1333 Burgundy Drive
Btop 30%Chula Vista, CA 91913
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,627/mo full cashflow at 20% down, 7.43% rate.
Works at $257,463 (57% under asking), or at 84% down.
Rent $2,929/mo from 15 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,951–$3,141).
Beds
2
Baths
2
Sqft
1,060
Year Built
2006
Days on Market
53
Property Type
Condo
HOA/mo
$278
MLS ID
PTP2607086
This property is in Chula Vista (91913). Browse neighborhood analytics →
About This Property
Belleme HOA is a highly desirable complex centrally located in Otay Ranch. This end-unit condominium includes two en-suite upstairs bedrooms. This unit has central air conditioning and makes it a great find in the Otay Ranch area. There is a small outdoor patio area that can be accessed through one of the bedrooms or the living area. A cozy fireplace in the living room is just what is needed for the coming fall season. The dual living room / dining room area makes this floorplan an easy fit for your family. The kitchen has a great green backsplash that gives the home a more modern feel. The unit includes and dishwasher, refrigerator and stove. This lovely unit has an attached one car garage for additional security of your vehicle. The garage includes a custom checkered tile garage flooring. I addition, there is one permitted parking space. This home is in central Otay Ranch which is perfect as you are minutes away from dining, public transportation, schools shopping and more. The complex includes a playground area and a community pool with a spa to relax and enjoy on these crisp fall evenings.
Mortgage Calculator
Est. Monthly Payment
$4,383
Location
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Zoned Schools
Elementary
Veterans 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
$2,929
Comp Average
$2,997
2063 Lakeridge
2bd / 2ba · 1,045 sqft · Condo
$479K
Est. $3,032/mo
1298 Fools Gold
2bd / 2ba · 1,071 sqft · Condo
$549K
Est. $2,959/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
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
15 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,951–$3,141
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,627/mo short at 20% down; 84% down or +$3,412/mo rent closes it.
- Break-even price
- $257,463
- Break-even rent
- $6,341/mo
- Cashflow at 35% down
- −$2,003/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
57% under asking
$3,412/mo above the estimate
$503,580 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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