700 W E St 518, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
700 W E St 518
San Diego, California 92101
Property Price
SUMMARY
Analysis of 700 W E St 518, San Diego, California 92101 is currently available with a list price of $750,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2007, this property is 17 years old, placing it within the 'Good' category's age range. The interior, including the kitchen and bathrooms, features contemporary finishes such as hardwood floors, granite countertops, and stainless steel appliances, all appearing well-maintained and move-in ready. While the kitchen cabinetry and granite might not be the absolute latest trend, they are functional and in good condition, requiring no immediate updates. The overall aesthetic is clean and modern, with minimal wear and tear visible in the images. The building's amenities also appear to be in excellent, well-maintained condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Perfectly positioned in the heart of San Diego, offering unparalleled access to Little Italy, Seaport Village, and the vibrant Gaslamp Quarter, enhancing lifestyle and potential rental appeal.
- Unique Townhome-Style with Private Outdoor Space
A rare townhome-style condo within an iconic high-rise, featuring a walk-out balcony and a private rooftop terrace, providing exclusive outdoor living and entertaining options.
- Direct Access to Resort-Style Amenities
Located on the same level as Electra’s extensive amenities, including a pool, hot tub, sauna, steam room, BBQ area, and state-of-the-art fitness center, offering effortless luxury living.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The association fee of $1,686.71 per month is substantial and could be a significant barrier for some buyers, impacting affordability and long-term ownership costs.
- Recent Price Reductions & Motivated Seller
The listing explicitly states 'MOTIVATED SELLER!' and shows multiple price reductions from the original list price of $800,000 to $750,000, which may suggest perceived overpricing or difficulty attracting buyers.
- Potential for Urban Noise and Congestion
While the downtown location is a strength, living in the heart of a major city inherently comes with increased urban noise, traffic, and density, which may not appeal to all buyers seeking a quieter environment.
About 700 W E St 518
MOTIVATED SELLER! Tucked within the iconic Electra tower, this rare townhome-style condo blends high-rise luxury with the feel of a private garden retreat. Thoughtfully designed, the home features sleek modern finishes, an inviting walk-out balcony, and a rare private rooftop terrace - perfect for morning coffee, sunset lounging, or entertaining! Set amid lushly landscaped greenery, this residence sits on the same level as Electra’s full suite of resort-style amenities. From the sparkling pool and hot tub to the sauna, steam room, BBQ area, and state-of-the-art fitness center, everything is just steps from your door - effortless living, elevated. Perfectly positioned close to San Diego’s most beloved neighborhoods—including Little Italy, Seaport Village, and the vibrant Gaslamp Quarter—this home offers timeless elegance in the heart of the city. Perfectly positioned close to the best of Downtown—from Little Italy’s culinary scene to the waterfront charm of Seaport Village and the energy of the Gaslamp Quarter—this home offers timeless elegance in the heart of the city!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1686.71 / Month
Neighborhood Insights
San Diego Unified Schools
Washington Elementary School
Grades K-5 • 0.7 mi
Sherman Elementary School
Grades K-5 • 1.6 mi
Perkins Elementary School
Grades K-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,204 | 1,101 | 62% |
| Lot Size | - | - | 50% |
| Price | $750.0K | $739.0K | 52% |
| Price per sq ft | $623 | $695 | 27% |
| Built year | 2007 | 2004 | 71% |
| HOA | $1686.71 | $830 | 91% |
| Days on market | 181 | 181 | 51% |
Pricing History
Listed for Sale
Jan 9, 2026
$750,000
$780,000
-4% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$780,000
$800,000
-2% Price Drop
Initial Listing
Price Change
Sep 7, 2025
$800,000
Initial Listing