$860,000
SOLD SEP 16, 2025
2 Beds
2.5 Baths
1,460 Sq Ft
$1,081/mo HOA Fee

Recently Sold

$589 Per Sq Ft

8% Below List Price

89 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Seaport Village
  • Updated Kitchen
  • Gated Parking
  • City Lights View
  • 1-minute walk to Pantoja Park

About This Home

As of September 2025

Experience Elevated Urban Living at the Watermark in San Diego’s Prestigious Marina District Step into sophisticated downtown living in this beautifully upgraded 2-bedroom, 2.5-bathroom residence at the exclusive Watermark — one of the Marina District’s most sought-after addresses. Designed with elegance and functionality in mind, this spacious condo features rich hardwood flooring and an open-concept layout that effortlessly connects the gourmet kitchen to the dining and living areas — ideal for both intimate evenings and lively entertaining. The modern kitchen is equipped modern appliances, sleek countertops, and ample storage, creating a stylish and functional culinary space. Two generously sized primary suites provide ultimate privacy and comfort. One suite offers a tranquil balcony overlooking tree-lined street views, while the other includes a large walk-in closet and spa-like en-suite bath. Both bedrooms are filled with natural light and appointed with plantation shutters for serene privacy. Don’t miss this rare opportunity to own a luxury residence in the heart of San Diego — just steps from the waterfront, Seaport Village, and world-class dining and entertainment.

Last Agent to Sell the Property

Craig Lotzof

Compass License #01211688 Listed on: 05/21/2025

Compass

Last Buyer's Agent

Elizabeth Spangler

Spangler Realty License #01217708

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,205

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 1 Common Wall
  • Security Fence
  • Gated Home
  • Fence is in excellent condition
  • Landscaped

HOA Fees

  • Property has a Home Owners Association

Parking

  • Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Gated Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Modern Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Formal Dining Room
  • Storage Room
  • Center Hall

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Location

  • Interior Unit
  • Urban Location
  • West of 5 Freeway

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Community Details

Overview

  • 96 Units
  • Watermark HOA
  • Mid-Rise Condominium
  • Watermark Community
  • Downtown Subdivision
  • Property Manager
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Security

  • Security Guard
  • Controlled Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,205

Year Built

Built in 1992 | Remodeled

Lot Details

0

HOA Fees

$1,081 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Modern, See Remarks
  • Property Condition: Turnkey, Updated/Remodeled
  • Stories: 5
  • Accessibility Features: See Remarks
  • Year Built: 1992
  • Unit Levels: 1 Story
  • Property Sub Type: All Other Attached
  • Co List Office Mls Id: 8676
  • Subdivision Name: DOWNTOWN
  • Ownership: Condominium
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Balcony, Built-Ins, Copper Plumbing Full, Granite Counters, High Ceilings (9 Feet+), Kitchen Island, Living Room Balcony, Living Room Deck Attached, Open Floor Plan, Recessed Lighting, Remodeled Kitchen, Shower, Stone Counters, Kitchen Open to Family Rm
  • Total Bedrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Refrigerator, Washer, Other/Remarks, Electric Oven, Electric Range, Electric Stove, Ice Maker, Recirculated Exhaust Fan, Vented Exhaust Fan, Electric Cooking
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Fireplace Features: N/K
  • Stories: 1

Exterior Features

  • Fencing: Gate, Other/Remarks, Excellent Condition, Security
  • Roof: Other/Remarks
  • View: Evening Lights, Neighborhood, City Lights
  • Disclosures: Homeowners Association, Incorporated, Pet Restrictions, CC And R's, Easements
  • Common Walls: Middle, 1 common wall
  • Construction Type: Stucco
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Parking Features: Assigned, Gated, Underground, Community Garage

Utilities

  • Cooling: Central Forced Air
  • Heating: Forced Air Unit
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, See Remarks, Underground Utilities, Sewer Connected, Water Connected
  • Sewer: Sewer Connected, Public Sewer
  • Laundry Features: Electric, Washer Hookup
  • Water Source: Meter on Property

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Guard, Gym/Ex Room, Pet Rules, Pets Permitted, Weight Limit, Security, Onsite Property Mgmt
  • Association Name: Watermark HOA
  • Pets Allowed: Allowed w/Restrictions

Schools

  • Junior High Dist: San Diego Unified School Distric

Lot Info

  • Other Structures: N/K

Multi Family

  • Number Of Units In Community: 96
  • Number Of Units Total: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
Gelb Harvey and Gelb Lois
Bought by
Gelb Harvey and Gelb Lois

Purchase Details

Closed on
Jul 1, 2009
Sold by
Wells Fargo Bank Na
Bought by
Gelb Harvey and Gelb Lois

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
Outstanding Balance
$272,161
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$623,299

Purchase Details

Closed on
Aug 17, 1992
Bought by
Hong Eva Separate Property Trust 07-29-9
Source: Public Records

Range of Values:

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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
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $575,000 Ticor Title Company
Deed $244,000 --
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Sold $860,000 -4.3% $589 / Sq Ft
08/19/2025 08/19/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $899,000 -4.3% $616 / Sq Ft
05/21/2025 05/21/25 For Sale $939,000 -- $643 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

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 $9,205 $742,203 $219,432 $522,771
2024 $9,205 $727,651 $215,130 $512,521
2023 $8,992 $713,384 $210,912 $502,472
2022 $8,745 $699,397 $206,777 $492,620
2021 $8,672 $685,684 $202,723 $482,961
2020 $8,560 $678,654 $200,645 $478,009
2019 $8,398 $665,348 $196,711 $468,637
2018 $7,854 $652,303 $192,854 $459,449
2017 $7,660 $639,514 $189,073 $450,441
2016 $7,530 $626,975 $185,366 $441,609
2015 $7,410 $617,558 $182,582 $434,976
2014 $7,298 $605,462 $179,006 $426,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250028134

San Diego MLS

APN: 535-700-22-61