450 J Street 6121, San Diego, California 92101, San Diego, 92101 - 0 bed, 1 bath
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450 J Street 6121
San Diego, California 92101
ACTIVE
CONDITION: FAIR
0Beds
1Baths
519Sq Ft
0Lot Size
Property Price
LIST PRICE$349,888
EST. MARKET VALUE
$357,008
SUMMARY
This High-Potential Investment Opportunity is a Condominium listed at $349,999, positioned well below the $341,031 Fair Market Value by -2%. While the unit features a Fair Condition Rating and a compact 519 sqft footprint, it offers Panoramic City Views, Granite Kitchen countertops, and resort-style amenities. Its rare FHA and Fannie Mae approval status provides unique financing accessibility in the Gaslamp Quarter. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-walkability urban lifestyle near Petco Park.
Estimated Market Value
$357,008
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 Street 6121 Subject 0 bd · 1 ba · 519 sqft · $688 | $349,888* List Price | 0 | 1 | 519 | $688 | - |
A 445 Island Ave 706 Sold 1 bd · 1 ba · 547 sqft · $729 · 0.0 mi | $399,000 | 1 | 1 | 547 | $729 | 0.0 mi |
B 120 Island Ave 333 Sold 0 bd · 1 ba · 626 sqft · $685 · 0.2 mi | $429,000 | 0 | 1 | 626 | $685 | 0.2 mi |
C 120 Island Ave 332 Sold 0 bd · 1 ba · 695 sqft · $518 · 0.2 mi | $360,000 | 0 | 1 | 695 | $518 | 0.2 mi |
D 445 Island Ave 504 Active 0 bd · 1 ba · 623 sqft · $640 · 0.0 mi | $399,000 List Price | 0 | 1 | 623 | $640 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category (>20y). While it features durable granite countertops, stainless steel appliances, and stone floors, the original HVAC and electrical systems are likely reaching the end of their primary lifecycle, and the overall aesthetic is dated compared to modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Gaslamp Location
Situated in the heart of the Gaslamp Quarter, this unit offers exceptional walkability to Petco Park, high-end dining, and entertainment, providing a premier urban lifestyle.
- Exceptional Value and Financing
Positioned as the lowest-priced non-hotel residence in the area with recent price reductions, the property is uniquely FHA and Fannie Mae approved, offering rare accessibility for buyers.
- Modern Interior and Amenities
The unit features upgraded stone flooring, granite countertops, and in-unit laundry, complemented by resort-style building amenities including a pool, fitness center, and secure parking.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $705 per month is relatively high for a 519-square-foot unit, which may impact overall affordability and investor cap rates.
- Limited Living Space
At just 519 square feet, the compact footprint may limit appeal for long-term residents or those requiring additional storage and dedicated workspace.
About 450 J Street 6121
Motivated Seller, Bring Offers! Price Just Reduced on Oct 23!! Least expensive residence in the Gaslamp!! Really nice Gaslamp City Square 6th floor unit with panoramic city views in the heart of San Diego's Gaslamp Quarter!! And at an improved price!! Fantastic location! Anthracite and stone floors, granite countertops and stainless steel appliances. Washer and dryer in unit. The complex has resort-like amenities including a pool, jacuzzi, BBQ area and fitness center. Just a short walk to Petco Park and surrounded by high-end restaurants, shopping, and entertainment. Includes one dedicated parking spot in secure structure. SELLER IS OPEN TO CONSIDERING BUYER CONCESSIONS!! *THE CONDO IS ALSO FOR RENT @ $2,300 PM* Motivated Seller, Bring Offers! Price Just Reduced on Oct 23!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $705.0 / 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 | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 519 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $349.9K | $598.4K |
| Price per sq ft | $674 | $607 |
| Built year | 2004 | 1986 |
| HOA | $705.0 | $536 |
| Days on market | 52 | 58 |
Pricing History
Listed for Sale
Oct 24, 2026
$349,888
$349,999
+0% Price Increase
Initial Listing
Price Change
Oct 9, 2026
$349,999
$354,900
-1% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$354,900
$359,900
-1% Price Drop
Initial Listing
Price Change
Sep 25, 2026
$359,900
$369,000
-2% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$369,000
$399,900
-8% Price Drop
Initial Listing
Price Change
Sep 3, 2026
$399,900
Initial Listing
Sold
Feb 25, 2021
$300,000
Public Record
Sold
Apr 22, 2013
$235,000
Public Record
Sold
Apr 2, 2010
$180,000
Public Record
Sold
Dec 29, 2004
$310,000
Public Record