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1525-1537 Union St

San Diego, CA 92101
  • $4,750,000
  • STATUS: ACTIVE
  • ON SITE: 190 Days
  • ID#: 230005415
UPDATED: 56 min ago
$4,750,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

The Bungalows", 8 Historically designated studio apartment cottages located in San Diego's trendiest neighborhood, Little Italy. Walk to the hippest retail, fine dining, and entertainment. Completely restored by award-winning San Diego Architect Jonathan Segal, FAIA. This fully gated property features private patios separated by mature landscapes. The Bungalows are currently being master leased by Sonder, A publicly traded company. Sonder pays all expenses except insurance and property tax. The property has been issued a Conditional Use permit by the City of San Diego. Historical property tax savings do convey to the new owners.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/137970381
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1525-1537 Union St San Diego, CA 92101

  • Price: $4,750,000
  • Status: ACTIVE
  • On Site: 190 Days
  • Updated: 56 min ago
  • ID#: 230005415
0
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
San Diego Downtown (92101)
County:
San Diego
Area:
San Diego Downtown (92101)
Property Description
The Bungalows", 8 Historically designated studio apartment cottages located in San Diego's trendiest neighborhood, Little Italy. Walk to the hippest retail, fine dining, and entertainment. Completely restored by award-winning San Diego Architect Jonathan Segal, FAIA. This fully gated property features private patios separated by mature landscapes. The Bungalows are currently being master leased by Sonder, A publicly traded company. Sonder pays all expenses except insurance and property tax. The property has been issued a Conditional Use permit by the City of San Diego. Historical property tax savings do convey to the new owners.
Exterior Features

Units With Garages 0

Interior Features

Sq Ft Of Improvement 0 Units With Ranges 8 Units With Refrigerators 8

Property Features

Actual Gross Scheduled Income 200736.0 Actual Operating Expense 0 Assumable Finance 0 Buildings 7 Gross Equity 0 Gross Multiplier 23.66 Have 8 Units Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 16728 Motive Want Sale Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Unit Number1 8 Zoning Special An

San Diego MLS logo Listing provided courtesy of Ross Clark of Compass: 858-442-2643. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
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