1642 7th Ave. #525, MLS#150005541
Recently listed is a contemporary loft at The Mills in Cortez Hill, a neighborhood located in Downtown San Diego. This one bedroom plus a loft features bright hardwood floors and incredibly high ceilings. The kitchen and bathrooms have modest upgrades with light toned wood cabinetry and speckled granite. The kitchen itself flows nicely into the living space which feels light and airy with the high ceilings. There is a modern fireplace in the corner of the living room with a mantle that can fit a good sized TV. The bedroom and bathroom area are located on the lower floor, with the bathroom separate from the bedroom which is great if you like to entertain. Inside the bathroom there is a spacious closet area with washer/dryer hookups and some room for storage shelves. From the entry point of the unit there is a stairway leading up to a bright loft with a large outdoor space. This would be perfect for an office or guest sleeping area and features fantastic views of the San Diego Bay and airport. The outdoor space is perfect for a small group to eat dinner, enjoy the views or just a glass of wine. This contemporary loft at The Mills in Cortez Hill is priced well from $429,000-$449,000, but buyers need to be aware that this building is in litigation so financing options will be limited.
The Mills was built in 2004 and features a recreation room, fitness center, controlled access, and an underground garage parking. The common areas are well maintained and the HOA’s for this building are $385 per month. The community is a great investment opportunity as it is moderately priced and rents would carry well with this Downtown neighborhood.
The Mills is a quaint community located in Downtown San Diego’s Cortez Hill neighborhood tucked away from the hustle and bustle of the Gaslamp, but nestling right up next to Downtown San Diego’s Little Italy neighborhood hosting a famous farmers market. Cortez Hill feels more like a neighborhood and not necessarily “Downtown,” but you are still able to walk to bars, restaurants, area attractions, and more. Both a pro and a con of this neighborhood and community is the close access to freeways where some units are affected by the freeway noise, but makes for ease of access for the daily commuters.