515 S Sierra Ave 119, Solana Beach, California 92075, Solana Beach, 92075 - 2 bed, 3 bath
515 S Sierra Ave 119
Solana Beach, California 92075
Property Price
SUMMARY
Analysis of 515 S Sierra Ave 119, Solana Beach, California 92075 is currently available with a list price of $2,828,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Solana Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1975, this condo has undergone an extensive and high-quality renovation, making its interior virtually new. The kitchen features modern shaker-style cabinetry, high-efficiency stainless steel LG appliances, contemporary mosaic backsplash, and updated countertops. All bathrooms are also fully updated with modern vanities, fixtures, and stylish finishes. The property boasts consistent, new-looking light-colored laminate flooring throughout, recessed lighting, and modern ceiling fans. The overall aesthetic is current, luxurious, and move-in ready with no deferred maintenance visible in the unit itself.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Solana Vista Elementary School (10/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
- Oceanfront Location & Views
Elevated OCEANFRONT location offering fantastic Pacific Ocean, bluff, coastline, and panoramic water views, providing an unparalleled coastal living experience.
- Short-Term Rental Permit
The unit carries a Short Term Rental Permit, offering significant income potential and flexibility for owners.
CONSRISKS & DEFICIENCIES
- High Association Fee
The property has a substantial monthly association fee of $800.0, which adds significantly to the ongoing cost of ownership.
- Building Age
Built in 1975, the building's age, despite unit updates, could imply potential for future common area maintenance, repairs, or special assessments.
- Moderate Square Footage for Price
At 1,375 sq. feet, the living space might be considered moderate for a property at its price point, potentially limiting appeal for buyers seeking larger residences.
About 515 S Sierra Ave 119
Elevated OCEANFRONT location with fantastic Pacific Ocean views. This 2 bedroom 2 & 1/2 bathroom, 1,375 sq. foot condo provides coastal elegance just steps to beach access and close to Solana Beach shops and restaurants. Great single level, open concept floor plan. Primary suite is generous with a bonus office and walk-in closet. Entertain family and friends in the updated kitchen with newer high efficiency appliances designed to blend modern luxury with comfort and style. Walks on the beach, surf, swim, pickleball or tennis followed by a relaxing dip in the pool and spa plus sunsets from your deck. This unit carries a Short Term Rental Permit! Elevated OCEANFRONT location with fantastic Pacific Ocean views. This 2 bedroom 2 & 1/2 bathroom, 1,375 sq. foot condo provides coastal elegance just steps to beach access and close to Solana Beach shops and restaurants. Great single level, open concept floor plan. Primary suite is generous with a bonus office and walk-in closet. Entertain family and friends in the updated kitchen with newer high efficiency appliances designed to blend modern luxury with comfort and style. Walks on the beach, surf, swim, pickleball or tennis followed by a relaxing dip in the pool and spa plus sunsets from your deck. This unit carries a Short Term Rental Permit!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1975
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $800.0 / Month
Neighborhood Insights
Solana Beach Unified Schools
Skyline Elementary School
Grades K-6 • 0.9 mi
Solana Vista Elementary School
Grades K-3 • 1.8 mi
Earl Warren Middle School
Grades 7-8 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,375 | 1,214 | 56% |
| Lot Size | - | - | 50% |
| Price | $2.83M | $1.49M | 88% |
| Price per sq ft | $2.1K | $1.1K | 88% |
| Built year | 1975 | 1975 | 50% |
| HOA | $800.0 | $810 | 50% |
| Days on market | 106 | 162 | 16% |
Pricing History
Listed for Sale
Jan 25, 2026
$2,828,000
$2,900,000
-2% Price Drop
Initial Listing
Price Change
Nov 21, 2025
$2,900,000
Initial Listing
Sold
Apr 9, 2024
$2,700,000
Public Record
Sold
May 3, 2001
$295,000
Public Record