1053 Woodlawn Ave
Btop 30%Chula Vista, CA 91911
Pass at asking: -$2,755/mo full cashflow at 20% down, 7.43% rate.
Works at $341,205 (51% under asking), or at 77% down.
Rent $3,404/mo from 8 leases of 3-bed houses within 2 mi ($2,906–$3,260).
Beds
3
Baths
1
Sqft
988
Year Built
1943
Days on Market
46
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023492SD
This property is in Chula Vista (91911). Browse neighborhood analytics →
About This Property
Fixer-upper opportunity in a desirable Chula Vista location! This 3-bedroom single-story home sits on a rare 7,108 sq. ft. lot with plenty of room to renovate, expand, or create your ideal outdoor space. The property needs repairs and updating, offering a blank canvas for those looking to bring their vision to life. Conveniently located near the Gaylord Pacific Resort, Costco, Target, shopping, restaurants, and everyday conveniences. No HOA or Mello-Roos. Great opportunity for investors, contractors, or buyers looking for a property with potential.
Mortgage Calculator
Est. Monthly Payment
$4,793
Location
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Zoned Schools
Elementary
Harborside Elementary · grades PK-6 · Chula Vista Elementary
Middle
Chula Vista Middle · grades 7-8 · Sweetwater Union High
High
Chula Vista Senior High · grades 9-12 · Sweetwater Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Renovation math
Flagged Heavy Rehab from the listing remarks — “fixer-upper”, “fixer”, “needs repairs”.
- Asking now
- $700K
- Worth finished
- $685K
- Already above finished value
- −$14,998
$709/sqft
$693/sqft × 988 sqft
$15/sqft over
Comparable finished homes nearby suggest this is worth about $685K — below the asking price. A renovation here has to be funded out of the purchase, not the spread.
Rent once renovated
- Rent at par
- $2,985/mo
- Cashflow at that rent
- −$3,078/mo
$3.02/sqft × 988 sqft, median of 5 comps
cap rate 1.65%, DSCR 0.62
Heads up: the rent estimate elsewhere on this page ($3,404/mo) is above what comparable finished homes here support. A home that needs work does not out-rent them, so treat $2,985/mo as the ceiling.
Buying at asking and achieving par rent, excluding the renovation spend itself. We don't publish a current-condition rent: no listing remark says how much work a home needs, and mid-renovation it earns nothing.
Based on 5 comparable homes of the same property type and size currently listed nearby — asking prices and modelled rents, not closed sales. A contractor's scope, not this page, decides what a renovation actually costs.
Comparable Properties
5 comps foundThis Property
$3,404
Comp Average
$3,509
1385 Melrose
3bd / 2ba · 1,262 sqft · Single Family
$699K
Est. $3,624/mo
152 E Oxford Street
3bd / 2ba · 1,040 sqft · Single Family
$750K
Est. $3,301/mo
350 Tourmaline Court
3bd / 2ba · 1,138 sqft · Single Family
$789K
Est. $3,438/mo
36 E Prospect St
3bd / 2ba · 1,209 sqft · Single Family
$799K
Est. $3,486/mo
935 Cuyamaca Avenue
3bd / 2ba · 1,050 sqft · Single Family
$835K
Est. $3,696/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3-bed houses within 2 mi · $2,906–$3,260
Blended 50/50 with the zip's market median ($3,836)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,755/mo short at 20% down; 77% down or +$3,578/mo rent closes it.
- Break-even price
- $341,205
- Break-even rent
- $6,982/mo
- Cashflow at 35% down
- −$2,026/mo
- Down payment to break even
- 77%
- Rate to break even
- Not reachable
51% under asking
$3,578/mo above the estimate
$539,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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