427 9th Ave 405, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

427 9th Ave 405, San Diego, California 92101 home-pic-0
ACTIVE$599,000
427 9th Ave 405, San Diego, California 92101
1Bed
1Bath
855Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Strategically located steps from Petco Park, Gaslamp Quarter, Convention Center, Marina District, and San Diego International Airport, offering unparalleled access to entertainment, dining, and city amenities.
Top Cons:
High Association Fees: The monthly association fee of $905 is substantial for a 1-bedroom unit, significantly impacting the overall cost of ownership.

Compared to the nearby listings

Price:$599.0K vs avg $692.5K ($-93,500)38%
Size:855 sqft vs avg 1,046 sqft36%
Price/sqft:$701 vs avg $69452%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property falls within the 10-20 year age range for a 'Good' rating. The description and images confirm it is 100% 'Turn-key' and upgraded, featuring a modern kitchen with custom cabinetry, stone slab countertops, and newer stainless steel appliances. The bathroom also presents a contemporary style with updated fixtures and tiling. Luxury vinyl and tile flooring throughout, along with newer paint, contribute to a fresh, move-in ready condition with minimal wear and tear. While the visible updates are of excellent quality, the property has not undergone a full recent renovation to qualify for an 'Excellent' rating based on its age.
Year Built
2005
Close
-
List price
$599K
Original List price
$625K
Price/Sqft
$701
HOA
$905
Days on market
-
Sold On
-
MLS number
250024858SD
Home ConditionGood
Features
Excellent View: City Lights, Panoramic
ViewCity Lights,Panoramic

About this home

Enjoy ballpark VIEWS from your own private balcony at this rarely available 1BR/1BA condo in extremely desirable 'Diamond Terrace!' Conveniently located just steps from Petco Park, the prestigious Gaslamp Quarter w/ tons of fantastic restaurants & nightlife, coffee shops, nearby luxury gym, the Downtown SD library, SD Convention Center, Marina District, San Diego Intl. Airport & SO much more! This ideal location truly puts you right in the HEART of all San Diego has to offer! Unit is 100% ‘Turn-key’ & upgraded featuring an open floor-plan allowing tons of natural light inside the home. Other features include a spacious living area & over-sized primary bedroom w/ dual-closets including walk-in, an upgraded kitchen w/ custom cabinetry, stone slab countertops & all newer stainless steel appliances, 'in-unit' washer/dryer for convenience & a large walk-in pantry w/ storage. Other newer updates include luxury vinyl & tile flooring throughout, newer interior paint/ baseboards & more. Diamond Terrace is a security building w/ secured resident entries & a 1-Car secured parking stall. The rooftop patio offers AMAZING VIEWS overlooking Petco Park & the surrounding area to enjoy every home Padres games & all the various Petco Park concerts & events with friends! Gas BBQ grills outdoors allow you to entertain & dine outdoors on the rooftop & an indoor exercise room/ gym is private & secured for residents use only. This unit & Diamond Terrace are truly a ‘must-see’ before you make any decisions on buying anywhere in & around Downtown!

Condition Rating
Good

Built in 2005, this property falls within the 10-20 year age range for a 'Good' rating. The description and images confirm it is 100% 'Turn-key' and upgraded, featuring a modern kitchen with custom cabinetry, stone slab countertops, and newer stainless steel appliances. The bathroom also presents a contemporary style with updated fixtures and tiling. Luxury vinyl and tile flooring throughout, along with newer paint, contribute to a fresh, move-in ready condition with minimal wear and tear. While the visible updates are of excellent quality, the property has not undergone a full recent renovation to qualify for an 'Excellent' rating based on its age.
Pros & Cons

Pros

Prime Downtown Location: Strategically located steps from Petco Park, Gaslamp Quarter, Convention Center, Marina District, and San Diego International Airport, offering unparalleled access to entertainment, dining, and city amenities.
Turn-key & Upgraded Interior: The unit is 100% 'Turn-key' with an open floor plan, upgraded kitchen featuring custom cabinetry, stone slab countertops, newer stainless steel appliances, luxury vinyl/tile flooring, and fresh paint.
Ballpark & Panoramic Views: Offers direct ballpark views from a private balcony and amazing panoramic city views from the rooftop patio, ideal for enjoying Padres games and city events.
Building Amenities: Diamond Terrace is a secure building with resident entries, a secured 1-car parking stall, a rooftop patio with BBQ grills, and a private indoor exercise room/gym for residents.
In-Unit Conveniences: Includes practical features such as an in-unit washer/dryer, a large walk-in pantry with storage, and an oversized primary bedroom with dual closets, including a walk-in.

Cons

High Association Fees: The monthly association fee of $905 is substantial for a 1-bedroom unit, significantly impacting the overall cost of ownership.
Limited Space: As a 1-bedroom, 1-bathroom unit with 855 sqft, it caters to a specific demographic and may not suit buyers seeking more living space or additional bedrooms.
Potential for Noise: Its proximity to Petco Park and the Gaslamp Quarter, while a strength for access, also implies a higher potential for noise from events, nightlife, and general downtown activity.

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