2451 Chicago St
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2451 Chicago St #11

C

San Diego, CA 92110

$707,000

Soft Appraisal Value: $705,600 · 0.2% above estimate

Beds

2

Baths

1.5

Sqft

1,088

Year Built

1979

Days on Market

11

Property Type

Condo

HOA/mo

$382

MLS ID

260014516SD

This property is in San Diego (92110). View neighborhood stats →

Virtual Tour

About This Property

The combination of west-facing Bay Views, natural light, parking, and walkability is peak 'California dreamin.' This two-story townhome is designed to take full advantage of its location, with brand new oversized sliding glass doors that fill the home with sunlight, and open up to invite in the cool coastal breeze. The west-facing orientation creates a front-row seat to San Diego sunsets, whether you're enjoying them from the living room balcony or from the larger bedroom's private balcony, where the view can be appreciated without even getting out of bed. Natural light pours in throughout the day, creating a bright and welcoming atmosphere from morning until the aforementioned sunset. The home also offers the practicality that's often hard to find in a centrally located townhome, with both bedrooms large enough to accommodate king-size beds and abundant storage throughout, including substantial storage space in the garage area. When you're ready to venture out, Mission Bay, Superbloom, local markets, restaurants, pubs, and coffee shops are all within walking distance. With convenient access to much of San Diego, including catching that Padres game that's in 30 mins without searching for parking near Petco: you'll spend less time getting where you need to go and more time enjoying everything this location has to offer. From coffee on the Bay to ocean-breeze days and sunset dinners with your brand new appliances, the everyday convenience and walkability of this home create the ideal picture of San Diego living.

Mortgage Calculator

Est. Monthly Payment

$4,870

Principal & Interest$3,575
Property Tax$707
Insurance$206
HOA$382
%($141,400)
%

Location

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Investment Score

23D
Est. Monthly Rent
$2,855
Monthly Cashflow

Rent − PITIA

$-2,015
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,261

Mortgage (P+I)
$3,575
Cap Rate
0.53%
Cash-on-Cash
-27.67%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$7,090

NOI (Annual)
$3,770
Price-to-Rent

Lower = better for investors

20.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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