San Diego, CA 92101,1525-1537 Union St
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San Diego, CA 92101,1525-1537 Union St
San Diego, CA 92101,1525-1537 Union St
San Diego, CA 92101,1525-1537 Union St
San Diego, CA 92101,1525-1537 Union St
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$ 3,995,000
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1525-1537 Union St San Diego, CA 92101

2,304 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $1,733

MLS Listing ID 2601084

Lot Size 4,908 Sqft

Property Sub-Type Com-Res Income

Property Description

Located in the heart of Little Italy, this fully gated complex offers a unique opportunity to acquire a prime turn-key, proven income-producing investment in one of downtown San Diego's most desirable locations. The property consists of 8 studio bungalows, each with their own full kitchen, bathroom and patio space, community laundry, and all beautifully restored by award-winning architect Jonathan Segal, FAIA to attract today's urban and short-term renters. The property is historically designated granting special eligibility for short-term rentals, a feature not available to most properties in the area, and has a Mills Act contract for substantial tax savings. Just steps from India Street's renowned dining, cafés, the Little Italy Farmers Market, and San Diego's iconic waterfront, this walkable location drives exceptional year-round demand. Residents and guests enjoy easy access to the harbor, marina, waterfront Embarcadero, Gaslamp Quarter, and major freeways. Currently operating as successful short-term rentals, this property provides both immediate cash flow and long-term upside. This is truly not one to be missed!

Location

State CA

County San Diego

Community Other/Remarks

Area Metro Central

Direction Kettner Blvd to 5 South exit/continue on Front St. Right on Cedar St. Left on Union St.

Interior

Heating Wall

Cooling Wall/Window

Flooring Hardwood, Tile

Fireplace No

Laundry Owned

Exterior

Parking Features None

View Y/N No

Roof Type Tile,Other/Remarks

Building

Dwelling Type Other/Remarks

Story 1

Others

Senior Community No

Tax ID 533-342-04-00

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/2601084


MLS Router / San Diego MLS
Listed by Tim Van Damm Berkshire Hathaway HomeServices California Properties
Pam Wenhe

Pam Wenhe

Broker | License ID: 01325484

+1(619) 892-3300

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1525-1537 Union St