1929 Columbia St., San Diego, California 92101, San Diego, - bed, bath

home-pic
ACTIVE$4,995,000
1929 Columbia St., San Diego, California 92101
3Beds
5Baths
3,479Sqft
Lot
Year Built
2018
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250018319SD
Home ConditionExcellent
Features
Excellent View: Bay, City Lights
Deck
ViewBay,City Lights

About this home

Exuding the best in contemporary luxury living, the 2 story penthouse at 1929 Columbia offers striking views of the San Diego bay with over6000 sq. ft. of indoor and outdoor living space and a smart factor for not only the coolest and hippest but the savviest and most discerningbuyer. This private residence acts more like a boutique hotel with 17 income-producing units for those looking to make money on their money!The penthouse is a statement showpiece that matches the energy and vibrant of San Diego’s Little Italy. Life is meant to be enjoyed and forsomeone that wants it all, a prime location, cutting edge modern design, and cash flow, VIVO does just that and more! A world class asset located in, without a doubt, one of San Diego’s hottest neighborhoods. While surpassing every expectation for Southern California’s high-end real estate and truly a unique phenomenon anywhere in the globe, this penthouse is highly cultivated and detail rich, with sweeping view of the San Diego Bay and Pacific Ocean. Not only is it first in class, but also generates substantial income from the 17 apartment units to which it soars above. As the elevator opens to your private and sprawling living, dining and open concept kitchen, a feeling of awe comes over you. With 10’ tall sliding glass doors to the west and north that completely “pocket” open, you will find yourself immersed in a quintessential indoor-outdoor living space. The kitchen is well equipped with Miele appliances, column refrigerator, integrated dishwasher and trash, walk in pantry and wet bar to boot. In vogue with the ultra-luxury aesthetic, the first floor is completed by two identical en-suite bedrooms, an oversized laundry room, powder bath and A/V closet with its’ own trash chute. The home is automated top to bottom, from the whole house in wall speakers, to art displayed on plasma screens, motorized shades, Nest t-stats, Lutron lighting and more. The upper level isa massive mater retreat, dedicated to the entire floor, with free standing tub for 2+ and a shower enclosure larger than most downtown bedrooms. A colossal patio extends the master living space, cantilevered over the building and providing a sensation of bring the ocean and bay into the home. Double fire table, succulent gardens and planters in every direction and outdoor bar with multiple tv’s and a viewing deck are just some of this penthouse’s over the top features.

Price History

Date
Event
Price
02/05/25
$4,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (269 Listings)
Beds32
86%
Baths52
100%
Square foot3,4791,046
100%
Lot Size00
Price$5M$677K
100%
Price per square foot$1,436$698
99%
Built year201810026003
97%
HOA$848.145
Days on market273173
90%
Condition Rating
Excellent

This property, built in 2018, is only 6 years old and exemplifies contemporary luxury. The description highlights 'cutting edge modern design,' 'Miele appliances,' and extensive smart home automation (Nest t-stats, Lutron lighting, in-wall speakers, motorized shades). The images confirm a pristine, high-end aesthetic with sleek, modern kitchen finishes, integrated appliances, and luxurious bathrooms featuring a freestanding tub and oversized glass shower. All components appear new or virtually new, meeting the highest quality standards with no visible deferred maintenance or physical depreciation.
Pros & Cons

Pros

Exceptional Views & Indoor/Outdoor Living: Offers striking, sweeping views of the San Diego Bay and Pacific Ocean, complemented by over 6000 sq. ft. of indoor and outdoor living space with pocketing glass doors and a colossal cantilevered patio, creating a seamless indoor-outdoor experience.
Significant Income Generation: Unique investment opportunity with 17 income-producing apartment units below the penthouse, generating substantial cash flow.
Prime Little Italy Location: Situated in San Diego's vibrant Little Italy, a world-class asset in one of the city's hottest and most desirable neighborhoods.
Ultra-Luxury & Smart Home Features: Exudes contemporary luxury living with cutting-edge modern design, high-end Miele appliances, and full home automation including in-wall speakers, motorized shades, Nest thermostats, and Lutron lighting.
Exclusive Master Retreat & Amenities: Features a massive master retreat dedicated to the entire upper floor, complete with a luxurious master bath, and an expansive outdoor patio with a double fire table, succulent gardens, outdoor bar, and viewing deck.

Cons

Limited Buyer Pool: The ultra-luxury status and high list price of nearly $5 million significantly narrow the potential buyer demographic to a very exclusive market segment.
Management Complexity of Income Units: While income-producing, the ownership of 17 additional apartment units implies a significant management responsibility that may not appeal to all luxury buyers seeking a simple, private residence.
High Operating Costs: As a penthouse in a building with extensive amenities and income units, substantial HOA fees and ongoing maintenance costs for both the private residence and shared building elements are highly probable.

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