Little Italy San Diego Neighborhood Spotlight
There are 7 livable downtown San Diego neighborhoods. The most vibrant and desired of the seven is Little Italy San Diego which is located along the embarcadero on the North West side of downtown.
Little Italy began as predominately hard working middle class Italian neighborhood.
Unfortunately, it was divided in half by the construction of Interstate 5 and struggled for many decades to regain its stature as a vibrant community.
Little Italy San Diego The Comeback
In the 1990’s efforts began to restore the community culture and bring Little Italy back.
Construction has been non stop with emphasis on creating one of San Diego’s most livable, walkable, and enjoyable downtown destinations.
The first wave of mid and high rise condominiums began construction in the early 2000’s changing the San Diego skyline.
New developments sold out quickly. Eager buyers paid premiums for the opportunity to reside and invest in the newly revamped Little Italy neighborhood.
Along with many of these future residents were savvy investors seeking an opportunity to purchase new build condos in a highly desirable area as second homes and rental properties.
As more innovative and bold developments are being constructed the desirability of owning a rental property in Little Italy is greater than ever.
Little Italy San Diego Spots & Events
San Diego’s Little Italy is filled with bistro’s, patio cafés, restaurants, pubs, art galleries, shops, hotels, and the beautiful Amici Park.
Come explore Little Italy with us in our short video and see why it’s one of the most vibrant San Diego neighborhoods.
Little Italy, San Diego Investment Opportunities
San Diego Premier Property Management currently manages numerous rental properties for clients in many of Little Italy’s most notable condominium developments.
The developments listed below are examples of rental income opportunities in Little Italy San Diego.
Average Rental Rate for 1 Bedroom $2,200/Month
Median Home Value $467,100
The La Vita condo development is located on Union and State Street. It is comprised of mid & high towers with a walkability rating of 99%.
- Built in 2005
- One, two, & three bedroom plans as well as Townhome and Penthouse residences.
- Monthly HOA dues vary from $395 to $685
- Rental Rates starting at $2,395/Month (1bd as of 5/17)
A 5 story mid rise building with 84 residence and is one of Little Italy’s most economical purchase options for rental properties.
- Built in 2005
- Studio, One, & Two Bedroom plans.
- Monthly HOA dues vary from $350 +
- Rental Rates starting at $1,750/Month (studio as of 5/17)
Comprised of two mid rise towers totaling a 121 units and is located on Kettner Boulevard, Fir, Date, and California streets. It offers walk-up residences with street entrances and unique “live/work” residential opportunities.
- Built in 2003
- One and Two Floor Residences
- 4th Floor Common Area View Deck
- Rental Rates starting at $2,295/Month (1bd as of 5/17)
If you have interest in learning more about purchasing rental property in Little Italy or currently own a rental property in the Little Italy area and need professional property management, please call us now 858-724-6304 or get a Free Rental Analysis.
We hope you enjoyed reading the Hillcrest, San Diego | Neighborhood Spotlight
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Written by Salvatore Friscia, owner of San Diego Premier Property Management a full service residential property management company offering Worry Free property management to the greater San Diego area since 2004 and TenantFinder.com.