1450 Santa Diana Rd #1
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1450 Santa Diana Rd #1

Atop 10%

Chula Vista, CA 91913

$550,000
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: -$2,128/mo full cashflow at 20% down, 7.43% rate.

Works at $272,790 (50% under asking), or at 76% down.

Rent $3,106/mo from 20 leases of 2-bed condos & townhomes within 2 mi ($2,963–$3,143).

Beds

2

Baths

2

Sqft

1,098

Year Built

2014

Days on Market

49

Property Type

Townhouse

HOA/mo

$296.04

MLS ID

260023078SD

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

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About This Property

Built in 2014, this 2-bedroom, 2-bath end-unit townhome in the Aviare community of Village of Montecito at Otay Ranch has been lovingly maintained by its original owner. Warm, bright, and completely move-in ready, this one's waiting for you. Inside you'll feel it right away: an open, airy floor plan with a kitchen featuring granite countertops, stainless steel appliances, gas cooking, and an island where you can sit and enjoy a meal at any time of the day, or step outside to your private balcony to simply relax. The primary bedroom has an en-suite bathroom, dual sinks, and a walk-in closet. The home is equipped with other practical features such as a Nest thermostat, Ring doorbell, alarm system, a whole house fan and ceiling fans in both bedrooms as well as in the living room. And because this owner planned ahead, you won't be tackling big projects for years to come: a 16-panel solar system, newer HVAC unit, washer, dryer and dishwasher, a tankless water heater, whole-house water filtration system and softener, a UV air scrubber, new toilets, and LED recessed lighting all thoughtfully upgraded over the last 1 to 4 years. The one-car garage comes with an EV charger and overhead storage, plus a reserved parking spot just a few feet from the front door. Outside, resort-style amenities await, including two pools, spa, BBQ and picnic areas, clubhouse, gym, tennis and basketball courts, bocce ball, playgrounds and a large grass field. Close proximity to schools, parks, shopping, and entertainment. This is one you just can't miss!

Mortgage Calculator

Est. Monthly Payment

$4,062

Principal & Interest$3,055
Property Tax$550
Insurance$160
HOA$296
%($110,000)
%
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

53A
Est. Monthly Rent
$3,106

20 leases of 2-bed condos & townhomes within 2 mi · $2,963–$3,143

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$956
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,128

What would make this work?

$2,128/mo short at 20% down; 76% down or +$2,764/mo rent closes it.

Break-even price

50% under asking

$272,790
Break-even rent

$2,764/mo above the estimate

$5,870/mo
Cashflow at 35% down
−$1,555/mo
Down payment to break even

$418,000 cash

76%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,055
Cap Rate
2.36%
Cash-on-Cash
-23.22%
DSCR

Need ≥ 1.25 for DSCR loan

0.76

NOI (Annual)
$12,991
Price-to-Rent

Lower = better for investors

14.8

* 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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ACashflow−$2,128/mo