425 Bancroft Street

425 Bancroft Street

D

San Diego, CA 92102

$849,000

Soft Appraisal Value: $853,000 · 0.5% below estimate

Beds

5

Baths

2.5

Sqft

1,839

Year Built

1970

Days on Market

41

Property Type

Single Family

HOA/mo

N/A

MLS ID

OC25189972

Description

Spacious, move-in ready, and delivered with Approved Plans for a Junior ADU - 425 Bancroft offers unique versatility and value. The Approved Plans provide an exciting opportunity to reconfigure the existing layout into a 4 bed, 3 bath, ~1,500 sqft main residence with an attached ~350 sqft 1Bed, 1Bath Junior ADU - perfect for multi-generational living, private rental unit, or income-producing investment. Recent upgrades include a sparkling kitchen, fresh interior paint, and new flooring throughout, while the exterior grounds feature new fencing, a covered patio, and off-alley driveway parking. This property delivers great value now and major upside ahead - with multiple options to create your ideal primary home or maximize its income-producing potential.

Mortgage Calculator

Est. Monthly Payment

$5,390

Principal & Interest$4,293
Property Tax$849
Insurance$248
%($169,800)
%

Investment Score

16D
Est. Monthly Rent
$4,469
Monthly Cashflow

Rent − PITI − HOA

$-921
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,656

Mortgage (P+I)
$4,293
Cap Rate
2.31%
Cash-on-Cash
-6.51%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$5,390

NOI (Annual)
$19,640
Price-to-Rent

Lower = better for investors

15.8

* 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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