1858 Wedgewood Pl
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1858 Wedgewood Pl

Btop 30%

Chula Vista, CA 91913

$808,000
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: -$3,131/mo full cashflow at 20% down, 7.43% rate.

Works at $400,306 (50% under asking), or at 76% down.

Rent $4,288/mo from 9 leases of 3-bed houses within 2 mi ($4,166–$4,415).

Beds

3

Baths

3.5

Sqft

1,822

Year Built

2009

Days on Market

131

Property Type

Single Family

HOA/mo

$227

MLS ID

NDP2606250

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

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About This Property

Located in one of Otay Ranch’s most sought-after neighborhoods, this corner-lot single-family home offers three bedrooms, three and a half baths, paid-off solar, an attached two-car garage, plantation shutters, two patios, and abundant natural light. The spacious kitchen features granite countertops, white cabinetry, an island, and stainless-steel appliances, opening to both the dining area and a separate living room. Designed for entertaining and everyday comfort, the living room includes a gas fireplace and direct access to the wraparound porch. The ground-level suite offers private access to a gated courtyard with avocado and lemon trees, plus a second wraparound patio for added outdoor living. Enjoy a well-maintained community with a sparkling pool, spa/Jacuzzi, playground, gym, and lush tree-lined pathways. Nearby Otay Ranch Town Center offers convenient shopping and dining, while All Seasons Park is just steps away with 7.5 acres of open green space, scenic trails, basketball courts, a playground, gazebos, and picnic areas with barbecues. Centrally Located To Otay Ranch Top Rated Elementary, Middle, And High Schools. Amazing Opportunity To Purchase Your Own Slice Of Paradise! Don’t Miss Your Chance On This Must See Property!

Mortgage Calculator

Est. Monthly Payment

$5,759

Principal & Interest$4,489
Property Tax$808
Insurance$236
HOA$227
%($161,600)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Wolf Canyon Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Rancho del Rey Middle · grades 7-8 · Sweetwater Union High

  • High

    Olympian 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

43B
Est. Monthly Rent
$4,288

9 leases of 3-bed houses within 2 mi · $4,166–$4,415

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,472
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,131

What would make this work?

$3,131/mo short at 20% down; 76% down or +$4,067/mo rent closes it.

Break-even price

50% under asking

$400,306
Break-even rent

$4,067/mo above the estimate

$8,355/mo
Cashflow at 35% down
−$2,290/mo
Down payment to break even

$614,080 cash

76%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,489
Cap Rate
2.33%
Cash-on-Cash
-23.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.74

NOI (Annual)
$18,862
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−$3,131/mo