1501 India 202, San Diego, California 92101, San Diego, 92101 - 2 bed, 3 bath

1501 India 202, San Diego, California 92101 home-pic-0
ACTIVE$1,395,000
1501 India 202, San Diego, California 92101
2Beds
3Baths
1,800Sqft
35,176Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unique Mixed-Use Configuration: This property offers a rare live/work opportunity with a dedicated 600 sq ft commercial space on the first floor and a separate 1200 sq ft 2-story residential condo above, each with its own address, providing flexibility for business operation or rental income.
Top Cons:
High Association Fees: The monthly association fee of $921.45 is substantial and could be a significant ongoing cost for potential buyers, impacting overall affordability.

Compared to the nearby listings

Price:$1.40M vs avg $699.0K (+$696,000)87%
Size:1,800 sqft vs avg 1,056 sqft94%
Price/sqft:$775 vs avg $69468%

More Insights

Built in 2002 (23 years old).
Condition: Built in 2002, this property is well-maintained and move-in ready. It features desirable updates such as newer wood floors and granite countertops in the kitchen and bathrooms. The kitchen is equipped with stainless steel appliances, and the bathrooms are clean and functional, though some fixtures and cabinet styles reflect an earlier modern aesthetic rather than a very recent renovation. Central A/C and heat are present, and the overall condition suggests minimal wear and tear with no immediate renovations required.
Year Built
2002
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$775
HOA
$921.45
Days on market
-
Sold On
-
MLS number
250024668SD
Home ConditionGood
Features
Deck
View-

About this home

Extremely rare shopkeeper space in the heart of Little Italy! This 3-level unit has a 600 sq ft commercial space on the first floor with a 1/2 bath and stairs that lead to the 2-story condo above. Condo has a main door accessible from the inside of the complex. 2-story, 1200 sq ft condo includes 2 bedrooms and 2.5 bathrooms, granite counter tops, central A/C and heat, newer wood floors and walk in closet. Commercial space and condo unit have 2 separate address' (102 & 202). Village Walk complex features fitness room and community room. 2 side- by-side parking spaces and storage space included. Little Italy farmers market, local breweries, multiple restaurants and coffee shops are right outside of your front door!

Nearby schools

3/10
Perkins Elementary School
Public,K-80.6mi
3/10
Memorial Scholars & Athletes School
Public,6-81.5mi
Condition Rating
Good

Built in 2002, this property is well-maintained and move-in ready. It features desirable updates such as newer wood floors and granite countertops in the kitchen and bathrooms. The kitchen is equipped with stainless steel appliances, and the bathrooms are clean and functional, though some fixtures and cabinet styles reflect an earlier modern aesthetic rather than a very recent renovation. Central A/C and heat are present, and the overall condition suggests minimal wear and tear with no immediate renovations required.
Pros & Cons

Pros

Unique Mixed-Use Configuration: This property offers a rare live/work opportunity with a dedicated 600 sq ft commercial space on the first floor and a separate 1200 sq ft 2-story residential condo above, each with its own address, providing flexibility for business operation or rental income.
Prime Little Italy Location: Situated in the vibrant heart of Little Italy, residents benefit from immediate access to the farmers market, local breweries, diverse restaurants, and coffee shops, offering an unparalleled urban lifestyle.
Valued Parking & Storage: The inclusion of two side-by-side parking spaces and additional storage is a significant advantage and highly sought-after amenity in a dense urban environment like downtown San Diego.
Modern Interior Finishes: The residential unit boasts desirable interior features such as granite countertops, central air conditioning and heating, newer wood floors, and a walk-in closet, enhancing comfort and appeal.
Community Amenities: Residents have access to the Village Walk complex's fitness room and community room, adding value and convenience to the living experience.

Cons

High Association Fees: The monthly association fee of $921.45 is substantial and could be a significant ongoing cost for potential buyers, impacting overall affordability.
Potential for Commercial Noise/Privacy Issues: The direct integration of a commercial space on the ground floor beneath the residential unit may lead to potential noise disturbances or reduced privacy for residents.
Average School Ratings: The assigned public schools in the area have average ratings (3 out of 10), which might be a deterrent for buyers prioritizing access to highly-rated educational institutions.

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