
1500 Painted Cave Avenue
Ctop 80%Chula Vista, CA 91913
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 →
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!
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Est. Monthly Payment
$7,944
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 foundThis Property
$5,186
Comp Average
$5,379
2098 Paseo Cultura
4bd / 3.5ba · 2,569 sqft · Single Family
$1.02M
Est. $5,487/mo
2019 Avenida Palomino
4bd / 3ba · 2,498 sqft · Single Family
$1.02M
Est. $5,388/mo
1321 Carpinteria Street
5bd / 3.5ba · 2,555 sqft · Single Family
$1.15M
Est. $5,282/mo
2070 Via Estancia
4bd / 3ba · 2,535 sqft · Single Family
$1.22M
Est. $5,546/mo
1540 Hunters Glen
5bd / 2.5ba · 2,662 sqft · Single Family
$1.19M
Est. $5,194/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
35 leases of 4–6 bed houses within 2 mi · $4,887–$5,344
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,908/mo short at 20% down; 82% down or +$6,375/mo rent closes it.
- Break-even price
- $509,859
- Break-even rent
- $11,561/mo
- Cashflow at 35% down
- −$3,712/mo
- Down payment to break even
- 82%
- Rate to break even
- Not reachable
56% under asking
$6,375/mo above the estimate
$942,179 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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