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For sale
  • Price cut: $10.1K (8/7)
    $349,900

    1225 Island Ave Unit 407, San Diego, CA 92101

    1beds
    720sqft
    : 
    $2,883/mo
    Get pre-qualified
    Condominium
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $486/sqft
    $550/mo HOA

    What's special

    This is a true fixer opportunity for a cash buyer ready to create value in one of downtown’s most vibrant and walkable neighborhoods. The condo requires substantial renovation and is being offered in its current condition, making it ideal for an investor or end user with vision and experience. Continued in supplement below What sets this property apart is the exceptional location. Step outside and you are surrounded by some of the area’s best restaurants, coffee shops, bakeries, parks and everyday conveniences including a trolley stop across the street. Petco Park is just a short walk away, as is the heart of the Gaslamp District, offering world-class dining, nightlife, and entertainment. With the right improvements, this condo has the potential to become a standout residence or investment in a highly desirable urban setting. Opportunities like this—where location does the heavy lifting—are increasingly rare. Cash buyers only. Renovation required. Location, upside, and long-term potential make this one worth a closer look. Last one bedroom in complex to sell sold for $485K in June 2026.
    30 days
    |
    1,891
    |
    72
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Mills DRE #01360992 619-606-2596,

    RE/MAX City Real Estate

    Source: SDMLS,MLS#: 260017571MLS LogoOriginating MLS: SDMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air Unit
      Cooling
      • Central Forced Air, Electric
      Appliances
      • Included: N/K, Water Heater Central
      • Laundry: Electric
      Features
      • Flooring: Other/Remarks
      • Fireplace features: N/K
      • Common walls with other units/homes: Middle
      Interior area
      • Total structure area: 720
      • Total interior livable area: 720 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Community Garage, Gated, Underground
      • Garage spaces: 1
      Features
      • Levels: 1 Story
      • Stories: 6
      • Patio & porch: Balcony
      • Pool features: N/K
      • Spa features: Community/Common, Yes
      • Fencing: Gate
      • Has view: Yes
      • View description: City, Neighborhood, City Lights
      • Frontage type: N/K
      Details
      • Additional structures: N/K
      • Parcel number: 5351561307
      • Special conditions: Need SS- No Lender Knwldg

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Modern
      • Property subtype: Condominium
      Materials
      • Other/Remarks
      • Roof: Other/Remarks
      Condition
      • Fixer
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer, Sewer Connected
      • Water: Public

      Community & HOA

      Community
      • Features: Gated Community, Pet Restrictions, Spa/Hot Tub
      • Security: Gated Community
      • Subdivision: DOWNTOWN
      HOA
      • Amenities included: Controlled Access, Pet Rules, Pets Permitted, Spa
      • Services included: Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup
      • HOA fee: $550 monthly
      • HOA name: Park Boulevard East
      Location
      • Region: San Diego

      Financial & listing details

      • Price per square foot: $486/sqft
      • Tax assessed value: $442,522
      • Annual tax amount: $5,738
      • Date on market: 7/17/2026
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/7/2026Price change$349,900-2.8%$486/sqft
        Source: SDMLS #260017571 Report a problem
        7/17/2026Listed for sale$360,000-9.8%$500/sqft
        Source: SDMLS #260017571 Report a problem
        3/16/2026Listing removed$399,000$554/sqft
        Source: SDMLS #250045967 Report a problem
        1/11/2026Contingent$399,000$554/sqft
        Source: SDMLS #250045967 Report a problem
        12/19/2025Listed for sale$399,000+776.7%$554/sqft
        Source: SDMLS #250045967 Report a problem
        7/29/2025Sold$45,512-89.1%$63/sqft
        Source: Public Record Report a problem
        7/19/2021Sold$417,000+12.7%$579/sqft
        Source: SDMLS #210014881 Report a problem
        6/11/2019Listing removed$2,100$3/sqft
        Source: NewWest Property Management Report a problem
        6/2/2019Listed for rent$2,100-48.8%$3/sqft
        Source: NewWest Property Management Report a problem
        5/10/2017Listing removed$4,100$6/sqft
        Source: Corporatelodging.com Report a problem
        5/9/2017Sold$370,000+39.6%$514/sqft
        Source: Public Record Report a problem
        3/8/2017Listed for rent$4,100$6/sqft
        Source: Corporatelodging.com Report a problem
        3/28/2008Sold$265,000-16.1%$368/sqft
        Source: Public Record Report a problem
        1/18/2008Sold$315,984-14%$439/sqft
        Source: Public Record Report a problem
        6/15/2005Sold$367,500$510/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,738 +4.2%$442,522 +2%
        2024$5,507 +2.3%$433,846 +2%
        2023$5,382 +2.8%$425,340 +2%
        2022$5,236 +14.6%$417,000 +14.2%
        2021$4,569 +0.3%$365,000
        2020$4,556 -2.2%$365,000 -5.2%
        2019$4,656 +1.8%$384,948 +2%
        2018$4,574 +25.5%$377,400 +25.8%
        2017$3,644 +1.7%$299,914 +2%
        2016$3,582 +1.6%$294,034 +1.5%
        2015$3,526 +7.1%$289,618 +7.3%
        2014$3,291 $270,000 +27.4%
        2013-- $212,000 +1.9%
        2012-- $208,000 -13.3%
        2011-- $240,000
        2010-- $240,000
        2009-- $240,000 -38.4%
        2008-- $389,673 +2%
        2007-- $382,034 +2%
        2006-- $374,544
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Village

        Getting around

        98 / 100
        Walker's Paradise
        80 / 100
        Excellent Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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