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.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 12x14
- Bedroom 2 Dimensions: 12x11
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- 1/2 Bathrooms: 2
Interior Features
- Bathtub
- Granite Counters
- High Ceilings (9 Feet+)
- Living Room Balcony
- Pantry
- Shower in Tub
- Unfurnished
- Flooring: Wood, Ceramic Tile
Appliances
- Dishwasher
- Disposal
- Dryer
- Fire Sprinklers
- Garage Door Opener
- Microwave
- Range/Oven
- Refrigerator
- Washer
- Vented Exhaust Fan
- Counter Top
- Laundry Features: Electric, Washer Hookup
Heating and Cooling
- Cooling Features: Central Forced Air
- Heating Features: Forced Air Unit
- Heating Fuel: Electric
- Heating: Yes
Kitchen and Dining
- Dining Area Dimensions: 10x18
- Kitchen Dimensions: 9x10
Other Rooms
- Living Room Dimensions: 18x15
- Exercise Room: Yes
Exterior and Lot Features
Garage and Parking
- Garage Spaces: 1
- Garage Description: Attached, Community Garage
- Parking Features: Attached, Gated, Underground, Community Garage, Garage Door Opener
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Amenities: Club House, Controlled Access, Gym/Ex Room
- Association Fee: 901
- Association Fee Frequency: Monthly
- Association Fee Includes: Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Trash Pickup, Pest Control
- Calculated Total Monthly Association Fees: 901
- Association Name: Village Walk Owners Assoc
- Pets Allowed: Allowed w/Restrictions
Multi-Unit Info
- Number of Units In Community: 72
- Number of Units: 72
Amenities and Community Features
- Community Features: Clubhouse/Rec Room, Exercise Room, Gated Community, Pet Restrictions
Other Property Info
- Source Listing Status: Active
- County: San Diego
- Ownership: Condominium
- Source Property Type: Residential
- Area: SAN DIEGO DOWNTOWN (92101)
- Property Subtype: condo
- Source Neighborhood: DOWNTOWN
- Parcel Number: 533-331-13-05
- Subdivision: DOWNTOWN
- Property Subtype: All Other Attached
Building and Construction
- Total Square Feet Living: 1800
- Year Built: 2002
- Building Area Units: Sqft
- Building Exterior Type: Stucco
- Building Name: Village Walk
- Entry Level: 2
- Levels: 2 Story
- Living Area Units: Sqft
- Property Age: 23
- Roof: Rolled/Hot Mop
- Levels or Stories: 6
- House Style: High Rise (5+ Stories)
Utilities
- Sewer: Sewer Connected
- Water Source: Meter on Property
