550 Park Boulevard 2306, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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San Diego, California 92101
This 1-bedroom condominium represents a High-Potential Investment Opportunity, listed at $500,000—positioned above the $453,187 Fair Market Value by -10%. While the unit features a Fair Condition Rating with modern granite countertops and stainless steel appliances, the high association fees and lower-rated local schools suggest a focus on rental yield over long-term appreciation. Its prime East Village location near Petco Park ensures consistent demand. This asset is best suited for Buy-and-Hold Investors or urban professionals seeking a central city residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 Park Boulevard 2306 Subject | $500,000* List Price | 1 | 1 | 738 | $614 | - |
A 525 11th Avenue 1501 Sold | $545,000 | 1 | 1 | 863 | $632 | 0.0 mi |
B 1050 Island Avenue 711 Sold | $580,000 | 1 | 1 | 814 | $713 | 0.1 mi |
C 525 11th Avenue 1122 Sold | $450,000 | 1 | 1 | 689 | $653 | 0.0 mi |
D 445 Island Avenue 309 Sold | $449,000 | 1 | 1 | 807 | $556 | 0.4 mi |
E 1050 Island Avenue 513 Sold | $385,000 | 0 | 1 | 603 | $638 | 0.1 mi |
F 1465 C St. 3311 Sold | $360,000 | 1 | 1 | 721 | $499 | 0.4 mi |
G 1050 Island Ave 422 Sold | $580,000 | 1 | 1 | 894 | $649 | 0.0 mi |
H 253 10th Avenue 333 Sold | $450,000 | 1 | 1 | 808 | $557 | 0.2 mi |
I 1150 J Street 311 Active | $449,900 List Price | 1 | 1 | 735 | $612 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category based on age. While the unit is well-maintained with updated stainless steel appliances and wood-style flooring, the kitchen cabinetry and bathroom fixtures are original to the construction and appear dated by modern standards.
Situated in the heart of San Diego's vibrant East Village, this property offers exceptional walkability to Petco Park, the Gaslamp Quarter, and a wide array of dining and transit options.
The unit features high-quality upgrades including granite countertops, stainless steel appliances, gas cooking, and wood-style flooring, providing a contemporary and move-in-ready aesthetic.
The 738 sq. ft. floor plan is thoughtfully designed with an open layout, in-unit laundry, a private balcony with city views, and a spacious walk-in closet with custom built-ins.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38768, other record lot size in square feet = 38864.
The association fee of $649 per month is relatively high for a one-bedroom unit, which may impact overall affordability and investor cap rates.
The local public schools assigned to this address have low ratings (ranging from 3 to 5), which could deter families and potentially limit long-term appreciation compared to other neighborhoods.
Welcome to Park Boulevard West in the heart of East Village. This bright 1-bedroom, 1-bath condominium offers approximately 738 sq. ft. of thoughtfully designed living space with an open layout, warm wood-style flooring, arched doorways, and a private balcony overlooking the city energy below. The kitchen features granite countertops, stainless steel appliances, gas cooking, generous cabinetry, and a seamless flow into the living area. Enjoy the convenience of in-unit laundry, a spacious walk-in closet with built-ins, central comfort, and a full bath with granite vanity and tub/shower combo. Just moments from Petco Park, Gaslamp, restaurants, coffee shops, transit, and downtown nightlife, this home is ideal for city living, a second home, or an investment opportunity with downtown sparkle.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 738 | 999 |
| Lot Size | 38,768.398 | 84,697.5 |
| Price | $500.0K | $604.2K |
| Price per sq ft | $678 | $618 |
| Built year | 2004 | 1985 |
| HOA | $649.0 | $500 |
| Days on market | 20 | 53 |
Jul 2, 2026
$500,000
Initial Listing
Nov 3, 2021
$420,000
Public Record
Sep 30, 2004
$357,000
Public Record