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!
- Heating System:
- Wall
- Cooling System:
- Wall/Window
- Parking:
- None
- Flooring:
- Tile, Hardwood
- Laundry Features:
- Owned
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Zipcode:
- 92101
- Street:
- Union St
- Street Number:
- 1525-1537
- Longitude:
- W118° 50' 5''
- Latitude:
- N32° 43' 16.8''
- Directions:
- Kettner Blvd to 5 South exit/continue on Front St. Right on Cedar St. Left on Union St.
- Mls Area Major:
- Metro Central
- Office Name:
- Berkshire Hathaway HomeServices California Properties
- Agent Name:
- Tim Van Damm
- Building Size:
- 2304
- Community Features:
- Other/Remarks
- Construction Materials:
- Metal Fence, Remarks
- Levels:
- 1 Story
- Number Of Units Total:
- 8
- On Market Date:
- 2026-01-14
- Stories:
- 1
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/2601084
- List Agent Mls Id:
- 675601
- List Office Mls Id:
- 66700
- Listing Term:
- Other/Remarks
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-01-29T20:47:04Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
1525-1537 Union St, San Diego, CA 92101
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 2601084
- Price :
- $3,995,000
- Bathrooms :
- 8
- Square Footage :
- 2,304
- Status :
- Active
- Property Sub Type :
- Com-Res Income
- Roof:
- Tile, Other/Remarks
