427 9th Avenue 501, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

427 9th Avenue 501, San Diego, California 92101 home-pic-0

427 9th Avenue 501

San Diego, California 92101

ACTIVE
CONDITION: GOOD
1Beds
1Baths
843Sq Ft
Lot Size

Property Price

LIST PRICE$485,000

SUMMARY

Analysis of 427 9th Avenue 501, San Diego, California 92101 is currently available with a list price of $485,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2005, this condo is well-maintained and move-in ready. The kitchen features good quality cherry cabinets, granite countertops, and stainless steel appliances, which are functional and in good condition, though the style reflects trends from the mid-2000s rather than being 'virtually new' by current standards. The bathroom has a renovated tub/shower with subway tile, which is a nice update. While the property is clean and has some modern touches like crown molding and recessed lighting, the extensive carpeting in the living areas and bedroom, combined with the kitchen's aesthetic, prevents it from reaching an 'Excellent' score, which requires all components to be new or virtually new and meet current quality standards. It fits perfectly within the 'Good' category, being built within 10-20 years and having well-maintained systems with some updated components.

PROSSTRENGTHS & OPPORTUNITIES

  • Unbeatable Downtown Location

    Directly adjacent to Petco Park and the vibrant Gaslamp Quarter, offering unparalleled access to entertainment, dining, and events.

  • Comprehensive Building Amenities

    Features a secure building with FOB access, gym, community room, and a spectacular rooftop deck with gas BBQ and direct Petco Park views.

  • Modern & Updated Interior

    Boasts contemporary finishes including cherry cabinets, granite countertops, stainless steel appliances, crown molding, and a renovated bathroom.

CONSRISKS & DEFICIENCIES

  • Substantial Association Fees

    The monthly association fee of $896.85 is notably high, which could impact affordability and long-term ownership costs.

  • History of Price Reductions

    Multiple price adjustments from the original list price suggest potential market resistance or an initial overvaluation, indicating a need for careful pricing strategy.

  • Compact Living Area

    With 843 square feet, the unit offers a relatively compact living space, which may not appeal to buyers seeking larger residences or dedicated home office areas.

About 427 9th Avenue 501

Live Steps from Petco Park in the Heart of the Gaslamp! This bright, updated condo perfectly combines downtown energy with cozy comfort. Step out onto your 12' x 8' patio and enjoy peek views of Petco Park and Park at the Park, ideal for city lovers, Padres fans, or anyone who wants the excitement of downtown right at their doorstep. Inside, the space features cherry cabinets, granite countertops, stainless steel appliances, crown molding, a full-size stacked washer/dryer, and a renovated tub/shower. Assigned underground parking on the 3rd Level fits a full-size vehicle. The secure building offers FOB access to parking, a lobby with Amazon package lockers, elevator, gym, community room, and a rooftop deck with gas BBQ overlooking Petco Park. Downtown living couldn’t be more convenient. Whether you’re exploring nearby restaurants, rooftop bars, live music venues, or taking in a downtown concert, this condo gives you the perfect home base for the ultimate city lifestyle. Walk to games, concerts, or nightlife without worrying about parking. With year-round events, restaurants, and entertainment at your fingertips, this condo puts you at the center of everything San Diego has to offer. Don’t miss your chance to own a slice of the Gaslamp lifestyle! Padre fans will love the location of this condo - If you have a ticket, no problem with Parking, quick walk to multiple entrances. Leaving the game - head out the Right Field exit, cross J to 9th and you're at your condo building. No game ticket, no worries! Grab a steak and a cold beverage and head to 14th floor where you can watch the game from the roof top BBQ deck for free.

Property Details

Public Facts

Property Type
Condominium
Year Built
2005
Lot Size
-

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$896.85 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
43%
Baths1.02.0
38%
Square foot8431,094
30%
Lot Size--
50%
Price$485.0K$725.0K
22%
Price per sq ft$575$695
14%
Built year20052004
50%
HOA$896.85$830
56%
Days on market232181
75%

Pricing History

Listed for Sale

Jan 27, 2026

$485,000

$495,000

-2% Price Drop

Initial Listing

Price Change

Nov 25, 2025

$495,000

$510,000

-3% Price Drop

Initial Listing

Price Change

Oct 20, 2025

$510,000

$515,000

-1% Price Drop

Initial Listing

Price Change

Oct 10, 2025

$515,000

$530,000

-3% Price Drop

Initial Listing

Price Change

Aug 5, 2025

$530,000

$540,000

-2% Price Drop

Initial Listing

Price Change

Jul 18, 2025

$540,000

Initial Listing

Browse Properties by State Browse housing market trends by state