By: Ryan Ponce On: May 12, 2016 In: Downtown San Diego, Little Italy Comments: 0

Affordable 2 Bedroom in a Fantastic Location!

Palermo is located between Beech and Cedar on Front Street in Little Italy. The building has great amenities for the extremely low homeowners dues. The community features a pool, spa, entertaining room, and fitness facility. Palermo is just a few blocks from the Bay and some of the best restaurants Downtown San Diego has to offer!

*Listing Courtesy Of “RE/MAX United”

Palermo Condo For Sale:

  • 3rd Floor
  • 2 Bedrooms
  • 2 Bathrooms
  • 2 Parking Tandem
  • 1,058 Square Feet
  • Offered at $489,000
  • Homeowners Dues: $318/mo
  • Great Location!

Why is this condo a great buy?

This condo is one of the lowest priced 2 bedrooms in Downtown San Diego. It makes a great starter 2 bedroom or investment. At a list price of $489,000 and the extremely low HOA dues of $318 per month, this condo is a very affordable option.

The location is also very tough to beat for the price. This condo is located just a couple of blocks from the main stretch of Little Italy, the Mercato every Saturday, and the San Diego Bay! Palermo is also only a 5 minute drive to the airport!

I used this specific property in a rent versus own breakdown and the numbers are shocking. You can purchase this condo for less than $100 more per month than what it would cost to rent, but you would be building equity and have substantial tax benefits as a primary residence. You also would be protected from rising rents. If you Click Here you can read the full article on the age-old question whether it is more beneficial to rent or own.

Square Feet
List Price
Low HOA Dues

Contact me
to schedule a private showing

Ryan Ponce - REALTOR®
DRE# 01902950
(619) 228-6790

And Always Remember, It Matters Who You Work With!