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425 W Beech Street 851, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath

425 W Beech Street 851, San Diego, California 92101 home-pic-0
ACTIVE$699,000$888/sqft
425 W Beech Street 851, San Diego, California 92101
2Beds
2Baths
888Sqft
59,910Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Little Italy Location: Situated in the vibrant heart of Little Italy, offering unparalleled walkability to renowned dining, cafes, the waterfront, art galleries, and the iconic Farmers Market.
Top Cons:
High HOA Fees: The association fee of $813.00 per month is substantial, which could impact the overall affordability and long-term cost of ownership for some buyers.

Compared to the nearby listings

Price:$699.0K vs avg $725.0K ($-26,000)47%
Size:888 sqft vs avg 1,046 sqft35%
Price/sqft:$787 vs avg $70470%

More Insights

Built in 2004 (22 years old).
Condition: Built in 2004, this condo is 20 years old, placing it at the upper end of the 'Good' category for age. The description highlights 'beautifully upgraded' and 'modern finishes,' which is evident in the kitchen with its modern white cabinetry, granite countertops, and stainless steel appliances, all appearing to be in excellent, updated condition. The building itself is also described as 'fully remodeled.' However, the bathrooms, while clean and functional, feature tiled countertops and shower tile that suggest an older renovation or original build aesthetic, rather than being 'virtually new.' The overall property is move-in ready with well-maintained systems and minimal wear, aligning well with the 'Good' rating criteria.
Year Built
2004
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$787
HOA
$813
Days on market
-
Sold On
-
MLS number
PTP2600244
Home ConditionGood
Features
Good View: None
View-

About this home

Step into the vibrant heart of Little Italy with this beautifully upgraded corner residence at Aqua Vista. Perched on the 8th floor, Residence #851 offers 2 bedrooms, 2 bathrooms, and 888 sq ft of light-filled modern living, featuring floor-to-ceiling windows and sweeping city views. Seller is offering Seller Credits to buy down rate. The open-concept layout is designed for comfort and functionality, with in-unit laundry, modern finishes, and abundant natural light throughout. Residents enjoy a fully remodeled building with valet parking, rooftop pool and spa, fitness center, BBQ area, and 24/7 security, all included in the HOA. The unit is currently tenant-occupied and generating $3,000 per month in rental income, with the lease in place through late November, providing immediate cash flow while remaining ideal for future owner-occupants or investors. Located just steps from Little Italy’s renowned dining, cafés, waterfront, art galleries, and the iconic Farmers Market, this home offers both an exceptional lifestyle and a proven income-producing opportunity.

H
Hugo Sarabia
Listing Agent

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

Price History

Date
Event
Price
10/27/20
Sold
$465,000
07/17/08
Sold
$603,000
01/16/07
Sold
$589,000
04/28/06
Sold
$480,000
12/10/04
Sold
$501,000
08/19/04
Sold
$413,500
Condition Rating
Good
Built in 2004, this condo is 20 years old, placing it at the upper end of the 'Good' category for age. The description highlights 'beautifully upgraded' and 'modern finishes,' which is evident in the kitchen with its modern white cabinetry, granite countertops, and stainless steel appliances, all appearing to be in excellent, updated condition. The building itself is also described as 'fully remodeled.' However, the bathrooms, while clean and functional, feature tiled countertops and shower tile that suggest an older renovation or original build aesthetic, rather than being 'virtually new.' The overall property is move-in ready with well-maintained systems and minimal wear, aligning well with the 'Good' rating criteria.
Pros & Cons

Pros

Prime Little Italy Location: Situated in the vibrant heart of Little Italy, offering unparalleled walkability to renowned dining, cafes, the waterfront, art galleries, and the iconic Farmers Market.
Extensive Building Amenities: Residents benefit from a fully remodeled building featuring valet parking, a rooftop pool and spa, fitness center, BBQ area, and 24/7 security, enhancing lifestyle and value.
Immediate Rental Income & Investment Potential: The unit is currently tenant-occupied, generating $3,000 per month until late November, providing immediate cash flow and a proven income-producing opportunity for investors or future owner-occupants.
Modern Upgrades & Features: A beautifully upgraded corner residence with modern finishes, an open-concept layout, floor-to-ceiling windows, in-unit laundry, and sweeping city views from the 8th floor.
Buyer Financial Incentive: The seller is offering credits to buy down the interest rate, providing a significant financial advantage for potential buyers in the current market.

Cons

High HOA Fees: The association fee of $813.00 per month is substantial, which could impact the overall affordability and long-term cost of ownership for some buyers.
Compact Square Footage: At 888 sq ft for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, which may not appeal to buyers seeking more expansive living areas.
Tenant Occupancy Limitation: The unit is tenant-occupied until late November, meaning an owner-occupant would face a waiting period before moving in, which could be a drawback for those needing immediate possession.
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