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$590,000
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Property Description
Welcome to this beautifully updated residence in the heart of Downtown San Diego. This spacious one-bedroom, one-bath condominium offers a rare and attractive opportunity to convert into a two-bedroom layout, providing exceptional flexibility and added value. The home has been thoughtfully renovated with high-quality improvements, including a brand-new 3-ton HVAC heat pump system ($9,400) for efficient year-round comfort and real wood Levelor 2-inch Venetian blinds installed throughout ($7,800), offering excellent light control and privacy. Additional custom upgrades include a built-in bookcase with a pull-out desk, smartly designed within previously unused closet space-ideal for a home office or study area. The living and dining rooms have been further enhanced with new electrical outlets and color-matched cover plates, creating a clean, cohesive, and polished finish. The open-concept living and dining area is filled with natural light and designed to accommodate multiple layout options, making it ideal for modern urban living. Recent renovations, combined with the functional floor plan, The home is complemented by a very large, dedicated storage unit, offering valuable extra space that enhances functionality and adds to the property's overall appeal-an uncommon and highly desirable feature in Downtown San Diego. this home truly move-in ready. Situated in a well-maintained community at 1551 4th Avenue, the property offers unbeatable access to Little Italy, Balboa Park, the Gaslamp Quarter, dining, shopping, and entertainment. Whether you are an owner-occupant or an investor seeking strong upside potential, this turnkey downtown condo delivers style, comfort, and future conversion potential. An exceptional opportunity to own a refined urban home with thoughtful upgrades in one of San Diego's most desirable locations.
Full Property Details
Full Property Details for 1551 Fourth Ave #409
General
- Price: $590,000
- HOA FEE: $777/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: PTP2509179
- Updated: 12/20/2025
- Days on Market: 31 days
- Added to Site: 31 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: 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.: $603.27
- Association Fee: $777
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
Listed by Palisade Realty, Inc, Ivan Butrus
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Schools
Schools serving 1551 Fourth Ave #409
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, San Diego, CA 1789 State Street, San Diego, CA 92101 | K-5 | 0.4 mi |
Roosevelt International Middle School 3366 Park Boulevard, San Diego, CA 92103 | 6-8 | 1.5 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
Date
Details
Price
Change
Source
12/17/2025
Listed
$590,000
-2.48%
MLS
12/28/2022
Sold
$605,000
—
Public Record
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
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
—
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
Estimate the Cost for 1551 Fourth Ave #409
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 $590,000 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.

