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$585,999

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 978 Sq. Ft.
  • 2 Car Garage
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Welcome to this beautifully updated condo in the heart of Downtown San Diego. This spacious 1-bed, 1-bath residence offers a rare opportunity to convert into a 2-bedroom layout, providing excellent flexibility and upside potential. Recent upgrades include fresh interior paint throughout, newly painted patio flooring, a brand-new 3-ton HVAC heat pump ($9,400), and real wood Levelor 2-inch Venetian blinds throughout ($7,800). Additional custom improvements include a built-in bookcase with pull-out desk, thoughtfully designed within unused closet space-ideal for a home office or study area. New electrical outlets and color-matched cover plates enhance the living and dining areas, delivering a clean, modern finish. The open-concept living and dining space is filled with natural light and accommodates multiple layout options, making it perfect for modern urban living. The unit also includes a large, dedicated storage unit, a rare and highly desirable feature in Downtown San Diego. Located in a well-maintained community at 1551 4th Avenue, with easy access to Little Italy, Balboa Park, Gaslamp Quarter, dining, shopping, and entertainment. Ideal for owner-occupants or investors seeking a turnkey property with strong conversion potential.

Full Property Details for 1551 Fourth Ave #409

General

  • Price: $585,999
  • HOA FEE: $777/month
  • Status: Active
  • Type: Condo
  • Source: MRMLS
  • MLS ID: PTP2509179
  • Updated: 2/6/2026
  • Days on Market: 76 days
  • Added to Site: 76 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down, Family Room, Kitchen, Laundry, Primary Bathroom
  • Fireplace: Yes
  • Fireplace(s): Gas

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Dryer Included, In Closet

Additional Information

  • Shared Amenities: Gym/Exercise Room, Storage, Insurance
  • Pool Description: None

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: San Diego
  • Driving Directions: Don’t contact the owner, Located at the base of Cortez Hill. 4th Ave is a one-way street heading South. Great parking on Cedar street. Use Key pad on Cedar street entrance. Cross Street: Cedar street.

School Information

  • School District: Washington Union

Community

  • Community Features: Sidewalks, Street Lights

Heating & Cooling

  • Cooling Type: Central Air

Utilities

  • Sewer: Public Sewer

Structural Information

  • Structure Type: Condominium
  • Common Walls: 1 Common Wall
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 978
  • Sq. Ft. Source: Assessor
  • Year Built: 1996
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 77

Lot Features

  • Property View: City Lights, Neighborhood, Panoramic
  • Lot Size (Sq. Ft.): 0.35
  • Lot Size Source: Assessor
  • Zoning: R-1:SINGLE FAM-RES

Financial Considerations

  • Price Per Sq. Ft.: $599.18
  • Association Fee: $777
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Standard

Listed by Palisade Realty, Inc, Ivan Butrus

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Listing agent

— 1551 Fourth Ave #409 —

  • Ivan Butrus

    Palisade Realty, Inc

Ivanrealtor7@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1551 Fourth Ave #409

School District:San Diego City Unified School District
NameGradesDistance
Washington Elementary School, San Diego, CA
1789 State Street, San Diego, CA 92101
K-50.4 mi
Roosevelt International Middle School
3366 Park Boulevard, San Diego, CA 92103
6-81.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1551 Fourth Ave #409 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Price Reduced
$585,999
-0.68%
MLS
12/17/2025
Listed
$590,000
-2.48%
MLS
12/28/2022
Sold
$605,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1551 Fourth Ave #409

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,976
6%
$629,442
5%
2023
$7,513
1%
$600,000
—
2022
$7,454
20%
$600,000
22%
2021
$6,188
4%
$490,000
4%
2020
$5,926
7%
$470,000
7%
2019
$5,561
5%
$440,000
—
2018
$5,303
6%
$440,000
6%
2017
$4,983
—
$415,000
—
2016
$4,997
—
$415,000
—
2015
$4,993
28%
$415,000
—
2013
$3,886
—
$415,000
30%
2013
$3,886
—
$320,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1551 Fourth Ave #409

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Palisade Realty, Inc, Ivan Butrus

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1551 4th Avenue #409, San Diego, CA 92101 (MLS# PTP2509179) is a Condo property with 1 bedroom and 1 full bathroom. 1551 4th Avenue #409 is currently listed for $585,999 and was received on December 17, 2025. Want to learn more about 1551 4th Avenue #409? Do you have questions about finding other Condo real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.

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