
San Diego, California 92101
This Gaslamp Quarter Condominium is a Strong Value Opportunity, listed at $599,900—positioned well below the $640,748 Fair Market Value by 6%. This valuation gap offers $40,848 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this move-in ready residence includes a Granite Quartz Kitchen, two secured parking spaces, and resort-style amenities. While the short sale status requires patience, the prime urban location and split-bedroom layout make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking downtown luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 450 J St 4131 Subject | $599,900* List Price | 2 | 2 | 993 | $645 | - |
A 253 10th Avenue 721 Sold | $690,000 | 2 | 2 | 1,015 | $680 | 0.3 mi |
B 253 10th Ave 325 Sold | $625,000 | 2 | 2 | 1,017 | $615 | 0.3 mi |
C 445 Island Avenue 309 Sold | $449,000 | 1 | 1 | 807 | $556 | 0.0 mi |
D 325 7th Avenue 1801 Sold | $750,000 | 2 | 2 | 1,021 | $735 | 0.2 mi |
E 325 7th Avenue 1006 Sold | $750,000 | 2 | 2 | 972 | $772 | 0.2 mi |
F 350 K Street 408 Sold | $599,000 | 2 | 2 | 933 | $642 | 0.1 mi |
G 445 Island Avenue 501 Active | $659,000 List Price | 2 | 2 | 935 | $705 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, the property is 22 years old but presents in well-maintained, move-in ready condition. The interior features updated contemporary finishes including quartz countertops, stainless steel appliances, and modern hard-surface flooring that appear to have been renovated within the last 5-15 years.
Situated in the heart of the Gaslamp Quarter, this residence offers unparalleled walkability to San Diego’s premier dining, nightlife, and waterfront attractions.
The southeast-facing corner unit features a split-bedroom floor plan and expansive windows, maximizing natural light and providing enhanced privacy for residents.
The inclusion of two secured underground parking spaces is a significant luxury and value-add in a dense urban environment where parking is typically scarce.
The short sale status implies that the transaction is subject to lender approval, which can result in unpredictable closing timelines and potential procedural delays.
At $754 per month, the association fees are a substantial recurring expense that may impact the overall affordability and financing qualifications for some buyers.
Short Sale Opportunity – Priced to Sell! Don’t Miss Out. Wake up in the vibrant heart of San Diego’s Gaslamp Quarter, where city energy meets sophisticated urban living. This stunning light-filled corner residence captures the magic of downtown with expansive windows framing sparkling city views and filling the home with natural sunlight throughout the day. With a coveted southeast-facing orientation, every room feels bright, open, and alive. Designed for both comfort and style, the contemporary kitchen shines with sleek granite quartz countertops, stainless steel appliances, and a seamless flow into the living and dining areas—creating the perfect backdrop for everything from quiet mornings to unforgettable evenings with friends. The thoughtfully designed floor plan offers exceptional privacy, with bedrooms situated on opposite sides of the residence, making it ideal for guests, roommates, remote work, or a peaceful retreat at the end of the day. Enjoy the convenience of in-unit laundry, plus two secured underground tandem parking spaces—a rare downtown luxury. Residents are treated to resort-style amenities including 24-hour security, a sparkling pool and spa, fitness center, and welcoming outdoor gathering areas. The HOA adds tremendous value by covering water, trash, pest control, and common area maintenance. Just outside your door, discover the very best of downtown San Diego—from world-class dining, trendy cafés, and exciting nightlife to waterfront attractions and endless entertainment. With easy access to major freeways, the entire city is within reach. A rare chance to secure a beautiful residence in one of San Diego’s most iconic neighborhoods. Short sale opportunity and aggressively priced to sell—this is your moment to own a piece of the Gaslamp lifestyle before it’s gone.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 993 | 1,103 | 39% |
| Lot Size | - | - | 50% |
| Price | $599.9K | $749.0K | 34% |
| Price per sq ft | $604 | $688 | 28% |
| Built year | 2004 | 2004 | 50% |
| HOA | $754.0 | $897 | 31% |
| Days on market | 5 | 145 | 7% |
Jun 9, 2026
$599,900
Initial Listing
May 12, 2022
$770,000
Public Record
Apr 20, 2010
$390,000
Public Record
Apr 14, 2005
$622,000
Public Record