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550 15th St 401, San Diego, California 92101, San Diego, 92101 - bed, 1 bath

550 15th St 401, San Diego, California 92101 home-pic-0
ACTIVE$444,900$726/sqft
550 15th St 401, San Diego, California 92101
0Bed
1Bath
726Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location & Walkability: Situated in the vibrant heart of East Village, offering unparalleled access to Petco Park, diverse dining, nightlife, and convenient trolley transit, ideal for an active urban lifestyle.
Top Cons:
High Monthly Association Fees: The association fee of $546.98 is relatively high for a 726 sqft unit, adding a substantial ongoing cost to homeownership.

Compared to the nearby listings

Price:$444.9K vs avg $725.0K ($-280,100)13%
Size:726 sqft vs avg 1,046 sqft22%
Price/sqft:$613 vs avg $70222%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this condo falls within the 'Good' age range (10-20 years). The property has been recently updated with fresh paint, upgraded kitchen and bathroom cabinets, new hardware, new light fixtures, a new bathroom medicine cabinet, and luxury carpet. These extensive cosmetic renovations make it move-in ready with a clean, contemporary feel. The kitchen features granite countertops and stainless steel appliances, and the bathroom is also updated, indicating well-maintained systems and minimal wear and tear, aligning perfectly with the 'Good' condition criteria.
Year Built
2006
Close
-
List price
$445K
Original List price
$449K
Price/Sqft
$613
HOA
$546.98
Days on market
-
Sold On
-
MLS number
2600076SD
Home ConditionGood
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

Welcome to this stylish and refreshed corner-unit condo at Element in East Village! Move-in ready and filled with natural light, this beautifully updated home features an open floor plan, floor-to-ceiling windows, and a modern kitchen with granite countertops. The unit has just been updated with fresh paint, upgraded kitchen and bathroom cabinets, new hardware, new light fixtures, a new bathroom medicine cabinet, and luxury carpet—giving the entire space a clean, contemporary feel. Additional highlights include in-unit stackable laundry and an assigned underground gated parking space. Element is a secure, pet-friendly community offering fantastic amenities, including a fitness center and a community courtyard with BBQs and a cozy fire pit—perfect for relaxing or entertaining.Situated in the heart of East Village, you are just steps from Petco Park, local coffee shops, restaurants, nightlife, and the trolley for easy transit. Ideal for those seeking vibrant downtown living! FHA & VA approved. Short-term rentals permitted.

L
Liliana Bristman
Listing Agent

Nearby schools

5/10
Sherman Elementary School
Public,•K-5•0.4mi
3/10
Burbank Elementary School
Public,•K-5•1.0mi
5/10
Washington Elementary School
Public,•K-5•1.3mi
6/10
Jefferson Elementary School
Public,•K-5•2.7mi
3/10
Perkins Elementary School
Public,•K-8•0.7mi
3/10
Memorial Scholars & Athletes School
Public,•6-8•1.4mi
4/10
Golden Hill K-8
Public,•K-8•1.7mi
5/10
Roosevelt International Middle School
Public,•6-8•2.0mi

Price History

Date
Event
Price
06/16/17
Sold
$282,500
03/24/06
Sold
$332,500
03/22/06
Sold
$268,500
Condition Rating
Good
Built in 2006, this condo falls within the 'Good' age range (10-20 years). The property has been recently updated with fresh paint, upgraded kitchen and bathroom cabinets, new hardware, new light fixtures, a new bathroom medicine cabinet, and luxury carpet. These extensive cosmetic renovations make it move-in ready with a clean, contemporary feel. The kitchen features granite countertops and stainless steel appliances, and the bathroom is also updated, indicating well-maintained systems and minimal wear and tear, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Downtown Location & Walkability: Situated in the vibrant heart of East Village, offering unparalleled access to Petco Park, diverse dining, nightlife, and convenient trolley transit, ideal for an active urban lifestyle.
Extensive Recent Updates & Move-in Ready: The condo boasts fresh paint, upgraded kitchen and bathroom cabinets, new hardware, light fixtures, and luxury carpet, providing a clean, contemporary, and move-in ready living space.
Building Amenities & Pet-Friendly Community: Element is a secure, pet-friendly community featuring desirable amenities such as a fitness center, community courtyard with BBQs, and a cozy fire pit, enhancing resident lifestyle.
Investment & Income Potential: The property permits short-term rentals, offering a significant opportunity for investors or owners seeking to generate rental income.
Financing Accessibility: Being FHA & VA approved broadens the buyer pool, making the property accessible to a wider range of purchasers, including first-time homebuyers and veterans.

Cons

High Monthly Association Fees: The association fee of $546.98 is relatively high for a 726 sqft unit, adding a substantial ongoing cost to homeownership.
Compact Living Space: With 726 sqft, the unit offers limited living space, which may not appeal to buyers desiring more room or those with larger furniture/belongings.
Potential for Urban Noise: Its central location in a bustling downtown area, steps from Petco Park and nightlife, suggests a high likelihood of ambient city noise, which could be a concern for some residents.
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