1620 Union Street #1, San Diego, CA - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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1620 Union Street #1, San Diego, CA

$2,490,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Eric D Comer
Lic#: 00842230
Broker: Courtesy of Eric D. Comer, Broker

Agent Remarks

MAJOR PRICE REDUCTION! Motivated Seller! The subject property is a 5,013 square foot site located at 1620 Union Street in the heart of Little Italy, currently improved as a surface parking lot. The owner has a month-to-month lease agreement with LAZ parking (terms of the agreement can be found on page 11 of the OM). Designed by Jonathan Segal FAIA Design, the offering includes a Site Development Permit for an Air Rights Tower to construct a 24-story, 250-foot tall residential development, totaling approximately 109,546 SF and comprised of 73 residential dwelling units and 70 parking spaces within a fully-automated mechanical parking garage. At the time of approval, the project was improved with a historical, single family home, which was to be relocated to 2462-2648 Newton Avenue. The home was relocated in September 2023, thereby satisfying the condition and vesting the permit. The timeline for pulling a building permit is generally indefinite and the entitlements have no expiration date. Union Tower is located in the heart of Little Italy, an urban community collecting some of the highest rents in all of San Diego County. Little Italy’s resident base is predominantly comprised of affluent and educated residents. Little Italy is booming with award winning restaurants, trendy bars & nightlife, Italian inspired coffee and gelato shops, and more. With an impressive walk score of 99, many Downtown amenities are located within walking distance of the site, including Amici Park, the India Street commercial corridor, the Little Italy Trolley Station, and the Waterfront Park.

Listing Details

Property type: Lots/Land (Lots/Land)
Status: ACTIVE
MLS# 240028345
Price: $2,490,000
Beds: 0
Baths: 0
0.12 acres
County: San Diego
Zoning: CCPD-Res
MLS area: Metro Central

Last Updated: 7/10/2025

 Days On Market (DOM): 211

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This listing belongs to the Metro Central MLS area

Lat/Long: 32.722279, -117.165875.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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