1501 India Street Unit 205, Downtown, CA 92101

$1,050,000
2
BD
3
BA
1,800
SqFt

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Sold Price
$1,050,000
List Price
$1,099,000
Closing Date
Mar 19, 2026
Status
CLOSED
MLS#
250043886SD
Year Built
2002
Bedrooms
2
Bathrooms
3
Living Sq. Ft
1,800
Days on Market
39
Property Type
Condo
Property Sub Type
Condominium
Stories
Two Levels
Neighborhood
Downtown

Property Description

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!!

Additional Information

HOA
900
Frequency
Monthly
Association Amenities
Clubhouse, Controlled Access, Fitness Center, Maintenance Grounds, Insurance, Trash
Appliances
Counter Top, Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Pool Description
None
Heat
Electric, Forced Air
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Stucco
Roof
Rolled/Hot Mop
Garage Spaces Total
1
Interior Features
Balcony, Granite Counters, High Ceilings, Pantry, Unfurnished, All Bedrooms Up
Attached Structure
Detached

Listing courtesy of Listing Agent: Eric Jones (eric@urbanrealestate.info) from Listing Office: Pacific Sotheby's International Realty.

Listing sold by Eric Jones from Pacific Sotheby's International Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.