RealKey
‪(213) 433-7766‬

850 Beech Street 1901, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath

850 Beech Street 1901, San Diego, California 92101 home-pic-0
ACTIVE$1,125,000
850 Beech Street 1901, San Diego, California 92101
2Beds
2Baths
1,519Sqft
40,052Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Luxury Building Amenities: The Discovery at Cortez Hill offers an extensive array of high-end amenities including a 24-hour concierge, state-of-the-art fitness center, steam room, sauna, rooftop lap pool, spa, barbecues, fire-pit, outdoor dining, bicycle room, business center, conference room, deeded storage, and two secure underground parking spaces, providing a resort-like lifestyle.
Top Cons:
High Monthly Association Fees: The association fee of $1129.0 per month is substantial and could be a significant ongoing cost for potential buyers, potentially impacting affordability and resale value for some.

Compared to the nearby listings

Price:$1.12M vs avg $699.0K (+$426,000)81%
Size:1,519 sqft vs avg 1,056 sqft85%
Price/sqft:$741 vs avg $69460%

More Insights

Built in 2002 (23 years old).
Condition: Built in 2002, this property is 22 years old, placing it outside the 'Excellent' category based on age alone. However, the description and images clearly indicate extensive, high-quality renovations. The kitchen features sleek Italian porcelain countertops, custom cabinetry, and top-tier stainless steel appliances, all appearing modern and in excellent condition. Bathrooms are spa-inspired with dual marble vanities, soaking tubs, and walk-in showers, reflecting a recent, luxurious update. Flooring is honed travertine, and lighting is statement/modern. While the property has been extensively updated to a very high standard, the lack of explicit mention of a central cooling system (a noted weakness in the analysis) and the age of the building's core systems (even if well-maintained) prevent it from being classified as 'Excellent' (which typically implies new construction or renovation within 5 years). It is, however, move-in ready with no immediate renovation required and boasts high-end finishes throughout, aligning perfectly with the 'Good' criteria.
Year Built
2002
Close
-
List price
$1.13M
Original List price
$1.29M
Price/Sqft
$741
HOA
$1,129
Days on market
-
Sold On
-
MLS number
PTP2507940
Home ConditionGood
Features
Excellent View: Bay, Bridge(s), City Lights, Park/Greenbelt, Hills, Landmark, Mountain(s), Neighborhood, Panoramic, Pool
Deck
ViewBay,Bridge(s),City Lights,Park/Greenbelt,Hills,Landmark,Mountain(s),Neighborhood,Panoramic,Pool

About this home

Experience the height of modern elegance in this impeccably designed 2Br 2Ba residence with den, offering the perfect blend of style and urban sophistication. Discovery at Cortez Hill is a contemporary full service luxury building offering residents comfort, convenience, and security. Expansive open-plan living areas flow seamlessly across honed travertine floors, illumilnated by statement lighting and spectacular views framed by floor to ceiling windows with automated roll-down shades and a beautiful gas fireplace. Entertain guests at the elegant bar or move to the private balcony with views of Balboa Park and the beautiful mountains to the east. Peek bay views to the west and south add to the ambiance. The chef’s kitchen is both beautiful and functional, featuring sleek Italian porcelain countertops, custom cabinetry, and top-tier stainless steel appliances; an entertainer’s dream that anchors the home’s refined aesthetic. The serene primary suite invites relaxation with blackout shades and drapes, for a restful night's sleep and a spa-inspired bath with dual marble vanity, soaking tub, walk-in shower and generous storage. The 2nd bedroom and bath provides comfort for family or guests while the versatile den provides the ideal setting for a home office, media lounge, or creative space. An in-unit laundry and walk-in pantry provide storage and convenience. The building features 24-hour concierge, a state of the art fitness center with separate weight room and cardio equipment, steam room, and sauna. The rooftop lap pool, spa, barbecues, fire-pit, and outdoor dining area are like living at a private resort. A bicycle room, business center, conference room, deeded storage and 2 secure side by side underground parking spaces round out the building amenities. This residence delivers an effortless lifestyle in one of the quietest downtown neighborhoods; placing the best of urban living, fine dining, and vibrant culture right at your doorstep.

Condition Rating
Good
Built in 2002, this property is 22 years old, placing it outside the 'Excellent' category based on age alone. However, the description and images clearly indicate extensive, high-quality renovations. The kitchen features sleek Italian porcelain countertops, custom cabinetry, and top-tier stainless steel appliances, all appearing modern and in excellent condition. Bathrooms are spa-inspired with dual marble vanities, soaking tubs, and walk-in showers, reflecting a recent, luxurious update. Flooring is honed travertine, and lighting is statement/modern. While the property has been extensively updated to a very high standard, the lack of explicit mention of a central cooling system (a noted weakness in the analysis) and the age of the building's core systems (even if well-maintained) prevent it from being classified as 'Excellent' (which typically implies new construction or renovation within 5 years). It is, however, move-in ready with no immediate renovation required and boasts high-end finishes throughout, aligning perfectly with the 'Good' criteria.
Pros & Cons

Pros

Luxury Building Amenities: The Discovery at Cortez Hill offers an extensive array of high-end amenities including a 24-hour concierge, state-of-the-art fitness center, steam room, sauna, rooftop lap pool, spa, barbecues, fire-pit, outdoor dining, bicycle room, business center, conference room, deeded storage, and two secure underground parking spaces, providing a resort-like lifestyle.
Panoramic Views & Private Balcony: The residence boasts spectacular views framed by floor-to-ceiling windows, including Balboa Park, mountains to the east, and peek bay views to the west and south, complemented by a private balcony perfect for entertaining.
High-End Interior Finishes & Design: Featuring an impeccably designed open-plan layout with honed travertine floors, statement lighting, automated roll-down shades, a gas fireplace, a chef’s kitchen with Italian porcelain countertops, custom cabinetry, top-tier stainless steel appliances, and a spa-inspired primary bath with dual marble vanity, soaking tub, and walk-in shower.
Versatile Den & Functional Layout: The property includes a versatile den ideal for a home office, media lounge, or creative space, along with convenient in-unit laundry and a walk-in pantry, enhancing its functionality and appeal.
Prime Downtown Location: Situated in one of downtown San Diego's quietest neighborhoods, the location offers an effortless urban lifestyle with fine dining, vibrant culture, and city attractions right at the doorstep.

Cons

High Monthly Association Fees: The association fee of $1129.0 per month is substantial and could be a significant ongoing cost for potential buyers, potentially impacting affordability and resale value for some.
Significant Price Reduction: The property has undergone a notable price reduction from its original list price of $1,295,000 to $1,125,000, which may suggest an initial overvaluation or market resistance.
Lack of Explicit Cooling System: While the description highlights a gas fireplace and automated shades, there is no explicit mention of a central air conditioning or cooling system, which could be a drawback for comfort during warmer months in a luxury unit.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state