$559,000
SOLD AUG 25, 2025
1 Bed
1 Bath
803 Sq Ft
$750/mo HOA Fee

Recently Sold

$696 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Gated Community
  • Breakfast Area or Nook
  • Walk-In Closet
  • Loft
  • Balcony
  • Living Room

About This Home

As of August 2025

Best Priced Loft in the City – Iconic Urban Living in Bankers Hill! Discover a rare opportunity to own a striking loft in one of San Diego’s most sought-after neighborhoods. Once home to the mid-century FBI Headquarters, this historic industrial-modern building has been thoughtfully reimagined to deliver style, character, and prime location in one unforgettable package. Inside, you’re welcomed by soaring 13-foot exposed waffle slab ceilings, oversized windows that flood the space with light, and a private balcony perfect for relaxing or entertaining. The open-concept design offers a bright, flexible layout with a spacious kitchen island, ideal for hosting, plus plenty of room for a home office or creative space. This unique unit features one full bathroom, in-unit laundry, central A/C, and a gated parking and storage space, an incredible find in urban living. The layout also offers potential to be converted into a true one-bedroom, giving you room to grow or adapt. Step outside and you’re moments from Balboa Park, the San Diego Zoo, Spruce Street Suspension Bridge, and a vibrant mix of cafes, shops, and scenic walking trails. Whether you're looking for character, convenience, or unbeatable value, this Bankers Hill loft checks all the boxes.

Last Agent to Sell the Property

Vincent Cavataio

Berkshire Hathaway HomeServices California Properties License #01983824 Listed on: 06/21/2025

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Lisa Padilla

Ritual Realty License #01295891

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Parking Garage Space

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Concrete Roof

Interior Spaces

  • 803 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Dining Area
  • Loft
  • Storage Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Gated Home

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, gated community, limited insurance, roof maintenance, sewer, trash pickup, water, security
  • Ca Dream HOA Management Association
  • 5Th Avenue Lofts Community
  • Hillcrest Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$750 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Stories: 3
  • Year Built: 2004
  • Unit Levels: 1 Story
  • Property Sub Type: All Other Attached
  • Community Features: Gated Community, Pet Restrictions
  • Association Fees: 750.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Common Area Maintenance, Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water, Security
  • Co List Office Mls Id: 60833
  • Subdivision Name: Hillcrest (HC)
  • Directions: GPS
  • BuildingName: 5th Avenue Lofts
  • Entry Level: 2
  • Living Area: 803.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-08-25T22:29:41Z
  • ADU_YesNo: No
  • AgeRestrictions: N/K
  • FullAddress: 3211 5Th Ave 202
  • Ownership: Condominium
  • ShortSale: No
  • SupplementRemarks: This unique loft includes one full bathroom, in-unit laundry, central A/C, and one gated parking & storage space, an exceptional luxury in city living. As a bonus, the unit has potential to be converted into a one-bedroom, offering flexibility to fit your future needs. Just steps from Balboa Park, the San Diego Zoo, Spruce Street Suspension Bridge, and a vibrant mix of dining, shopping, and outdoor trails, this location offers the perfect balance of urban energy and natural tranquility. This home delivers the very best of San Diego living, at an unbeatable price.
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 1
  • Appliances: Dishwasher, Disposal, Fire Sprinklers, Garage Door Opener, Microwave, Refrigerator, Convection Oven, Electric Oven, Electric Range, Energy Star Appliances, Built-In, Counter Top, Electric Cooking
  • Fireplace Features: N/K

Exterior Features

  • Fencing: Gate
  • Roof: Concrete, Other/Remarks
  • Pool Features: N/K
  • Construction Type: Brick
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garaged Spaces: 1.0
  • Parking Features: Underground, Community Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Forced Air
  • Heating: Forced Air Unit
  • Sewer: Sewer Connected
  • Laundry Features: Gas & Electric Dryer HU
  • Water Source: Meter on Property
  • HeatSource: Natural Gas

Condo/Co-op/Association

  • Association Name: CA Dream HOA Management
  • Pets Allowed: Allowed w/Restrictions

Lot Info

  • Zoning: R-1:SINGLE

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2025
Closed on
Aug 22, 2025
Sold by
Cheney Bruce Roy
Bought by
Dogu Zeynep
Seller's Agent
Vincent Cavataio
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lisa Padilla
Ritual Realty
List Price
$574,000
Sold Price
$559,000
Premium/Discount to List
-$15,000
-2.61%
Views
77
Current Estimated Value
$560,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,486
Avg. Annual Appreciation
0.65%
Original Mortgage
$475,150
Outstanding Balance
$474,739
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$85,748

Purchase Details

Listed on
Jun 21, 2025
Closed on
Aug 1, 2025
Sold by
Terry Merrell Trust and Gravley David A
Bought by
Dogu Zeynep
Seller's Agent
Vincent Cavataio
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lisa Padilla
Ritual Realty
List Price
$574,000
Sold Price
$559,000
Premium/Discount to List
-$15,000
-2.61%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,150
Outstanding Balance
$474,739
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$85,748

Purchase Details

Closed on
Oct 27, 2014
Sold by
Merrell Terry
Bought by
Merrell Terry

Purchase Details

Closed on
Mar 2, 2011
Sold by
Wells Fargo Bank Na
Bought by
Merrell Terry

Purchase Details

Closed on
Aug 10, 2007
Sold by
Shawishian Jean
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 9, 2006
Sold by
Shawishian Renee
Bought by
Shawishian Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
9.52%
Mortgage Type
Balloon

Purchase Details

Closed on
May 18, 2006
Sold by
Basner Guta
Bought by
Shawishian Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
9.52%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 27, 2005
Sold by
Mcdowell Mary and Hernholm Melissa
Bought by
Basner Guta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 17, 2003
Sold by
Fifth Avenue Lofts Lp
Bought by
Mcdowell Mary and Hernholm Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
4.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- California Title Company
Grant Deed $559,000 California Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $220,000 Lsi Title Company Ca
Trustee Deed $449,051 None Available
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $525,000 Ticor Title Co
Grant Deed $390,000 Chicago Title Co
Grant Deed $289,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,150 New Conventional
Previous Owner $420,000 Balloon
Previous Owner $312,000 Stand Alone First
Previous Owner $231,200 No Value Available
Closed $14,450 No Value Available
Closed $39,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2025 08/25/25 Sold $559,000 0.0% $696 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
07/13/2025 07/13/25 Price Changed $559,000 -2.6% $696 / Sq Ft
06/22/2025 06/22/25 For Sale $574,000 -- $715 / 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 $3,339 $281,845 $192,170 $89,675
2024 $3,339 $276,319 $188,402 $87,917
2023 $3,264 $270,902 $184,708 $86,194
2022 $3,176 $265,591 $181,087 $84,504
2021 $3,153 $260,385 $177,537 $82,848
2020 $3,114 $257,716 $175,717 $81,999
2019 $3,057 $252,664 $172,272 $80,392
2018 $2,857 $247,711 $168,895 $78,816
2017 $2,788 $242,855 $165,584 $77,271
2016 $2,742 $238,094 $162,338 $75,756
2015 $2,700 $234,519 $159,900 $74,619
2014 $2,657 $229,926 $156,768 $73,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250031362

San Diego MLS

APN: 452-555-37-10