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San Diego Neighborhood Update: Little Italy Condos for Sale

By Mike in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|Little Italy|October 2013 with 0 Comments

Little-italy-condos-for-saleLittle Italy is an eclectic community located at the top of Downtown San Diego, above Ash St and west of 1st Ave. Residents of Little Italy appreciate the community for its quaint restaurants, shopping, and culture. The lunch and dinner crowds on India Street can get very busy, and rightfully so when you consider the world class cuisine that is found there. The unofficial dog park at Amicii Park on Union and Date is the local hotspot and Influx Coffee on India and Fir is the neighborhoods worst kept secret (Best coffee around). Saturday’s trip to the Farmer’s Market is becoming a tradition in my house. All in all, Little Italy have carved out a niche as a bustling, up and coming neighborhood of Downtown San Diego. It’s a great place to live close to all of the action, without being right in the middle of it.

Little Italy condos for sale have been seeing a quarter over quarter rise in value ever since early 2012. Distressed sales, such as Foreclosures and Short Sales, have all but disappeared in Little Italy and the market is truly experiencing a sharp rebound. Most of the Little Italy condos for sale were developed in the early to mid 2000s, meaning they are mostly on the newer side. The newest of which is the Aperture Mid-Rise complex on the corner of Union and Beech. Aperture was built in 2008 by Citymark Development and features contemporary features throughout.

Some of the India Street condos were condo renovations built on top of existing commercial buildings (350 W Ash). Little Italy condos for sale at buildings like Hawthorne Place and Waterfront Lofts will often offer units in a great location, but because of the wood frames and single pane windows, they can present a noise problem. Liitle Italy offers some of Downtown San Diego’s best Loft options. The DOMA Lofts (Kettner & Fir) and Jonathan Segal’s Q Lofts (Fir between India/Kettner) are two of Downtown San Diego’s most contemporary loft options.

As with any Downtown San Diego neighborhood, litigation continues to be an issue that hampers some Little Italy condos for sale. Acqua Vitsta, Aperture, and Palermo are all in the midst of sorting out litigation issues which could affect buyer financing. For more information on litigation, the Downtown San Diego Real Estate market, or to view the available Little Italy condos for sale, please contact us. We look forward to helping you find your home in Downtown San Diego.

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