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San Diego VA Approved Condos: BELLAMAR

san diego va approved condos for saleBELLAMAR: 2556 Chicago Street, San Diego, CA 92110

  • Bedrooms: 1,3
  • Bathrooms: 1,2
  • Price Range as of Dec 2014: $150,000-$200,000 ($300-350 for 3br)

For assistance with a condo approval project contact VA Home Loan Centers at 888-573-4496.


Available condos at Bellamar are mostly one bedroom one bathroom units; however three bedrooms two bathrooms are also found in the complex. One bedroom units range in price between $150,000 and $200,000. Three bedroom units are in the $300,000 to $350,000 range. Located in the hilly San Diego neighborhood of Bay Park, the average listing price of the area is higher than Bellamar at $726,491. Remodeled in 2006, one bedroom units are approximately 586 square feet. Bay Park homes can potentially be viewed as investment properties. The neighborhood has 33 percent fewer foreclosures waiting to be sold than San Diego citywide and 39 percent less than the national average. Because the number is lower locally, Bay Park home values could increase at a faster rate than much of San Diego. For 2015, it is estimated that home values in Bay Park will rise by 3.2 percent. Condo owners in Bellamar pay $162 in HOA dues per month. Fees include hot water, gated community, and exterior building maintenance. The complex is home to 42 individual units.

Close to Mission Bay, Pacific Beach, and two blocks from Mission Bay Park, and Fashion Valley, Bellamar is ideally located. Balconies and Patios look out onto evening lights. Some units have a view of the bay. The complex features a stucco architectural style.

Condos are equipped with closet stacked washers and dryers. Built in storage space alleviates clutter and a well-maintained common area not only adds to the esthetic of the community, but makes meeting and socializing with neighbors easy. Some units have shared, dethatched garages; residents who do not have access to these garages have assigned parking on site. Visitor parking is available on the street.

Certain units have private front yards; custom built decks and synthetic grass. Upgraded units have granite counters, stainless steel appliances and bamboo wood floors.

The complex allows pet ownership. Dog owners have easy access to Fiesta Island, Western Hills Park, and Capehart Dog Park. Bellamar is a gated and secured complex, giving parents added peace of mind. The complex is in the attendance area of Bay Park Elementary School, Marston Middle School and Clairemont High School.

Right next to the five freeway, and served by bus routes 50 and 105, transportation from Bellamar to other areas of San Diego is not difficult. Active duty military members can commute from the complex to nearby facilities in short times. The 32nd street naval station is 12 miles away; the MCRD is five miles away and Camp Pendleton is 35 miles away.

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