700 W E St 518, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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San Diego, California 92101
This High-Potential Investment Opportunity is a rare townhome-style condo listed at $745,000, positioned well below the $773,510 Fair Market Value by 3%. This valuation gap provides $28,510 in Instant Equity. Featuring a Good Condition Rating, the unit offers a private rooftop terrace, resort-style amenities, and a prime downtown location. While monthly association fees are significant, the property’s unique outdoor space and walkability offer strong appeal for Buy-and-Hold Investors or Owner-Occupants seeking a luxury urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 W E St 518 Subject | $745,000* List Price | 2 | 2 | 1,204 | $642 | - |
A 700 W E Street 2802 Sold | $850,000 | 2 | 2 | 1,217 | $698 | 0.0 mi |
B 645 Front St 606 Sold | $858,883 | 2 | 3 | 1,295 | $663 | 0.4 mi |
C 645 Front Street 806 Sold | $889,900 | 2 | 3 | 1,295 | $687 | 0.4 mi |
D 701 Kettner Blvd. 100 Sold | $680,000 | 2 | 1 | 1,254 | $542 | 0.1 mi |
E 301 W G St 112 Sold | $760,000 | 2 | 3 | 1,225 | $620 | 0.3 mi |
F 425 W Beech Street 1201 Sold | $692,500 | 2 | 2 | 975 | $710 | 0.4 mi |
G 700 W E St 518 Active | $750,000 List Price | 2 | 2 | 1,204 | $623 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), the property falls within the 10-20 year range for 'Good' condition. The interior features well-maintained hardwood flooring, original high-quality wood cabinetry in the kitchen and baths, and stone countertops. The unit appears move-in ready with functional systems and no visible signs of deferred maintenance.
This rare townhome-style residence features both a walk-out balcony and a private rooftop terrace, providing significant outdoor living area that is highly uncommon for high-rise urban condominiums.
Located on the same level as Electra’s resort-style facilities, the home offers effortless, doorstep access to the pool, fitness center, and sauna, effectively extending the living space into the building's luxury common areas.
Situated in the iconic Electra tower, the property boasts a walkability score that puts Little Italy’s culinary scene, Seaport Village, and the Gaslamp Quarter within easy reach.
The association fee of $1,806.88 per month is substantial, which may impact buyer affordability and reduce the overall investment yield compared to other downtown options.
The property is zoned for schools with relatively low ratings, such as Perkins Elementary and Memorial Scholars & Athletes, which may be a deterrent for families prioritizing educational excellence.
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!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.6 mi
Grades K-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,204 | 1,107 | 56% |
| Lot Size | - | - | 50% |
| Price | $745.0K | $750.0K | 49% |
| Price per sq ft | $619 | $692 | 33% |
| Built year | 2007 | 2005 | 67% |
| HOA | $1806.88 | $902 | 90% |
| Days on market | 20 | 146 | 7% |
May 27, 2026
$745,000
Initial Listing
May 24, 2024
$765,000
Public Record
Jun 20, 2017
$630,000
Public Record
Oct 24, 2016
$609,000
Public Record
Nov 2, 2011
$502,500
Public Record
Jan 17, 2008
$735,500
Public Record