
San Diego, California 92103
This Mid-Century Modern Condo is a High-Potential Investment Opportunity, listed at $829,950—positioned well below the $855,997 Fair Market Value by 3%. This valuation gap offers $26,047 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen and Panoramic Skyline Views. With the rare Mills Act tax benefit and proximity to Top-Rated Schools like Florence Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking urban luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3535 1st Ave 5a Subject | $829,950* List Price | 2 | 2 | 1,470 | $582 | - |
A 140 Walnut Avenue 4b Sold | $585,000 | 2 | 2 | 1,158 | $505 | 0.0 mi |
B 2620 2nd Avenue #8a Sold | $770,000 | 2 | 2 | 1,327 | $580 | 0.7 mi |
C 3650 5th Ave 602 Sold | $880,000 | 2 | 2 | 1,586 | $555 | 0.2 mi |
D 2620 2nd Ave 7a Sold | $779,000 | 2 | 2 | 1,327 | $587 | 0.7 mi |
E 3634 7th Avenue 8e Sold | $875,000 | 3 | 2 | 1,517 | $577 | 0.3 mi |
F 3825 Centre 24 Sold | $670,000 | 2 | 2 | 999 | $671 | 1.0 mi |
G 3435 Reynard B Sold | $724,000 | 2 | 3 | 1,199 | $604 | 0.3 mi |
H 3635 7th Ave 6c Sold | $700,000 | 2 | 2 | 1,056 | $663 | 0.3 mi |
I 3535 1st Ave Unit 4D Active | $875,000 List Price | 2 | 2 | 1,549 | $565 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1973, the unit features a well-maintained renovation likely completed 10-15 years ago. The kitchen is functional with granite countertops and stainless steel appliances, and the overall condition is move-in ready with no immediate maintenance or safety defects visible.
The property qualifies for the Mills Act, a rare and highly valuable historic preservation program that provides significant property tax reductions for the owner.
Floor-to-ceiling glass windows throughout the unit offer sweeping, unobstructed views of the San Diego skyline and Balboa Park treetops, maximizing natural light.
Situated in one of San Diego's most prestigious neighborhoods, the property offers exceptional walkability to Balboa Park, Little Italy, and elite dining options.
The monthly HOA fee of $1,525 is considerably high, which may impact the overall affordability and appeal for some buyers despite the tax savings.
Constructed in 1973, the building may lack the modern energy-efficient infrastructure and contemporary amenities found in newer luxury high-rise developments.
Welcome to Century Plaza Towers — one of San Diego's most iconic mid-century modern residences, ideally situated in prestigious Bankers Hill with easy access to Balboa Park, Little Italy, and the best of Hillcrest dining and shopping. This spacious upper-floor condo offers sweeping city and treetop views from nearly every room, thanks to floor-to-ceiling glass windows that flood the open living space with natural light. Step out onto your private balcony and soak in San Diego's skyline and year-round sunshine. The kitchen features warm wood cabinetry, dark granite countertops, and stainless steel appliances, flowing seamlessly into a glass-wrapped dining area with panoramic views. Both bedrooms are generously sized, with large sliding windows framing gorgeous city vistas. A private in-unit laundry room adds everyday convenience, while a built-in wet bar with wine cooler brings a refined touch to entertaining. A rare bonus for buyers: this residence qualifies for the Mills Act, San Diego's historic preservation program that significantly reduces property taxes for owners of qualifying historic homes a valuable, money-saving benefit that's increasingly hard to find in San Diego's condo market. With a beautifully appointed lobby, secure entry, and an unbeatable location just minutes from Balboa Park, the San Diego Zoo, and major freeways, this is urban San Diego living and smart ownership at its finest.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,470 | 999 |
| Lot Size | 20,769 | 84,697.5 |
| Price | $830.0K | $604.2K |
| Price per sq ft | $565 | $618 |
| Built year | 1973 | 1985 |
| HOA | $1525.0 | $500 |
| Days on market | 15 | 53 |
Jul 7, 2026
$829,950
Initial Listing