450 J St 3271, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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450 J St 3271
San Diego, California 92101
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,016Sq Ft
0Lot Size
Property Price
LIST PRICE$559,000
EST. MARKET VALUE
$609,220
8% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $559,000—positioned well below the $600,163 Fair Market Value by 6%. This valuation gap provides $41,163 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this unit offers modern updates, in-unit laundry, and two side-by-side parking spaces. With resort-style amenities and a VA-approved status, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a vibrant, walkable lifestyle in the heart of the Gaslamp Quarter.
Estimated Market Value
$609,220+$50,220 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 450 J St 3271 Subject | $559,000* List Price | 2 | 2 | 1,016 | $600 | - |
A 321 10th Ave 907 Sold | $710,000 | 2 | 2 | 1,103 | $644 | 0.3 mi |
B 530 K 615 Sold | $490,000 | 2 | 2 | 937 | $523 | 0.1 mi |
C 321 10th Avenue 201 Sold | $710,000 | 2 | 2 | 1,103 | $644 | 0.3 mi |
D 800 The Mark 204 Sold | $675,000 | 1 | 1 | 967 | $698 | 0.2 mi |
E 530 K St 303 Sold | $620,000 | 2 | 2 | 1,002 | $619 | 0.1 mi |
F 350 K Street 408 Sold | $599,000 | 2 | 2 | 933 | $642 | 0.1 mi |
G 350 K St 614 Sold | $685,000 | 2 | 2 | 965 | $710 | 0.1 mi |
H 445 Island Avenue 309 Sold | $449,000 | 1 | 1 | 807 | $556 | 0.0 mi |
I 445 Island Avenue 501 Active | $620,000 List Price | 2 | 2 | 941 | $659 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004 (20 years old), the property is well-maintained and move-in ready. It features recent updates including new appliances and contemporary fixtures, with functional kitchen and bath finishes that align with the 10-20 year age bracket.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Gaslamp Location
Situated in the heart of the Gaslamp Quarter, this property offers unparalleled walkability to Petco Park, world-class dining, and vibrant nightlife, making it a premier urban lifestyle choice.
- Rare Parking & Modern Updates
The unit includes two side-by-side assigned parking spaces—a significant premium for downtown—alongside a stylishly updated interior featuring new appliances and contemporary fixtures.
- Favorable Financing Options
The complex is VA approved and features an assumable VA loan, providing a unique and highly attractive financial opportunity for eligible buyers in the current interest rate environment.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $761 per month is relatively high, which may impact the overall monthly affordability and debt-to-income ratio for prospective purchasers.
- Urban Noise Potential
Being located in one of San Diego’s most active entertainment districts, the property may be subject to higher ambient noise levels typical of dense, high-traffic urban environments.
About 450 J St 3271
Experience the best of Gaslamp living in this beautifully updated 2-bedroom, 2-bath condo, offering 1,016 sq. ft. of sophisticated style. Designed for modern comfort, this home features contemporary fixtures, new appliances, and the convenience of both in-unit laundry and two side-by-side assigned parking spaces in a secure garage. Step outside your door to a serene courtyard with resort-style amenities, including a pool, jacuzzi, BBQ area, and fitness center. Just a quick walk to Petco Park and surrounded by top-tier dining, shopping, and entertainment, this is an incredible opportunity to own in one of San Diego’s most vibrant neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $761.0 / Month
Neighborhood Insights
San Diego Unified Schools
Washington Elementary School
Grades K-5 • 1.1 mi
5/10
Roosevelt International Middle School
Grades 6-8 • 2.2 mi
5/10
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 | 1,016 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $559.0K | $596.0K |
| Price per sq ft | $550 | $612 |
| Built year | 2004 | 1985 |
| HOA | $761.0 | $529 |
| Days on market | 34 | 55 |
Pricing History
Listed for Sale
Aug 6, 2026
$559,000
Initial Listing
Sold
Sep 7, 2018
$515,000
Public Record
Sold
Feb 25, 2005
$600,000
Public Record
Sold
Dec 13, 2004
$571,500
Public Record