1501 India St 204, San Diego, California 92101, San Diego, 92101 - 2 bed, 3 bath

1501 India St 204, San Diego, California 92101 home-pic-0
ACTIVE$1,349,900$1,800/sqft
1501 India St 204, San Diego, California 92101
2Beds
3Baths
1,800Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unique Live/Work Opportunity: This property offers a rare Shopkeeper-style live/work setup, combining a street-level commercial space with a townhome-style residence, appealing to owner-users, creatives, and investors.
Top Cons:
High Monthly Association Fee: The association fee of $921.0 is substantial and could be a significant ongoing expense for owners, impacting affordability and investment returns.

Compared to the nearby listings

Price:$1.35M vs avg $725.0K (+$624,900)85%
Size:1,800 sqft vs avg 1,051 sqft94%
Price/sqft:$750 vs avg $70461%

More Insights

Built in 2002 (24 years old).
Condition: The property was built in 2002, making it 22 years old. While well-maintained and move-in ready, the kitchen and bathrooms largely feature original early 2000s styles, including light wood cabinets, dark speckled granite countertops, and black appliances that appear dated. The main living areas have updated wood-look flooring, and the primary shower has some contemporary elements, but these are not extensive enough to constitute a full recent renovation. The property is functional but shows signs of being outdated in key areas, aligning with the 'Fair' condition criteria.
Year Built
2002
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$750
HOA
$921
Days on market
-
Sold On
-
MLS number
260001432SD
Home ConditionFair
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

Rarely available live/work opportunity in the heart of Little Italy. This unique Shopkeeper-style property offers a street-level commercial space with an adjoining two-bedroom, 2.5-bath townhome-style residence above—ideal for owner-users, creatives, or investors seeking versatility and income potential. The ground-floor commercial space, currently rented, approx 600 sq ft, includes a half bath and interior stairs leading to the residence. A lockable door separates the two spaces. The residential condo is light and bright, featuring a formal entry and an open-concept layout with a spacious kitchen, living, dining, and office area. This level also includes a convenient half bath and opens to a generous balcony with city views. Upstairs, the primary suite offers a walk-in closet with custom shelving and a well-appointed bathroom with a walk-in shower. The second bedroom is also en suite, complete with a shower/tub combination, while hallway storage cabinets provide added functionality. Additional highlights include in-unit laundry and two side-by-side parking spaces. Located within Village Walk, a charming community inspired by the colors and textures of Burano, Italy, residents enjoy courtyards, piazzas, fountains, a fitness center, and a community room. Step outside to experience the very best of Little Italy—top-rated restaurants, boutiques, coffee shops, nightlife, and the renowned Little Italy Farmers Market. Just blocks away, enjoy scenic harbor walks and bay views, with easy access to the Marina District, Gaslamp Quarter, East Village, Petco Park, and The Rady Shell.

C
Chad Dannecker
Listing Agent

Nearby schools

5/10
Washington Elementary School
Public,K-50.2mi
5/10
Roosevelt International Middle School
Public,6-81.8mi
7/10
Point Loma High School
Public,9-123.7mi

Price History

Date
Event
Price
02/22/02
Sold
$440,000
Condition Rating
Fair

The property was built in 2002, making it 22 years old. While well-maintained and move-in ready, the kitchen and bathrooms largely feature original early 2000s styles, including light wood cabinets, dark speckled granite countertops, and black appliances that appear dated. The main living areas have updated wood-look flooring, and the primary shower has some contemporary elements, but these are not extensive enough to constitute a full recent renovation. The property is functional but shows signs of being outdated in key areas, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Unique Live/Work Opportunity: This property offers a rare Shopkeeper-style live/work setup, combining a street-level commercial space with a townhome-style residence, appealing to owner-users, creatives, and investors.
Premier Little Italy Location: Situated in the heart of Little Italy, residents enjoy immediate access to top-rated restaurants, boutiques, coffee shops, nightlife, the Farmers Market, and proximity to the harbor, Marina District, and Gaslamp Quarter.
Income-Generating Commercial Space: The ground-floor commercial unit is currently rented, providing immediate income potential and enhancing the property's investment appeal.
Desirable Residential Features & Parking: The residential condo boasts a light, bright, open-concept layout, a spacious kitchen, city views from a generous balcony, in-unit laundry, and crucial two side-by-side parking spaces in a dense urban environment.
Community Amenities: Part of the charming Village Walk community, residents benefit from courtyards, piazzas, fountains, a fitness center, and a community room, enhancing the urban living experience.

Cons

High Monthly Association Fee: The association fee of $921.0 is substantial and could be a significant ongoing expense for owners, impacting affordability and investment returns.
Potential Noise from Urban Environment/Commercial Use: Being a street-level live/work unit in a vibrant, bustling area like Little Italy, residents may experience higher noise levels from street activity and the commercial space below.
Limited Private Outdoor Space: While there is a generous balcony, the property lacks a private yard or larger dedicated outdoor living area, which some buyers might prefer for relaxation or entertaining.
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