Jeff Brick · CompassQuestions about this home? Call or text Jeff, 858-324-4448
$369,000

1551 4th Ave Unit 504, San Diego, CA 92101

0Beds
1Baths
523Sq ft
1996Built
15,034Lot sq ft

Listed by Amanda Mitts, Real Broker · 619-992-9156

Jeff Brick
Your agent for this homeJeff BrickREALTOR® · Compass · 2026 SDMLS President
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About this home

NEW PRICE! MOTIVATED SELLER – PRICED TO SELL ASAP! Fresh off a $20,000 price reduction, this is officially downtown’s best value opportunity. Perfectly positioned between the historic charm of Cortez Hill and the vibrant culinary scene of Little Italy, this sleek, modern studio at Solara Lofts is the epitome of functional city living. The versatile, open-concept floor plan lives much larger than its footprint, featuring floor-to-ceiling windows with expansive city views, a rare gas cooking range (a true downtown luxury), and a built-in Murphy bed that seamlessly transitions the space from a bright daytime office to a cozy evening retreat. To make your move entirely effortless, this unit can be sold fully furnished and comes complete with an in-unit washer/dryer, dedicated storage, and assigned parking. What truly sets Solara Lofts apart is its resort-style wellness suite. Enjoy a fully equipped fitness center, soothing sauna, private massage rooms, and the only indoor racquetball court in a downtown residential building. When hosting, the community lounge offers pool tables and the rarest find of all, secured guest parking for your visitors. Whether you’re a first-time buyer looking for a stylish primary residence or an investor seeking a high-demand turnkey property near the Mercato farmers market and Balboa Park, this unit delivers. Walk to San Diego’s best dining, grab a coffee in the Piazza della Famiglia, and bring your offers today before this newly priced gem is gone!

Remarks provided by the listing agent through SDMLS.

Home facts

Everything SDMLS reports for this home
$706Price per sq ft
$762/moHOA dues
NoneMello-Roos / CFD
15,034 sq ftLot · 0.35 acres
1 garageParking spaces
NoADU / guest unit
199630 years old
53Days on market

Interior

Bathrooms1 full
Living area523 sq ft
Levels1 Story
RoomsBreakfast AreaExercise RoomSauna/SteamKitchenLiving RoomEntryGymLaundry
AppliancesDishwasherDisposalDryerMicrowaveRefrigeratorWasherGas StoveGas Cooking
FlooringTileWood
Interior featuresBalconyGranite Counters
LaundryElectric

Heating, cooling & utilities

HeatingForced Air Unit (Electric)
CoolingCentral Forced Air
WaterMeter on Property
SewerSewer Connected, Public Sewer

Exterior & lot

Lot size15,034 sq ft (.25 to .5 AC)
ViewCityEvening LightsCity Lights
Patio & porchBalcony
FencingGate, Security

Construction

Year built1996
Exterior wallsStucco
Shared wallsEnd Unit

Parking

Garage spaces1
Total spaces1
Parking featuresAssignedGatedUnderground

HOA, fees & community

HOA dues$762 a month
Total monthly fees$762
Mello-Roos / CFDNone
AssociationAction Property Mang.
ComplexSolara Lofts
AmenitiesBilliard RoomGym/Ex RoomRacquetball CourtSecurity
Community featuresExercise Room
PetsAllowed w/Restrictions
Known restrictionsCC&R's

Property & listing details

Home typeCondominium
OwnershipCoop
ZoningR-1:SINGLE
Parcel number (APN)533-384-17-39
NeighborhoodCortez Hill
Subdivision / tractDOWNTOWN
MLS areaMetro Central
Unit504
CountySan Diego
Accepted financingCash, Conventional, VA
Listed onSep 18, 2026
Original list price$369,000
Last price changeSep 18, 2026
Days on market53
MLS #260022999

Facts from San Diego MLS as reported by the listing agent. Deemed reliable but not guaranteed. Questions about any detail? Text Jeff.

Off-market · not on Zillow, Redfin or the MLS

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What it costs to own

Your estimated monthly cost

— / month
Principal & interest—
Property tax (1.251% a year)—
Home insurance (California average)—
HOA dues$762
Income needed (housing at 28% of gross pay)—
Down payment—
Property tax for the year—

Rate starts at the Freddie Mac 30-year average, week of November 5, 2026.

Rent vs. buy

Typical rent in 92101 is about $2,917/month. Owning this home runs about — more each month before tax benefits and equity.

Home values in 92101
−4%1 year
+3%5 years
+21%10 years

Estimates, not a loan quote. Tax uses the San Diego County City of San Diego rate on the list price; insurance is the California average policy; rent and value trends are Zillow indexes for the ZIP. Mortgage calculator · Cost to own in San Diego · Insurance and lending pros

This home vs. its market

Downtown San Diego is a Buyer's market

6.6 months of inventory for condos in October 2026. Under 3 months favors sellers, 3 to 6 is balanced, over 6 favors buyers.

$706Price per sq ft (area: $745, 5% below)
53 daysOn market (area median: 35 days)
$621,250Area median condo price (−8% vs last year)
98%Of list price that sellers got

Area figures: San Diego MLS closed sales, October 2026, condos in ZIP 92101, compiled by Jeff Brick.

The neighborhood

Living in Downtown San Diego

$717,500Median sale price
73Avg. days on market
247Homes for sale

Market data: SDMLS.

Read the full Downtown San Diego guide →
Schools

Schools for this home

Schools as listed in SDMLS. Confirm enrollment boundaries with the school district.

See all Downtown San Diego schools in Jeff's guide →

Similar homes nearby

Based on information from the San Diego Multiple Listing Service as of November 11, 2026 at 4:21 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jeff Brick, REALTOR® · Compass · California DRE #02156850 · Report a listing error

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