There is a new condo at The Mark San Diego, #808 for $525,000. This is a 1 bedroom, 1 bath residence, approximately 739 square feet and features hardwood floors, custom lighting, stainless steel appliances, granite counters, paneled walls, exposed concrete, 1 parking space underground and a private south facing balcony with views of the Downtown San Diego Skyline and San Diego Bay.
I recently put #1208 into escrow for a little less than this price. However, this is The Mark, which is more popular than most Downtown San Diego Condos. Therefore, I could see this condo getting an offer for somewhere north of $500K. There are a number of premium upgrades in the unit to justify a higher price point. In fact, the MLS states $65,000 in upgrades, including built ins and motorized window coverings.
If you were looking to buy this as an investment property, it would rent for approximately $2600 per month. The HOA fees for this particular unit are $644 per month.
The Mark Condos is one of the premier developments throughout the Downtown San Diego Real Estate Market. It is located at 800 The Mark Lane in the heart of East Village, steps from Petco Park and the Gaslamp Quarter. It was built by Douglas Wilson back in 2007 and represents 33 stories with a total of 244 condos. Amenities include 24 hour security, concierge, fitness center, business conference room, pool, spa and grass knoll where you rent out croquet and bocce ball for afternoon fun.
For additional information on this condo or for a private showing, contact your Downtown Condo Showroom agent today!