427 9th Ave 601, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

427 9th Ave 601, San Diego, California 92101 home-pic-0
ACTIVE$499,000
427 9th Ave 601, San Diego, California 92101
1Bed
1Bath
843Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Location: Directly across from Petco Park and Gallagher Square, offering an unparalleled 'ballpark lifestyle' and vibrant downtown access.
Top Cons:
High Monthly HOA Dues: The $897 monthly association fee is substantial for a 1-bedroom unit, significantly increasing the total monthly housing cost.

Compared to the nearby listings

Price:$499.0K vs avg $692.5K ($-193,500)25%
Size:843 sqft vs avg 1,046 sqft34%
Price/sqft:$592 vs avg $69417%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is 19 years old and falls within the 'Good' category's age range. The kitchen features well-maintained dark wood cabinetry, granite countertops, and stainless steel appliances (with a black refrigerator), which are functional and in good condition, reflecting the style of its build era. The flooring appears consistent and well-kept. While not extensively renovated to a contemporary standard, the unit is move-in ready with no immediate updates required, indicating minimal wear and tear and functional major systems.
Year Built
2005
Close
-
List price
$499K
Original List price
$529K
Price/Sqft
$592
HOA
$897
Days on market
-
Sold On
-
MLS number
250039584SD
Home ConditionGood
Features
Good View:
Deck
View-

About this home

Great 1 bedroom and 1 bathroom unit right across from Peto Park! Enjoy the ballpark lifestyle and take in the events at Gallagher Square from your perch at Diamond Terrace. A generous unit over 800 sqft with a welcoming balcony facing right into the park!

Condition Rating
Good

Built in 2005, this property is 19 years old and falls within the 'Good' category's age range. The kitchen features well-maintained dark wood cabinetry, granite countertops, and stainless steel appliances (with a black refrigerator), which are functional and in good condition, reflecting the style of its build era. The flooring appears consistent and well-kept. While not extensively renovated to a contemporary standard, the unit is move-in ready with no immediate updates required, indicating minimal wear and tear and functional major systems.
Pros & Cons

Pros

Premier Location: Directly across from Petco Park and Gallagher Square, offering an unparalleled 'ballpark lifestyle' and vibrant downtown access.
Spacious Layout: At over 800 sqft, this 1-bedroom unit provides a generous living space, uncommon for its type in urban settings.
Direct Park Views & Balcony: Features a welcoming balcony with direct views into Petco Park, ideal for enjoying events and the urban landscape.
Modern Building: Constructed in 2005, the building is relatively new, suggesting contemporary design and infrastructure.
Recent Price Adjustment: A recent price reduction from $529,000 to $499,000 indicates a more competitive offering and potential value for buyers.

Cons

High Monthly HOA Dues: The $897 monthly association fee is substantial for a 1-bedroom unit, significantly increasing the total monthly housing cost.
Event-Related Noise: Proximity to Petco Park means potential for considerable noise and activity during games, concerts, and other events.
Limited Market Appeal (1-Bedroom): As a 1-bedroom unit, its market appeal is narrower, primarily targeting singles or couples, which could affect future resale liquidity.

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