850 State 117, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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850 State 117
San Diego, California 92101
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,282Sq Ft
92,407Lot Size
Property Price
LIST PRICE$749,000
EST. MARKET VALUE
$745,915
SUMMARY
This Turnkey Marina District Condominium is a Strong Value Opportunity, listed at $749,000—positioned slightly above the $735,958 Fair Market Value. While the price reflects the premium location, the property maintains a Condition Rating of 3, featuring a Granite Kitchen and a highly functional Dual Primary Suite Layout. Residents enjoy resort-style amenities, including two pools, a spa, and 24-hour security. With proximity to Washington Elementary and downtown parks, this residence is an ideal acquisition for Owner-Occupants or Urban Professionals seeking a tranquil, move-in ready lifestyle.
Estimated Market Value
$745,915
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 850 State 117 Subject | $749,000* List Price | 2 | 2 | 1,282 | $582 | - |
A 750 State 425 Sold | $795,000 | 2 | 2 | 1,280 | $621 | 0.1 mi |
B 850 State St Sold | $695,000 | 2 | 2 | 1,282 | $542 | 0.0 mi |
C 701 Kettner Blvd. 21 Sold | $829,000 | 2 | 2 | 1,130 | $734 | 0.1 mi |
D 850 State Street 220 Sold | $765,000 | 2 | 2 | 1,282 | $597 | 0.0 mi |
E 701 Kettner Blvd. 100 Sold | $680,000 | 2 | 1 | 1,254 | $542 | 0.1 mi |
F 850 State 427 Sold | $533,500 | 1 | 1 | 824 | $647 | 0.0 mi |
G 701 Kettner Blvd 134 Sold | $750,000 | 2 | 2 | 1,173 | $639 | 0.1 mi |
H 701 Kettner Boulevard 218 Sold | $620,000 | 1 | 2 | 1,017 | $610 | 0.1 mi |
I 750 State St 325 Active | $849,000 List Price | 2 | 2 | 1,282 | $662 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1985, the property has been well-maintained and updated with granite countertops, modern laminate flooring, and contemporary light fixtures. It appears to have undergone a renovation within the 5-15 year range, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Marina District Location
Situated in the prestigious Marina District adjacent to Pantoja Park, the property offers a rare blend of downtown convenience and a tranquil, park-like setting away from the noise of the Gaslamp Quarter.
- Dual Primary Suite Layout
The highly sought-after dual primary bedroom floor plan provides exceptional privacy and flexibility, making it an ideal configuration for roommates, guests, or a professional home office.
- Comprehensive Resort Amenities
Residents benefit from an extensive amenity package including 24-hour security, two pools, a fitness center, and rare guest parking, which is a significant value-add in a dense urban environment.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $948 is substantial and may impact buyer affordability or the overall return on investment compared to other downtown options.
- Building Age
Constructed in 1985, the property and its infrastructure are aging, which may necessitate more frequent maintenance or future capital improvements compared to newer luxury developments.
About 850 State 117
Discover an exceptional opportunity in the prestigious Marina Park community, nestled in the heart of Downtown San Diego's coveted Marina District. This desirable ground-floor residence offers a highly sought-after dual primary bedroom floor plan, creating the perfect balance of comfort, privacy, and flexibility. The beautifully appointed kitchen showcases granite countertops, and generous cabinetry, flowing seamlessly into the inviting living spaces. Step outside to your spacious covered patio overlooking the lush, tranquil courtyard. Marina Park offers resort-inspired amenities including 24-hour security, two pools and spas, fitness center, clubhouse, library, guest parking, and meticulously landscaped grounds. Ideally located adjacent to historic Pantoja Park, perfect for a quick walk with your dog. The vibrant Gaslamp Quarter is just a short walk away, but far enough that Marina Park is still calm and tranquil.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 92,407 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $948.0 / Month
Neighborhood Insights
San Diego Unified Schools
Washington Elementary School
Grades K-5 • 0.7 mi
5/10
Sherman Elementary School
Grades K-5 • 1.4 mi
5/10
Perkins Elementary School
Grades K-8 • 1.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,282 | 1,002.307 |
| Lot Size | 92,407 | 75,574.68 |
| Price | $749.0K | $596.0K |
| Price per sq ft | $584 | $612 |
| Built year | 1985 | 1985 |
| HOA | $948.0 | $529 |
| Days on market | 47 | 55 |
Pricing History
Listed for Sale
Jul 24, 2026
$749,000
Initial Listing
Sold
Mar 28, 2022
$695,000
Public Record
Sold
Nov 21, 2017
$590,000
Public Record
Sold
Jan 13, 2006
$575,000
Public Record
Sold
Jan 10, 2005
$525,000
Public Record