27Feb
By: Ryan Ponce On: February 27, 2019 In: Cortez Hill, Downtown San Diego Comments: 0

Buy Of The Week – Great Deal for a 2 Bedroom in Aria

Aria is my favorite building in Cortez Hill. The building has a modern vibe and clean European design. Aria features a lap pool, spa, community room with billiards, and a fitness facility.

Click Here to see Photos & Details

*Listing Courtesy Of  “Melissa Goldstein Tucci”

Aria – Condo For Sale:

  • 1st Floor
  • 2 Bedrooms
  • 2 Bathrooms
  • 1,261 Square Feet
  • 12′ Ceilings
  • No Direct Street Access
  • Balcony
  • 2 Parking Spaces
  • Offered at $525,000
  • Homeowners Dues: $718/mo

Why is this a steal?

The property is listed at $416.34 per square foot. That is unheard of in Aria! In the last 6 months, there hasn’t been any other residence to sell for under $500/sf. The average has been $535.24/sf. In fact, the unit next door is currently in escrow at a list price of $552.12 per square foot (range priced $698,000-$768,000)! This is an insane value.

Over the last 6 months, two bedrooms have sold from $575,000-$780,000. The condo that sold for $575,000 was 1,004 square feet, which is 20.4% smaller than this residence and it sold for $50,000 higher than this home is listed. About 2-3 times a year I come across a really good deal and this is definitely one of those times!

If you look at the original floor plan above, you can see that it was built out as a 3 bedroom. The previous owner took out the 3rd bedroom to open up the space and create a dining area. This could easily be restored if someone preferred to have the 3rd bedroom or office, however it did create a more open and inviting space!

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And Always Remember, It Matters Who You Work With!

Contact me
to schedule a private showing

Ryan Ponce - REALTOR®
DRE# 01902950
(619) 228-6790
Ryan@livingthesandiegolife.com
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