1890 Chambery Pl #2336
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1890 Chambery Pl #2336

Atop 10%

Chula Vista, CA 91913

$550,000
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: -$1,826/mo full cashflow at 20% down, 7.43% rate.

Works at $312,139 (43% under asking), or at 68% down.

Rent $3,516/mo from 10 leases of 3-bed condos & townhomes within 0.5 mi ($3,292–$3,486).

Beds

3

Baths

2

Sqft

1,315

Year Built

2007

Days on Market

105

Property Type

Condo

HOA/mo

$310

MLS ID

260018391SD

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

Virtual Tour

About This Property

Short Sale : Welcome to Unit 2336 at 1890 Chambery Pl, Otay Ranch, Chula Vista! Elevate your lifestyle in this stunning top-floor condominium featuring 3 spacious bedrooms and 2 stylish bathrooms, offering 1,315 sq ft of contemporary comfort. Step inside to an open layout with soaring vaulted ceilings that flood the space with natural light. The sleek laminate flooring in the common areas creates a fresh atmosphere, while plush new carpeting in the bedrooms provides a cozy retreat. The kitchen is a culinary enthusiast's dream, showcasing well-maintained travertine tiles, abundant cabinet space, and essential appliances, including a stove, refrigerator, dishwasher, and built-in microwave. A stackable washer/dryer combo is conveniently tucked away in a dedicated nook. The spacious master suite serves as a personal sanctuary, complete with a walk-in closet and a private bath. A cozy workspace within the suite is perfect for remote work. The second bedroom offers direct access to a well-appointed shared bathroom with tasteful finishes. Enjoy the benefits of a top-floor unit surrounded by lush trees that enhance privacy. Additional features include a private storage closet and a charming porch for relaxing moments. This vibrant HOA community offers access to a clubhouse, sparkling pool, and a fully equipped gym. With quick access to the 125 and 805 freeways, you’re just minutes from various restaurants, shopping centers, and the bustling Otay Ranch Town Center. Everything you need is right at your fingertips!

Mortgage Calculator

Est. Monthly Payment

$4,076

Principal & Interest$3,055
Property Tax$550
Insurance$160
HOA$310
%($110,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Veterans 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

65A
Est. Monthly Rent
$3,516

10 leases of 3-bed condos & townhomes within 0.5 mi · $3,292–$3,486

Blended 50/50 with the zip's market median ($3,651)

Monthly Cashflow

Rent − PITIA

-$559
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,826

What would make this work?

$1,826/mo short at 20% down; 68% down or +$2,372/mo rent closes it.

Break-even price

43% under asking

$312,139
Break-even rent

$2,372/mo above the estimate

$5,888/mo
Cashflow at 35% down
−$1,254/mo
Down payment to break even

$374,000 cash

68%
Rate to break even

at 20% down

0.04%

Mortgage (P+I)
$3,055
Cap Rate
3.06%
Cash-on-Cash
-19.93%
DSCR

Need ≥ 1.25 for DSCR loan

0.86

NOI (Annual)
$16,857
Price-to-Rent

Lower = better for investors

13.0

* 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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ACashflow−$1,826/mo