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

950 6th Avenue 437, San Diego, California 92101 home-pic-0
ACTIVE$595,000
950 6th Avenue 437, San Diego, California 92101
1Bed
1Bath
1,218Sqft
10,027Lot
Year Built
1960
Close
-
List price
$595K
Original List price
$649K
Price/Sqft
$489
HOA
$859
Days on market
-
Sold On
-
MLS number
GD24241186
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $595.0K(37th), sqft - 1218(64th), beds - 1(44th), baths - 1(41th).

Nestled in the heart of downtown San Diego, this magnificent loft presents a unique opportunity to live in the iconic Samuel Fox Building. Boasting a generous open layout and awe-inspiring 18-foot ceilings, this residence seamlessly blends timeless historical charm with contemporary features.The oversized kitchen includes upgraded stainless steel appliances, granite countertops, a large island bar and an adjacent dining area for entertaining guests. The living room provides an inviting place to entertain while the bedroom, thoughtfully located at the opposite end of the unit, offers privacy and tranquility. It effortlessly connects to a generous walk-in closet and a luxurious bathroom, featuring dual oversized vanity sinks and a private water closet for added convenience. The building features a large rooftop patio with panoramic 360-degree views of the downtown skyline and beyond. The built-in grill and ample seating are perfect for hosting evening parties or simply relaxing while enjoying one of the best views in the city. Because the building falls under the Mills Act (valid for 10 years starting November 2023), property taxes will remain BELOW market value through 2032. Additional amenities include an in-unit stackable washer and dryer, new (2024) energy efficient HVAC system, surround sound wiring, smart home features including smart door lock and smoke/CO2 detectors, and a stunning mural by San Diego artist Maxx Moses. Unit comes with a dedicated underground parking space. NOTE garage height clearance is 70 inches. This property is FSBO.

Condition Rating
Excellent

Despite being built in 1960, this loft has undergone extensive and very recent renovations. The description explicitly states a new (2024) energy-efficient HVAC system, which is a major system replacement within the last year. The kitchen features upgraded stainless steel appliances, granite countertops, and a large island, all appearing modern and in excellent condition in the images. The bathroom is luxurious with dual oversized vanity sinks, modern fixtures, and unique pebble flooring, also appearing recently updated and pristine. Hardwood floors are throughout, and smart home features are integrated. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within 5 years.
Pros & Cons

Pros

Mills Act Tax Savings: Significant property tax reduction through 2032 due to the Mills Act, offering substantial long-term financial benefits for the owner.
Iconic Downtown Location & Historic Charm: Prime location in the heart of downtown San Diego within the iconic Samuel Fox Building, blending historical character with urban convenience and walkability.
Spacious & Upgraded Loft Interior: Features an expansive open layout with impressive 18-foot ceilings, an oversized, upgraded kitchen with granite and stainless steel, and a luxurious master bath, providing a high-end living experience.
Premium Rooftop Amenities & Views: Access to a large rooftop patio with panoramic 360-degree city views, built-in grill, and ample seating, ideal for entertaining and relaxation.
Modern Systems & Dedicated Parking: Equipped with a new (2024) energy-efficient HVAC system, smart home features, in-unit laundry, and a valuable dedicated underground parking space.

Cons

Substantial Monthly Association Fee: The $859.0 monthly association fee is relatively high, impacting the overall affordability and carrying costs of the property.
Restricted Parking Clearance: The dedicated underground parking space has a limited height clearance of 70 inches, which may not accommodate all vehicle types, particularly larger SUVs or trucks.
For Sale By Owner (FSBO) Status: The FSBO listing may require buyers to navigate the transaction without a seller's agent, potentially complicating negotiations or due diligence processes.

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