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700 Front Street 1402, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath

700 Front Street 1402, San Diego, California 92101 home-pic-0
ACTIVE$2,249,950$1,940/sqft
700 Front Street 1402, San Diego, California 92101
2Beds
2Baths
1,940Sqft
59,761Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Ocean & City Views: The residence offers captivating 180-degree views spanning from the coast of Mexico to beyond Point Loma, visible from nearly every room, significantly enhancing its appeal and value.
Top Cons:
High Monthly Association Fees: The association fee of $2,275.00 per month is exceptionally high, adding a significant ongoing cost to ownership that could deter some potential buyers.

Compared to the nearby listings

Price:$2.25M vs avg $725.0K (+$1,524,950)97%
Size:1,940 sqft vs avg 1,051 sqft95%
Price/sqft:$1.2K vs avg $70496%

More Insights

Built in 1986 (40 years old).
Condition: Despite the building's 1986 construction, the unit has been extensively and beautifully remodeled with a sophisticated modern design, as evidenced by the description and images. The chef's kitchen features a waterfall island, high-end stainless steel appliances (including double-drawer dishwashers and a built-in microwave drawer), and striking quartz countertops with a full-height backsplash. The spa-inspired bathrooms boast a wet room concept with a freestanding tub, large walk-in shower with unique veined stone, modern black fixtures, and illuminated vanities. The property also includes engineered hardwood floors, recessed lighting, trimless LED baseboards, built-in Bluetooth speakers, smart-home features like a Nest thermostat, and an updated electric panel. All these elements indicate a very recent, high-quality renovation, meeting current standards with virtually new components and no deferred maintenance.
Year Built
1986
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$1,160
HOA
$2,275
Days on market
-
Sold On
-
MLS number
250046379SD
Home ConditionExcellent
Features
Excellent View: Bay, Bridge(s), City Lights, Coastline, Courtyard, Harbor, Landmark, Marina, Neighborhood, Ocean, Pool, Water
Deck
Pool
Spa
ViewBay,Bridge(s),City Lights,Coastline,Courtyard,Harbor,Landmark,Marina,Neighborhood,Ocean,Pool,Water

About this home

Happy New Year and welcome to a new price improvement at 700 Front Street in the highly sought-after 02 suites at The Meridian, perched on the 14th floor—a rare downtown San Diego residence offering ocean views, parking, doorman, and concierge services. Residents enjoy world-class amenities, white-glove service, and the prestige of living in one of downtown San Diego’s most iconic full-service luxury towers. This refined residence is thoughtfully designed to offer an exceptional living experience, highlighted by captivating 180-degree views spanning from the coast of Mexico to beyond Point Loma, visible from nearly every room. The beautifully remodeled home showcases sophisticated modern design throughout, featuring two primary suites and two balconies. The chef’s kitchen includes a waterfall island with built-in microwave drawer, hidden walk-in pantry and laundry, double-drawer dishwashers, stainless steel appliances, and quartz countertops with a full-height backsplash. Spa-inspired bathrooms feature a wet room with ocean views and privacy glass, illuminated vanities, and designer finishes. Additional highlights include a dry bar with wine refrigerator, custom fireplace, and mirror-accented dining wall ideal for entertaining. Engineered hardwood floors, recessed lighting, trimless LED baseboards, and built-in Bluetooth speakers enhance the contemporary ambiance. Smart-home features include a Nest thermostat, Bluetooth lighting, USB outlets, an updated electric panel, and recessed fire sprinklers—offering modern luxury living at its finest. Residents at The Meridian enjoy 5-star white-glove service, including valet parking, 24/7 concierge, doorman, on-site management, and exclusive amenities such as: 2 deeded parking spots, 52 guest parking space, the Plaza Level consists of the Fitness centers, Heated pool, spa, and sauna, 5 rentable guest suites and the Meridian Room that is available for catered entertainment. EV charging stations, Service elevator and personal storage. Specialty shops and restaurant on the first floor. Experience unmatched comfort, privacy, and sophistication in a building that rivals East Coast grandeur—with the laid-back luxury of San Diego coastal living. Excellent opportunity for buyers and investors seeking long-term capital appreciation in the San Diego market. According to WalletInvestor real estate market research, San Diego home values—including condos—are projected to continue upward over the long term by 2030, reflecting approximately 11.25% potential appreciation over a 5-year horizon. Strong fundamentals, desirable location, and favorable entry point make this a compelling investment or owner-occupied opportunity. Buyer to verify all information.

J
Jason Apple
Listing Agent

Nearby schools

5/10
Washington Elementary School
Public,•K-5•0.8mi
5/10
Roosevelt International Middle School
Public,•6-8•2.1mi

Price History

Date
Event
Price
08/06/24
Sold
$1,300,000
08/06/24
Sold
$1,360,000
03/15/07
Sold
$1,295,000
Condition Rating
Excellent
Despite the building's 1986 construction, the unit has been extensively and beautifully remodeled with a sophisticated modern design, as evidenced by the description and images. The chef's kitchen features a waterfall island, high-end stainless steel appliances (including double-drawer dishwashers and a built-in microwave drawer), and striking quartz countertops with a full-height backsplash. The spa-inspired bathrooms boast a wet room concept with a freestanding tub, large walk-in shower with unique veined stone, modern black fixtures, and illuminated vanities. The property also includes engineered hardwood floors, recessed lighting, trimless LED baseboards, built-in Bluetooth speakers, smart-home features like a Nest thermostat, and an updated electric panel. All these elements indicate a very recent, high-quality renovation, meeting current standards with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Panoramic Ocean & City Views: The residence offers captivating 180-degree views spanning from the coast of Mexico to beyond Point Loma, visible from nearly every room, significantly enhancing its appeal and value.
Extensive Luxury Amenities & Services: Residents benefit from world-class, white-glove services including valet parking, 24/7 concierge, doorman, on-site management, two deeded parking spots, 52 guest parking spaces, fitness centers, heated pool, spa, sauna, rentable guest suites, and EV charging stations.
Fully Remodeled & Modern Interior: The home has been beautifully remodeled with sophisticated modern design, featuring a chef's kitchen with a waterfall island, spa-inspired bathrooms, a dry bar with wine refrigerator, custom fireplace, engineered hardwood floors, and advanced lighting.
Integrated Smart Home Technology: The unit includes modern smart-home features such as a Nest thermostat, Bluetooth lighting, USB outlets, an updated electric panel, and recessed fire sprinklers, offering contemporary convenience.
Strong Investment Potential: The property presents an excellent opportunity for long-term capital appreciation, with San Diego home values projected to continue upward by approximately 11.25% over a 5-year horizon, according to market research.

Cons

High Monthly Association Fees: The association fee of $2,275.00 per month is exceptionally high, adding a significant ongoing cost to ownership that could deter some potential buyers.
Building Age: Built in 1986, the building is nearly 40 years old. While the unit is remodeled, the age of the overall structure and its systems could potentially lead to higher maintenance costs or special assessments in the future.
Urban Density & Potential Noise: Located in a bustling downtown area, the property may experience higher levels of urban noise and density, which might not appeal to all buyers seeking a quieter residential environment, despite the luxury and views.
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