1501 India Street 205

San Diego , CA 92101

MLS#: 250043886SD

$1,099,000

Status: Active
Listing number: 250043886SD
Listing provided by: Pacific Sotheby's International Realty
Listing agent phone: None
Last update: 5 hours ago
New on site 1 day ago
Browse Properties
Downtown - Residential

Property

Beds

2

Full Baths

1

1/2 Baths

2

Year Built

2002

Sq.Footage

1,800

RARE PURCHASE & INVESTMENT OPPORTUNITY IN LITTLE ITALY, this "Live/Work" condo offers a 2 bedroom residential condo with an additional 475 sq. ft. retail storefront that has an active commercial business at $3,090 mo. The residential condo has a long-term tenant w/rent at $3,450 per month, in addition to a great long-term income at $3,000 mo. CAP rate is at 5.2 and is located in best area of Little Italy There are only 5 live/work condos in this community in the heart of Little Italy, and Little Italy has one of the strongest tourist & business climates in downtown San Diego. Live/Work Condo in the heart of Little Italy offers 1,800 total sq. ft. total with approx. 1,325 sq. for residential condo and 475 sq. ft. for retail storefront. New tenant in retail storefront with a 5 year lease with over $100,000 invested in tenant improvements. Residential condo offers amazing living in Little Italy, steps away from main Piazza and San Diego's popular Farmers Market on Saturday!!

Features & Amenities

Interior

  • Other Interior Features

    Granite Counters, High Ceilings, Pantry

  • Total Bedrooms

    2

  • Bathrooms

    1

  • 1/2 Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Stucco

  • Other Exterior Features

    Balcony

  • Parking

    Garage, Garage Door Opener, Gated, Community Structure

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

Price

  • Sales Price

    $1,099,000

  • Sq. Footage

    1, 800

  • Price/SqFt

    $610

HOA

  • Association

    Yes

  • Association Fee

    $900

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Association Amenities

    Clubhouse, Fitness Center, Maintenance Grounds, Insurance, Trash

  • Senior Community YN

    NO

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Location

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San Diego

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Listing Courtesy of Eric Jones , Pacific Sotheby's International Realty

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RARE PURCHASE & INVESTMENT OPPORTUNITY IN LITTLE ITALY, this "Live/Work" condo offers a 2 bedroom residential condo with an additional 475 sq. ft. retail storefront that has an active commercial business at $3,090 mo. The residential condo has a long-term tenant w/rent at $3,450 per month, in addition to a great long-term income at $3,000 mo. CAP rate is at 5.2 and is located in best area of Little Italy There are only 5 live/work condos in this community in the heart of Little Italy, and Little Italy has one of the strongest tourist & business climates in downtown San Diego. Live/Work Condo in the heart of Little Italy offers 1,800 total sq. ft. total with approx. 1,325 sq. for residential condo and 475 sq. ft. for retail storefront. New tenant in retail storefront with a 5 year lease with over $100,000 invested in tenant improvements. Residential condo offers amazing living in Little Italy, steps away from main Piazza and San Diego's popular Farmers Market on Saturday!!

1501 India Street 205

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