi |
E 4750 Noyes St 204 Sold 2 bd · 1 ba · 800 sqft · $750 · 0.7 mi | $600,000 | 2 | 1 | 800 | $750 | 0.7 mi |
F 1855 Diamond 5-230 Pending 1 bd · 1 ba · 653 sqft · $550 · 0.9 mi | $359,000 List Price | 1 | 1 | 653 | $550 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a recent high-end remodel (likely <5 years) including a modern open kitchen with new stainless steel appliances, quartz countertops, and updated cabinetry. The interior shows mint condition with new luxury vinyl plank flooring and fresh paint throughout. While the structure dates to 1976, the comprehensive interior renovation and move-in ready status meet the criteria for Excellent.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated on a quiet cul-de-sac in Pacific Beach, the property offers a rare blend of tranquility with immediate access to the I-5, local beaches, and major universities like UCSD and USD.
- Modernized Interior & Amenities
This remodeled unit features an open-concept kitchen with new appliances and the highly sought-after convenience of in-unit laundry hookups and a private garage.
- Strong Value Proposition
Positioned as a 'Best Buy' in a high-demand zip code, the property offers an accessible entry-level price point complemented by a relatively low monthly HOA fee.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 625 square feet, the unit's footprint is relatively small, which may limit appeal for buyers requiring significant storage or a dedicated home office area.
- Lack of Existing Air Conditioning
The property currently lacks a cooling system; although the HOA allows split units and the seller is open to negotiation, it remains an immediate functional deficiency.
About 2605 Pico Pl 215
Best Buy in Pacific Beach!!! Remodeled large condo with tranquil park-like views off private balcony. Garage, W/D hook ups in the unit. Lots of extra parking. Huge living room, dining area, breakfast bar, and open kitchen all new appliances. Large bedroom lots of closet space, bright. AC/Split units allowed by HOA per conversation. Tucked away at the end of a quiet cul-de-sac. Community Pool feet away. Easy access to the 5 HWY, Bike to bay, beaches, shopping, restaurants and nightlife, UCSD or USD.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $340.0 / Month
Neighborhood Insights
San Diego Unified Schools
Crown Point Jr Music Academy
Grades K-5 • 1.4 mi
7/10
Pacific Beach Middle School
Grades 6-8 • 1.2 mi
6/10
Mission Bay High School
Grades 9-12 • 0.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 625 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $479.0K | $598.4K |
| Price per sq ft | $766 | $607 |
| Built year | 1976 | 1986 |
| HOA | $340.0 | $536 |
| Days on market | 13 | 58 |
Pricing History
Listed for Sale
Oct 12, 2026
$479,000
Initial Listing