427 9th Ave 403, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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427 9th Ave 403
San Diego, California 92101
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,018Sq Ft
20,036Lot Size
Property Price
LIST PRICE$699,950
EST. MARKET VALUE
$653,120
7% AboveMARKET VALUE
SUMMARY
This Diamond Terrace condo presents a Strong Value Opportunity, listed at $749,950—positioned well below the $694,291 Fair Market Value by -8%. While the property carries a Fair Condition Rating due to original 2005 finishes, it offers a unique lifestyle advantage with a Spectacular Petco Park View and Two Tandem Parking Spots. The open floorplan and Granite Kitchen provide a solid foundation for cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-visibility downtown asset.
Estimated Market Value
$653,120
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 |
|---|---|---|---|---|---|---|
★ 427 9th Ave 403 Subject | $699,950* List Price | 2 | 2 | 1,018 | $642 | - |
A 777 6th Ave 419 Sold | $585,000 | 2 | 2 | 1,119 | $523 | 0.3 mi |
B 330 J St. 201 Sold | $580,000 | 2 | 2 | 990 | $586 | 0.3 mi |
C 350 K St 205 Sold | $590,000 | 2 | 2 | 1,024 | $576 | 0.3 mi |
D 325 7th Avenue 1002 Sold | $860,000 | 2 | 2 | 973 | $884 | 0.1 mi |
E 325 7th Avenue 1003 Sold | $865,000 | 2 | 2 | 972 | $890 | 0.1 mi |
F 321 10th Avenue 201 Sold | $710,000 | 2 | 2 | 1,103 | $644 | 0.1 mi |
G 530 K St 303 Sold | $620,000 | 2 | 2 | 1,002 | $619 | 0.2 mi |
H 530 K 615 Sold | $490,000 | 2 | 2 | 937 | $523 | 0.2 mi |
I 1240 India 317 Pending | $695,000 List Price | 2 | 2 | 925 | $751 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 2005, making it 21 years old. While the kitchen features granite countertops and stainless steel appliances, the cabinetry and overall aesthetic are original to the construction date and appear dated. Per the criteria, properties over 20 years old without recent renovations are classified as fair.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Stadium Views
The property features a spectacular, direct view of Petco Park from a private balcony, offering a unique lifestyle advantage for enjoying games and concerts in the heart of East Village.
- Desirable Corner Unit Layout
As a corner unit with an open floor plan and abundant natural light, this residence provides enhanced privacy and a more spacious feel compared to standard interior units.
- Rare Dual Parking
The inclusion of two tandem parking spaces is a significant premium in the downtown San Diego market, where parking is often scarce and highly valued.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $974.35 is relatively high for a 1,018-square-foot unit, which may impact buyer affordability and overall investment yield.
- Extended Market Stagnancy
With 145 days on the market and multiple price reductions, the listing may face a 'stale' perception, potentially weakening the seller's position during negotiations.
About 427 9th Ave 403
Terrific 2 Bedroom 2 Bathroom Corner Unit in the Highly Coveted Diamond Terrace Complex. Located in the Heart of East Village. Spectacular View of Petco Park. Enjoy ballgames, concerts, etc. from your own balcony! Rarely Available! Open Floorplan with lots of Natural Light. Granite Countertops! Stainless Steel Appliances! Laundry In Unit. TWO (tandem) Parking Spots. Close to Restaurants, Parks, and Neighborhood Stores. Excellent Opportunity for a First-Time Buyer or Investor.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 20,036 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $974.35 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,018 | 1,002.307 |
| Lot Size | 20,036 | 75,574.68 |
| Price | $700.0K | $596.0K |
| Price per sq ft | $688 | $612 |
| Built year | 2005 | 1985 |
| HOA | $974.35 | $529 |
| Days on market | 187 | 55 |
Pricing History
Listed for Sale
Aug 25, 2026
$699,950
$729,950
-4% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$729,950
$749,950
-3% Price Drop
Initial Listing
Price Change
Apr 8, 2026
$749,950
$799,950
-6% Price Drop
Initial Listing
Price Change
Mar 26, 2026
$799,950
$849,950
-6% Price Drop
Initial Listing
Price Change
Mar 6, 2026
$849,950
Initial Listing