620 State Street 116, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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620 State Street 116
San Diego, California 92101
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
735Sq Ft
0Lot Size
Property Price
LIST PRICE$505,000
EST. MARKET VALUE
$505,000
SUMMARY
This Condominium is a Strong Value Opportunity, listed at $505,000—positioned at its $505,000 Fair Market Value. Featuring a Mint Condition Rating with recent high-quality renovations, including new LVP flooring and a modern bathroom, this unit requires zero immediate capital expenditure. Residents benefit from low HOA dues and premium amenities like a spa and BBQ area. Located in the heart of the Marina District, this property offers an ideal urban lifestyle for Buy-and-Hold Investors or first-time buyers seeking a turnkey, low-maintenance residence.
Estimated Market Value
$505,000
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 |
|---|---|---|---|---|---|---|
★ 620 State Street 116 Subject 1 bd · 1 ba · 735 sqft · $687 | $505,000* List Price | 1 | 1 | 735 | $687 | - |
A 620 State St 317 Sold 1 bd · 1 ba · 735 sqft · $728 · 0.0 mi | $535,000 | 1 | 1 | 735 | $728 | 0.0 mi |
B 620 State St 115 Sold 1 bd · 1 ba · 735 sqft · $733 · 0.0 mi | $539,000 | 1 | 1 | 735 | $733 | 0.0 mi |
C 850 State 427 Sold 1 bd · 1 ba · 824 sqft · $647 · 0.1 mi | $533,500 | 1 | 1 | 824 | $647 | 0.1 mi |
D 330 J Street 611 Sold 2 bd · 2 ba · 836 sqft · $628 · 0.4 mi | $525,000 | 2 | 2 | 836 | $628 | 0.4 mi |
E 101 Market St. 408 Sold 1 bd · 1 ba · 691 sqft · $695 · 0.2 mi | $479,900 | 1 | 1 | 691 | $695 | 0.2 mi |
F 221 Island 503 Sold 1 bd · 2 ba · 778 sqft · $731 · 0.3 mi | $569,000 | 1 | 2 | 778 | $731 | 0.3 mi |
G 701 Kettner Boulevard 218 Sold 1 bd · 2 ba · 1,017 sqft · $610 · 0.2 mi | $620,000 | 1 | 2 | 1,017 | $610 | 0.2 mi |
H 445 Island Avenue 309 Sold 1 bd · 1 ba · 807 sqft · $556 · 0.4 mi | $449,000 | 1 | 1 | 807 | $556 | 0.4 mi |
I 500 W Harbor Drive Active 1 bd · 1 ba · 726 sqft · $785 · 0.1 mi | $570,000 List Price | 1 | 1 | 726 | $785 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1989, the unit has undergone a high-quality renovation within the last 5 years. It features modern LVP flooring, a fully updated bathroom with a new vanity and black hardware, new stackable laundry appliances, and a recently replaced A/C system. The interior is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Positioned as the lowest-priced condo in San Diego’s prestigious Marina District, this property offers a rare entry-level opportunity into a high-demand luxury neighborhood.
- Competitive Carrying Costs
The residence features the lowest HOA dues in the Marina District, providing significant long-term savings and making it an attractive option for both primary residents and investors.
- Prime Urban Walkability
Located in a walker’s paradise, the property is steps away from Seaport Village, the waterfront, and the Gaslamp Quarter, offering unparalleled access to premier dining and entertainment.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 62 days on the market and three consecutive price reductions, the property has faced challenges in securing a buyer, suggesting potential concerns regarding its initial valuation or condition.
- Ground-Floor Privacy
As a ground-floor unit in a dense downtown environment, the residence may experience higher levels of street noise and reduced privacy compared to upper-level units in the same complex.
About 620 State Street 116
THE LOWEST-PRICED CONDO IN SAN DIEGO’S MARINA DISTRICT — WITH THE LOWEST HOA DUES IN THE MARINA! An incredible opportunity to own in one of Downtown San Diego’s most desirable neighborhoods at an exceptional value. Welcome to Columbia Place and this spacious ground-floor 1-bedroom, 1-bath residence offering 735 square feet of comfortable, low-maintenance living. The open and functional floor plan features easy ground-floor access, new A/C, and one assigned parking space in the secure underground garage. Residents of Columbia Place enjoy community amenities including a fitness room, relaxing spa and BBQ areas — all while keeping HOA dues remarkably low for the Marina District. The location is hard to beat. Step outside and enjoy the best of Downtown San Diego with the waterfront, Seaport Village, restaurants, shopping, entertainment and parks nearby, plus convenient access to Little Italy and the Gaslamp Quarter. Whether you’re searching for a primary residence, second home, or Downtown San Diego investment, this is a rare opportunity to enter the Marina District at the lowest current condo price with the lowest HOA dues in the neighborhood. Downtown lifestyle. Marina District address. Exceptional value. Come see why Unit 116 stands out.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $796.0 / Month
Neighborhood Insights
San Diego Unified Schools
Washington Elementary School
Grades K-5 • 0.8 mi
5/10
Sherman Elementary School
Grades K-5 • 1.4 mi
5/10
Perkins Elementary School
Grades K-8 • 1.3 mi
3/10
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 | 735 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $505.0K | $598.4K |
| Price per sq ft | $687 | $607 |
| Built year | 1989 | 1986 |
| HOA | $796.0 | $536 |
| Days on market | 79 | 58 |
Pricing History
Listed for Sale
Oct 8, 2026
$505,000
$519,000
-3% Price Drop
Initial Listing
Price Change
Sep 23, 2026
$519,000
$529,000
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$529,000
$549,000
-4% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$549,000
Initial Listing
Sold
Dec 12, 2000
$212,000
Public Record
Sold
Feb 18, 2000
$170,000
Public Record