1524 Donze Avenue
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1524 Donze Avenue

Btop 30%

Chula Vista, CA 91913

$975,000
NEW — 0d
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: -$3,714/mo full cashflow at 20% down, 7.43% rate.

Works at $491,404 (50% under asking), or at 75% down.

Rent $5,018/mo from 28 leases of 4-bed houses within 2 mi ($4,556–$5,017).

Beds

4

Baths

3

Sqft

2,254

Year Built

2024

Days on Market

0

Property Type

Single Family

HOA/mo

$90

MLS ID

PTP2608211

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

About This Property

STUNNING UPGRADED HOME WITH PAID-OFF SOLAR IN THE DESIRABLE MONTECITO COMMUNITY OF OTAY RANCH! Welcome to 1524 Donze Avenue, where modern elegance meets comfort and convenience! Built in 2024, this beautifully upgraded two-story home offers 4 bedrooms, 3 full bathrooms, and 2,254 sq. ft. of living space, including a convenient downstairs bedroom and full bath. Enjoy gorgeous oversized 24" x 48" porcelain tile flooring throughout the first floor, beautiful wood flooring upstairs, designer lighting, elegant staircase pendants, contemporary black fixtures, and stylish finishes throughout. The inviting kitchen features modern appliances and sleek black accents. The luxurious primary suite also features a decorative accent wall, custom closet organizers, elegant window treatments, and a cozy electric fireplace. Additional highlights include a RainSoft water-softening and filtration system, a tankless water heater, fully paid-off solar panels, and a two-car garage with an EV charger! Step outside to a beautifully enhanced patio featuring an aluminum pergola, decorative concrete and pebble finishes, and a raised garden planter—perfect for entertaining, relaxing, and enjoying time outdoors with your family and pets. Nestled in the sought-after Montecity community of Otay Ranch, residents enjoy resort-style amenities, including a swimming pool, clubhouse, fitness room, barbecue areas, and inviting outdoor gathering spaces. This pet-friendly neighborhood is conveniently located near parks, schools, shopping, dining, and Otay Ranch Town Center. With exceptional upgrades, energy-saving features, and a prime location, this move-in-ready home truly has it all! Don't miss the opportunity to make it yours!

Mortgage Calculator

Est. Monthly Payment

$6,766

Principal & Interest$5,417
Property Tax$975
Insurance$284
HOA$90
%($195,000)
%
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.

Investment Score

38B
Est. Monthly Rent
$5,018

28 leases of 4-bed houses within 2 mi · $4,556–$5,017

Blended 50/50 with the zip's market median ($5,175)

Monthly Cashflow

Rent − PITIA

-$1,748
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,714

What would make this work?

$3,714/mo short at 20% down; 75% down or +$4,824/mo rent closes it.

Break-even price

50% under asking

$491,404
Break-even rent

$4,824/mo above the estimate

$9,842/mo
Cashflow at 35% down
−$2,699/mo
Down payment to break even

$731,250 cash

75%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,417
Cap Rate
2.40%
Cash-on-Cash
-22.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.74

NOI (Annual)
$23,439
Price-to-Rent

Lower = better for investors

16.2

* 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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BCashflow−$3,714/mo