550 15th St. 207, San Diego, California 92101, San Diego, 92101 - 0 bed, 1 bath
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550 15th St. 207
San Diego, California 92101
ACTIVE
CONDITION: GOOD
0Beds
1Baths
526Sq Ft
0Lot Size
Property Price
LIST PRICE$380,000
EST. MARKET VALUE
$372,801
SUMMARY
This Versatile Studio Residence represents a Strong Value Opportunity, listed at $380,000—positioned slightly above the $372,801 Fair Market Value. While priced at market, the property offers a Good Condition Rating and a flexible floor plan with the potential to convert into a one-bedroom layout. Featuring a Granite Kitchen and access to premium amenities like a fitness center and courtyard, this unit provides a high-walkability lifestyle in East Village. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern urban home.
Estimated Market Value
$372,801
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 15th St. 207 Subject | $380,000* List Price | 0 | 1 | 526 | $709 | - |
A 875 G St. 707 Sold | $465,000 | 1 | 1 | 678 | $686 | 0.4 mi |
B 1080 Park Blvd 211 Sold | $435,000 | 2 | 1 | 731 | $595 | 0.4 mi |
C 321 10th Ave 903 Sold | $478,000 | 1 | 1 | 621 | $770 | 0.3 mi |
D 206 Park Boulevard 602 Sold | $400,000 | 1 | 1 | 696 | $575 | 0.3 mi |
E 1080 Park Blvd 303 Sold | $320,000 | 1 | 1 | 618 | $518 | 0.4 mi |
F 206 Park Blvd 405 Sold | $375,000 | 0 | 1 | 619 | $606 | 0.3 mi |
G 1050 Island Avenue 513 Sold | $385,000 | 0 | 1 | 603 | $638 | 0.3 mi |
H 1150 J St 415 Sold | $435,000 | 1 | 1 | 735 | $592 | 0.2 mi |
I 1150 J 603 Active | $384,900 List Price | 0 | 1 | 571 | $674 | 0.2 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 2006, this 20-year-old residence is well-maintained and move-in ready. The kitchen features functional granite countertops and stainless steel appliances, and the overall interior condition appears clean and modern, fitting the 10-20 year age criteria for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of East Village, the property offers exceptional walkability to Petco Park, Gaslamp Quarter, and the new East Village Green, providing a vibrant downtown lifestyle.
- Flexible Floor Plan
The spacious studio layout features an open design with the unique potential to add a wall, allowing owners to easily convert the space into a functional one-bedroom residence.
- Comprehensive Amenities
Residents benefit from desirable building features including a fitness center, outdoor courtyard with BBQs and a firepit, plus the significant value-add of assigned parking.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly HOA fee of $522 is relatively high for a studio of this size, which may impact the overall affordability and debt-to-income ratio for some buyers.
- Compact Living Area
With only 526 square feet of living space, the property offers limited square footage, which may be restrictive for those requiring significant storage or long-term space for growth.
About 550 15th St. 207
Welcome to this light and bright second-floor studio at The Element in Downtown San Diego’s East Village. This spacious residence features an open, flexible floor plan with the potential to add a wall and create a separate one-bedroom layout. The kitchen offers generous counter space, granite countertops, stainless steel appliances, and room for a dining area or center island with additional seating and prep space. An excellent opportunity to enjoy convenient downtown living in a versatile and well-designed residence. Welcome to The Element, offering modern downtown living in the heart of East Village. Residents enjoy a fitness center, courtyard with BBQs, outdoor seating and firepit, plus assigned parking and water included in the HOA. Just two blocks from the new East Village Green and close to Petco Park, Gaslamp Quarter, Quartyard, restaurants, coffee shops, breweries and Albertsons. With excellent walkability and quick freeway access, The Element offers the best of convenient urban living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $522.0 / Month
Neighborhood Insights
San Diego Unified Schools
Sherman Elementary School
Grades K-5 • 0.4 mi
5/10
Burbank Elementary School
Grades K-5 • 1.0 mi
3/10
Washington Elementary School
Grades K-5 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 526 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $380.0K | $596.0K |
| Price per sq ft | $722 | $612 |
| Built year | 2006 | 1985 |
| HOA | $522.0 | $529 |
| Days on market | 14 | 55 |
Pricing History
Listed for Sale
Aug 26, 2026
$380,000
Initial Listing
Sold
Mar 1, 2022
$372,500
Public Record
Sold
Feb 10, 2012
$92,000
Public Record
Sold
Mar 16, 2006
$206,000
Public Record
Sold
Mar 15, 2006
$261,500
Public Record