1434 Carpinteria Street

1434 Carpinteria Street

Ctop 80%

Chula Vista, CA 91913

$1,070,000
NEW — 0d
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: -$4,395/mo full cashflow at 20% down, 7.49% rate.

Works at $500,174 (53% under asking), or at 79% down.

Rent $5,104/mo from 25 leases of 4-bed houses within 2 mi ($4,704–$5,098).

Beds

4

Baths

3

Sqft

2,321

Year Built

2021

Days on Market

0

Property Type

Single Family

HOA/mo

$72

MLS ID

PTP2608149

This property is in Chula Vista (91913). Browse neighborhood analytics →

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About This Property

Beautiful corner-lot property featuring PAID-OFF SOLAR PANELS, an open and spacious floor plan, and ample guest street parking! This home offers a full bedroom and bathroom downstairs, plus an upstairs loft ideal for a home office, playroom, or additional living space. Upgrades include laminate wood flooring throughout, a soft water system, reverse osmosis filtration with a separate alkaline water spout, and dual window shades throughout, offering both blackout and light-filtering options. The garage is fully finished with fresh paint and epoxy flooring. Additional features include a low-maintenance artificial turf yard, newly added succulents, and an upgraded shower featuring a high-end shower head with multiple body sprayers. The property also includes an additional garage refrigerator, deep freezer, and two large storage racks. Enjoy the convenience of a fantastic community offering pickleball courts, basketball courts, swimming pool, hot tub, gym, recreation center, and two neighborhood parks within approximately a block and a half. Conveniently located near shopping malls, restaurants, and freeway access. A wonderful opportunity to enjoy comfort, convenience, and an active community lifestyle! Agent owned property.

Mortgage Calculator

Est. Monthly Payment

$7,433

Principal & Interest$5,979
Property Tax$1,070
Insurance$312
HOA$72
%($214,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Muraoka (Saburo) Elementary · grades PK-6 · Chula Vista Elementary

  • Middle

    Rancho del Rey Middle · grades 7-8 · Sweetwater Union High

  • High

    Otay Ranch 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

27C
Est. Monthly Rent
$5,104

25 leases of 4-bed houses within 2 mi · $4,704–$5,098

Blended 50/50 with the zip's market median ($5,264)

Monthly Cashflow

Rent − PITIA

-$2,329
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,395

What would make this work?

$4,395/mo short at 20% down; 79% down or +$5,708/mo rent closes it.

Break-even price

53% under asking

$500,174
Break-even rent

$5,708/mo above the estimate

$10,812/mo
Cashflow at 35% down
−$3,274/mo
Down payment to break even

$845,300 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,979
Cap Rate
2.06%
Cash-on-Cash
-24.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$22,075
Price-to-Rent

Lower = better for investors

17.5

* Modelled at 20% down, 7.49% 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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CCashflow−$4,395/mo