By: Ryan Ponce On: February 27, 2018 In: Columbia District, Downtown San Diego Comments: 0

Buy Of The Week – Southeast Corner in Electra has Panoramic Views

Electra is located in Downtown San Diego’s Columbia District.  Electra was built by Bosa Development in 2007 and features some of the most elegant common areas in Downtown San Diego. The building has a very classy design throughout it’s lobby, amenities, and hallways. The community includes a welcoming lobby with a 24 hour attendant, security, a very large entertaining atrium with a kitchen, fully equipped fitness facility, 5th floor pool, spa, steam room, sauna, and outdoor community BBQs.

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*Listing Courtesy Of  “Berkshire Hathaway HomeService”

Electra Condo For Sale:

  • 2 Bedroom
  • 2 Bathrooms
  • 1,548 Square Feet
  • 15th Floor
  • Panoramic City and Bay Views
  • Southeast Orientation
  • 2 Parking Spaces
  • Storage Unit
  • 2 Private Balconies
  • Offered at $1,199,000
  • Homeowners Dues: $895/mo

Text “BOTW” to (619) 430-4212 for the latest “Buy of the Week”

Why is this a great deal?

Over the last three years, prices have been rising at a rate of approximately 6% annually. If you look at prices in February 2018, the prices should be considerably higher than it was 3 years ago. The last 3 floor plans to sell in the same stack as this residence all sold in 2015. The 14th floor sold for $1,235,000, this residence sold for $1,167,000, and the 19th floor sold for $1,385,000! So 3 years ago, one floor lower sold for more than the current list price. The 19th floor, just 4 floors up, sold for $186,000 more! This “Buy Of The Week” just saw a $96,000 price reduction and I don’t think it will last long!

The southeast corner is the most desirable floor plan in the building, excluding the penthouse residences. Not only does this corner have a great floor plan, there are 2 balconies and panoramic views of the bay, ocean, and city. This remains one of my favorite views in this price range.

There are so many changes proposed to San Diego’s bay front. Not only are we seeing 2 new luxurious high rise communities, Savina and Pacific Gate, but we are seeing hotels, shopping, and fine dining coming to the neighborhood. This is an exciting time in Columbia District. Electra, is just steps from Santa Fe Depot, as well as both Little Italy and Marina District.

Floors Up
Square Feet
Year Built

And Always Remember, It Matters Who You Work With!

Contact me
to schedule a private showing

Ryan Ponce - REALTOR®
DRE# 01902950
(619) 228-6790