550 Park 2603, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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550 Park 2603
San Diego, California 92101
ACTIVE
CONDITION: GOOD
1Beds
1Baths
1,018Sq Ft
0Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$590,516
7% BelowMARKET VALUE
SUMMARY
This Modern One-Bedroom Condominium is a Strong Value Opportunity, listed at $549,000—positioned well below the $587,373 Fair Market Value by 6%. This valuation gap offers $38,373 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a Private Rooftop Deck and a Large Balcony in a prime East Village location. While school ratings are modest, the property’s walkability and unique outdoor living space make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$590,516+$41,516 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 Park 2603 Subject 1 bd · 1 ba · 1,018 sqft · $580 | $549,000* List Price | 1 | 1 | 1,018 | $580 | - |
A 253 10th Avenue 1104 Sold 1 bd · 1 ba · 1,065 sqft · $615 · 0.2 mi | $655,000 | 1 | 1 | 1,065 | $615 | 0.2 mi |
B 800 The Mark 204 Sold 1 bd · 1 ba · 967 sqft · $698 · 0.2 mi | $675,000 | 1 | 1 | 967 | $698 | 0.2 mi |
C 525 11th Avenue 1501 Sold 1 bd · 1 ba · 863 sqft · $632 · 0.0 mi | $545,000 | 1 | 1 | 863 | $632 | 0.0 mi |
D 206 Park Boulevard 501 Sold 1 bd · 1 ba · 881 sqft · $467 · 0.2 mi | $411,000 | 1 | 1 | 881 | $467 | 0.2 mi |
E 321 10th Ave 907 Sold 2 bd · 2 ba · 1,103 sqft · $644 · 0.2 mi | $710,000 | 2 | 2 | 1,103 | $644 | 0.2 mi |
F 550 Park Blvd 2604 Sold 2 bd · 2 ba · 1,124 sqft · $578 · 0.0 mi | $650,000 | 2 | 2 | 1,124 | $578 | 0.0 mi |
G 321 10th Avenue 201 Sold 2 bd · 2 ba · 1,103 sqft · $644 · 0.2 mi | $710,000 | 2 | 2 | 1,103 | $644 | 0.2 mi |
H 527 10th Ave 302 Sold 0 bd · 1 ba · 883 sqft · $578 · 0.1 mi | $510,000 | 0 | 1 | 883 | $578 | 0.1 mi |
I 1150 J Street 218 Active 1 bd · 1 ba · 966 sqft · $610 · 0.1 mi | $589,000 List Price | 1 | 1 | 966 | $610 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004 (20 years old), the property is well-maintained and move-in ready. The kitchen features functional flat-panel cabinetry and stone counters, and while some appliances are dated (black finish), the unit includes a newer washer/dryer and a well-kept private rooftop deck.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Outdoor Living
The property features a rare, fully furnished private rooftop deck accessed via a spiral staircase, plus a large balcony, providing significant outdoor space that is highly coveted in an urban downtown setting.
- Prime Urban Location
Situated in the heart of East Village, the condo is steps from Petco Park and within easy walking distance to award-winning restaurants, cafes, and the scenic Harbor Drive Pedestrian Bridge.
- Spacious Interior Layout
With 1,018 square feet of living space, this one-bedroom unit is notably larger than average, offering a walk-in closet, in-unit laundry, and an included storage locker for added convenience.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $720.19 is relatively high for a one-bedroom unit, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
- Modest School Ratings
The local public schools assigned to this address have lower performance ratings, ranging from 3 to 5, which could be a drawback for buyers concerned with long-term resale value or educational quality.
About 550 Park 2603
Private rooftop deck on this fun East Village condo steps from Petco Park! Modern one bedroom condo with large balcony off living room plus a spiral staircase that leads to a huge outdoor rooftop deck that conveys fully furnished! Walk-in closet, large primary bedroom, newer washer/dryer in unit, single parking space and storage locker included. Walk to award winning restaurants, cafes and enjoy the bayfront daily crossing the Harbor Drive Pedestrian Bridge nearby.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $720.19 / Month
Neighborhood Insights
San Diego Unified Schools
Sherman Elementary School
Grades K-5 • 0.6 mi
5/10
Burbank Elementary School
Grades K-5 • 1.1 mi
3/10
Washington Elementary School
Grades K-5 • 1.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,018 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $549.0K | $598.4K |
| Price per sq ft | $539 | $607 |
| Built year | 2004 | 1986 |
| HOA | $720.19 | $536 |
| Days on market | 45 | 58 |
Pricing History
Listed for Sale
Sep 10, 2026
$549,000
Initial Listing
Sold
Jul 30, 2015
$410,000
Public Record
Sold
Apr 26, 2005
$500,000
Public Record
Sold
Sep 29, 2004
$439,000
Public Record