1501 India Street #205
San Diego, CA 92101
$ 1,099,000
Price
2
Beds
2
Baths
1,800 Sq. Ft.
$611 / Sq. Ft.
1 Days On Market
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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!!
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