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Short Sale Approved at $360,000. 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.
| Address |
1225 Island Aveneue
Unit# 407 San Diego, CA 92101 |
| Listing Status | Active |
| Asking Price | $360,000 |
| On Market Date | $360,000 @ 2026-07-17 |
| Listed / On-Market Entered | 2026-07-17T12:14:32Z |
| Original Entry | 2026-07-17T12:04:07Z |
| Property Condition | Fixer |
| Square Footage | 720 sf |
| Bedrooms | 1 |
| Full Bathrooms | 1 |
| Directions | Cross Street: Park Blvd. |
| Market Area | 92101 - San Diego Downtown |
| Neighborhood | East Village |
| Complex | Downtown |
| School District | Not Listed |
| Age Restriction | 0 |
| Property Type | |
| Mello-Roos Fee | $0 |
| HOA Fee | $550 |
| HOA Amenities | Insurance, Pets Permitted, Pet Rules, Hot Water, Sewer, Trash, Controlled Access, Spa/Hot Tub, Maintenance Grounds |
| County | San Diego |
| Assessor Parcel# | 5351561307 |
| Nothing Found | The exact location of this property could not be determined from its listed address. Location features such as the Map, Containing Areas, Highway Locator, Google Street View, and Ocean Distance are not available. |
| Style | Condominium |
| Material | Not Listed |
| Lot Size | |
| Fencing | Not Listed |
| Topography | Not Listed |
| Roof | See Remarks |
| Entry Steps | 4 |
| Swimming Pool | None |
| Parking |
Community Structure
Assigned
Gated
Total Spaces: 1
Garage Spaces: 1
Non-Garage Spaces:
0 -
0.00
|
| View | City Lights, Neighborhood |
| Year Built | 2005 (source: Assessor) |
| Laundry Location | Inside,Electric Dryer Hookup |
| Elevator | Not Listed |
| Cooling | Electric, Central Air |
| Heating | Electric, Forced Air |
| Fireplaces | Not Listed (0) |
| Security | Gated Community |
| Additional Parcels | No |
| Appliances | No |
| Assessments | No |
| Association | Yes |
| Association Fee 2 | 0 |
| Association Fee Frequency | Monthly |
| Attached Garage | No |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Construction Materials | Other |
| Cooling | Yes |
| Entry Location | 1 |
| Heating | Yes |
| Land Lease | No |
| Laundry | Yes |
| Levels | One |
| Living Area Source | Assessor |
| Lot Features | Corner Lot |
| Lot Size Source | Assessor |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | Yes |
| Patio | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | Yes |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | CRMLS |
| AOR | San Diego |
| MLS Number | 260017571SD |
| Courtesy of | RE/MAX City Real Estate |
| Listing Agent | Mark Mills |
https://www.sandiegocondofinder.com/260017571SD