1502 Apache Dr #E
Btop 30%Chula Vista, CA 91910
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,727/mo full cashflow at 20% down, 7.43% rate.
Works at $264,969 (57% under asking), or at 84% down.
Rent $3,227/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi ($3,271–$3,478).
Beds
2
Baths
2
Sqft
1,270
Year Built
1983
Days on Market
45
Property Type
Condo
HOA/mo
$450
MLS ID
PTP2607099
This property is in Chula Vista (91910). Browse neighborhood analytics →
About This Property
This clean and move-in-ready 2 bedroom/2 bath home offers approximately 1270 sqft of comfortable living space with a unique two-level layout. Step inside to a bright and welcoming living space that's ready for its next owner. The home features new appliances, a newer water heater and solar adding value and efficiency from day one. A two-car garage with easy access and close to entrance for your laundry duties. Conveniently located near shopping, dining, parks, schools and freeway access.
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Est. Monthly Payment
$4,695
Location
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Zoned Schools
Elementary
Chula Vista Hills Elementary · grades K-6 · Chula Vista Elementary
Middle
Bonita Vista Middle · grades 7-8 · Sweetwater Union High
High
Bonita Vista 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
$3,227
Comp Average
$2,979
376 Center St.
2bd / 2ba · 1,224 sqft · Condo
$480K
Est. $2,822/mo
548 Telegraph Canyon Rd
3bd / 2ba · 1,186 sqft · Condo
$540K
Est. $3,085/mo
453 E St
2bd / 2.5ba · 1,040 sqft · Condo
$569K
Est. $2,685/mo
508 Avenida Centro
2bd / 2.5ba · 1,384 sqft · Condo
$640K
Est. $3,274/mo
376 Center Street
2bd / 2.5ba · 1,452 sqft · Condo
$570K
Est. $3,030/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 1–3 bed condos & townhomes within 1 mi · $3,271–$3,478
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,727/mo short at 20% down; 84% down or +$3,542/mo rent closes it.
- Break-even price
- $264,969
- Break-even rent
- $6,769/mo
- Cashflow at 35% down
- −$2,081/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
57% under asking
$3,542/mo above the estimate
$520,800 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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