Buy Of The Week – Square Footage at a Discount
Renaissance is located in Downtown San Diego’s Marina District. The most exciting thing about this location are the plans for, what is currently, Horton Plaza. The property is undergoing an extensive remodel and addition with goals of becoming a tech hub. The project will include nearly a million square feet of office space geared towards the tech sector, as well as a retail component through the center of the project. This project, coupled with Bosa’s tech office space one block to the north, will hopefully add thousands of high paying jobs to the area.
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Renaissance – Condo For Sale:
- 11th Floor
- 2 Bedrooms
- 2.5 Bathrooms
- 1,700 Square Feet
- Northeast Orientation
- 2 Parking Spaces
- Offered at $850,000
- Homeowners Dues: $956.93/mo
*Listing Courtesy Of “Berkshire Hathaway HomeService – Gregg R Neuman”
What makes this property great?
Besides the transformation that is happening just one block away, this residence has a lot going for it. For starters, it is listed at just $850,000 for 1,700 square feet! That comes out to only $500/sf in a neighborhood that averages $621.77/sf year to date. If you were to use the average price per square foot, which includes inferior buildings and townhomes, you would be at a price of $1,057,009!
This residence does have a few great upgrades. The kitchen features newly remodeled cabinets and upgraded counters. The master bathroom has also been remodeled and features a nice walk in shower and upgraded dual sink vanity. The mirrors and lighting in the master bathroom have also been modernized. Not only is this one of the best locations in Downtown in my opinion, but I think this is one of the best value buys on the market right now!