550 Park Blvd 2601, San Diego, California 92101, San Diego, - bed, bath

home-pic
ACTIVE$688,000
550 Park Blvd 2601, San Diego, California 92101
1Bed
1Bath
1,018Sqft
38,864Lot
Year Built
2004
Close
-
List price
$688K
Original List price
$688K
Price/Sqft
-
HOA
$611.43
Days on market
-
Sold On
-
MLS number
250022952SD
Home ConditionFair
Features
Excellent View: City Lights
Deck
Patio
ViewCity Lights

About this home

Beautiful & very rare 1 bedroom, 1 full bath including West facing balcony & Private Rooftop Patio. One of the 1st condos to be selected at Park Boulevard West. Over 1,000 sq. ft (as per assessor record) prime West facing condo w/ private rooftop area large enough for entertaining or private sunbathing area. Top floor - end unit, assigned parking space & ready for occupancy by October 2025. Great location close to Ballpark Gaslamp District, Grocery stores, Walk to Little Italy. Beautiful & very rare 1 bedroom, 1 full bath including West facing balcony & Private Rooftop Patio. One of the 1st condos to be selected at Park Boulevard West. Over 1,000 sq. ft (as per assessor record) prime West facing condo w/ private rooftop area large enough for entertaining or private sunbathing area. Top floor - end unit, assigned parking space & ready for occupancy by October 2025. Great location close to Ballpark Gaslamp District, Grocery stores, Walk to Little Italy.

Nearby schools

5/10
Sherman Elementary School
Public,K-50.6mi
3/10
Burbank Elementary School
Public,K-51.1mi
5/10
Washington Elementary School
Public,K-51.2mi
6/10
Jefferson Elementary School
Public,K-52.8mi
3/10
Perkins Elementary School
Public,K-80.8mi
3/10
Memorial Scholars & Athletes School
Public,6-81.6mi
4/10
Golden Hill K-8
Public,K-81.9mi
5/10
Roosevelt International Middle School
Public,6-82.1mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (269 Listings)
Beds12
36%
Baths12
40%
Square foot1,0181,046
47%
Lot Size38,8640
17%
Price$688K$677K
51%
Price per square foot$676$695
45%
Built year200410026003
48%
HOA$611.43$848.145
19%
Days on market221173
73%
Condition Rating
Fair

Built in 2004, this condo is 20 years old. While clean and well-maintained, the kitchen features (light wood cabinets, older stainless steel appliances) and the stacked laundry unit appear original or from that era, showing signs of being outdated. The primary flooring is carpet, which, while clean, also reflects the property's age. No major renovations are evident, placing it in the 'aged but maintained' category where major components are functional but show signs of being outdated, requiring minor updates for a modern aesthetic.
Pros & Cons

Pros

Prime Downtown Location: Situated in the highly desirable Downtown San Diego area, offering unparalleled walkability to the Ballpark, Gaslamp District, grocery stores, and Little Italy.
Exceptional Square Footage: At over 1,000 sq. ft., this 1-bedroom unit offers unusually generous living space, a significant advantage for a downtown condominium.
Private Rooftop Patio & Balcony: Features a rare and expansive private rooftop patio, ideal for entertaining or sunbathing, complemented by a west-facing balcony.
Top Floor End Unit with Views: Positioned as a top-floor, end unit, providing enhanced privacy, reduced noise, and desirable west-facing city lights views.
Assigned Parking: Includes a valuable assigned parking space, a crucial amenity in a dense urban environment like Downtown San Diego.

Cons

Delayed Occupancy: The property is not available for immediate occupancy, with readiness projected for October 2025, which may not suit buyers seeking a quick move-in.
High Monthly Association Fees: The association fee of $611.43 is substantial and adds a significant recurring cost to homeownership.
Single Bedroom Configuration: As a 1-bedroom unit, it caters to a more specific buyer demographic, potentially limiting its appeal to those requiring more living or sleeping space.

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