
2861 Burgener
Ctop 80%San Diego, CA 92110
One license per person in San Diego: whether you can hold it depends on you, not only the home.
27 licensed short-term rentals within ½ mile (11 whole home), from the cities' license and permit lists of Nov 1, 2026.
Pass at asking: -$13,528/mo full cashflow at 20% down, 7.49% rate.
Works at $696,211 (72% under asking), or at all cash.
Rent $6,974/mo from 12 leases of 4–6 bed houses within 2 mi ($6,396–$8,365).
Beds
5
Baths
4.5
Sqft
2,788
Year Built
1952
Days on Market
44
Property Type
Single Family
HOA/mo
N/A
MLS ID
260022683SD
This property is in San Diego (92110). View neighborhood stats →
About This Property
Builder Warranty Up to 10 years! Welcome to this newly constructed Bay Park residence with permitted ADU, where warm coastal design and thoughtful craftsmanship come together in one of San Diego’s most desirable neighborhoods. Offering 2,788 square feet of combined living space, this beautifully designed coastal farmhouse features a 4-bedroom, 3.5-bath single-story main residence plus a separate 1-bedroom, 1-bath ADU with bay and ocean views—ideal for guests, multigenerational living, a home office, or rental income. Inside, 9-foot ceilings and an open-concept layout create an inviting sense of space, complemented by warm tones and natural materials. The stunning chef’s kitchen features custom white oak cabinetry, a built-in panel-ready refrigerator, 36-inch six-burner range, and oversized island designed for everyday living and effortless entertaining. Designed for the Southern California lifestyle, the living spaces flow seamlessly outdoors to a private setting centered around a custom built-in gas firepit—perfect for entertaining or relaxing. The serene primary suite offers a generous walk-in closet and continues the home’s warm, elevated aesthetic. Every detail balances clean coastal simplicity with craftsmanship and functionality. Adding exceptional versatility, the separate ADU offers its own elevated living space with beautiful bay and ocean views. With two residences, custom finishes, the feel of new construction, and a prime Bay Park location, this property delivers a rare combination of design, flexibility, and modern coastal living.
Mortgage Calculator
Est. Monthly Payment
$16,856
Location
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Zoned Schools
Elementary
Bay Park Elementary · grades K-5 · San Diego Unified
Middle
Marston Middle · grades 6-8 · San Diego Unified
High
Clairemont High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$6,974
Comp Average
$7,466
2128 Galveston
6bd / 3ba · 3,150 sqft · Single Family
$1.98M
Est. $7,921/mo
1850 Illion St
4bd / 3.5ba · 3,008 sqft · Single Family
$2.85M
Est. $7,877/mo
3815 Henry Street
4bd / 4ba · 2,817 sqft · Single Family
$2.69M
Est. $7,221/mo
4930 September St
4bd / 3.5ba · 2,872 sqft · Single Family
$3.50M
Est. $6,913/mo
2164 Tokalon Street
5bd / 3ba · 3,272 sqft · Single Family
$2.83M
Est. $7,399/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 4–6 bed houses within 2 mi · $6,396–$8,365
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$13,528/mo short at 20% down; 100% down or +$17,569/mo rent closes it.
- Break-even price
- $696,211
- Break-even rent
- $24,543/mo
- Cashflow at 35% down
- −$10,961/mo
- Down payment to break even
- 100%
- Rate to break even
- Not reachable
72% under asking
$17,569/mo above the estimate
$2,450,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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