550 Park Blvd, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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550 Park Blvd
San Diego, California 92101
ACTIVE
CONDITION: FAIR
1Beds
1Baths
754Sq Ft
0Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$399,000
SUMMARY
This Strong Value Opportunity is listed at $439,000, positioned slightly above the $420,660 Fair Market Value. While the property reflects a Condition Rating of 4, it offers a prime downtown lifestyle with Granite Kitchen finishes and a Private Balcony with city views. Despite the 84 days on market, the unit provides a secure, low-maintenance lifestyle in the heart of East Village. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a vibrant, walkable urban residence.
Estimated Market Value
$399,000
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 Subject 1 bd · 1 ba · 754 sqft · $529 | $399,000* List Price | 1 | 1 | 754 | $529 | - |
A 530 K Street 517 Sold 1 bd · 1 ba · 689 sqft · $660 · 0.4 mi | $455,000 | 1 | 1 | 689 | $660 | 0.4 mi |
B 206 Park Boulevard 602 Sold 1 bd · 1 ba · 696 sqft · $575 · 0.2 mi | $400,000 | 1 | 1 | 696 | $575 | 0.2 mi |
C 206 Park Boulevard 501 Sold 1 bd · 1 ba · 881 sqft · $467 · 0.2 mi | $411,000 | 1 | 1 | 881 | $467 | 0.2 mi |
D 206 Park 313 Sold 1 bd · 1 ba · 694 sqft · $555 · 0.2 mi | $385,000 | 1 | 1 | 694 | $555 | 0.2 mi |
E 1080 Park Blvd 211 Sold 2 bd · 1 ba · 731 sqft · $595 · 0.4 mi | $435,000 | 2 | 1 | 731 | $595 | 0.4 mi |
F 875 G St. 707 Sold 1 bd · 1 ba · 678 sqft · $686 · 0.2 mi | $465,000 | 1 | 1 | 678 | $686 | 0.2 mi |
G 445 Island Avenue 309 Sold 1 bd · 1 ba · 807 sqft · $556 · 0.4 mi | $449,000 | 1 | 1 | 807 | $556 | 0.4 mi |
H 253 10th Ave 733 Sold 1 bd · 1 ba · 808 sqft · $532 · 0.2 mi | $429,999 | 1 | 1 | 808 | $532 | 0.2 mi |
I 1150 J Street 210 Active 1 bd · 1 ba · 735 sqft · $597 · 0.1 mi | $439,000 List Price | 1 | 1 | 735 | $597 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004, the property is 22 years old. While the description notes it is beautifully maintained and move-in ready, the kitchen and finishes reflect the original 20-plus-year-old construction style (dated cabinetry and granite), placing it in the fair category based on age and lack of recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of East Village, this property offers exceptional walkability to Petco Park, the Gaslamp Quarter, and a wide array of dining and entertainment options.
- Modern Interior Features
The unit boasts a contemporary open floor plan with granite countertops, stainless steel appliances, in-unit laundry, and essential central air conditioning.
- Secure Parking & Amenities
Includes a coveted assigned parking space in a secured underground garage along with resort-style building amenities like a spa and secured access.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 754, other record living area = 933.
- High Monthly Carrying Costs
The monthly association fee of $649 is relatively high for a one-bedroom unit, which may impact overall affordability for some buyers.
- Market Stagnation
With 84 days on the market and multiple price reductions, the property has faced challenges in securing a buyer, suggesting potential overpricing relative to current demand.
About 550 Park Blvd
Welcome to Park Boulevard West, ideally located in the heart of East Village. This beautifully maintained 1-bedroom, 1-bath condominium offers approximately 754 square feet of comfortable living space with an open floor plan, abundant natural light, and a private balcony showcasing city views. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, flowing seamlessly into the spacious living area. The bedroom includes generous closet space, while the unit also offers in-unit laundry, central heating and air conditioning, and one assigned parking space in the secured underground garage. Residents enjoy resort-style amenities including a spa and secured building access. Conveniently located near Petco Park, the Gaslamp Quarter, restaurants, shopping, entertainment, public transit, and major freeways, this home offers the perfect blend of comfort, convenience, and vibrant downtown living.
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
- $649.0 / 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 | 754 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $399.0K | $598.4K |
| Price per sq ft | $529 | $607 |
| Built year | 2004 | 1986 |
| HOA | $649.0 | $536 |
| Days on market | 117 | 58 |
Pricing History
Listed for Sale
Oct 16, 2026
$399,000
$439,000
-9% Price Drop
Initial Listing
Price Change
Sep 22, 2026
$439,000
$455,000
-4% Price Drop
Initial Listing
Price Change
Sep 2, 2026
$455,000
$459,000
-1% Price Drop
Initial Listing
Price Change
Jun 30, 2026
$459,000
Initial Listing
Sold
May 17, 2005
$434,000
Public Record
Sold
Oct 28, 2004
$404,000
Public Record