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1475 Egret #2
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1475 Egret #2

Atop 10%

Chula Vista, CA 91913

$699,000
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: -$2,345/mo full cashflow at 20% down, 7.43% rate.

Works at $393,629 (44% under asking), or at 69% down.

Rent $4,311/mo from 8 leases of 4-bed condos & townhomes within 2 mi ($3,975–$4,289).

Beds

4

Baths

3.5

Sqft

1,778

Year Built

2015

Days on Market

56

Property Type

Townhouse

HOA/mo

$296.04

MLS ID

260022626SD

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

Virtual Tour

About This Property

Welcome to 1475 Egret St #2, located in the desirable Montecito community of Otay Ranch. This spacious 4-bedroom, 3.5-bath townhome offers 1,778 sq. ft. of living space with a functional multi-level floor plan and attached 2-car garage. A standout feature is the private upper-level 4th bedroom, offering a versatile space ideal for guests, a home office, media room, or additional living area. The open living areas provide plenty of room for everyday living and entertaining. Enjoy resort-style community amenities including pools, spa, clubhouse, fitness center, playgrounds, BBQ areas, and walking trails. Ideally located within walking distance to neighborhood parks, community amenities, and nearby schools, with shopping, dining, Otay Ranch Town Center, and SR-125 just minutes away. A great opportunity to own in one of Chula Vista’s highly desirable master-planned communities.

Mortgage Calculator

Est. Monthly Payment

$5,082

Principal & Interest$3,883
Property Tax$699
Insurance$204
HOA$296
%($139,800)
%
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.

Comparable Properties

5 comps found

This Property

$4,311

vs

Comp Average

$4,115

1672 Puffin Pl

1672 Puffin Pl

4bd / 3.5ba · 1,882 sqft · Townhouse

$700K

Est. $4,480/mo

1430 Heron St

1430 Heron St

5bd / 3.5ba · 1,882 sqft · Townhouse

$745K

Est. $4,443/mo

1555 Caminito Zaragosa

1555 Caminito Zaragosa

4bd / 2.5ba · 1,820 sqft · Townhouse

$714K

Est. $4,044/mo

1291 Camino Carmelo

1291 Camino Carmelo

3bd / 2.5ba · 1,710 sqft · Townhouse

$750K

Est. $3,798/mo

2004 Gypsy Ave

2004 Gypsy Ave

3bd / 3.5ba · 1,802 sqft · Condo

$728K

Est. $3,810/mo

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

Investment Score

59A
Est. Monthly Rent
$4,311

8 leases of 4-bed condos & townhomes within 2 mi · $3,975–$4,289

Blended 50/50 with the zip's market median ($4,583)

Monthly Cashflow

Rent − PITIA

-$771
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,345

What would make this work?

$2,345/mo short at 20% down; 69% down or +$3,046/mo rent closes it.

Break-even price

44% under asking

$393,629
Break-even rent

$3,046/mo above the estimate

$7,357/mo
Cashflow at 35% down
−$1,617/mo
Down payment to break even

$482,310 cash

69%
Rate to break even

Negative even at a 0% loan

Not reachable
Mortgage (P+I)
$3,883
Cap Rate
3.01%
Cash-on-Cash
-20.13%
DSCR

Need ≥ 1.25 for DSCR loan

0.85
NOI (Annual)
$21,042
Price-to-Rent

Lower = better for investors

13.5

* 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−$2,345/mo