Element Condos for Sale in East Village

A 8-story mid-rise building in East Village

Element keeps East Village living simple, practical and close to everything. Element is an 8-story condominium building at 550 15th Street in East Village, in Downtown San Diego’s 92101 zip code. Completed in 2006 by Centex Homes, its 65 homes sit at the southwest corner of Market Street and 15th, a short walk from Petco Park.

Element is a small, easygoing building with one perk downtown buyers love: its own parking, with 76 spaces reserved solely for residents. With only 65 homes, it has a relaxed, neighborly feel, plus an on-site fitness center, gated security and storage for every home. Up to two pets are welcome, and monthly dues are among the more approachable in East Village, which makes Element a natural fit for first-time buyers and investors.

In East Village, game days at Petco Park, weekend brunch and an evening at a local brewery are all a short walk away, and the neighborhood’s parks and dog-friendly streets make everyday life easy. For buyers who want a comfortable, lower-key alternative to downtown’s high-rises, Element is an easy place to call home.

Street Address: 550 15th Street
HOA Fees: $480–$620/mo (2026 data)
Storage: yes
Pets: 2
Pool: No
Spa: No
Year Built: 2006
Units: 65
Stories: 8
Guest Suites: No
Exercise: Yes
BBQ: No
Concierge: No
Security: gated community
Guest Parking: No
Lease Restrictions: 30-day minimum
Builder: Centex Homes
HOA Management Group: Action Property Management
HOA Phone Number: 800-400-2284 / 949-450-0202

Element condos for sale

Element market snapshot, October 2026

4 homes are for sale at Element, listed from $375,000 to $460,000.

Over the past 12 months, 5 homes sold at a median price of $420,000 ($579 per square foot), ranging from $305,000 to $585,000. The typical home sold in 73 days.

Based on MLS data compiled by The Neuman Team. Updated October 5, 2026. Information deemed reliable but not guaranteed.

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Floor plans at Element

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Lifestyle in Element condos

Is Element right for you?

Element suits buyers who would rather live in a smaller, lower-key building than a high-rise, the kind of place where neighbors get to know each other. With dues of $480–$620 a month, it’s also worth a close look for first-time buyers and investors watching monthly costs. Pet owners will appreciate the policy, which allows up to two pets per unit. For anyone who wants restaurants, coffee and nightlife within a few blocks, the location is hard to beat.

What to weigh before you buy

Dues run $480–$620 a month (based on 2026 sales and listings), covering the fitness center, gated security and common-area upkeep. There is no pool, concierge or guest parking, so visitors use nearby street or public parking. The association is managed by Action Property Management.

Leases must be at least 30 days, so nightly rentals aren’t allowed, but monthly and longer rentals are.

Buying or selling at Element

The Neuman Team has represented buyers and sellers of Downtown San Diego condominiums since 1981, with more than 7,400 closed sales, and has been #1 in 92101 for homes sold since 2000. Contact us to see which homes at Element are available, or to find out what your unit could sell for today.

Frequently Asked Questions

Does Element allow pets?

Yes. Element allows up to two pets per unit. Check the HOA’s current rules before you buy, as policies can change.

What are the HOA fees at Element?

HOA dues at Element run about $480–$620 per month, based on 2026 sales and listings. Dues cover the fitness center, gated security and common-area upkeep. The association is managed by Action Property Management.

Can I rent out my Element condo?

Yes, with limits. Element requires a 30-day minimum lease, as California law allows condo associations to do, so nightly and weekly short-term rentals such as Airbnb aren’t allowed. Monthly and longer rentals are permitted under the HOA’s rules.

What amenities does Element have?

Element offers a fitness center and gated security. Homes include storage. There is no pool, concierge or guest parking.

Where is Element in Downtown San Diego?

Element is at 550 15th Street in East Village. The 8-story mid-rise building of 65 homes was completed by Centex Homes in 2006.