550 15th St 703, San Diego, California 92101, San Diego, 92101 - 0 bed, 1 bath
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San Diego, California 92101
This Turnkey Downtown Studio represents a Strong Value Opportunity, listed at $374,900—positioned above the $338,150 Fair Market Value. While priced at a premium, the unit offers a Good Condition Rating with recent upgrades including fresh paint, brand-new flooring, and a stylish bathroom vanity. Residents benefit from a functional urban layout featuring in-unit laundry, A/C, and secure parking. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready lifestyle in the heart of San Diego.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 15th St 703 Subject | $374,900* List Price | 0 | 1 | 526 | $643 | - |
A 550 15th 403 Sold | $305,000 | 0 | 1 | 526 | $580 | 0.0 mi |
B 550 15th St 809 Sold | $420,000 | 0 | 1 | 725 | $579 | 0.0 mi |
C 321 10th Ave 903 Sold | $478,000 | 1 | 1 | 621 | $770 | 0.3 mi |
D 206 Park Blvd 405 Sold | $375,000 | 0 | 1 | 619 | $606 | 0.3 mi |
E 1080 Park Blvd 303 Sold | $320,000 | 1 | 1 | 618 | $518 | 0.4 mi |
F 1080 Park Blvd 1614 Sold | $399,000 | 1 | 1 | 596 | $669 | 0.4 mi |
G 1150 J 603 Active | $399,900 List Price | 0 | 1 | 571 | $700 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), this unit is well-maintained and move-in ready. It features recent cosmetic updates including brand new flooring, fresh paint, and a stylish new bathroom vanity. The kitchen remains functional with granite countertops and stainless steel appliances, and the inclusion of A/C and in-unit laundry supports a 'Good' rating.
The unit is move-in ready with fresh paint, brand-new flooring, and an updated bathroom vanity, offering a modern aesthetic that minimizes immediate post-purchase expenses.
Rare for a downtown studio, this property includes both a secure parking space and a dedicated storage room, providing significant added value and convenience for urban living.
The 7th-floor unit features a well-designed floor plan including a wood room divider for privacy, in-unit laundry, and air conditioning, maximizing the utility of the square footage.
At 526 square feet, the studio configuration may limit appeal for buyers requiring a traditional bedroom or more versatile living areas.
The property is zoned for schools with lower academic ratings (3/10 and 4/10), which could impact long-term appreciation and appeal to certain buyer demographics.
Come enjoy everything downtown has to offer in this light & bright 7th-floor studio at The Element! Freshly painted with brand new flooring, this beautifully updated unit offers a functional layout with granite countertops, stackable washer & dryer, dishwasher, a beautiful wood room divider, a stylish new bathroom vanity and A/C. Enjoy the convenience of secure parking plus a dedicated storage room. Residents of The Element also enjoy fantastic amenities including a fully equipped fitness center and a beautifully furnished courtyard complete with seating, BBQ, and firepit. Whether you're a first-time buyer, investor, or looking for the perfect downtown condo, this is a fantastic opportunity you won’t want to miss.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 5% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 526 | 1,103 | 5% |
| Lot Size | - | - | 50% |
| Price | $374.9K | $750.0K | 6% |
| Price per sq ft | $713 | $697 | 56% |
| Built year | 2006 | 2005 | 60% |
| HOA | $485.0 | $899 | 2% |
| Days on market | 18 | 148 | 7% |
May 19, 2026
$374,900
Initial Listing
Apr 23, 2024
$347,500
Public Record
Jun 5, 2007
$250,000
Public Record
Apr 7, 2006
$362,500
Public Record