850 Beech Street, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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San Diego, California 92101
This high-rise residence at Discovery represents a Strong Value Opportunity, listed at a List Price of $739,000—positioned well below the $676,611 Fair Market Value by -9%. While the unit maintains a Condition Rating of 4, the dated finishes provide a clear path for value-add modernization. Featuring Panoramic City and Bay Views, Resort-Style Amenities, and Two Deeded Parking Spaces, this property offers a premium urban lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential downtown asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 850 Beech Street Subject | $739,000* List Price | 2 | 2 | 1,133 | $597 | - |
A 2400 5th Avenue 225 Sold | $770,000 | 2 | 2 | 1,107 | $696 | 0.7 mi |
B 1400 Broadway 1505 Sold | $660,000 | 3 | 2 | 1,215 | $543 | 0.5 mi |
C 1480 Broadway Sold | $634,900 | 3 | 2 | 1,338 | $475 | 0.5 mi |
D 801 W W Hawthorn St 203 Sold | $620,000 | 2 | 3 | 1,018 | $609 | 0.6 mi |
E 1441 9th Avenue 901 Sold | $850,000 | 2 | 2 | 1,235 | $688 | 0.1 mi |
F 1441 9th Avenue 607 Sold | $699,900 | 2 | 2 | 1,241 | $564 | 0.1 mi |
G 850 Beech Street 1404 Active | $749,000 List Price | 2 | 2 | 1,133 | $661 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old and appears to retain its original builder-grade finishes. While the unit is well-maintained and features functional systems like central AC, the kitchen cabinetry and tiled bathroom surfaces are dated and exceed the 20-year threshold for modern updates.
The Discovery building offers an elite amenity package, including a 10th-floor rooftop pool, spa, fitness center, and 24-hour security, providing a full-service luxury living experience.
Positioned on the 14th floor, this residence captures sweeping views of the San Diego Bay and city lights, significantly enhancing the property's aesthetic appeal and market value.
The unit includes two deeded underground parking spaces, a premium feature in Downtown San Diego that adds substantial convenience and long-term resale value.
The monthly HOA fee of $1,257 is considerably high, which may deter some buyers and affects the monthly carrying cost compared to other downtown options.
Built in 2003, the property may require interior modernizations to align with the contemporary standards of newer luxury high-rises in the surrounding area.
Wake up above the city in Residence 1404 at Discovery in Cortez Hill. This high-rise home offers sweeping city and bay views in one of Downtown San Diego’s most established residential communities. The open-concept floor plan flows seamlessly from kitchen to living area and out to a private balcony, ideal for indoor-outdoor living. Features include contemporary finishes, in-home laundry, central air conditioning, and a fireplace for added comfort. Discovery offers resort-style amenities including a landscaped courtyard surrounded by trees and greenery that creates a serene garden-like setting, 10th-floor rooftop terrace with lap pool, spa, sun deck, cabanas, and BBQ areas. Residents also enjoy a fully equipped fitness center, steam room and sauna, community lounge with kitchen, conference room, business center, full-time concierge, 24-hour security, and secured underground parking with two deeded spaces. Located in the tree-lined neighborhood of Cortez Hill, you are minutes from Little Italy, Gaslamp Quarter, East Village, Balboa Park, the bayfront, and Petco Park. Convenient freeway access to I-5 and 163 provides an easy commute to San Diego International Airport, Mission Valley, and local beaches. Lock-and-leave convenience meets elevated downtown living at Discovery.
No exterior & parking available.
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 | 1,133 | 1,103 | 53% |
| Lot Size | - | - | 50% |
| Price | $739.0K | $749.0K | 49% |
| Price per sq ft | $652 | $688 | 41% |
| Built year | 2003 | 2004 | 37% |
| HOA | $1257.0 | $897 | 71% |
| Days on market | 23 | 145 | 7% |
May 22, 2026
$739,000
Initial Listing
Aug 11, 2017
$810,000
Public Record
Nov 29, 2006
$702,000
Public Record
Dec 8, 2003
$705,000
Public Record
Sep 11, 2002
$495,000
Public Record