The Bungalows

The property is ideally situated in the heart of Little Italy, one of downtown San Diego’s most vibrant and sought-after urban neighborhoods. Located at 1525–1537 Union Street, the asset benefits from a highly walkable, amenity-rich setting just steps from the neighborhood’s core dining and retail corridor along India Street, as well as the renowned Little Italy Farmers Market. Little Italy is widely recognized for its dynamic blend of restaurants, cafés, boutique retail, and cultural attractions, creating strong year-round demand from both residents and visitors. The property boasts a Walk Score of 98, qualifying it as a “Walker’s Paradise,” where daily errands can be accomplished without a car. The property is within walking distance to San Diego’s waterfront and the Embarcadero, offering access to marinas, parks, and scenic harborfront amenities. The location provides exceptional connectivity to major employment and entertainment hubs. Downtown San Diego, the Gaslamp Quarter, and the Columbia District are all within minutes, while San Diego International Airport is approximately a 5–10 minute drive, making the property highly attractive for both long-term tenants and short-term rental users. Transportation access is a key advantage, with immediate proximity to major thoroughfares including Interstate 5, Highway 163, and Interstate 8, allowing convenient access throughout San Diego County. Public transit options, including the County Center/Little Italy trolley station, are also nearby, further enhancing accessibility. The surrounding area is anchored by a strong mix of employment centers, including downtown office towers, the San Diego waterfront, and nearby medical and government facilities. In addition, residents benefit from close proximity to neighborhood destinations such as Balboa Park, Petco Park, and the San Diego Convention Center, all within a short drive or bike ride. Overall, the property’s premier Little Italy location offers a rare combination of walkability, lifestyle amenities, and regional connectivity—supporting sustained rental demand, strong occupancy fundamentals, and long-term appreciation potential.