
1298 Fools Gold #1
Atop 10%Chula Vista, CA 91913
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,177/mo full cashflow at 20% down, 7.43% rate.
Works at $265,597 (52% under asking), or at 78% down.
Rent $2,959/mo from 1 lease in this building.
Beds
2
Baths
2
Sqft
1,071
Year Built
2005
Days on Market
177
Property Type
Condo
HOA/mo
$239
MLS ID
260011935SD
This property is in Chula Vista (91913). Browse neighborhood analytics →
About This Property
Welcome to this beautifully updated complex. This 2-bedroom, 2-bath end-unit condo is located in the highly desirable community of Otay Ranch. Filled with natural light from an abundance of windows, this light & bright home offers an open and inviting floor plan with stylish new vinyl plank flooring throughout. The remodeled kitchen is designed to impress with white shaker cabinetry featuring pull-out drawers, quartz countertops, custom tile backsplash, pantry cabinet, stainless steel appliances including the refrigerator & a convenient eat-at bar perfect for casual dining or entertaining. The spacious primary suite includes two closets & an en-suite bathroom with dual sinks, creating a comfortable private retreat. Indoor laundry includes a washer & dryer for added convenience. Enjoy the privacy of an end unit along with your own private balcony to relax and unwind. Additional features include a 1-car garage plus an additional assigned parking space. The community offers its own pool, spa & lounging area, while residents also enjoy access to the incredible Otay Ranch master-planned amenities including a heated lap pool, spa, basketball courts, parks, playgrounds & clubhouse with BBQ areas. Conveniently located near shopping, restaurants & easy freeway access, this home combines comfort, style & an unbeatable lifestyle.
Mortgage Calculator
Est. Monthly Payment
$3,998
Location
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Zoned Schools
Elementary
McMillin (Corky) Elementary · grades K-6 · Chula Vista Elementary
Middle
Rancho del Rey Middle · grades 7-8 · Sweetwater Union High
High
Olympian 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.
Comparable Properties
5 comps foundThis Property
$2,959
Comp Average
$2,991
2063 Lakeridge
2bd / 2ba · 1,045 sqft · Condo
$479K
Est. $3,032/mo
2035 Lakeridge Circle
2bd / 2ba · 1,045 sqft · Condo
$510K
Est. $3,044/mo
2055 Lakeridge
2bd / 2ba · 1,045 sqft · Condo
$510K
Est. $2,907/mo
2011 Lakeridge Circle
2bd / 2ba · 1,045 sqft · Condo
$550K
Est. $3,044/mo
1333 Burgundy Drive
2bd / 2ba · 1,060 sqft · Condo
$600K
Est. $2,929/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building
Blended 50/50 with a property-level estimate
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,177/mo short at 20% down; 78% down or +$2,827/mo rent closes it.
- Break-even price
- $265,597
- Break-even rent
- $5,786/mo
- Cashflow at 35% down
- −$1,605/mo
- Down payment to break even
- 78%
- Rate to break even
- Not reachable
52% under asking
$2,827/mo above the estimate
$428,220 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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