
San Diego, California 92101
This property presents a High-Potential Investment Opportunity with a List Price of $599,900—positioned well above the $588,872 Fair Market Value by -1.8%. Featuring a Condition Rating of 4, this unit offers a prime Little Italy location with dual private balconies and resort-style amenities like a pool and fitness center. While the high HOA fees require careful financial planning, the property’s walkability and natural light provide strong rental appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 W Beech 204 Subject 2 bd · 2 ba · 995 sqft · $548 | $545,000* List Price | 2 | 2 | 995 | $548 | - |
A 1970 Columbia Street 310 Sold 2 bd · 2 ba · 828 sqft · $652 · 0.3 mi | $540,000 | 2 | 2 | 828 | $652 | 0.3 mi |
B 1601 India St 116 Sold 2 bd · 2 ba · 932 sqft · $544 · 0.1 mi | $507,000 | 2 | 2 | 932 | $544 | 0.1 mi |
C 1970 Columbia St 513 Sold 2 bd · 2 ba · 911 sqft · $593 · 0.3 mi | $540,000 | 2 | 2 | 911 | $593 | 0.3 mi |
D 425 W Beech Street Sold 1 bd · 1 ba · 760 sqft · $604 · 0.0 mi | $459,000 | 1 | 1 | 760 | $604 | 0.0 mi |
E 1551 4th Ave 409 Sold 1 bd · 1 ba · 978 sqft · $562 · 0.4 mi | $550,000 | 1 | 1 | 978 | $562 | 0.4 mi |
F 425 W Beech St 805 Sold 2 bd · 2 ba · 987 sqft · $522 | $515,000 | 2 | 2 | 987 | $522 | - |
G 425 W Beech Sold 2 bd · 2 ba · 914 sqft · $640 | $585,000 | 2 | 2 | 914 | $640 | - |
H 425 W Beech Street 303 Sold 2 bd · 2 ba · 1,069 sqft · $585 | $625,000 | 2 | 2 | 1,069 | $585 | - |
I 1601 India St. 111 Active 2 bd · 2 ba · 935 sqft · $694 · 0.1 mi | $649,000 List Price | 2 | 2 | 935 | $694 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this 22-year-old unit features original finishes including dated light wood cabinetry and white appliances. While well-maintained and functional, it exceeds the 20-year threshold for 'Good' and requires cosmetic updates to the kitchen and baths to meet modern standards.
Situated in the heart of Little Italy, this property offers exceptional walkability to San Diego Bay and world-class dining, making it a highly desirable location for urban professionals.
The unit features two private balconies, including an oversized main terrace suitable for an outdoor sectional, providing rare and functional outdoor space for a downtown condominium.
Floor-to-ceiling windows in the living room and both bedrooms maximize natural light exposure, creating a bright and airy atmosphere that enhances the 995-square-foot layout.
The monthly association fee of $990 is significantly high for a sub-1,000-square-foot unit, which may impact buyer affordability and overall investment yield.
With 79 days on the market and a recent $50,000 price reduction, the property is experiencing extended market time, suggesting potential challenges with initial pricing or competition.
Spacious two-bedroom, two-bathroom residence in Acqua Vista, ideally located in the heart of Little Italy just blocks from San Diego Bay. This second-floor unit features an open-concept floor plan and two private balconies, including a generously sized balcony off the living room with ample space for an outdoor sectional—perfect for relaxing or entertaining. A second private balcony is accessed from the secondary bedroom. Floor-to-ceiling windows in the living room and both bedrooms fill the home with abundant natural light, creating a bright and inviting atmosphere throughout. Additional conveniences include in-unit laundry and a well-designed layout that maximizes comfort and functionality. Residents of Acqua Vista enjoy resort-style amenities, including a fitness center, an eighth-floor pool deck with panoramic views, spa, and BBQ areas.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 995 | 1,018.142 |
| Lot Size | 59,910 | 75,257.211 |
| Price | $545.0K | $598.4K |
| Price per sq ft | $548 | $607 |
| Built year | 2004 | 1986 |
| HOA | $990.0 | $536 |
| Days on market | 130 | 58 |
Oct 12, 2026
$545,000
$575,000
-5% Price Drop
Initial Listing
Sep 25, 2026
$575,000
$599,900
-4% Price Drop
Initial Listing
Jul 9, 2026
$599,900
$649,900
-8% Price Drop
Initial Listing
Jun 17, 2026
$649,900
Initial Listing
Mar 18, 2005
$469,000
Public Record