1501 Front St
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1501 Front St #235

B

San Diego, CA 92101

$564,990

Soft Appraisal Value: $459,000 · 23.1% above estimate

Beds

1

Baths

1

Sqft

663

Year Built

2004

Days on Market

42

Property Type

Condo

HOA/mo

$513.1

MLS ID

260009530SD

This property is in San Diego (92101). View neighborhood stats →

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About This Property

Live the best of Little Italy in this beautifully upgraded, fully furnished 1-bedroom residence at Piazza Palermo. Designed for effortless indoor/outdoor living, this home features one of the largest private patios in the building (4 patio sizes total)—a rare and highly sought-after feature that significantly enhances livability and value. Inside, the light-filled open layout showcases modern finishes, including quartz countertops, stainless steel appliances, induction oven, Fisher & Paykel dishwasher, and newer 2024 refrigerator, washer, and dryer. The seamless flow to the outdoor space creates an exceptional extension of the living area—an increasingly rare offering in downtown San Diego condos. The generous bedroom offers flexibility for both relaxation and work-from-home needs, while the turnkey, fully furnished design presents a compelling opportunity for a primary residence, second home, or investment. Located in the heart of Little Italy, you’re just moments from top restaurants, cafes, the farmers market, waterfront parks, and downtown attractions—while enjoying a quieter residential setting with convenient access to major freeways and employment centers. A rare opportunity to own a move-in ready residence with exceptional outdoor space in one of downtown San Diego’s most desirable and walkable neighborhoods—offering a unique combination of lifestyle, functionality, and long-term value.

Mortgage Calculator

Est. Monthly Payment

$4,100

Principal & Interest$2,857
Property Tax$565
Insurance$165
HOA$513
%($112,998)
%

Location

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Investment Score

36C
Est. Monthly Rent
$2,850
Monthly Cashflow

Rent − PITIA

$-1,250
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,376

Mortgage (P+I)
$2,857
Cap Rate
1.02%
Cash-on-Cash
-25.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,936

NOI (Annual)
$5,767
Price-to-Rent

Lower = better for investors

16.5

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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