850 State St. 420, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath

850 State St. 420
San Diego, California 92101
Property Price
SUMMARY
Analysis of 850 State St. 420, San Diego, California 92101 is currently available with a list price of $725,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property, built in 1985, has undergone extensive recent renovations. The kitchen features sleek white cabinetry, dark modern countertops, a stylish herringbone backsplash, and new stainless steel appliances, all indicative of a very recent update. Both bathrooms also showcase clean, modern finishes, including updated vanities, fixtures, and tiling, with one even featuring a contemporary backlit LED mirror. The flooring throughout the main living areas is a modern dark wood-look laminate, and the bedrooms have clean, well-maintained carpet. All these elements, combined with fresh paint and modern light fixtures, suggest a comprehensive renovation within the last 5 years, bringing the unit's interior to a virtually new condition, aligning with the 'Excellent' criteria for extensively renovated properties.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of Downtown San Diego's most walkable pocket, offering immediate access to Pantoja Park, Seaport Village, the Convention Center, and the vibrant Gaslamp Quarter.
- Resort-Style Amenities
Residents enjoy access to a comprehensive suite of resort-style amenities including a pool, spa, fitness center, and sauna, enhancing the urban living experience.
- Functional & Private Layout
Features a spacious 2-bedroom, 2-bath split-bedroom floor plan, ideal for privacy, guests, roommates, or a dedicated home office setup.
CONSRISKS & DEFICIENCIES
- High Association Fee
The monthly association fee of $948.0 is substantial and adds significantly to the overall cost of ownership, which may deter some potential buyers.
- Building Age
Constructed in 1985, the building is approaching 40 years old, which could imply potential for older infrastructure or future capital improvement assessments, despite interior unit updates.
- Potential for Urban Noise
Its central downtown location, while a strength for accessibility, inherently exposes the property to typical urban noise levels, which might not suit buyers seeking a quieter environment.
About 850 State St. 420
Welcome to elevated urban living at Marina Park, a spacious 2-bedroom, 2-bath residence in the heart of Downtown San Diego’s most walkable pocket. This thoughtfully designed home features a desirable split-bedroom floor plan, with each bedroom positioned on opposite sides of the unit — ideal for privacy, guests, roommates, or a home office setup. The bright, open living space flows seamlessly into a private balcony with city skyline views, giving you the perfect spot to unwind while taking in the energy of downtown. The updated kitchen shines with stainless steel appliances, sleek cabinetry, and generous counter space, opening directly to the main living and dining areas — perfect for entertaining. A cozy fireplace adds warmth and character, while the in-unit washer and dryer provide everyday convenience. The primary suite offers great storage, and both bathrooms feature clean, modern finishes. Additional highlights include built-ins and functional storage throughout. Location is everything — and this one delivers. Situated next door to Pantoja Park, you have green space right outside your door, while the waterfront at Seaport Village, major events at the San Diego Convention Center, and the dining and nightlife of the Gaslamp Quarter are all just moments away. Residents also enjoy resort-style amenities including a pool, spa, fitness center, and sauna, making it easy to relax and recharge without ever leaving home. Whether you’re looking for a full-time residence, downtown retreat, or investment opportunity, this home combines space, layout, views, amenities, and
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
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
Sherman Elementary School
Grades K-5 • 1.4 mi
Perkins Elementary School
Grades K-8 • 1.4 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 | 1,282 | 1,101 | 69% |
| Lot Size | - | - | 50% |
| Price | $725.0K | $725.0K | 50% |
| Price per sq ft | $566 | $695 | 12% |
| Built year | 1985 | 2004 | 7% |
| HOA | $948.0 | $830 | 63% |
| Days on market | 31 | 180 | 6% |
Pricing History
Listed for Sale
Feb 4, 2026
$725,000
Initial Listing
Sold
Aug 11, 2003
$420,000
Public Record





















