$590,000

Estimated payment $4,520/month

1 Bed
1 Bath
978 Sq Ft
$603 Price per Sq Ft

Highlights

  • Fitness Center
  • Laundry Room
  • Family Room
  • Panoramic View
  • Central Air
  • Community Storage Space

About This Home

Welcome to this beautifully updated residence in the heart of Downtown San Diego. This spacious one-bedroom, one-bath condominium offers a rare and attractive opportunity to convert into a two-bedroom layout, providing exceptional flexibility and added value. The home has been thoughtfully renovated with high-quality improvements, including a brand-new 3-ton HVAC heat pump system ($9,400) for efficient year-round comfort and real wood Levelor 2-inch Venetian blinds installed throughout ($7,800), offering excellent light control and privacy. Additional custom upgrades include a built-in bookcase with a pull-out desk, smartly designed within previously unused closet space—ideal for a home office or study area. The living and dining rooms have been further enhanced with new electrical outlets and color-matched cover plates, creating a clean, cohesive, and polished finish. The open-concept living and dining area is filled with natural light and designed to accommodate multiple layout options, making it ideal for modern urban living. Recent renovations, combined with the functional floor plan, make this home truly move-in ready. Situated in a well-maintained community at 1551 4th Avenue, the property offers unbeatable access to Little Italy, Balboa Park, the Gaslamp Quarter, dining, shopping, and entertainment. Whether you are an owner-occupant or an investor seeking strong upside potential, this turnkey downtown condo delivers style, comfort, and future conversion potential. An exceptional opportunity to own a refined urban home with thoughtful upgrades in one of San Diego’s most desirable locations.

Listing Agent

Ivan Butrus

Palisade Realty, Inc Brokerage Email: Ivanrealtor7@gmail.com License #02126954 Listed on: 12/17/2025

Palisade Realty, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

HOA Fees

  • $777 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Central Air
  • No Heating

Additional Features

  • Exterior Lighting
  • 1 Common Wall

Listing and Financial Details

  • Assessor Parcel Number 5333841732
  • Seller Considering Concessions

Community Details

Overview

  • Master Insurance
  • 77 Units
  • Solara Lofts Association, Phone Number (800) 400-2284

Amenities

Recreation

Property Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

HOA Fees

$777 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5333841732
  • Year Built: 1996
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 978.00
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 4
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 603.27
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Primary Bathroom

Exterior Features

  • View: City Lights, Neighborhood, Panoramic
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Storage, Insurance
  • Association Fee: 777.00
  • Association Fee Frequency: Monthly
  • Association Name: Solara Lofts
  • Phone: 800-400-2284
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.35

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.3500 Square Feet
  • Number Of Units In Community: 77

Tax Info

  • Tax Tract Number: PM1996

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,663 $629,442 $364,140 $265,302
2024 $7,663 $617,100 $357,000 $260,100
2023 $7,513 $600,000 $165,000 $435,000
2022 $7,454 $600,000 $165,000 $435,000
2021 $6,188 $490,000 $135,000 $355,000
2020 $5,926 $470,000 $130,000 $340,000
2019 $5,561 $440,000 $122,000 $318,000
2018 $5,303 $440,000 $122,000 $318,000
2017 $82 $415,000 $116,000 $299,000
2016 $4,997 $415,000 $116,000 $299,000
2015 $4,993 $415,000 $116,000 $299,000
2014 $4,994 $415,000 $116,000 $299,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2025 12/17/25 For Sale $590,000 -2.5% $603 / Sq Ft
01/05/2023 01/05/23 Sold $605,000 -1.6% $619 / Sq Ft View Prior Sale
12/22/2022 12/22/22 Pending -- -- --
12/07/2022 12/07/22 Price Changed $615,000 -2.2% $629 / Sq Ft
11/14/2022 11/14/22 For Sale $629,000 -- $643 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $605,000 Fidelity National Title
Grant Deed $535,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2509179

California Regional Multiple Listing Service (CRMLS)

APN: 533-384-17-32