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.
For sale
Price cut: $10.1K (8/7)
$349,900
1225 Island Ave Unit 407, San Diego, CA 92101
1beds
720sqft
Condominium
Built in 2005
-- sqft lot
$-- Zestimate®
$486/sqft
$550/mo HOA
What's special
- 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#: 260017571
Originating 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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $349,900-2.8%$486/sqft |
Source: | ||
| 7/17/2026 | Listed for sale | $360,000-9.8%$500/sqft |
Source: | ||
| 3/16/2026 | Listing removed | $399,000$554/sqft |
Source: | ||
| 1/11/2026 | Contingent | $399,000$554/sqft |
Source: | ||
| 12/19/2025 | Listed for sale | $399,000+776.7%$554/sqft |
Source: | ||
| 7/29/2025 | Sold | $45,512-89.1%$63/sqft |
Source: Public Record Report a problem | ||
| 7/19/2021 | Sold | $417,000+12.7%$579/sqft |
Source: | ||
| 6/11/2019 | Listing removed | $2,100$3/sqft |
Source: NewWest Property Management Report a problem | ||
| 6/2/2019 | Listed for rent | $2,100-48.8%$3/sqft |
Source: NewWest Property Management Report a problem | ||
| 5/10/2017 | Listing removed | $4,100$6/sqft |
Source: Corporatelodging.com Report a problem | ||
| 5/9/2017 | Sold | $370,000+39.6%$514/sqft |
Source: Public Record Report a problem | ||
| 3/8/2017 | Listed for rent | $4,100$6/sqft |
Source: Corporatelodging.com Report a problem | ||
| 3/28/2008 | Sold | $265,000-16.1%$368/sqft |
Source: Public Record Report a problem | ||
| 1/18/2008 | Sold | $315,984-14%$439/sqft |
Source: Public Record Report a problem | ||
| 6/15/2005 | Sold | $367,500$510/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: East Village
Nearby schools
GreatSchools rating
- 4/10Sherman Elementary SchoolGrades: K-5Distance: 0.6 mi
- 2/10Logan Memorial Educational CampusGrades: K-12Distance: 1.4 mi
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