1500 Painted Cave Avenue
1 / 20

1500 Painted Cave Avenue

Ctop 80%

Chula Vista, CA 91913

$1,148,999
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: -$4,908/mo full cashflow at 20% down, 7.43% rate.

Works at $509,859 (56% under asking), or at 82% down.

Rent $5,186/mo from 35 leases of 4–6 bed houses within 2 mi ($4,887–$5,344).

Beds

5

Baths

4

Sqft

2,555

Year Built

2024

Days on Market

136

Property Type

Single Family

HOA/mo

$77

MLS ID

PTP2604909

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

Virtual Tour

About This Property

VA assumable rate 5.6% **Solar is paidoff** **Welcome to 1500 Painted Cave Ave**, a beautifully upgraded home in the heart of highly sought-after Otay Ranch. Offering **5 bedrooms, 4 bathrooms, and approximately 2,555 square feet of living space**, this move-in-ready residence showcases **custom upgrades throughout**, including elegant **quartz countertops**, upgraded flooring, a beautifully designed **patio cover**, and a professionally landscaped **backyard** perfect for relaxing or entertaining. Every detail has been thoughtfully enhanced, creating a modern and functional home that's ready for its next owner. Step inside to a bright and inviting floor plan filled with abundant natural light and spacious living areas designed for both everyday living and entertaining. The kitchen serves as the heart of the home with its beautiful quartz countertops, ample cabinetry, and seamless flow into the dining and living spaces. A highly desirable first-floor bedroom and full bathroom provide flexibility for guests, multi-generational living, or a private home office. Upstairs, you'll find generously sized secondary bedrooms and a spacious primary suite that serves as a peaceful retreat. Enjoy the added value of **owned solar**, helping provide energy efficiency and long-term savings. The backyard offers plenty of space to relax, entertain, and enjoy San Diego's year-round weather beneath the custom patio cover. Ideally located near top-rated schools, parks, shopping, dining, and all the amenities Otay Ranch is known for, this exceptional home offers the perfect blend of luxury, comfort, and convenience. There are electric vehicle chargers in the garage. Don't miss your opportunity to make **1500 Painted Cave Ave** your next home!

Mortgage Calculator

Est. Monthly Payment

$7,944

Principal & Interest$6,383
Property Tax$1,149
Insurance$335
HOA$77
%($229,800)
%
Loan Term

Location

Loading map...

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

19C
Est. Monthly Rent
$5,186

35 leases of 4–6 bed houses within 2 mi · $4,887–$5,344

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,758
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,908

What would make this work?

$4,908/mo short at 20% down; 82% down or +$6,375/mo rent closes it.

Break-even price

56% under asking

$509,859
Break-even rent

$6,375/mo above the estimate

$11,561/mo
Cashflow at 35% down
−$3,712/mo
Down payment to break even

$942,179 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,383
Cap Rate
1.81%
Cash-on-Cash
-25.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$20,808
Price-to-Rent

Lower = better for investors

18.5

* 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.

Open Full Calculator
CCashflow−$4,908/mo