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510 1st Ave 1101, San Diego, California 92101, San Diego, 92101 - 1 bed, 2 bath

510 1st Ave 1101, San Diego, California 92101 home-pic-0
ACTIVE$725,000
510 1st Ave 1101, San Diego, California 92101
1Bed
2Baths
1,036Sqft
60,067Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Unbeatable access to a plethora of amenities including Ralphs, an off-leash dog park, the waterfront, Seaport Village, Petco Park, Gaslamp Quarter, and public transportation, earning it the 'Walker's Paradise' designation.
Top Cons:
Substantial Association Fees: The monthly association fee of $1,697.43 is exceptionally high, significantly increasing the overall cost of ownership and potentially impacting affordability.

Compared to the nearby listings

Price:$725.0K vs avg $699.0K (+$26,000)53%
Size:1,036 sqft vs avg 1,046 sqft48%
Price/sqft:$700 vs avg $69451%

More Insights

Built in 2002 (23 years old).
Condition: Built in 2002, this property is 22 years old, placing it just outside the typical 10-20 year range for a 'Good' rating based solely on age. However, the unit is clearly move-in ready and well-maintained, as evidenced by the description mentioning 'new dining room light fixture, new fans in den and living room, new LED mirror in primary bathroom, walk-in showers in both bathrooms, new washer.' The images confirm a clean and functional interior. The kitchen features stainless steel appliances that appear to be in good condition, though the light wood cabinetry and granite countertops reflect an early 2000s aesthetic. Similarly, the bathrooms are clean and functional, with some recent updates like the LED mirror and walk-in showers, but the overall style is not fully contemporary. The 'beautiful tile floors' are durable but also consistent with the original build era. While the style of some major components (kitchen cabinets, countertops, flooring) is not cutting-edge, they are in excellent condition and do not require immediate renovation. The property meets the 'Good' criteria of being move-in ready with well-maintained systems and minimal wear and tear, despite not having undergone a full recent renovation.
Year Built
2002
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$700
HOA
$1,697.43
Days on market
-
Sold On
-
MLS number
250016352SD
Home ConditionGood
Features
Excellent View: City Lights, Panoramic
Deck
ViewCity Lights,Panoramic

About this home

This Horizons corner unit boasts floor to ceiling windows, stunning views of Downtown's sparkling city lights, Petco Park and tons of fireworks! Featuring an open layout, spacious den/office, beautiful tile floors, mirrored walls, and a fireplace to set the romance. Additional highlights include new dining room light fixture, new fans in den and living room, new LED mirror in primary bathroom, walk-in showers in both bathrooms, new washer, and a large balcony accessible from both the office and bedroom, offering breathtaking views. See video and supplements. Horizons in the Marina District has brand new modern lobbies, a pool surrounded by lush greenery, and access to a gym and community lounge for residents and guest parking. Location can't be beat with the Ralphs and off-leash dog park across the street, and the waterfront just a few blocks away. Discover San Diego’s bayfront, 14 acres at Seaport Village, the Rady Shell and The Headquarters. Stroll through Little Italy farmers markets, enjoy concerts at both the Waterfront Park and Petco Park or weekend evenings at the Balboa Theatre. Bring your friends and family to Padres games at Petco Park and the Gaslamp Quarter. Just blocks from the trolly and the Coaster at the Santa Fe Depot, and minutes from Lindbergh Field airport. Welcome to Walker's Paradise.

Condition Rating
Good
Built in 2002, this property is 22 years old, placing it just outside the typical 10-20 year range for a 'Good' rating based solely on age. However, the unit is clearly move-in ready and well-maintained, as evidenced by the description mentioning 'new dining room light fixture, new fans in den and living room, new LED mirror in primary bathroom, walk-in showers in both bathrooms, new washer.' The images confirm a clean and functional interior. The kitchen features stainless steel appliances that appear to be in good condition, though the light wood cabinetry and granite countertops reflect an early 2000s aesthetic. Similarly, the bathrooms are clean and functional, with some recent updates like the LED mirror and walk-in showers, but the overall style is not fully contemporary. The 'beautiful tile floors' are durable but also consistent with the original build era. While the style of some major components (kitchen cabinets, countertops, flooring) is not cutting-edge, they are in excellent condition and do not require immediate renovation. The property meets the 'Good' criteria of being move-in ready with well-maintained systems and minimal wear and tear, despite not having undergone a full recent renovation.
Pros & Cons

Pros

Prime Downtown Location: Unbeatable access to a plethora of amenities including Ralphs, an off-leash dog park, the waterfront, Seaport Village, Petco Park, Gaslamp Quarter, and public transportation, earning it the 'Walker's Paradise' designation.
Exceptional Views: Boasts stunning panoramic views of Downtown's city lights, Petco Park, and fireworks from floor-to-ceiling windows and a large private balcony.
Comprehensive Building Amenities: The Horizons building offers brand new modern lobbies, a pool surrounded by lush greenery, a gym, a community lounge, and guest parking, enhancing resident lifestyle.
Functional Layout with Den: Features an open layout with a spacious den/office, providing valuable additional living or workspace, a significant advantage for a 1-bedroom unit.
Corner Unit Advantages: As a corner unit, it benefits from increased natural light, potentially more expansive views, and enhanced privacy compared to interior units.

Cons

Substantial Association Fees: The monthly association fee of $1,697.43 is exceptionally high, significantly increasing the overall cost of ownership and potentially impacting affordability.
Limited Bedroom Count: Being a 1-bedroom unit, even with a den, limits its appeal to a narrower market segment, primarily singles or couples without children.
Absence of Central Air Conditioning: While fans are mentioned, the property description does not indicate central air conditioning, which could be a comfort concern during San Diego's warmer months, especially with floor-to-ceiling windows.

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