#240027122SD, Nate Pepper, Listing Office: CBRE
#240028345SD·
Listing Office: Eric D. Comer, Broker·
Listing Agent: Eric Comer·
Listing Office Phone: 858-509-1200
1620 Union St San Diego, CA 92101
$3,990,000 List price
0.1 acres
Land
Property details
About 1620 Union St
The subject property is a 5,013 square foot site located at 1620 Union Street in the heart of Little Italy. The property is currently improved as a surface parking lot. The current owner has a month-to-month lease agreement with LAZ parking (terms of the agreement can be found on page 11 of the Offering Memorandum). 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 compromised 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.
Highlights
Home typeOther
StatusActive
Lot size0.1151 Acres
MLS #240028345SD
ViewOcean, Panoramic
Summary
- MLS Number: 240028345SD
- MLS Name: CRMLS
- Office Name: Eric D. Comer, Broker
- Office Phone: (858) 509-1200
- Listing Agent: Eric Comer
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,990,000
1620 Union St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 27, 2021 | Home Sold | $1,900,000 |
| May 08, 2019 | Home Sold | $1,250,000 |
| Jul 16, 2014 | Home Sold | $985,000 |
| Apr 15, 1996 | Home Sold | $167,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,144,440 | $14,646 |
| 2023 | $1,421,663 | $17,988 |
| 2022 | $1,606,029 | $20,080 |
| 2021 | $1,075,693 | $13,775 |
| 2020 | $387,078 | $5,281 |
| 2019 | $386,275 | $4,881 |
| 2018 | $375,084 | $4,881 |
| 2017 | $362,529 | $4,693 |
History based on county public records data.
Nearby schools
3
Washington Elementary School
Public District KG-5
0.1 mi
•1789 State St
6
Sherman Elementary School
Public District KG-5
1.6 mi
•301 22nd St
5
Florence Elementary School
Public District KG-5
1.8 mi
•3914 1st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,461. Most San Diego, CA residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
36%
35k-100k
15%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
82%
Single, No Kids
1%
Single, with Kids
14%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
34%
18-34 yrs old
40%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Art Museums
Major League Soccer (MLS)
Where do the neighbors shop?
Bloomingdales
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Jack In The Box
Chipotle
What do the neighbors drive?
Audi
Toyota
Volkswagen
What do the neighbors listen to?
Alternative
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1620 Union St
This home is located at 1620 Union St in San Diego, CA and zip code 92101 in the Central San Diego neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $3,990,000.
In January 2025 more than 155 listings in San Diego, CA were sold above the asking price. During the same period more than 130 listings were sold at asking price, while more than 256 were sold below. The number of homes for sale in San Diego, CA increased by 20.9% between December and January 2025. The median list price of listings available in January 2025 was $952,209, while the average time on the real estate market was 33 days.
From Rocket Homes Real Estate and based on county public records data.