1109 Nolan Avenue
Btop 30%Chula Vista, CA 91911
Pass at asking: -$3,264/mo full cashflow at 20% down, 7.49% rate.
Works at $371,923 (53% under asking), or at 79% down.
Rent $3,725/mo from 10 leases of 3-bed houses within 2 mi ($3,525–$3,802).
Beds
3
Baths
2
Sqft
1,461
Year Built
1969
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2609993
This property is in Chula Vista (91911). Browse neighborhood analytics →
About This Property
Completely Renovated Single-Level Home with Over $150,000 in Recent Improvements! This beautifully updated, move-in ready home showcases quality upgrades throughout. The designer kitchen features shaker-style cabinetry, stunning waterfall quartz countertops, a large center island with breakfast bar seating, frosted glass accent cabinets, a custom glass tile backsplash, and a premium Café stainless steel appliance package including a six-burner gas range and refrigerator. The open floor plan is enhanced by new luxury vinyl plank flooring, recessed LED lighting, new baseboards, interior doors, hardware, fixtures, and fresh interior and exterior paint. Both bathrooms have been completely remodeled with designer finishes, including tile flooring, quartz countertops, new vanities, updated lighting and fixtures, and a beautifully finished walk-in shower with stone surround. Additional major improvements include a new roof, new air conditioning system, new furnace, all new ductwork, new sliding glass doors, and plantation shutters throughout. Step outside to your own private backyard retreat featuring lush tropical landscaping, mature palms, a charming thatched-roof gazebo, a covered patio, raised planter beds, and an expansive lawn perfect for entertaining, relaxing, children, or pets. A natural flagstone walkway adds to the resort-style feel, while the extra-wide driveway offers potential RV parking. The detached double-door shed is equipped with electricity and air conditioning, making it ideal as a workshop, home office, gym, hobby room, or potential future ADU conversion (buyer to verify). This is a rare opportunity to own a home where nearly every major improvement has already been completed, allowing you to simply move in and enjoy.
Mortgage Calculator
Est. Monthly Payment
$5,470
Location
Loading map...
Comparable Properties
5 comps foundThis Property
$3,725
Comp Average
$3,711
1324 Park Drive
3bd / 2ba · 1,392 sqft · Single Family
$565K
Est. $3,589/mo

2133 ARcher Ave 2
3bd / 3ba · 1,463 sqft · Single Family
$717K
Est. $3,728/mo
505 Timber Street
3bd / 2ba · 1,322 sqft · Single Family
$840K
Est. $3,587/mo
451 Montcalm St
3bd / 2ba · 1,416 sqft · Single Family
$899K
Est. $3,788/mo
485 Montcalm St
3bd / 2ba · 1,485 sqft · Single Family
$919K
Est. $3,864/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 3-bed houses within 2 mi · $3,525–$3,802
Blended 50/50 with the zip's market median ($3,840)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,264/mo short at 20% down; 79% down or +$4,239/mo rent closes it.
- Break-even price
- $371,923
- Break-even rent
- $7,964/mo
- Cashflow at 35% down
- −$2,431/mo
- Down payment to break even
- 79%
- Rate to break even
- Not reachable
53% under asking
$4,239/mo above the estimate
$628,050 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.
Open Full Calculator