510 1st Ave 901, San Diego, California 92101, San Diego, 92101 - 1 bed, 2 bath

510 1st Ave 901, San Diego, California 92101 home-pic-0
ACTIVE$698,888
510 1st Ave 901, San Diego, California 92101
1Bed
2Baths
974Sqft
60,067Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Views: Corner unit on the 9th floor in the desirable Marina District, offering abundant natural light and incredible Northeast facing views, with convenient access to downtown amenities and a 24-hour market.
Top Cons:
High Association Fee: The substantial monthly association fee of $1698.0 represents a significant ongoing cost that could impact affordability and long-term investment.

Compared to the nearby listings

Price:$698.9K vs avg $698.9K (+$0)50%
Size:974 sqft vs avg 1,046 sqft44%
Price/sqft:$718 vs avg $69457%

More Insights

Built in 2002 (23 years old).
Condition: Built in 2002, this luxury condo is 22 years old, placing it just outside the typical 'Good' age range. However, the property is exceptionally well-maintained and features high-quality finishes that have aged gracefully. The kitchen boasts granite countertops, stainless steel appliances, and dark shaker-style cabinetry, all in excellent condition and highly functional. Bathrooms feature matching granite and cabinetry, with the primary offering a dual vanity and separate shower/tub. Hardwood floors are present throughout, and the overall unit is move-in ready with no immediate renovations required. The original BOSA development quality and evident upkeep elevate its condition beyond 'Fair', despite its age, making it a solid 'Good' property.
Year Built
2002
Close
-
List price
$699K
Original List price
$700K
Price/Sqft
$718
HOA
$1,698
Days on market
-
Sold On
-
MLS number
250020134SD
Home ConditionGood
Features
Excellent View:
View-

About this home

Seller is now offering a 2-1 Interest Rate Buydown, reducing the buyers interest rate by 2% for the first year and 1% for the second year of their loan. Welcome to your 9th-floor Horizons corner unit condo with floor to ceiling windows, ample light, and incredible Northeast facing views in the heart of the Marina District in downtown San Diego! The condo's open layout showcases the incredible views which lure you to the corner balcony. The kitchen features granite countertops, a gas stove and stainless steel appliances, with a bar-top and a dedicated dining space. The primary bedroom is encased in windows, has it's own ensuite bathroom with a dual vanity, and has direct balcony access. Additionally, the second versatile room can be utilized as a second bedroom, den, or home office. The unit includes hardwood floors, a cozy gas fireplace, and a convenient second bathroom, 1 assigned garage parking spot (with guest spots offered), and an assigned storage space. Horizons is a luxury condo BOSA development located in the scenic Marina District. From the moment you step off the elevator, you'll notice the attention to detail from the consistency of the cleaning staff to the upgraded features that include keyless entry for each unit. The Horizons community offers a host of amenities, including a pool, spa, fitness center, 24-hour concierge services & security, a billiard room, a conference room, and guest parking. An array of retailers and shops are conveniently close but most notable is the 24-hour Ralphs Signature market. The building is VA and FHA approved.

Condition Rating
Good

Built in 2002, this luxury condo is 22 years old, placing it just outside the typical 'Good' age range. However, the property is exceptionally well-maintained and features high-quality finishes that have aged gracefully. The kitchen boasts granite countertops, stainless steel appliances, and dark shaker-style cabinetry, all in excellent condition and highly functional. Bathrooms feature matching granite and cabinetry, with the primary offering a dual vanity and separate shower/tub. Hardwood floors are present throughout, and the overall unit is move-in ready with no immediate renovations required. The original BOSA development quality and evident upkeep elevate its condition beyond 'Fair', despite its age, making it a solid 'Good' property.
Pros & Cons

Pros

Prime Location & Views: Corner unit on the 9th floor in the desirable Marina District, offering abundant natural light and incredible Northeast facing views, with convenient access to downtown amenities and a 24-hour market.
Luxury Building Amenities: Horizons, a BOSA development, provides extensive luxury amenities including a pool, spa, fitness center, 24-hour concierge/security, and guest parking, enhancing lifestyle and value.
Modern Unit Features: Well-appointed interior with an open layout, granite countertops, stainless steel appliances, hardwood floors, a gas fireplace, and a versatile second room, catering to contemporary living.
Financial Incentive: The seller's offer of a 2-1 interest rate buydown significantly reduces initial mortgage payments, making the property more accessible and attractive to buyers.
Broad Financing Options: The building's VA and FHA approval broadens the potential buyer pool, making it accessible to a wider range of financing options.

Cons

High Association Fee: The substantial monthly association fee of $1698.0 represents a significant ongoing cost that could impact affordability and long-term investment.
Limited Dedicated Bedrooms: While offering a versatile second room, the unit primarily features one dedicated bedroom, which may not suit buyers requiring two distinct, full-sized bedrooms.
Building Age: Built in 2002, the building is over two decades old. While well-maintained, some buyers may prefer newer construction with more modern infrastructure or fear potential future assessments for major system upgrades.

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