1525-1537 Union Street, San Diego, CA 92101

San Diego
Local realty services provided by:ERA North Orange County Real Estate
1525-1537 Union Street,San Diego, CA 92101
$2,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: bill anderson
Office: acre investment real estate
MLS#:260009061
Source:San Diego MLS via CRMLS

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Price summary

  • Price:$2,500,000

About this home

The Union Street Bungalows offers a unique opportunity to acquire a fully renovated, historically designated 8-unit bungalow-style property in the core of Little Italy—one of San Diego’s most dynamic and high-demand urban neighborhoods. The asset is currently operated as a short-term rental property and is supported by a transferable Conditional Use Permit (CUP), a highly limited entitlement within the neighborhood. With new approvals no longer being issued in Little Italy, this designation represents a meaningful barrier to entry and a significant advantage over competing properties. In addition, the property is subject to a Mills Act contract, which provides a reduced property tax basis tied to its historic designation. This structure results in materially lower operating expenses compared to similar assets, improving overall investment performance. The property was thoughtfully revitalized under the direction of Jonathan Segal, and reflects a cohesive blend of architectural...

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Home facts

  • Listing ID #:260009061
  • Added:74 day(s) ago
  • Updated:June 30, 2026 at 07:12 AM

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Construction Materials:Stucco
  • Levels:1 Story

Finances and disclosures

  • Price:$2,500,000
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