1328 N Paradise Ridge Way
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1328 N Paradise Ridge Way

Dbottom 20%

Chula Vista, CA 91915

$2,775,000
STR limited · Chula Vista residents only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$16,295/mo full cashflow at 20% down, 7.43% rate.

Works at $653,269 (76% under asking); even all cash loses money at asking.

Rent $6,692/mo from 9 leases of 3–5 bed houses within 1 mi, same school area ($5,873–$6,313).

Beds

4

Baths

3.5

Sqft

3,258

Year Built

2004

Days on Market

87

Property Type

Single Family

HOA/mo

$135

MLS ID

PW26178906

This property is in Chula Vista (91915). Browse neighborhood analytics →

About This Property

NEW PRICE! $100,000 PRICE IMPROVEMENT! Welcome to Paradise, where timeless European elegance meets contemporary luxury in this extraordinary, completely reimagined single-story estate in the prestigious gated community of Eastlake Vistas. Offering 3,258 square feet of beautifully revitalized living space on an expansive 14,375-square-foot lot, this 4-bedroom, 3.5-bath residence showcases exceptional craftsmanship, architectural character, and designer finishes throughout. From the impressive Jerusalem limestone entry to the dramatic custom iron windows and doors, soaring ceilings, and exquisite details, every element has been thoughtfully selected. The stunning chef's kitchen features a statement Calacatta Gold Island, custom solid-wood cabinetry, handmade Italian tile backsplash, premium Thermador appliances, and sophisticated designer lighting. Beautiful Italian porcelain flooring, custom millwork, luxurious spa-inspired bathrooms, and an exceptional primary suite with a custom-designed closet elevate the home's timeless appeal. Designed for both elegant entertaining and everyday comfort, expansive living spaces open to a private resort-inspired backyard featuring a sparkling saltwater pool, spa, and inviting outdoor entertaining areas. Distinctive opportunity to own a truly turnkey, renovated trophy home combining European-inspired beauty with the convenience of single-level living plus a bonus room. Now offered at $2,775,000. Schedule your private showing today or stop by this weekend for the open house to discover the extraordinary residence, where timeless elegance meets the perfect place to call HOME.

Mortgage Calculator

Est. Monthly Payment

$19,136

Principal & Interest$15,416
Property Tax$2,775
Insurance$809
HOA$135
%($555,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Salt Creek Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Eastlake Middle · grades 7-8 · Sweetwater Union High

  • High

    Eastlake 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

2 comps found

This Property

$6,692

vs

Comp Average

$7,072

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$6,692

9 leases of 3–5 bed houses within 1 mi, same school area · $5,873–$6,313

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$12,443
Full Cashflow

Incl. vacancy, PM, maint, capex

-$16,295

What would make this work?

$16,295/mo short at 20% down; +$21,162/mo rent closes it.

Break-even price

76% under asking

$653,269
Break-even rent

$21,162/mo above the estimate

$27,854/mo
Cashflow at 35% down
−$13,404/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$15,416
Cap Rate
-0.24%
Cash-on-Cash
-35.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.35

NOI (Annual)
-$6,529
Price-to-Rent

Lower = better for investors

34.6

* 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.

Open Full Calculator
DCashflow−$16,295/mo