Laurel Bay Barcelona Floorplan
1
Beds
3
Baths
1,253
SQ. FT.
2
Levels
1
Beds
3
Baths
1,253
SQ. FT.
2
Levels
2400 5th Avenue
Laurel Bay Condos for Sale in Bankers Hill
Built 2003 4 stories 150 homes HOA $680–$750/mo (2026 sales)
Overview
A 4-story low-rise building in Bankers Hill
At Laurel Bay, Balboa Park is practically the front yard. Laurel Bay is a 4-story condominium community at 2400 5th Avenue in Bankers Hill, on the northern edge of Downtown San Diego’s 92101 zip code. Completed in 2003, its 150 homes sit a short walk from Balboa Park, with studios, one-bedrooms and two-bedrooms to choose from.
Bankers Hill is one of San Diego’s most graceful neighborhoods: leafy streets, Victorian-era homes alongside modern condos, and Fifth Avenue’s neighborhood restaurants and wine bars within an easy stroll. Laurel Bay fits right in. It’s a comfortable, low-rise alternative to downtown’s towers, with a pool and spa for warm afternoons, a fitness center, a BBQ area, on-site security and a pet-friendly policy that allows up to two pets per home.
The location does a lot of the work. Balboa Park’s museums, gardens and trails are practically the backyard, Hillcrest’s restaurants are just up the road, and downtown and Little Italy are a few minutes away by car or bus. For buyers who want a calmer pace without giving up the city, Laurel Bay is an easy place to call home.
Quick Facts About Laurel Bay
- Year Built
- 2003
- Stories
- 4
- Units
- 150
- HOA Fees
- $680–$750/mo (2026 sales)
- Pets
- Yes ( 2 Pet Limit)
- Lease Restrictions
- 30-day minimum
- Guest Parking
- No
Amenities
- PoolGround Level
- SpaGround Level
- Fitness center
- BBQ area
- Security
More building details
- Guest Suites
- No
- Concierge
- No
- HOA Management Group
- Action Property Management
- HOA Phone Number
- 800-400-2284
Laurel Bay condos for sale
October 2026
Laurel Bay market snapshot
2for sale$424K–$569K
$680,000median sale pricepast 12 months
$752per square footmedian
20days to selltypical
10soldpast 12 months
2 homes are for sale at Laurel Bay, listed from $424,500 to $569,000.
Over the past 12 months, 10 homes sold at a median price of $680,000 ($752 per square foot), ranging from $470,000 to $849,000. The typical home sold in 20 days.
Recent sales at Laurel Bay
| Closed | Floor | Beds / baths | Sq ft | Sold price | Per sq ft |
|---|---|---|---|---|---|
| Aug 2026 | Floors 1–9 | 1 bd / 1 ba | 801 | $588,000 | $734 |
| Jul 2026 | Floors 1–9 | Studio / 1 ba | 638 | $487,000 | $763 |
| Jul 2026 | Floors 1–9 | 1 bd / 1 ba | 800 | $539,000 | $674 |
| May 2026 | Floors 1–9 | 1 bd / 1 ba | 801 | $600,000 | $749 |
| May 2026 | Floors 1–9 | 2 bd / 2 ba | 1,107 | $760,000 | $687 |
Based on MLS data compiled by The Neuman Team. Updated October 18, 2026. Information deemed reliable but not guaranteed.
The Neuman Team
Ask About Laurel Bay
#1 in 92101 for homes sold since 2000. Ask us about current listings, recent sales, HOA dues or what your home could sell for.
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Floor plans at Laurel Bay
1
Beds
3
Baths
1,253
SQ. FT.
2
Levels
Laurel Bay Marseille Floorplan
2
Beds
2
Baths
1,107
SQ. FT.
1
Levels
Laurel Bay Valencia Floorplan
1
Beds
1.5
Baths
924-948
SQ. FT.
2
Levels
Laurel Bay Granada Floorplan
1
Beds
1
Baths
800
SQ. FT.
1
Levels
Laurel Bay Nice Floorplan
1
Beds
1
Baths
787 - 800
SQ. FT.
1
Levels
Laurel Bay Balearic Floorplan
Studio
Beds
1
Baths
734
SQ. FT.
1
Levels
Lifestyle in Laurel Bay
Is Laurel Bay right for you?
Laurel Bay 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. Pet owners will appreciate the policy, which allows up to two pets per unit. For anyone who wants a calmer neighborhood with Balboa Park and Downtown San Diego close by, the location is a real draw.
What to weigh before you buy
Dues run $680–$750 a month (based on 2026 sales), covering the pool, spa, fitness center, BBQ area and common-area upkeep. There is no 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 Laurel Bay
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 Laurel Bay are available, or to find out what your unit could sell for today.
Frequently Asked Questions
Does Laurel Bay allow pets?
Yes. Laurel Bay allows up to two pets per unit, and Balboa Park is a short walk away for daily dog walks. Check the HOA’s current pet rules for any size or breed restrictions before you buy.
What are the HOA fees at Laurel Bay?
HOA dues at Laurel Bay run about $680–$750 per month, based on 2026 closed sales. Dues cover the ground-level pool and spa, fitness room, BBQ areas, security and common-area upkeep. The association is managed by Action Property Management.
Can I rent out my Laurel Bay condo?
Yes, with limits. Laurel Bay requires a 30-day minimum lease, 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 Laurel Bay have?
Laurel Bay offers a ground-level pool and spa, a fitness room, BBQ areas and building security. As a four-story building of 150 homes, it has a quieter, more residential feel than the downtown high-rises.
Where is Laurel Bay?
Laurel Bay is at 2400 5th Avenue in Bankers Hill, near the corner of 5th and Laurel, close to Balboa Park and a short drive or bus ride to downtown and Little Italy. It was built in 2003.
