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1025 Island Ave 511, San Diego, CA 92101

Sale Price: $500,000
Aug 9, 2024768 sqft1 beds1 baths
Listed by: Michael Ciampa
License #: 01389534
Phone #: 619-993-8482
Real Broker
Source:
CRMLS Logo
MLS #: 240018852SD

Property Description

This is your chance to own a Downtown Loft for as low as 3.5% down. Striking 11-foot exposed cement ceilings and walls add an industrial-chic vibe to the space. Floor-to-ceiling windows flood the interior with natural light. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for both relaxation and entertainment. A Juliet balcony with dual sliding doors allows for an indoor/outdoor feel. The loft is newly updated with all new appliances, and comes with one secured parking space. Located in a vibrant neighborhood, you'll have easy access to top-rated restaurants, trendy boutiques, and cultural hotspots. Plus, with off-street parking included, you can explore all that downtown has to offer without any hassle. Fahrenheit is one of Downtown San Diego's most notable condo buildings and a recipient of a prestigious design award from the American Institute of Architects. It's central location is just 2 blocks from PetCo Park, and a short walk to the Bayfront, Gaslamp Quarter and Little Italy. It has one of the lowest monthly HOA fees in the East Village.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,629

TurboHome Estimated Value

$503,800

$656 sqft

High Valuation
$528,990
$689/sqft
Normal Valuation
$503,800
$656/sqft
Low Valuation
$478,610
$623/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$656/sqft$503,800

Neighborhood: East Village

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Comparative Value

$499K

$560K

$589K

$675K

1025 Island Ave 511, San Diego, CA 92101

List Price: $499,000

Subject Property

1025 Island Ave 511, San Diego, CA 92101

Sale Price: $500,000

Selected Comparable

1025 Island Ave 709, San Diego, CA 92101

Sale Price: $559,900

Selected Comparable

1025 Island Ave 512, San Diego, CA 92101

Sale Price: $563,000

Selected Comparable

1050 Island Ave 210, San Diego, CA 92101

Sale Price: $589,000

Selected Comparable

427 9th Ave 1204, San Diego, CA 92101

Sale Price: $675,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1025 Island Ave 511, San Diego, CA 92101

1025 Island Ave 511, San Diego, CA 92101

List: $499,000

Listed: 8/9/2024

Area:768 sqft
Price/sqft:$650
Beds:1
Baths:1
Year Built:
Lot Size:18,261

Comparable Properties

COMPARABLE
Choose comps
1025 Island Ave 709, San Diego, CA 92101

1025 Island Ave 709, San Diego, CA 92101

Sale: $559,900

1/10/20250.00 mi

Area:768 sqft
Price/sqft:$729
Beds:1
Baths:1
Year Built:
Weight:21.1%
1025 Island Ave 511, San Diego, CA 92101

1025 Island Ave 511, San Diego, CA 92101

Sale: $500,000

10/21/20240.00 mi

Area:768 sqft
Price/sqft:$651
Beds:1
Baths:1
Year Built:
Weight:20.7%
427 9th Ave 1204, San Diego, CA 92101

427 9th Ave 1204, San Diego, CA 92101

Sale: $675,000

6/20/20250.06 mi

Area:871 sqft
Price/sqft:$775
Beds:1
Baths:1
Year Built:
Weight:20.4%
1025 Island Ave 512, San Diego, CA 92101

1025 Island Ave 512, San Diego, CA 92101

Sale: $563,000

8/12/20240.00 mi

Area:726 sqft
Price/sqft:$775
Beds:1
Baths:1
Year Built:
Weight:19.7%
1050 Island Ave 210, San Diego, CA 92101

1050 Island Ave 210, San Diego, CA 92101

Sale: $589,000

11/12/20240.06 mi

Area:894 sqft
Price/sqft:$659
Beds:1
Baths:1
Year Built:
Weight:18.1%

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