1501 India St San Diego

1501 India St San Diego

D

, CA 92101

$1,349,900

Beds

2

Baths

2.5

Sqft

1,800

Year Built

2002

Days on Market

43

Property Type

Condo

HOA/mo

$945

MLS ID

260001432SD

Description

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.

Mortgage Calculator

Est. Monthly Payment

$9,514

Principal & Interest$6,826
Property Tax$1,350
Insurance$394
HOA$945
%($269,980)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$5,933
Monthly Cashflow

Rent − PITI − HOA

$-3,582
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,071

Mortgage (P+I)
$6,826
Cap Rate
0.67%
Cash-on-Cash
-15.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$9,515

NOI (Annual)
$9,055
Price-to-Rent

Lower = better for investors

19.0

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

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