1 month on rocket

1025 Island Ave Unit 511, San Diego, CA, 92101

$499,000

Home List Price

$5,926*

Closing Credit

1 Bedroom
1 Full Bath
768 SqFt
$650/SqFt
Condo

Location

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1025 Island Ave Unit 511, San Diego$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Gated
Garage1 space
Year Built2006
HeatingElectric, Forced Air
CoolingCentral Air
MLS #240018852SD
Lot Size0.42 Acres
StatusActive

About 1025 Island Ave Unit 511

This is your chance to own a Downtown Loft for as low as 3.5% down. Striking 11-foot exposed cement ceilings and walls add an industrial-chic vibe to the space. Floor-to-ceiling windows flood the interior with natural light. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for both relaxation and entertainment. A Juliet balcony with dual sliding doors allows for an indoor/outdoor feel. The loft is newly updated with all new appliances, and comes with one secured parking space. Located in a vibrant neighborhood, you'll have easy access to top-rated restaurants, trendy boutiques, and cultural hotspots. Plus, with off-street parking included, you can explore all that downtown has to offer without any hassle. Fahrenheit is one of Downtown San Diego's most notable condo buildings and a recipient of a prestigious design award from the American Institute of Architects. It's central location is just 2 blocks from PetCo Park, and a short walk to the Bayfront, Gaslamp Quarter and Little Italy. It has one of the lowest monthly HOA fees in the East Village.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 1
  • Living Area: 768 SqFt

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (855) 450-0442
  • Listing Agent: Michael Ciampa

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Loft

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Gated

Virtual/3D Tour

  • Virtual Tour: 1025 Island Ave Unit 511
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Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • San Diego High School of Business and Leadership, Public Magnet Grades 9-12
  • San Diego High School of International Studies, Public Magnet Grades 9-12
  • San Diego High School of Science and Technology, Public Magnet Grades 9-12
  • Roosevelt Middle School, Public Magnet Grades 6-8
  • Sherman Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Entrance on Island Ave near the corner of 10th Cross Street: Corner of 10th and Island.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $650/SqFt

HOA Fees:

  • Amount: $573
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,990
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Diego, CA.

Med. Sold Price

$939.4K

Med. Price/SqFt

$696

Avg. Days On Market

22

# of Sold Homes

782

1025 Island Ave Unit 511 vs San Diego

42 DAYS ON ROCKET

+20 Days

$499,000

-$440.4K Less

$650/SqFt

-$47 Less

KEY TAKEAWAY

This property is $440.4K less than the Median Sold Price and $47/SqFt less than other homes in San Diego, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #240018852SD

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (855) 450-0442
  • Listing Agent: Michael Ciampa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 03, 2020Home Sold
$328,500
Aug 01, 2011Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,990$328,200
2020$3,989$309,640
2019$3,663$303,570
2018$3,663$297,618
2017$3,573$291,783

History based on county public records data.

Payment Calculator

$3,131

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-162634
6
/10
  • Sherman Elementary School

  • 301 22nd St

  • 0.70 miles

  • Public District Grades PK-5

Middle School

school-card-donut-162635
5
/10
  • Roosevelt Middle School

  • 3366 Park Blvd

  • 2.15 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-162636
1
/10
  • San Diego High School of Business and Leadership

  • 1405 Park Blvd

  • 0.70 miles

  • Public Magnet Grades 9-12

school-card-donut-162637
9
/10
  • San Diego High School of International Studies

  • 1405 Park Blvd

  • 0.70 miles

  • Public Magnet Grades 9-12

school-card-donut-162638
5
/10
  • San Diego High School of Science and Technology

  • 1405 Park Blvd

  • 0.70 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,789. Most San Diego, CA residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1025 Island Ave Unit 511

What is the listing price of this property?

The listing price of 1025 Island Ave Unit 511 property is $499,000.

What type of property is this?

The property 1025 Island Ave Unit 511 is a condo located in San Diego, California, 92101.

Is this property for sale now?

Active Listing: 1025 Island Ave Unit 511 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1025 Island Ave Unit 511 are:
Sherman Elementary School: GreatSchools Rating 6/10
Roosevelt Middle School: GreatSchools Rating 5/10
San Diego High School of Business and Leadership: GreatSchools Rating 1/10
San Diego High School of International Studies: GreatSchools Rating 9/10
San Diego High School of Science and Technology: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,990 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 3, 2020 for $328,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1025 Island Ave Unit 511 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1025 Island Ave Unit 511 is 768 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1025 Island Ave Unit 511 is 2006.

Rocket HomesCaliforniaSan Diego CountySan Diego921011025 Island Ave Unit 511

This home is located at 1025 Island Ave Unit 511 in San Diego, CA and zip code 92101 in the East Village neighborhood. This 768 square foot home, which was built in 2006, sits on a 0.42 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $499,000.

Over 289 listings were sold over their listed price in August 2024 in San Diego, CA. In the same period over 357 listings were sold below the listed price and 136 listings were sold for the listed price. The number of listings in San Diego, CA increased by 11% between July 2024 and August 2024. The median list price of listings available in August 2024 was $939,489, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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