620 State Street 317, San Diego, California 92101, San Diego, - bed, bath

ACTIVE$599,000
620 State Street 317, San Diego, California 92101
1Bed
1Bath
735Sqft
Lot
Year Built
1989
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
-
HOA
$730
Days on market
-
Sold On
-
MLS number
NDP2508470
Home ConditionGood
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
Excellent! Investment opportunity: Do not miss this beautifully updated one-bedroom, one-bath Corner unit in Downtown San Diego's Marina District. This unit is bright and sunny. Imagine yourself enjoying breakfast or a wonderful dinner on the balcony overlooking the beautiful San Diego scenery. The property has hardwood floors, shutters, and an upgraded bathroom. The kitchen is equipped with stainless steel appliances and wood cabinets, perfect for cooking and entertaining. The seller just installed a new HVAC System. It has a dedicated secure parking space in a private garage. The HOA allows 1-month rentals, making it an incredible opportunity.
Nearby schools
5/10
Washington Elementary School
Public,•K-5•0.8mi
5/10
Sherman Elementary School
Public,•K-5•1.4mi
3/10
Perkins Elementary School
Public,•K-8•1.3mi
3/10
Memorial Scholars & Athletes School
Public,•6-8•2.2mi
5/10
Roosevelt International Middle School
Public,•6-8•2.3mi
Price History
Date
Event
Price
08/28/25
Listing
$599,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (264 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 37% |
| Baths | 1 | 2 | 40% |
| Square foot | 735 | 1,046 | 23% |
| Lot Size | 0 | 0 | |
| Price | $599K | $675K | 37% |
| Price per square foot | $815 | $700 | 76% |
| Built year | 1989 | 2005 | 9% |
| HOA | $730 | $842.29 | 33% |
| Days on market | 68 | 171 | 8% |
Condition Rating
Good
Built in 1989, this unit has undergone significant updates, making it move-in ready. The description highlights 'beautifully updated' interiors, 'hardwood floors,' 'upgraded bathroom,' and 'stainless steel appliances' in the kitchen. A major plus is the 'new HVAC System' recently installed. Images confirm modern stainless steel kitchen appliances, a contemporary tiled walk-in shower, and an updated bathroom vanity. While the kitchen cabinets are a traditional wood style and the countertops are functional rather than high-end, the overall condition is well-maintained with recent improvements that align with a 'good' rating, indicating no immediate renovations are required.
Pros & Cons
Pros
Exceptional Investment Opportunity: The HOA allows 1-month rentals, making this unit an outstanding opportunity for investors seeking strong rental income potential in a desirable downtown location.
Prime Downtown Location: Situated in San Diego's highly sought-after Marina District, offering convenient access to urban amenities, dining, and entertainment.
Recent Upgrades & Modern Finishes: The unit boasts a newly installed HVAC system, hardwood floors, shutters, an upgraded bathroom, and a kitchen equipped with stainless steel appliances and wood cabinets.
Dedicated Secure Parking: Includes a dedicated secure parking space in a private garage, a significant and valuable amenity in a dense urban environment like Downtown San Diego.
Bright Corner Unit with Balcony: As a corner unit, it benefits from abundant natural light, is described as 'bright and sunny,' and features a balcony overlooking San Diego scenery and city lights.
Cons
High Monthly HOA Fees: The association fee of $730.0 per month is substantial for a one-bedroom unit, which could impact overall affordability and net returns for investors.
Compact Living Space: With 735 sqft, the unit offers a relatively compact living area, which may be a limitation for buyers desiring more spacious accommodations.
Building Age: Constructed in 1989, the building is over 30 years old. While the unit is updated, the age of the overall structure could potentially lead to higher maintenance costs or future special assessments for common area repairs.

