1620 Union Street #1, San Diego, CA 92101

Local realty services provided by:ERA North Orange County Real Estate
1620 Union Street #1,San Diego, CA 92101
$2,490,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by:eric d comer
Office:eric d. comer, broker
MLS#:240028345
Source:SANDICOR

Price summary

  • Price:$2,490,000

About this home

MAJOR PRICE REDUCTION! Motivated Seller! The subject property is a 5,013 square foot site located at 1620 Union Street in the heart of Little Italy, currently improved as a surface parking lot. The owner has a month-to-month lease agreement with LAZ parking (terms of the agreement can be found on page 11 of the OM). Designed by Jonathan Segal FAIA Design, the offering includes a Site Development Permit for an Air Rights Tower to construct a 24-story, 250-foot tall residential development, totaling approximately 109,546 SF and comprised of 73 residential dwelling units and 70 parking spaces within a fully-automated mechanical parking garage. At the time of approval, the project was improved with a historical, single family home, which was to be relocated to 2462-2648 Newton Avenue. The home was relocated in September 2023, thereby satisfying the condition and vesting the permit. The timeline for pulling a building permit is generally indefinite and the entitlements have no expiration

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Home facts

  • Listing Id #:240028345
  • Added:250 day(s) ago
  • Updated:August 20, 2025 at 01:46 PM

Utilities

  • Water:Available

Finances and disclosures

  • Price:$2,490,000
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