
San Diego, California 92101
This Sophisticated Industrial Loft represents a Prime Investment Opportunity, listed at $1,350,000—positioned well below the $1,395,930 Fair Market Value by 3%. This valuation gap provides $45,930 in Instant Equity. Featuring an Excellent Condition Rating, the residence showcases Studio Becker cabinets, Sub Zero appliances, and exposed brick walls. With its 1,951 sqft split floorplan and north-facing city views, this property offers a rare blend of authentic character and modern luxury, ideal for Buy-and-Hold Investors or Owner-Occupants seeking a premium downtown lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Island Ave 302 Subject | $1,350,000* List Price | 2 | 2 | 1,951 | $715 | - |
A 877 Island Avenue 701 Sold | $1,285,000 | 1 | 2 | 1,538 | $836 | 0.0 mi |
B 555 Front St 1304 Sold | $1,235,000 | 2 | 2 | 1,544 | $800 | 0.4 mi |
C 200 W Harbor Drive 2501 Sold | $950,000 | 2 | 2 | 1,572 | $604 | 0.3 mi |
D 877 Island Ave 203 Active | $999,000 List Price | 1 | 2 | 1,603 | $623 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (23 years old), the property is exceptionally well-maintained and move-in ready. The gourmet kitchen features high-end Studio Becker cabinetry and a Sub Zero refrigerator, which elevates the condition. While the bathrooms appear to be original to the construction and slightly dated, the overall industrial loft aesthetic with oak hardwoods and exposed brick remains in functional, high-quality condition.
The property features iconic loft elements including exposed brick walls, soaring 10-foot ceilings, and exposed ductwork, providing a rare and highly sought-after 'Manhattan-style' character in Downtown San Diego.
With over 1,900 square feet, this residence offers a generous split floorplan for maximum privacy, a flexible third sleeping option via a Murphy bed, and a rare oversized in-unit laundry room.
The unit is equipped with premium Studio Becker cabinetry and a Sub Zero refrigerator, while the building provides luxury services including a 24-hour concierge, security, and a well-appointed fitness center.
The monthly association fee of $1,044 is substantial, which may deter budget-conscious buyers and impacts the overall monthly cost of ownership.
Located on the 3rd floor in the heart of Downtown, the unit may be more susceptible to street-level noise and activity compared to higher-floor units in the building.
Introducing over 1,900 square feet of living space in Downtown San Diego's most iconic loft building, Parkloft. Flooded with natural light from oversized stain-grade Pella windows, this open and airy residence showcases solid oak hardwood floors, soaring 10-foot ceilings, exposed ductwork, and brick walls that embody timeless loft style & authentic industrial character. The gourmet kitchen features Studio Becker cabinets, black granite countertops and a Sub Zero fridge. Elegant French doors open to a private balcony with gas hookup for grilling while overlooking serene treetop and north-facing city views. The home features a desirable split floorplan, with two bedrooms positioned on opposite ends of the residence to ensure optimal privacy. A thoughtfully designed Murphy bed provides a flexible third sleeping option for guests, while custom barn doors offer both privacy and an open feel. The spacious layout also includes an oversized in-unit laundry room, a rare convenience in condo living. Parkloft residents enjoy a well appointed fitness center; 24-hour concierge and security services; on-site management; and a serene landscaped courtyard with ambient fire features, BBQ’s and a club house with a kitchenette. Developed by Douglas Wilson Companies (developer of Symphony Towers), Parkloft embodies the timeless sophistication of Manhattan-style loft living, with a seamless balance of historic brick craftsmanship and modern elegance. Crafted of poured-in-place concrete and timeless brick, this 11-story boutique building features a limited collection of 120 residences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,951 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $1.35M | $604.2K |
| Price per sq ft | $692 | $618 |
| Built year | 2003 | 1985 |
| HOA | $1044.0 | $500 |
| Days on market | 40 | 53 |
Jun 12, 2026
$1,350,000
Initial Listing
Apr 9, 2018
$857,500
Public Record
Aug 9, 2012
$595,000
Public Record
Aug 26, 2005
$900,000
Public Record
Jul 17, 2003
$705,000
Public Record