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Bay Park Home and ADU development 2419 Chicago St 1 Unit Apartment Building $2,150,000 ($2,150,000/Unit) 4.62% Cap Rate San Diego, CA 92110
INVESTMENT HIGHLIGHTS
- Renovated 3br-2ba home with private fenced yard and ADU site ready in rear of lot off the alley
- Price includes plans Call office for details
- Future ADU: Plans for (permits in processing) 2 story 3br-2ba with 2-car garage, rooftop deck with BAY VIEW! private fenced in yard
EXECUTIVE SUMMARY
Prime Investment or Owner User Opportunity located in the popular Bay Park area..just blocks from Mission Bay! Property consist of an existing fully
renovated single family home in front with plans (permits in process) for a detached 2 story ADU in the rear off the alley. The ADU plan is for a
3br-2ba (1,178 sf) Unit, 2 stories, roof top deck with Bay Views and a 2 car garage, own private yard and separate entrance from the alley. The front house
is a 3br 2ba , also has separate entrance from Chicago street, parking and large fully landscaped & fenced backyard. Featuring a beautiful renovated kitchen with quartz counter tops new SS appliances, updated electrical, ABS plumbing, new HVAC and brand new roof! Great for owner to occupy front house and build ADU in rear for
additional rental income. Front house Projected rent $6,000-$6,300.00. ADU, after completion projected rent $5,500+
Call Jordan: 619-549-4347 for details on plans, permits and estimated final approval dates.
renovated single family home in front with plans (permits in process) for a detached 2 story ADU in the rear off the alley. The ADU plan is for a
3br-2ba (1,178 sf) Unit, 2 stories, roof top deck with Bay Views and a 2 car garage, own private yard and separate entrance from the alley. The front house
is a 3br 2ba , also has separate entrance from Chicago street, parking and large fully landscaped & fenced backyard. Featuring a beautiful renovated kitchen with quartz counter tops new SS appliances, updated electrical, ABS plumbing, new HVAC and brand new roof! Great for owner to occupy front house and build ADU in rear for
additional rental income. Front house Projected rent $6,000-$6,300.00. ADU, after completion projected rent $5,500+
Call Jordan: 619-549-4347 for details on plans, permits and estimated final approval dates.
FINANCIAL SUMMARY (ACTUAL - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,150,000 | Property Subtype | Apartment |
| Price Per Unit | $2,150,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.62% | Lot Size | 0.14 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,274 SF |
| Gross Rent Multiplier | 15.58 | No. Stories | 1 |
| No. Units | 1 | Year Built/Renovated | 1943/2025 |
| Property Type | Multifamily |
| Price | $2,150,000 |
| Price Per Unit | $2,150,000 |
| Sale Type | Investment |
| Cap Rate | 4.62% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 15.58 |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,274 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1943/2025 |
AMENITIES
UNIT AMENITIES
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Yard
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Walk Score®
Very Walkable (73)
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Bay Park Home and ADU development | 2419 Chicago St
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