1656 Calle De La Flor
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1656 Calle De La Flor

Btop 30%

Chula Vista, CA 91913

$810,000
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: -$2,982/mo full cashflow at 20% down, 7.43% rate.

Works at $421,702 (48% under asking), or at 74% down.

Rent $4,305/mo from 8 leases of 3–5 bed houses within 1 mi ($3,991–$4,323).

Beds

4

Baths

2.5

Sqft

1,694

Year Built

2012

Days on Market

90

Property Type

Single Family

HOA/mo

$76

MLS ID

260019704SD

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

Virtual Tour

About This Property

BACK ON THE MARKET- No fault of the property (buyer had funding issues). Beautiful detached single-family home on a desirable corner lot in the highly sought-after Avila community of Otay Ranch Village 2! This impeccably maintained home features a spacious kitchen with granite countertops, stainless steel appliances, and a new refrigerator and washer plus dryer, Nest thermostat, and Nest doorbell are all included. Newer wood laminate flooring extends throughout both levels, complemented by LED lighting and fresh interior paint. All bedrooms and the laundry room are conveniently located upstairs, with a private balcony off the front bedroom. The spacious primary suite offers a walk-in closet and an en-suite bath with separate tub and shower, accented by travertine flooring. Custom California Closets in the bedrooms and pantry provide exceptional organization and storage. Step outside to a beautifully designed backyard featuring a custom-built deck with shade sails and interlocking pavers- creating the perfect space for relaxing or entertaining. Additional upgrades include overhead garage storage, a new water heater, a 440V EV wall charger, and a ceiling fan in the primary and guest bedroom and living room. Residents enjoy access to the Otay Ranch HOA amenities, including a resort-style pool and spa, fitness center, BBQ area, and inviting outdoor patios. This move-in-ready home has been meticulously maintained, thoughtfully upgraded, and is truly a must-see! Broker and Broker's Agents do not represent or guarantee accuracy of the square footage, permitted or unpermitted space, bd/ba count, lot size/dimensions,schools, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all informationthrough personal inspection & w/ appropriate professionals to satisfy themselves.

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Est. Monthly Payment

$5,622

Principal & Interest$4,500
Property Tax$810
Insurance$236
HOA$76
%($162,000)
%
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

48B
Est. Monthly Rent
$4,305

8 leases of 3–5 bed houses within 1 mi · $3,991–$4,323

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,317
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,982

What would make this work?

$2,982/mo short at 20% down; 74% down or +$3,873/mo rent closes it.

Break-even price

48% under asking

$421,702
Break-even rent

$3,873/mo above the estimate

$8,178/mo
Cashflow at 35% down
−$2,138/mo
Down payment to break even

$599,400 cash

74%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,500
Cap Rate
2.57%
Cash-on-Cash
-22.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.77

NOI (Annual)
$20,797
Price-to-Rent

Lower = better for investors

15.7

* 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−$2,982/mo