Little Italy Income
1525-1537 Union St, San Diego, CA 92101
Call to check price and availability
Turn-key investment in a prime Little Italy location.
Type:Multifamily
Property size:
2,304 SFPrice / SF:
$1,733/SF- Added:
- Jan 14, 2026
- Days on Market:
- 118
- Last Refresh:
- Mar 19 at 9:32 pm
Property Features for 1525-1537 Union St
General Information
- Standard status
- Active
- Size
- 2,304 SF
- Property subtype
- Multifamily
Listing agent Tim Van Damm License #CA 02011614
Listing office Berkshire Hathaway HomeServices California Properties (858) 663-0911
Listing date Jan 14, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices California Properties
HighLights
- Proven income‑producing investment property with 8 studio bungalows.
- Historically designated, granting special eligibility for short‑term rentals (STR) - a rare feature.
- Mills Act contract in place, providing substantial property tax savings.
- Fully gated complex, beautifully restored by award‑winning architect Jonathan Segal, FAIA.
- Prime walkable location, steps from India Street's dining, cafes, farmers market, and the waterfront.
- Each bungalow features a full kitchen, bathroom, and private patio space, plus community laundry.
Overview
Located in the heart of Little Italy, this fully gated complex presents an opportunity to acquire a turn-key, income-producing investment. The property comprises 8 studio bungalows, each featuring a full kitchen, bathroom, and patio space. Community laundry facilities are available. The bungalows have been restored by award-winning architect Jonathan Segal, FAIA, to appeal to urban and short-term renters. The property's historical designation grants eligibility for short-term rentals, a feature not available to most properties in the area. A Mills Act contract provides potential tax savings. Situated steps from India Street’s dining and cafes, the Little Italy Farmers Market, and San Diego’s waterfront, the walkable location is expected to drive year-round demand. Residents and guests have access to the harbor, marina, waterfront Embarcadero, Gaslamp Quarter, and major freeways. Currently operating as short-term rentals, this property offers immediate cash flow and long-term upside. The property size is 2304 square feet.
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.1652988
- Latitude
- 32.7213362
Nearby Similar for Sale
FAQs
What type of property is this?
Short term rental property - Turn-key investment in a prime Little Italy location.
Where is this short term rental property located?
The property is located at 1525-1537 Union St San Diego, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Proven income‑producing investment property with 8 studio bungalows.; Historically designated, granting special eligibility for short‑term rentals (STR) - a rare feature.; Mills Act contract in place, providing substantial property tax savings.
