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

home-pic
ACTIVE$595,000
550 Park Blvd 2601, San Diego, California 92101
1Bed
1Bath
1,018Sqft
38,864Lot
Year Built
2004
Close
-
List price
$595K
Original List price
$595K
Price/Sqft
-
HOA
$611.43
Days on market
-
Sold On
-
MLS number
250040250SD
Home ConditionGood
Features
Good View: City Lights
Deck
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 once current resident moves out. 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 when current tenant moves out. 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

Price History

Date
Event
Price
09/30/25
Listing
$595,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (269 Listings)
Beds12
36%
Baths12
40%
Square foot1,0181,046
47%
Lot Size38,8640
17%
Price$595K$675K
37%
Price per square foot$584$695
14%
Built year200410026003
48%
HOA$611.43$848.145
19%
Days on market36171
0%
Condition Rating
Good

This condo, built in 2004, is 20 years old, placing it at the upper end of the 'Good' category's age range. The images show a well-maintained, move-in ready unit with clean carpets, fresh paint, and functional, standard stainless steel appliances in the kitchen. While the kitchen's light wood cabinets and black countertops, along with the overall style, reflect its early 2000s construction and are not ultra-modern, they appear to be in good condition with no immediate need for renovation. The absence of bathroom images prevents a direct assessment, but it's reasonable to assume similar condition and style to the kitchen. Major systems are likely functional and within their expected lifespan, consistent with a property of this age that has been regularly maintained. The property offers desirable features like a private rooftop patio and balcony.
Pros & Cons

Pros

Exceptional Downtown Location: Situated in a highly desirable downtown area, offering unparalleled walkability to the Ballpark, Gaslamp District, grocery stores, and Little Italy, enhancing lifestyle and potential rental demand.
Exclusive Private Rooftop Patio: Features a rare and expansive private rooftop patio, providing a unique outdoor space for entertaining or personal relaxation, a significant differentiator for a condo.
Generous Square Footage for 1-Bedroom: At over 1,000 sq. ft., this 1-bedroom unit offers significantly more living space than typical downtown condos of its type, providing comfort and versatility.
Premium Top Floor End Unit with Views: Positioned as a top-floor, end unit with a prime West-facing orientation, ensuring enhanced privacy, abundant natural light, and desirable city light views.
Valuable Assigned Parking: Includes an assigned parking space, a highly sought-after amenity in the dense downtown San Diego area, adding convenience and value.

Cons

Extended Occupancy Delay: The property is not available for immediate occupancy, with availability projected for October 2025, which may deter buyers seeking a quicker move-in or investment return.
Substantial Monthly Association Fees: The association fee of $611.43 per month is relatively high for a 1-bedroom unit, impacting the overall cost of ownership and potentially reducing investor yields.
Single Bedroom Configuration: As a 1-bedroom unit, its market appeal is limited to individuals or couples, potentially narrowing the pool of prospective buyers compared to multi-bedroom properties.

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