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950 6th Ave 437, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

950 6th Ave 437, San Diego, California 92101 home-pic-0
ACTIVE$535,000
950 6th Ave 437, San Diego, California 92101
1Bed
1Bath
1,218Sqft
Lot

Price Vs. Estimate

The estimated value ($586,270.475) is $51,270.475 (3%) higher than the list price ($535,000). This property may be underpriced.

Key pros and cons

Top Pros:
Significant Tax Savings: The Mills Act designation provides exceptionally low annual property taxes (approx. $2,900), offering substantial long-term financial benefits.
Top Cons:
High Monthly HOA Dues: The association fee of $892.00 per month is substantial, which could be a significant ongoing cost for buyers, despite the included utilities.

Compared to the nearby listings

Price:$535.0K vs avg $692.5K ($-157,500)32%
Size:1,218 sqft vs avg 1,056 sqft64%
Price/sqft:$439 vs avg $6940%

More Insights

Built in 1960 (65 years old).
Condition: This historic loft, while built in 1929/1960, has undergone extensive and very recent high-quality renovations. The description explicitly states a 'chef’s kitchen' with 'high-end appliances (all 1–2 years old)' and a 'new energy-efficient HVAC system (June 2024)'. The images confirm a modern, stylish kitchen with stainless steel appliances, dark granite countertops, contemporary cabinetry, and modern fixtures. Hardwood flooring is consistent throughout, appearing in excellent condition. The overall aesthetic, lighting, and stated upgrades indicate a property that is virtually new in its interior components and meets current quality standards, aligning perfectly with the 'excellent' criteria for a recently renovated property.
Year Built
1960
Close
-
List price
$535K
Original List price
$565K
Price/Sqft
$439
HOA
$892
Days on market
-
Sold On
-
MLS number
250039875SD
Home ConditionExcellent
Features
Excellent View: Bay, City Lights
Deck
ViewBay,City Lights

About this home

Welcome to the historic Samuel Fox Lofts, a 1929 architectural gem offering the perfect blend of character and modern upgrades. This Mills Act property provides significant tax savings—current property tax is only ~$2,900 annually. Inside, you’ll find an open-concept layout with soaring 16-foot ceilings, natural light from a skylight, and a spacious living and dining area designed for entertaining. The chef’s kitchen features a large island, high-end appliances (all 1–2 years old), and a striking mural by renowned local artist Maxx Moses. This stylish loft includes a walk-in closet, in-unit laundry, and a bathroom with double sinks. Recent upgrades include a new energy-efficient HVAC system (June 2024), ensuring year-round comfort. Building amenities include a rooftop patio with BBQ, seating, and panoramic skyline and sunset views. HOA dues cover gas, trash, sewer, and Google Fiber internet. One deeded underground parking space is included. This unique residence blends history, style, and convenience—offering a rare opportunity to own a piece of San Diego’s past with modern luxury living. VA APPROVED!

Condition Rating
Excellent
This historic loft, while built in 1929/1960, has undergone extensive and very recent high-quality renovations. The description explicitly states a 'chef’s kitchen' with 'high-end appliances (all 1–2 years old)' and a 'new energy-efficient HVAC system (June 2024)'. The images confirm a modern, stylish kitchen with stainless steel appliances, dark granite countertops, contemporary cabinetry, and modern fixtures. Hardwood flooring is consistent throughout, appearing in excellent condition. The overall aesthetic, lighting, and stated upgrades indicate a property that is virtually new in its interior components and meets current quality standards, aligning perfectly with the 'excellent' criteria for a recently renovated property.
Pros & Cons

Pros

Significant Tax Savings: The Mills Act designation provides exceptionally low annual property taxes (approx. $2,900), offering substantial long-term financial benefits.
Historic Charm with Modern Upgrades: A 1929 architectural gem, the Samuel Fox Lofts, blends historic character with recent high-end upgrades, including a new energy-efficient HVAC (June 2024) and a chef's kitchen with new appliances.
Unique & Spacious Interior Design: Features an open-concept layout with soaring 16-foot ceilings, natural light from a skylight, and a striking mural by a renowned local artist, creating a distinctive living experience.
Comprehensive Amenities & Inclusions: Building amenities include a rooftop patio with panoramic skyline and sunset views, a deeded underground parking space, and HOA dues covering gas, trash, sewer, and Google Fiber internet.
VA Approved & Prime Location: The property is VA approved, expanding the potential buyer pool, and is ideally located in the desirable downtown San Diego area.

Cons

High Monthly HOA Dues: The association fee of $892.00 per month is substantial, which could be a significant ongoing cost for buyers, despite the included utilities.
Loft-Style Living Limitations: The open-concept, loft layout with 16-foot ceilings may not suit all buyers who prefer traditional bedroom separation and greater privacy.
Recent Price Reduction: The property has undergone a price reduction from $565,000 to $535,000, which might suggest initial overpricing or a longer market time than expected.

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