1485 Caminito Padova
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1485 Caminito Padova

Ctop 80%

Chula Vista, CA 91915

$954,000
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: -$3,869/mo full cashflow at 20% down, 7.43% rate.

Works at $450,261 (53% under asking), or at 79% down.

Rent $4,831/mo from 11 leases of 3–5 bed houses within 1 mi ($4,522–$5,015).

Beds

4

Baths

2.5

Sqft

2,310

Year Built

2005

Days on Market

102

Property Type

Single Family

HOA/mo

$262

MLS ID

PTP2605803

This property is in Chula Vista (91915). Browse neighborhood analytics →

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About This Property

***Price Reduced!*** METICULOUSLY MAINTAINED Eastlake Beauty in The Gated Summit: Pride of ownership is evident throughout this exceptional residence in the highly sought-after Summit at Eastlake. Offering approximately 2,310 square feet, this spacious home features 3 bedrooms with optional large 4th room, 2.5 bathrooms, and a versatile floor plan designed for comfortable everyday living and entertaining. Unlike many renovated homes on the market today, this property is NOT A FLIP. It has been METICULOUSLY MAINTAINED, thoughtfully cared for, and EXCEPTIONALLY CLEAN, reflecting years of attentive ownership and ongoing upkeep. From the moment you enter, you'll appreciate the quality, condition, and attention to detail that set this home apart. The well-designed floor plan features generous living and dining areas, an inviting family room with fireplace and custom built-ins, and a spacious kitchen with abundant cabinetry, center island, ample counter space, and double ovens. Natural light fills the home, creating a bright and welcoming atmosphere throughout. Upstairs, the oversized primary suite offers a private retreat with a large walk-in closet, dual vanities, soaking tub, and separate shower. A spacious loft/bonus room provides flexibility for a home office, media room, fitness area, or potential fourth bedroom. Additional bedrooms are generously sized and well-positioned for privacy. Step outside to a private, low-maintenance patio perfect for relaxing, entertaining, or enjoying Southern California's year-round climate. Located in one of Eastlake's most desirable neighborhoods, residents enjoy convenient access to Eastlake Village Marketplace, Eastlake Commons, Otay Ranch Town Center, Trader Joe's, Vons, Starbucks, restaurants, fitness centers, and everyday shopping needs—most just minutes from the home. The property is also close to parks, walking trails, golf courses, and schools, including Olympic View Elementary, Eastlake Middle, and Eastlake High School.

Mortgage Calculator

Est. Monthly Payment

$6,794

Principal & Interest$5,300
Property Tax$954
Insurance$278
HOA$262
%($190,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Olympic View Elementary · grades PK-6 · Chula Vista Elementary

  • Middle

    Eastlake Middle · grades 7-8 · Sweetwater Union High

  • High

    Eastlake 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

33C
Est. Monthly Rent
$4,831

11 leases of 3–5 bed houses within 1 mi · $4,522–$5,015

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,963
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,869

What would make this work?

$3,869/mo short at 20% down; 79% down or +$5,025/mo rent closes it.

Break-even price

53% under asking

$450,261
Break-even rent

$5,025/mo above the estimate

$9,856/mo
Cashflow at 35% down
−$2,875/mo
Down payment to break even

$753,660 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,300
Cap Rate
2.10%
Cash-on-Cash
-24.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$20,069
Price-to-Rent

Lower = better for investors

16.5

* 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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CCashflow−$3,869/mo