550 Park Blvd 2501, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

550 Park Blvd 2501, San Diego, California 92101 home-pic-0
ACTIVE$509,900
550 Park Blvd 2501, San Diego, California 92101
1Bed
1Bath
810Sqft
38,864Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Urban Location: Situated in the highly sought-after East Village, offering immediate access to Petco Park, Gaslamp Quarter, and downtown attractions, ideal for urban living.
Top Cons:
High Monthly Association Fee: The $612 monthly association fee is substantial for a 1-bedroom unit, which could impact affordability and long-term ownership costs.

Compared to the nearby listings

Price:$509.9K vs avg $692.5K ($-182,600)27%
Size:810 sqft vs avg 1,046 sqft33%
Price/sqft:$630 vs avg $69426%

More Insights

Built in 2004 (21 years old).
Condition: Built in 2004, this condo has undergone significant recent updates, including fresh interior paint, newer flooring, granite countertops, and modern stainless steel appliances in the kitchen. The bathroom features a contemporary vanity with a vessel sink and updated fixtures. The in-unit washer/dryer is a high-end, modern stacked unit. While not a brand-new construction, the property is move-in ready with no immediate renovations required, and all major systems and finishes appear well-maintained and updated within the last 5-15 years, aligning perfectly with a 'Good' condition rating.
Year Built
2004
Close
-
List price
$510K
Original List price
$525K
Price/Sqft
$630
HOA
$612
Days on market
-
Sold On
-
MLS number
250027985SD
Home ConditionGood
Features
Good View: Courtyard
Deck
ViewCourtyard

About this home

Located in the highly sought-after Park Blvd West building in East Village, this spacious 1-bedroom, 1-bathroom condo offers 810 sq. ft. of living space and features an interior courtyard location on the fifth floor for a peaceful and private atmosphere. Enjoy a private balcony with city skyline views, perfect for outdoor dining and relaxation. Park Blvd West has attractive financing opportunities that include the possibility for VA and FHA financing. The condo has been updated with fresh interior paint, newer flooring, granite countertops, stainless steel appliances, and an in-unit washer/dryer. A large walk-in closet provides ample storage space, and the building offers Google Fiber Webpass for fast internet. Additional amenities include a community spa, secure controlled access, gated parking garage, rentable storage rooms, and guest parking. This home is ideal for urban dwellers with its proximity to Petco Park, Gaslamp Quarter.

Nearby schools

5/10
Sherman Elementary School
Public,K-50.6mi
3/10
Burbank Elementary School
Public,K-51.1mi
5/10
Washington Elementary School
Public,K-51.2mi
6/10
Jefferson Elementary School
Public,K-52.8mi
3/10
Perkins Elementary School
Public,K-80.8mi
3/10
Memorial Scholars & Athletes School
Public,6-81.6mi
4/10
Golden Hill K-8
Public,K-81.9mi
5/10
Roosevelt International Middle School
Public,6-82.1mi
Condition Rating
Good

Built in 2004, this condo has undergone significant recent updates, including fresh interior paint, newer flooring, granite countertops, and modern stainless steel appliances in the kitchen. The bathroom features a contemporary vanity with a vessel sink and updated fixtures. The in-unit washer/dryer is a high-end, modern stacked unit. While not a brand-new construction, the property is move-in ready with no immediate renovations required, and all major systems and finishes appear well-maintained and updated within the last 5-15 years, aligning perfectly with a 'Good' condition rating.
Pros & Cons

Pros

Premier Urban Location: Situated in the highly sought-after East Village, offering immediate access to Petco Park, Gaslamp Quarter, and downtown attractions, ideal for urban living.
Modern Interior Updates: Recently updated with fresh paint, newer flooring, granite countertops, stainless steel appliances, and an in-unit washer/dryer, ensuring a move-in ready condition.
Comprehensive Building Amenities: Features a community spa, secure controlled access, gated parking, rentable storage, guest parking, and Google Fiber Webpass, enhancing lifestyle and convenience.
Flexible Financing Options: Eligibility for VA and FHA financing significantly expands the potential buyer pool, making the property more accessible.
Private Balcony with City Views: Offers a private balcony with desirable city skyline views, providing valuable outdoor space for relaxation and entertaining.

Cons

High Monthly Association Fee: The $612 monthly association fee is substantial for a 1-bedroom unit, which could impact affordability and long-term ownership costs.
Limited Bedroom Count: As a 1-bedroom unit, it caters to a specific demographic (singles, couples) and may not appeal to buyers requiring more living or sleeping space.
Urban Noise Potential: Located in a vibrant downtown area near major attractions like Petco Park and Gaslamp Quarter, there is a potential for increased noise levels, especially during events or peak hours.

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