Best San Diego condo for $1,000,000?

OK, let’s pull out all the cliches:

The three most important factors in buying Downtown San Diego real estate are Location, Location, Location…

They’re not going to create any more ocean, so buy a San Diego Oceanview Condo now…

It’s a million dollar view…

Electra #2506 has it all

The “06 stack” has been the most valued floorplan at Electra Condos.  On the Southeast corner of San Diego’s tallest residential building, the views of the Marina District and Coronado are fabulous.  The two patios provide an outdoor retreat at all hours that are less breezy than many condos this high.

It’s the floorplan at Electra Condo #2506 that has maintained it’s desirability.  It is a comfortably proportioned 2 BR/2BA of 1,548 sf.  Square footage, however is only a small element of this home.  The home is very open and flows very logically.  The openness of the primary living space is immediately apparent.

Split bedrooms provide privacy, not merely separated by the living room.  Unlike many homes at Electra,  this condo has large, square rooms.  It is truly an exceptional property.

Price reduction of $200,000 at Electra #2506

Let’s start by acknowledging that a price reduction does not implicitly make a “good deal.”  When a property comes on the market drastically overpriced and sits, a price reduction only signifies that the property was overpriced.

Electra #2506 came on the market at the lowest price among the sold comps over the past two years–and $50,000 less than its current owner paid 23 months ago.  The homeowner has no mortgage on the property and clearly in this case, is shouting how motivated they are to sell the property and cash out. 

It’s going to be a beautiful weekend.  Come see the view from the 25th floor on the 4th of July!

Call me at 858.432.3203 or email david.manes@welcometosandiego.com to schedule a showing.