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550 15th St 404, San Diego, CA 92101

Sale Price: $489,900
Mar 18, 2025884 sqft2 beds1 baths
Listed by: Gregg Neuman
License #: 00809392
Phone #: 619-595-7025
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 250021827SD

Property Description

Discover the perfect blend of style, comfort, and convenience in this spacious 2-bedroom residence at Element. Located in the heart of East Village, this move-in-ready home offers city views from your private balcony, setting the scene for vibrant urban living. Step inside to floor-to-ceiling windows, Canyon Oak laminate wood flooring, and fresh paint, creating a bright and airy ambiance. The open kitchen is designed for both style and function, featuring stainless appliances, granite countertops, recessed lighting, ample cabinetry, and a center island with bar seating—perfect for entertaining. Enjoy the convenience of a secured parking space and a prime location just a few blocks from Petco Park, the Gaslamp Quarter, and San Diego’s top dining, shopping, and entertainment hotspots. This is affordable Downtown living at its best—so don’t miss out! Element is a statement of modern city living. Nestled at Market St. & 15th Ave., this sleek complex offers contemporary design, spacious floor plans, ample storage, and an on-site gym located on the first floor. Step outside, and you’re just minutes from the best of Downtown—catch a game at Petco Park, explore the vibrant Gaslamp Quarter, or unwind at Fault Line Park. Craving a bite? Start your morning with fresh-baked perfection from IZOLA Bakery, savor brunch at Mission Restaurant, or enjoy live music and craft drinks at Quartyard. Plus, with quick access to freeways and trolley stops, navigating the city is effortless. Whether you're seeking a peaceful retreat or the pulse of urban excitement, Element delivers the best of both worlds. The community falls within a targeted census tract eligible for below market rates and no PMI. The program is currently offering 30 year fixed with as little as 3% down payment, ~6.50% @ 0 points, and no mortgage insurance (see confidential remarks for more info)
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$7,505

TurboHome Estimated Value

$495,100

$560 sqft

High Valuation
$519,855
$588/sqft
Normal Valuation
$495,100
$560/sqft
Low Valuation
$470,345
$532/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$560/sqft$495,100

Neighborhood: East Village

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Comparative Value

$490K

$515K

$550K

$655K

$665K

550 15th St 404, San Diego, CA 92101

List Price: $489,900

Subject Property

550 15th St 404, San Diego, CA 92101

Sale Price: $489,900

Selected Comparable

1225 Island Ave 314, San Diego, CA 92101

Sale Price: $515,000

Selected Comparable

1225 Island Ave G06, San Diego, CA 92101

Sale Price: $550,000

Selected Comparable

550 15th St 705, San Diego, CA 92101

Sale Price: $655,000

Selected Comparable

1225 Island Ave 517, San Diego, CA 92101

Sale Price: $665,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
550 15th St 404, San Diego, CA 92101

550 15th St 404, San Diego, CA 92101

List: $489,900

Listed: 3/18/2025

Area:884 sqft
Price/sqft:$554
Beds:2
Baths:1
Year Built:
Lot Size:9,977

Comparable Properties

COMPARABLE
Choose comps
550 15th St 404, San Diego, CA 92101

550 15th St 404, San Diego, CA 92101

Sale: $489,900

4/8/20250.00 mi

Area:884 sqft
Price/sqft:$554
Beds:2
Baths:1
Year Built:
Weight:24.2%
550 15th St 705, San Diego, CA 92101

550 15th St 705, San Diego, CA 92101

Sale: $655,000

3/3/20250.00 mi

Area:970 sqft
Price/sqft:$675
Beds:2
Baths:2
Year Built:
Weight:19.6%
1225 Island Ave 314, San Diego, CA 92101

1225 Island Ave 314, San Diego, CA 92101

Sale: $515,000

2/3/20250.18 mi

Area:892 sqft
Price/sqft:$577
Beds:1
Baths:1
Year Built:
Weight:18.9%
1225 Island Ave 517, San Diego, CA 92101

1225 Island Ave 517, San Diego, CA 92101

Sale: $665,000

7/11/20250.18 mi

Area:1,077 sqft
Price/sqft:$617
Beds:2
Baths:2
Year Built:
Weight:18.7%
1225 Island Ave G06, San Diego, CA 92101

1225 Island Ave G06, San Diego, CA 92101

Sale: $550,000

1/6/20250.18 mi

Area:865 sqft
Price/sqft:$636
Beds:1
Baths:1
Year Built:
Weight:18.7%

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