1525-1537 Union St, San Diego, CA 92101
Local realty services provided by:ERA Donahoe Realty
Listed by: tim van damm
Office: berkshire hathaway homeservices california properties
MLS#:2601084
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,995,000
- Price per sq. ft.:$1,733.94
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 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!
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Home facts
- Listing ID #:2601084
- Added:1 day(s) ago
- Updated:January 17, 2026 at 04:56 PM
Rooms and interior
- Total bathrooms:8
- Living area:2,304 sq. ft.
Heating and cooling
- Cooling:Wall/Window
- Heating:Wall
Structure and exterior
- Roof:Tile
- Building area:2,304 sq. ft.
Finances and disclosures
- Price:$3,995,000
- Price per sq. ft.:$1,733.94
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