620 State St 317, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

620 State St 317, San Diego, California 92101 home-pic-0
ACTIVE$599,000
620 State St 317, San Diego, California 92101
1Bed
1Bath
735Sqft
42,936Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Located in Downtown San Diego's desirable Marina District, offering excellent walkability and access to urban amenities.
Top Cons:
High Association Fees: The monthly HOA fee of $710 is substantial for a one-bedroom unit of this size, potentially impacting affordability and net investment returns.

Compared to the nearby listings

Price:$599.0K vs avg $692.5K ($-93,500)38%
Size:735 sqft vs avg 1,046 sqft26%
Price/sqft:$815 vs avg $69476%

More Insights

Built in 1989 (36 years old).
Condition: This unit, built in 1989, has undergone significant updates, including a fully renovated bathroom with modern finishes and a brand-new HVAC system, indicating recent major investments. The kitchen features stainless steel appliances and a contemporary backsplash, though the wood cabinets and solid-surface countertops, while well-maintained, are not the most current style. Hardwood flooring throughout the living areas and bedroom is a desirable feature. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1989
Close
-
List price
$599K
Original List price
$629K
Price/Sqft
$815
HOA
$710
Days on market
-
Sold On
-
MLS number
250023874SD
Home ConditionGood
Features
Good View:
Deck
View-

About this home

This beautifully updated one-bedroom, one-bathroom corner unit in Downtown San Diego's Marina District offers hardwood flooring throughout, a fully renovated bathroom, and a spacious walk-in closet. The kitchen is equipped with stainless steel appliances and wood cabinets, perfect for cooking and entertaining. Enjoy city views from the expansive private balcony, complete with plantation shutters for added privacy. This pet-friendly, VA-approved unit allows flexible 1-month rentals, making it an ideal investment opportunity. Additional features include a brand-new HVAC system, low HOA fees, and a dedicated, secure parking space in a private garage. With more privacy and a prime location in one of Downtown's nicest neighborhoods, this condo is a rare find. Don't miss out on this exceptional opportunity!

Nearby schools

5/10
Washington Elementary School
Public,K-50.8mi
5/10
Sherman Elementary School
Public,K-51.4mi
3/10
Perkins Elementary School
Public,K-81.3mi
3/10
Memorial Scholars & Athletes School
Public,6-82.2mi
5/10
Roosevelt International Middle School
Public,6-82.3mi
Condition Rating
Good

This unit, built in 1989, has undergone significant updates, including a fully renovated bathroom with modern finishes and a brand-new HVAC system, indicating recent major investments. The kitchen features stainless steel appliances and a contemporary backsplash, though the wood cabinets and solid-surface countertops, while well-maintained, are not the most current style. Hardwood flooring throughout the living areas and bedroom is a desirable feature. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Downtown Location: Located in Downtown San Diego's desirable Marina District, offering excellent walkability and access to urban amenities.
Strong Investment Potential: Pet-friendly, VA-approved, and allows flexible 1-month rentals, making it highly attractive for investors seeking rental income.
Modern & Updated Interior: Features hardwood flooring, a fully renovated bathroom, and a kitchen with stainless steel appliances and wood cabinets, requiring minimal immediate updates.
Enhanced Comfort & Convenience: Includes a brand-new HVAC system, a dedicated secure parking space, and an expansive private balcony with city views and plantation shutters.
Corner Unit Privacy: As a corner unit, it offers increased privacy compared to interior units, a desirable feature in a dense urban environment.

Cons

High Association Fees: The monthly HOA fee of $710 is substantial for a one-bedroom unit of this size, potentially impacting affordability and net investment returns.
Compact Living Space: At 735 sqft, the unit offers limited living space, which may not appeal to buyers seeking larger accommodations or those planning to grow into the unit.
Building Age: Built in 1989, the building is over 30 years old. While the unit is updated, the age of the overall structure could lead to higher maintenance costs or future special assessments for common areas.

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