450 J 5151, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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450 J 5151
San Diego, California 92101
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
777Sq Ft
35,869Lot Size
Property Price
LIST PRICE$470,000
EST. MARKET VALUE
$499,000
5% BelowMARKET VALUE
SUMMARY
This Modern Urban Condo is a Prime Investment Opportunity, listed at $499,000—positioned well below the $512,139 Fair Market Value by 2%. This valuation gap offers $13,139 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this turn-key unit boasts polished concrete floors, exposed brick, and resort-style amenities like a pool and spa. Located in the heart of Gaslamp, it offers an unmatched lifestyle for Buy-and-Hold Investors or first-time buyers seeking a vibrant downtown sanctuary.
Estimated Market Value
$499,000+$29,000 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 5151 Subject | $470,000* List Price | 1 | 1 | 777 | $642 | - |
A 445 Island Avenue 309 Sold | $449,000 | 1 | 1 | 807 | $556 | 0.0 mi |
B 450 J Street 3151 Sold | $457,000 | 1 | 1 | 777 | $588 | 0.0 mi |
C 445 Island Ave 706 Sold | $399,000 | 1 | 1 | 547 | $729 | 0.0 mi |
D 330 J Street 611 Sold | $525,000 | 2 | 2 | 836 | $628 | 0.1 mi |
E 321 Tenth Ave 606 Sold | $555,000 | 1 | 1 | 736 | $754 | 0.3 mi |
F 101 Market St. 408 Sold | $479,900 | 1 | 1 | 691 | $695 | 0.2 mi |
G 875 G St. 707 Sold | $465,000 | 1 | 1 | 678 | $686 | 0.3 mi |
H 1050 Island Avenue 711 Sold | $580,000 | 1 | 1 | 814 | $713 | 0.3 mi |
I 445 Island Avenue 307 Active | $429,900 List Price | 1 | 1 | 807 | $533 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2004, the property features a high-end modern renovation with upgraded stainless steel appliances, contemporary white cabinetry, and updated bathroom tiling. The unit is in mint, turn-key condition with modern systems including a Nest thermostat and central HVAC, meeting the criteria for a recent renovation.
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 San Diego's vibrant downtown nightlife.
- Modern Industrial Aesthetic
The unit features highly desirable urban finishes including polished concrete floors, exposed brick walls, and upgraded stainless steel appliances, making it a truly turn-key, move-in ready home.
- Building Amenities & Parking Convenience
Residents benefit from resort-style amenities including a pool, spa, and gym, along with the significant convenience of a secured parking spot located directly next to the elevator.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $733.80 is relatively high for a one-bedroom unit, which may impact the monthly carrying costs and overall affordability for budget-conscious buyers.
- Compact Living Space
At 777 square feet, the single-bedroom layout may feel restrictive for those requiring a dedicated home office or additional storage beyond what the urban footprint provides.
About 450 J 5151
Downtown living at its finest in this modern urban condo in Gaslamp City Square! This light and bright unit features sleek polished concrete floors, exposed brick walls with custom board and batten detailing, and an abundance of natural light throughout. The kitchen is equipped with upgraded stainless steel appliances, and the home offers the convenience of a Nest system, central heat and air, and newer roller shades. Truly turn-key and move-in ready, this condo puts you steps from everything downtown has to offer. The building offers resort-style amenities, including a pool, spa, gym, BBQ area, and more. This unit also includes a secured parking spot conveniently located right next to the elevator, with additional storage units available for a small fee. Live in the heart of Gaslamp, just moments from some of the city's best restaurants, Petco Park, and everything downtown San Diego has to offer! Downtown living at its finest in this modern urban condo in Gaslamp City Square! This light and bright unit features sleek polished concrete floors, exposed brick walls with custom board and batten detailing, and an abundance of natural light throughout. The kitchen is equipped with upgraded stainless steel appliances, and the home offers the convenience of a Nest system, central heat and air, and newer roller shades. Truly turn-key and move-in ready, this condo puts you steps from everything downtown has to offer. The building offers resort-style amenities, including a pool, spa, gym, BBQ area, and more. This unit also includes a secured parking spot conveniently located right next to the elevator, with additional storage units available for a small fee. Live in the heart of Gaslamp, just moments from some of the city's best restaurants, Petco Park, and everything downtown San Diego has to offer!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- 35,869 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $733.8 / 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 | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 777 | 1,002.307 |
| Lot Size | 35,869 | 75,574.68 |
| Price | $470.0K | $596.0K |
| Price per sq ft | $605 | $612 |
| Built year | 2004 | 1985 |
| HOA | $733.8 | $529 |
| Days on market | 48 | 55 |
Pricing History
Listed for Sale
Aug 29, 2026
$470,000
$485,000
-3% Price Drop
Initial Listing
Price Change
Aug 19, 2026
$485,000
$499,000
-3% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$499,000
Initial Listing
Sold
Jul 26, 2021
$465,000
Public Record
Sold
Apr 5, 2018
$410,000
Public Record
Sold
Jan 8, 2010
$280,000
Public Record
Sold
Nov 23, 2004
$443,500
Public Record