850 Beech Street #511 San Diego, CA 92101

$860,000
3
Beds
2
Baths
0.92
Acres
1,285
SQFT
669
$/SQFT
$860,000
3
Beds
2
Baths
1,285   sf
$669 / sf
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price reduced
1/67
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A premier investment asset or turn-key primary residence, this rare TRUE 3-bedroom corner home in Cortez Hill boasts a proven $7,000/month furnished rental history, includes two secure parking spaces. This presents an exceptional, high-yield opportunity for out-of-state buyers and savvy investors looking for immediate, hassle-free ROI in downtown San Diego. Welcome to the building's most desirable southeast corner layout. Positioned on the 5th floor of the prestigious 'Discovery' building, Unit 511 features an expansive great room framed by dramatic floor-to-ceiling windows, 10-foot ceilings, a cozy fireplace, and commanding mountain and city views. Unlike the standard, dense 2-bedroom inventory flooding the market, this spacious 1,285 sq ft, 3-bedroom configuration completely outpaces the competition—making it a magnet for remote executives, corporate tenants, and families alike. The fully equipped kitchen with breakfast bar seating flows seamlessly into the living spaces and out onto an oversized private terrace, perfect for outdoor dining, lounging, and a BBQ. Living at The Discovery offers a true resort experience with 24-hour concierge services and unmatched amenities, including a 10th-floor lap pool and hot tub with panoramic views, a full gym, sauna, steam room, and a vibrant social lounge. Several building events throughout the year create a welcoming, strong sense of community that keeps tenants staying longer. Situated in Cortez Hill—downtown’s most peaceful, elevated neighborhood pocket—you are just minutes from Little Italy, Balboa Park, and the waterfront. This property represents the ultimate blend of plug-and-play convenience, verified luxury income, and blue-chip San Diego real estate.

A premier investment asset or turn-key primary residence, this rare TRUE 3-bedroom corner home in Cortez Hill boasts a proven $7,000/month furnished rental history, includes two secure parking spaces. This presents an exceptional, high-yield opportunity for out-of-state buyers and savvy investors looking for immediate, hassle-free ROI in downtown San Diego. Welcome to the building's most desirable southeast corner layout. Positioned on the 5th floor of the prestigious 'Discovery' building, Unit 511 features an expansive great room framed by dramatic floor-to-ceiling windows, 10-foot ceilings, a cozy fireplace, and commanding mountain and city views. Unlike the standard, dense 2-bedroom inventory flooding the market, this spacious 1,285 sq ft, 3-bedroom configuration completely outpaces the competition—making it a magnet for remote executives, corporate tenants, and families alike. The fully equipped kitchen with breakfast bar seating flows seamlessly into the living spaces and out onto an oversized private terrace, perfect for outdoor dining, lounging, and a BBQ. Living at The Discovery offers a true resort experience with 24-hour concierge services and unmatched amenities, including a 10th-floor lap pool and hot tub with panoramic views, a full gym, sauna, steam room, and a vibrant social lounge. Several building events throughout the year create a welcoming, strong sense of community that keeps tenants staying longer. Situated in Cortez Hill—downtown’s most peaceful, elevated neighborhood pocket—you are just minutes from Little Italy, Balboa Park, and the waterfront. This property represents the ultimate blend of plug-and-play convenience, verified luxury income, and blue-chip San Diego real estate.

  • Neighborhood
  • Type
  • Total Baths
  • County
    San Diego
  • HOA Dues
    $1,274/mo
  • Status
    Active
  • Listing #
    NDP2605592
  • Built
    2003
  • Lot Size
    0.92
  • Listed on site
    40 days

Listed by:
Goat & Dime

Source:
CRMLS

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Property details

Community Features

  • Community Pool
  • Gated Community
  • Community Fitness Room
  • Has HOA
  • Not Age Restricted

View

  • City view

Exterior features

  • Balcony
  • Has garage
  • Hot Tub
  • No Pool
  • Parking

Interior Features

  • Central Air Conditioning
  • Gas Oven
  • Granite Counters

Style

  • Ranch / One Story
  • End Unit
  • One Story

Property History

DateDays AgoEventNew Price
Jul 20, 202622 hours agoPrice decreased35,000 (4%)$860,000
Jun 10, 20261 mo agoNew on market$895,000
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