425 W Beech Street 223, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
ACTIVE$469,900
425 W Beech Street 223, San Diego, California 92101
1Bed
1Bath
743Sqft
Lot
Price Vs. Estimate
The estimated value ($514,327.06) is $44,427.06 (7%) higher than the list price ($469,900). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Downtown Location: Located in the highly desirable 92101 San Diego Downtown area, offering excellent walkability to urban amenities, entertainment, and employment centers.
Top Cons:
High Association Fee: The monthly association fee of $888.0 is substantial for a 1-bedroom unit, which could significantly impact the overall cost of ownership and buyer affordability.
Compared to the nearby listings
Price:$469.9K vs avg $692.5K ($-222,600)20%
Size:743 sqft vs avg 1,046 sqft28%
Price/sqft:$632 vs avg $69428%
More Insights
Built in 2004 (21 years old).
Condition: The property, built in 2004, is 20 years old. While the description notes 'fresh paint' and 'new flooring' in the main living areas, which appear clean and updated in the images, the kitchen is significantly dated. It features older white appliances, basic light wood cabinets, speckled countertops, and a black and white checkered floor. These elements are functional but clearly outdated in style and likely nearing the end of their aesthetic and practical lifespan. No bathroom images were provided, but typically, if the kitchen is dated, the bathroom may also require updates. The property is move-in ready and maintained, but the kitchen would require substantial updates to meet current quality standards and buyer expectations, aligning with the 'fair' condition criteria of requiring minor updates and showing signs of being outdated.
Year Built
2004
Close
-
List price
$470K
Original List price
$525K
Price/Sqft
$632
HOA
$888
Days on market
-
Sold On
-
MLS number
PTP2505895
Home ConditionFair
Features
Patio
View-
About this home
Beautiful Acqua Vista condominium with its own walk up entry! Fresh paint, new flooring, mirrored closets, stackable W/D in the unit. Additional private patio / courtyard with privacy fence included specifically with this unit which increased the usable space an additional 300 sqft of outdoor private lounging and relaxing. Large master bedroom has 2 closets, bathroom with tub and shower. PROPERY IS VERY EASY TO SHOW
Nearby schools
5/10
Washington Elementary School
Public,•K-5•0.3mi
5/10
Roosevelt International Middle School
Public,•6-8•1.8mi
7/10
Point Loma High School
Public,•9-12•3.7mi
Condition Rating
Fair
The property, built in 2004, is 20 years old. While the description notes 'fresh paint' and 'new flooring' in the main living areas, which appear clean and updated in the images, the kitchen is significantly dated. It features older white appliances, basic light wood cabinets, speckled countertops, and a black and white checkered floor. These elements are functional but clearly outdated in style and likely nearing the end of their aesthetic and practical lifespan. No bathroom images were provided, but typically, if the kitchen is dated, the bathroom may also require updates. The property is move-in ready and maintained, but the kitchen would require substantial updates to meet current quality standards and buyer expectations, aligning with the 'fair' condition criteria of requiring minor updates and showing signs of being outdated.
Pros & Cons
Pros
Prime Downtown Location: Located in the highly desirable 92101 San Diego Downtown area, offering excellent walkability to urban amenities, entertainment, and employment centers.
Exceptional Private Outdoor Space: Features a unique additional private patio/courtyard with a privacy fence, adding 300 sqft of valuable outdoor lounging and relaxing space, a rare find for a condominium.
Recent Updates & Move-in Ready: The unit boasts fresh paint, new flooring, and mirrored closets, presenting a well-maintained and updated interior ready for immediate occupancy.
Convenient In-Unit Amenities: Includes a stackable washer/dryer in the unit and its own walk-up entry, enhancing convenience and privacy for residents.
Competitive Pricing & Value Potential: With multiple price reductions from the original list price and currently listed below the estimated property value, it presents a potentially attractive investment opportunity.
Cons
High Association Fee: The monthly association fee of $888.0 is substantial for a 1-bedroom unit, which could significantly impact the overall cost of ownership and buyer affordability.
Compact Living Space: At 743 sqft, the unit offers relatively compact living quarters, which may be a limiting factor for buyers seeking more expansive indoor space.
Extensive Price Reductions: The property has undergone several price reductions from its original listing, which might suggest initial overpricing or challenges in market absorption at higher price points.