$3,995,000
Special Offer:
(If you do not have an agent and work directly with the listing agent)
No
About This Home
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 DiegoAca?!a?cs 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 todayAca?!a?cs 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 StreetAca?!a?cs renowned dining, cafA?A(C)s, the Little Italy Farmers Market, and San DiegoAca?!a?cs 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
1525 Union St #1537 San Diego, CA 92101
Listing Agent
