
1425 2nd Avenue #219
Atop 10%Chula Vista, CA 91911
Works at asking: +$629/mo full cashflow at 20% down, 7.43% rate.
Still breaks even up to $234,857 (54% above asking).
Rent $2,343/mo: zip market median for this bed count.
Beds
2
Baths
1
Sqft
770
Year Built
1991
Days on Market
97
Property Type
Mfd/Mobile Home
HOA/mo
N/A
MLS ID
PTP2605937
This property is in Chula Vista (91911). Browse neighborhood analytics →
About This Property
Price Reduction!!! Welcome to this delightful 2-bedroom, 1-bath manufactured home in a peaceful gated 55/35 senior community. This well-maintained home features an open floor plan with vaulted ceilings, a spacious living room open to the kitchen, and a bright kitchen with ample cabinet storage. The split-bedroom layout provides added privacy. Central air conditioning, interior laundry, a large covered porch, storage shed, and two assigned parking spaces. Palace Garden is a safe, pet-friendly community offering resort-style amenities, including a pool, clubhouse, shuffleboard, and year-round social activities. Conveniently located in Chula Vista, it is considered one of the area's premier manufactured home communities for active seniors. Palace Garden is a safe welcoming environment. has many amenities like pool, club house, and shuffle board. There is various activities throughout the year held at the clubhouse. It is considered one of the best senior parks for manufactured homes in Chula Vista!
Mortgage Calculator
Est. Monthly Payment
$1,048
Location
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Zoned Schools
Elementary
Lauderbach (J. Calvin) 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.
Comparable Properties
4 comps foundThis Property
$2,343
Comp Average
$2,470
501 Anita Street Spc 50
2bd / 1ba · 800 sqft · Mfd/Mobile Home
$135K
Est. $2,343/mo
1425 2nd Avenue
2bd / 2ba · 672 sqft · Mfd/Mobile Home
$144K
Est. $2,343/mo
577 Palomar
2bd / 1ba · 682 sqft · Mfd/Mobile Home
$140K
Est. $2,343/mo
1425 Second Avenue
3bd / 2ba · 712 sqft · Mfd/Mobile Home
$135K
Est. $2,849/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
Cashflows +$629/mo at 20% down with every reserve funded.
- Break-even price
- $234,857
- Break-even rent
- $1,527/mo
- Cashflow at 35% down
- +$788/mo
- Down payment to break even
- 0%
- Rate to break even
- 14.29%
54% above asking
Estimated rent already clears it
$0 cash
at 20% down
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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