Seller's Agent in 2025
Ivan Butrus
Palisade Realty, Inc
(619) 277-8382
1 in this area
46 Total Sales
Solara Lofts 1551 4th Ave Unit 409 San Diego, CA 92101
Cortez Hill NeighborhoodEstimated Value: $568,000 - $590,352
1
Bed
1
Bath
978
Sq Ft
$625/mo
HOA Fee
Highlights
- Fitness Center
- Gated Community
- Sauna
- Gated Parking
- City Lights View
- Balcony
About This Home
As of January 2023Welcome 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, The home is complemented by a very large, dedicated storage unit, offering valuable extra space that enhances functionality and adds to the property’s overall appeal—an uncommon and highly desirable feature in Downtown San Diego. 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.
Property Details
Home Type
- Condominium
Year Built
- Built in 1996
Lot Details
- 0.35
HOA Fees
- $625 Monthly HOA Fees
Parking
- 2 Car Garage
- Gated Parking
Home Design
- Entry on the 1st floor
- Slab Foundation
- Concrete Siding
Interior Spaces
- 978 Sq Ft Home
- Ceiling Fan
- Living Room
- Dining Area
- Storage Room
Kitchen
- Oven or Range
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub
Laundry
- Laundry closet
- Stacked Washer and Dryer
Home Security
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 533-384-17-32
Community Details
Overview
- Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, roof maintenance, sewer, trash pickup
- 77 Units
- Solara Lofts Association, Phone Number (949) 450-0202
- Solara Loft Community
- 8-Story Property
Amenities
- Sauna
Recreation
Pet Policy
- Pets Allowed with Restrictions
Security
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2022
Closed on
Dec 28, 2022
Sold by
Ginzburg Gary
Bought by
Steinberg David E
Seller's Agent
Gina Barnes
Compass
Buyer's Agent
Ivan Butrus
Palisade Realty, Inc
List Price
$629,000
Sold Price
$605,000
Premium/Discount to List
-$24,000
-3.82%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,412
Avg. Annual Appreciation
-1.27%
Purchase Details
Closed on
Jul 10, 2007
Sold by
1515 Partners Llc
Bought by
Ginzburg Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steinberg David E | $605,000 | Fidelity National Title | |
| Ginzburg Gary | $535,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ginzburg Gary | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
| 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: San Diego MLS
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
Agents Affiliated with this Home
-
Ivan Butrus
-
Gina Barnes
Seller's Agent in 2023
Gina Barnes
Compass
(619) 347-4415
1 in this area
120 Total Sales
About Solara Lofts
Map
Source: San Diego MLS
MLS Number: 220028065
APN: 533-384-17-32
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