450 J Street 3151, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

450 J Street 3151, San Diego, California 92101 home-pic-0
ACTIVE$474,900
450 J Street 3151, San Diego, California 92101
1Bed
1Bath
777Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the heart of San Diego's Gaslamp Quarter, offering unparalleled walkability to world-class dining, nightlife, Petco Park, and the waterfront, appealing to those seeking a vibrant urban lifestyle.
Top Cons:
High Monthly Association Fee: The $520.0 monthly association fee is substantial for a 1-bedroom unit, adding a significant ongoing cost to homeownership that could impact affordability.

Compared to the nearby listings

Price:$474.9K vs avg $692.5K ($-217,600)20%
Size:777 sqft vs avg 1,046 sqft31%
Price/sqft:$611 vs avg $69422%

More Insights

Built in 2004 (21 years old).
Condition: Built in 2004, this condo falls within the 10-20 year age range for a 'Good' rating. The interior, as seen in the images, features modern-looking tile flooring throughout the living areas and bathroom, suggesting recent updates or excellent maintenance. The bathroom is clean with a white vanity, functional fixtures, and a stacked washer/dryer unit that appears well-maintained. While no kitchen images are provided, the overall condition of the visible spaces indicates a move-in ready property with minimal wear and tear, consistent with a well-maintained unit of its age. It does not appear to require immediate renovations.
Year Built
2004
Close
-
List price
$475K
Original List price
$500K
Price/Sqft
$611
HOA
$520
Days on market
-
Sold On
-
MLS number
250036288SD
Home ConditionGood
Features
Pool
Patio
View-

About this home

FHA Assumable Loan - Bright, south-facing condo in the heart of San Diego’s Gaslamp Quarter at 450 J Street, on the same level as the pool, BBQ, gym, and fitness center, this home offers easy access to resort-style amenities: secure underground parking and a gated community. Perfect as a stylish downtown residence or lock-and-leave second home, you’ll be steps from world-class dining, nightlife, Petco Park, the waterfront, and year-round events. Experience the vibrant energy of the Gaslamp while enjoying the comfort and convenience of modern city living.

Nearby schools

5/10
Washington Elementary School
Public,K-51.1mi
5/10
Roosevelt International Middle School
Public,6-82.2mi
Condition Rating
Good

Built in 2004, this condo falls within the 10-20 year age range for a 'Good' rating. The interior, as seen in the images, features modern-looking tile flooring throughout the living areas and bathroom, suggesting recent updates or excellent maintenance. The bathroom is clean with a white vanity, functional fixtures, and a stacked washer/dryer unit that appears well-maintained. While no kitchen images are provided, the overall condition of the visible spaces indicates a move-in ready property with minimal wear and tear, consistent with a well-maintained unit of its age. It does not appear to require immediate renovations.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of San Diego's Gaslamp Quarter, offering unparalleled walkability to world-class dining, nightlife, Petco Park, and the waterfront, appealing to those seeking a vibrant urban lifestyle.
FHA Assumable Loan: The availability of an FHA assumable loan presents a significant financial advantage for qualified buyers, potentially offering a lower interest rate and easier financing options in the current market.
Resort-Style Amenities: The property provides direct access to a suite of desirable amenities including a pool, BBQ area, gym, and fitness center, all located on the same level, enhancing the living experience.
Modern Construction & Security: Built in 2004, the condo offers modern construction standards, complemented by secure underground parking and a gated community, ensuring comfort and peace of mind.
Versatile Property Use: Ideal for both a stylish downtown primary residence or a convenient 'lock-and-leave' second home, broadening its appeal to a diverse range of potential buyers.

Cons

High Monthly Association Fee: The $520.0 monthly association fee is substantial for a 1-bedroom unit, adding a significant ongoing cost to homeownership that could impact affordability.
Potential for Urban Noise: Being in the vibrant Gaslamp Quarter, the property is susceptible to noise from nightlife, events, and general city activity, which may not suit all preferences for quiet living.
Compact Living Space: At 777 square feet for a 1-bedroom, 1-bath unit, the living space is relatively compact, which might feel restrictive for buyers desiring more room or flexibility.

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