510 1st Ave 402, San Diego, California 92101, San Diego, 92101 - 4 bed, 4 bath
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San Diego, California 92101
This Rare 4-Bedroom Luxury Marina Residence is a sophisticated urban sanctuary listed at $1,999,999—positioned well below the $2,036,899 Fair Market Value by 1%. This valuation provides $36,900 in Instant Equity for a property boasting an Excellent Condition Rating after an extensive high-end renovation. The unique combined-unit layout features a contemporary chef's kitchen, wide-plank flooring, and panoramic marina and city views. Residents enjoy a resort-style lifestyle near top-rated schools like Washington Elementary and Roosevelt Middle. This is a premier opportunity for Luxury Urban Families or Owner-Occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 1st Ave 402 Subject | $1,850,000* List Price | 4 | 4 | 2,561 | $722 | - |
A 645 Front St 1215 Sold | $1,425,000 | 3 | 3 | 1,753 | $813 | 0.1 mi |
B 877 Island Ave 705 Pending | $1,319,900 List Price | 2 | 2 | 1,925 | $686 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 2002, this property has undergone an extensive high-end renovation to seamlessly combine two units into a single luxury residence. The interior features modern wide-plank flooring, a contemporary chef's kitchen with flat-panel cabinetry, quartz countertops, and premium stainless steel appliances. The bathrooms and living areas showcase updated designer light fixtures, modern fireplace surrounds, and high-quality finishes throughout, meeting current luxury standards with no signs of deferred maintenance.
The seamless combination of two units creates a massive 4-bedroom, 4-bathroom floor plan, offering a level of space and versatility for multi-generational living that is exceptionally rare in downtown San Diego.
Situated just steps from the marina, this residence provides an elite coastal lifestyle with immediate proximity to waterfront dining, shopping, and the vibrant city center.
The property features 24-hour guard service and resort-style amenities, providing a high level of security and a full-service luxury living experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2561, other record living area = 2318.
The monthly association fee of $3,224 is significantly high and may be a deterrent for buyers sensitive to ongoing carrying costs.
Built in 2002, the property may require interior modernizations to compete with the ultra-modern finishes found in the newer luxury high-rises nearby.
Rare opportunity to own a truly unique 4-bedroom, 4-bathroom residence in the heart of Downtown San Diego, just steps from the marina. This exceptional home is the result of two units seamlessly combined, offering unmatched flexibility, space, and versatility rarely found in urban living. Designed for both comfort and functionality, the layout allows for multi-generational living, guest accommodations, all within one expansive residence. Whether you’re looking for a spacious primary home, a hybrid live opportunity, or a private retreat with room to entertain, this property delivers. Enjoy the best of coastal downtown living with close proximity to the marina, waterfront dining, shopping, and vibrant city life, all while having the space and privacy typically reserved for single-family homes. Residents enjoy resort style amenities, creating a true luxury living experience, along with the peace of mind of a 24-hour guard and secure building access. This combination of lifestyle and security is highly sought after in downtown San Diego luxury real estate. Opportunities like this are extremely limited schedule your private showing today.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,561 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $1.85M | $604.2K |
| Price per sq ft | $722 | $618 |
| Built year | 2002 | 1985 |
| HOA | $3224.0 | $500 |
| Days on market | 112 | 53 |
Jul 22, 2026
$1,850,000
$1,999,999
-7% Price Drop
Initial Listing
Apr 2, 2026
$1,999,999
Initial Listing
Sep 5, 2019
$1,580,000
Public Record
Apr 8, 2016
$1,075,000
Public Record
May 14, 2001
$784,000
Public Record