550 Park Blvd 2406, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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550 Park Blvd 2406
San Diego, California 92101
ACTIVE
CONDITION: GOOD
1Beds
1Baths
738Sq Ft
0Lot Size
Property Price
LIST PRICE$439,000
EST. MARKET VALUE
$441,376
SUMMARY
This Strong Value Opportunity is a 1-bedroom condominium listed at a List Price of $439,000, positioned well below the $441,376 Fair Market Value by 0.54%. This valuation gap offers $2,376 in Instant Equity. Featuring a Condition Rating of 3, the unit includes granite countertops, stainless steel appliances, and panoramic cityscape views. With an assumable 2.375% VA loan, this property is a premier choice for Buy-and-Hold Investors or first-time buyers seeking a turnkey urban lifestyle in downtown San Diego.
Estimated Market Value
$441,376
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 Blvd 2406 Subject 1 bd · 1 ba · 738 sqft · $598 | $439,000* List Price | 1 | 1 | 738 | $598 | - |
A 206 Park 313 Sold 1 bd · 1 ba · 694 sqft · $555 · 0.2 mi | $385,000 | 1 | 1 | 694 | $555 | 0.2 mi |
B 875 G St. 707 Sold 1 bd · 1 ba · 678 sqft · $686 · 0.2 mi | $465,000 | 1 | 1 | 678 | $686 | 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 1080 Park Blvd 211 Sold 2 bd · 1 ba · 731 sqft · $595 · 0.4 mi | $435,000 | 2 | 1 | 731 | $595 | 0.4 mi |
E 530 K Street 919 Sold 1 bd · 1 ba · 648 sqft · $741 · 0.4 mi | $480,000 | 1 | 1 | 648 | $741 | 0.4 mi |
F 253 10th Ave 733 Sold 1 bd · 1 ba · 808 sqft · $532 · 0.2 mi | $429,999 | 1 | 1 | 808 | $532 | 0.2 mi |
G 206 Park Boulevard 602 Sold 1 bd · 1 ba · 696 sqft · $575 · 0.2 mi | $400,000 | 1 | 1 | 696 | $575 | 0.2 mi |
H 206 Park Boulevard 501 Sold 1 bd · 1 ba · 881 sqft · $467 · 0.2 mi | $411,000 | 1 | 1 | 881 | $467 | 0.2 mi |
I 1150 J St 614 Active 1 bd · 1 ba · 735 sqft · $578 · 0.1 mi | $425,000 List Price | 1 | 1 | 735 | $578 | 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), this property is well-maintained and move-in ready. The kitchen features functional granite countertops and stainless steel appliances, and the unit includes central HVAC and a brand new washer/dryer. While the cabinetry reflects the original construction era, the overall condition is clean and requires no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing
The property features a rare assumable VA loan at a 2.375% interest rate, offering significant monthly savings and a competitive edge in the current high-rate market.
- Prime Urban Location
Situated in the heart of East Village, this unit is just blocks from Petco Park and vibrant dining, offering a highly walkable and desirable downtown lifestyle.
- Panoramic City Views
The oversized private balcony provides stunning panoramic cityscape views, enhancing the living space and providing a premium urban aesthetic.
CONSRISKS & DEFICIENCIES
- High Monthly HOA
The $716 monthly association fee is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
- Lower School Ratings
The assigned local public schools have lower performance ratings, which could be a drawback for buyers concerned with long-term resale value or educational quality.
About 550 Park Blvd 2406
This stunning condo features 1 bedroom and 1 bathroom, located in downtown San Diego’s vibrant East Village. Spanning 738 sq ft, this bright home offers an open floor plan, granite countertops, stainless steel appliances, central A/C, and a brand new washer and dryer. Step out onto your oversized private balcony to enjoy beautiful panoramic cityscape views. Located just 3 blocks from Petco Park and 2 blocks from a variety of shops and groceries, you’re steps away from the neighborhood's best dining and breweries. This unit includes a rare extra: 1 secured underground parking space. The HOA fee covers secure building access, a community spa, exterior maintenance, water, and trash. This is the ultimate urban lifestyle—don't miss this rare opportunity!
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
- $716.0 / 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 | 738 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $439.0K | $598.4K |
| Price per sq ft | $595 | $607 |
| Built year | 2004 | 1986 |
| HOA | $716.0 | $536 |
| Days on market | 5 | 58 |
Pricing History
Listed for Sale
Oct 20, 2026
$439,000
Initial Listing
Sold
Aug 18, 2017
$365,000
Public Record
Sold
Aug 12, 2016
$365,000
Public Record
Sold
Jun 22, 2006
$362,500
Public Record
Sold
Sep 29, 2004
$348,000
Public Record