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!!
Listed by Eric Jones
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License #01179104
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Pacific Sotheby's International Realty
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619-885-8003
Listed by Brigitte Adams
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License #02089766
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Pacific Sotheby's International Realty
Last updated November 14, 2025
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Source: CRMLS #250043886SD
Listing Facts
TypeCondo
NeighborhoodLittle Italy
Bedrooms2
Bathrooms2
Days on Prevu7
HOA/Maint. Fees$900.7/month
Size1,800 sqft
Price per sqft$611
Amenities
Dishwasher
Air Conditioning
Parking
Fitness Center
Location
Mortgage Calculator
Listing History
11/12/2025
Listed by Pacific Sotheby's International Realty
$1,099,000
Property Details for 1501 India Street 205
Association
Amenities
Association Amenities: Clubhouse, Controlled Access, Fitness Center, Maintenance Grounds, Insurance, Trash
Fees
Association Fee: $900.70 Monthly
Association Fee Includes: Pest Control
General
Association Name: Village Walk Owners Assoc
Number Of Units In Community: 72
Exterior
Construction
Property Attached: Yes
Roof: Rolled/Hot Mop
Stories: 2
Stories Total: 2
Year Built: 2002
Construction Materials: Stucco
Entry Level: 2
Entry Location: 1
Features
Fencing: Electric
Measurements
Lot Size Source: Public Records
Financial
Taxes
Parcel Number: 5333311305
Interior
Features
Appliances: Counter Top, Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Flooring: Wood
Interior Features: Balcony, Granite Counters, High Ceilings, Pantry, Unfurnished, All Bedrooms Up
Measurements
Living Area: 1,800
Living Area Source: Public Records
Rooms
Bathrooms Full: 1
Bathrooms Half: 2
Bathrooms Total Integer: 3
Bedrooms Total: 2
Other
Location
Subdivision Name: Downtown
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Features: Garage, Garage Door Opener, Gated, Community Structure
Parking Total: 1
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Electric, Forced Air
Has Heating: Yes
Laundry Features: Washer Hookup, Electric Dryer Hookup
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
