1792 Elmhurst Street
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1792 Elmhurst Street

Btop 30%

Chula Vista, CA 91913

$879,900

Pass at asking: -$3,463/mo full cashflow at 20% down, 7.43% rate.

Works at $429,112 (51% under asking), or at 77% down.

Rent $4,280/mo from 13 leases of 3–5 bed houses within 1 mi ($3,653–$3,861).

Beds

4

Baths

2

Sqft

1,416

Year Built

1971

Days on Market

68

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2606700

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

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About This Property

Rare Gem in College Estates! Original Owner, Single-Story Corner Lot with No HOA or Mello-Roos! First time on the market, this well maintained, single-story home in the highly established East Chula Vista community of College Estates is available on the market! This property sits beautifully on an expansive corner lot, offering privacy, endless outdoor possibilities, and the rare freedom of NO HOA and NO Mello-Roos fees. Step inside this excellent, highly functional floor plan designed for effortless everyday living. The home features a spacious living room, separate kitchen and dining combination making it the perfect hub for family gatherings. This home features 4 bedrooms, 2 full bathrooms, and an attached 2-car garage. In 2021 this home has been updated with major capital improvements: Brand new roof, energy-efficient windows, a new furnace, whole-house fan, a new garage door, laminate flooring, fresh exterior paint, and a custom patio cover. Recent refreshes: Brand new interior paint and the popcorn ceilings have been professionally removed for a clean, modern aesthetic! Extend your living space outdoors under the beautiful, covered patio right off the kitchen and dining area—ideal for year-round al fresco dining. The massive yard is a blank canvas ready for a pool, an ADU, or your dream garden. Unbeatable location! Conveniently located just minutes from top-rated schools, Southwestern College, local parks, premier shopping, dining, and everything vibrant East Chula Vista has to offer. This is a must-see home that won’t last long!

Mortgage Calculator

Est. Monthly Payment

$6,025

Principal & Interest$4,888
Property Tax$880
Insurance$257
%($175,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Tiffany (Burton C.) 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.

Investment Score

39B
Est. Monthly Rent
$4,280

13 leases of 3–5 bed houses within 1 mi · $3,653–$3,861

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,745
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,463

What would make this work?

$3,463/mo short at 20% down; 77% down or +$4,497/mo rent closes it.

Break-even price

51% under asking

$429,112
Break-even rent

$4,497/mo above the estimate

$8,777/mo
Cashflow at 35% down
−$2,546/mo
Down payment to break even

$677,523 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,888
Cap Rate
2.24%
Cash-on-Cash
-23.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$19,673
Price-to-Rent

Lower = better for investors

17.1

* 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−$3,463/mo