121 Orange Avenue #SPC 39
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121 Orange Avenue #SPC 39

Atop 10%

Chula Vista, CA 91911

$230,000

Works at asking: +$81/mo full cashflow at 20% down, 7.36% rate.

Still breaks even up to $240,629 (5% above asking).

Rent $2,388/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,366

Year Built

1971

Days on Market

129

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

PTP2605096

This property is in Chula Vista (91911). Browse neighborhood analytics →

Virtual Tour

About This Property

Beautifully fully remodeled and move-in ready home in Chula Vista! This turnkey property features a brand-new kitchen with custom cabinetry, quartz countertops, and an oversized quartz waterfall island within a modern open-concept floor plan. Enjoy remodeled bathrooms, new SPC luxury flooring, new carpet, fresh interior paint, upgraded drywall walls, recessed LED lighting, and new dual-pane windows. This home features two living rooms and a bonus sunroom - offers flexible additional space for an office, lounge, additional third bedroom or entertaining area. Includes a spacious storage shed in the carport for added convenience. Located just off the 805 Freeway with easy access to the 5, 54, 805, and 905 freeways, shopping, dining, schools, and parks. Space rent is $1,740. Community amenities include 24-hour security, pool, recreation room for resident events at no additional charge, and community laundry. All ages high-end community, NO AGE restriction. A beautifully upgraded Chula Vista home in a convenient South Bay location!

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Est. Monthly Payment

$1,566

Principal & Interest$1,269
Property Tax$230
Insurance$67
%($46,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Otay Elementary · grades PK-6 · Chula Vista Elementary

  • Middle

    Castle Park Middle · grades 7-8 · Sweetwater Union High

  • High

    Castle Park 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.

Investment Score

95A
Est. Monthly Rent
$2,388

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$822
Full Cashflow

Incl. vacancy, PM, maint, capex

+$81

What would make this work?

Cashflows +$81/mo at 20% down with every reserve funded.

Break-even price

5% above asking

$240,629
Break-even rent

Estimated rent already clears it

$2,283/mo
Cashflow at 35% down
+$319/mo
Down payment to break even

$46,000 cash

20%
Rate to break even

at 20% down

8.00%

Mortgage (P+I)
$1,269
Cap Rate
7.67%
Cash-on-Cash
2.12%
DSCR
1.52

NOI (Annual)
$17,634
Price-to-Rent

Lower = better for investors

8.0

* Modelled at 20% down, 7.36% 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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ACashflow+$81/mo