
1501 Front Street #241
Atop 10%San Diego, CA 92101
252 licensed short-term rentals within ½ mile (222 whole home), from the cities' license and permit lists of Nov 13, 2026.
No unit in this 82-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$1,485/mo full cashflow at 20% down, 7.36% rate.
Works at $205,670 (49% under asking), or at 74% down.
Rent $2,734/mo from 6 leases in this building ($2,495–$2,790).
Beds
1
Baths
1
Sqft
721
Year Built
2004
Days on Market
2
Property Type
Condo
HOA/mo
$533.39
MLS ID
260025845SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Experience the appeal of Little Italy living at Piazza Palermo, where a private, garden-surrounded patio create a welcome retreat. This move-in ready end unit residence offers an inviting blend of comfort, style, and indoor-outdoor living in one of Downtown San Diego's most desirable neighborhoods. High ceilings and an open floor plan give the residence a spacious feel, with the living and dining areas flowing naturally into a granite kitchen with breakfast bar seating for three. Laminate wood flooring and updated recessed lighting lend a fresh, contemporary look. The highlight is the private, gated patio, surrounded by lush tropical landscaping and accessible from both the living room and bedroom. Enjoy morning coffee outdoors, dine al fresco, or unwind at the end of the day in your own secluded outdoor space. Inside, the bedroom features recessed lighting, while in-unit laundry adds everyday convenience. Ideally located near the elevator, pool, and street access gates, the residence also includes an assigned parking space and ample guest parking. Step outside and enjoy Little Italy’s acclaimed restaurants, sidewalk cafes, and boutique shops, with the waterfront, other Downtown destinations, and freeway access all nearby. A comfortable urban home with a private outdoor escape in one of Downtown San Diego’s most vibrant neighborhoods. Downtown San Diego's Little Italy is a vibrant culinary and cultural hotspot, beloved for its rich history and modern flair. Classic spots like Mona Lisa and Civico 1845, alongside newer favorites Ironside, Juniper & Ivy, and Craft & Commerce, make it a go-to for local foodies. Cafes, bakeries, boutiques, and wine shops line the streets, perfect for an evening wander, while the Little Italy Association keeps the calendar full with art walks, car shows, the yearly Festa, and a Farmers Market every Wednesday and Saturday. Don't miss the NoLi Art & Design District either, a hub of designer boutiques and galleries stocked with rare finds to help you curate your new home. Mediterranean-style Palermo is an oasis in the city, complete with arches, well-kept courtyards, and a pool and spa deck accented by a cascading waterfall. Residents also enjoy a fitness center, billiards room, clubhouse, and guest parking, all for low HOA fees. The complex has been recently painted inside and out, with updated elevators, lobby, and hallways.
Mortgage Calculator
Est. Monthly Payment
$3,256
Location
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Zoned Schools
Elementary
Washington Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$2,734
Comp Average
$2,596
1150 J St
1bd / 1ba · 735 sqft · Condo
$425K
Est. $2,630/mo
1501 Front St
1bd / 1ba · 721 sqft · Condo
$463K
Est. $2,734/mo
1501 Front St
1bd / 1ba · 721 sqft · Condo
$479K
Est. $2,734/mo
550 Park Blvd
1bd / 1ba · 738 sqft · Condo
$439K
Est. $2,530/mo
777 6th Ave
1bd / 1ba · 725 sqft · Condo
$450K
Est. $2,350/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
6 leases in this building · $2,495–$2,790
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,485/mo short at 20% down; 74% down or +$1,928/mo rent closes it.
- Break-even price
- $205,670
- Break-even rent
- $4,662/mo
- Cashflow at 35% down
- −$1,071/mo
- Down payment to break even
- 74%
- Rate to break even
- Not reachable
49% under asking
$1,928/mo above the estimate
$295,926 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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