1925 Otay Lakes Road #19
Atop 10%Chula Vista, CA 91913
Pass at asking: -$139/mo full cashflow at 20% down, 7.43% rate.
Works at $221,022 (8% under asking), or at 29% down.
Rent $2,204/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,440
Year Built
1972
Days on Market
119
Property Type
Mfd/Mobile Home
HOA/mo
N/A
MLS ID
PTP2605313
This property is in Chula Vista (91913). Browse neighborhood analytics →
About This Property
55/45+ COMMUNITY<<<MOVE-IN READY>>> Welcome to one of the most desirable Mobile Home Parks in all of Chula Vista. Located right in the heart of Eastlake, tucked away in a premium hidden location, this 55+ Senior Park is exceptionally maintained, neighbor-friendly and only a few minutes to all shopping and dining. Enjoy Costco, Target, Trader Joes, Sprouts, Cheesecake Factory, iHOP and so much more, all within just a few miles! Secluded from all the "hustle and bustle", you'll enjoy tranquility while sipping your morning coffee out on your own covered porch and summer BBQs in your extra private backyard with no neighbors behind. The chirping birds, the lack of noise and the cleanliness of this park are only a few benefits you will enjoy while living in the community. This beautifully renovated home offers 2 bedrooms, 2 full bathrooms, a gourmet kitchen with custom wood cabinetry, vinyl plank flooring throughout, custom shutters, beautiful French door that leads to the carport and a separate laundry closet that fits a full-size washer and dryer and additional storage, too. Pull right into your own private carport large enough to park 5 cars. A storage shed is located outback for tools, bicycles, hobbies, gardening supplies or extra household items. Very low maintenance outdoor space includes a large side yard AND large backyard and the porch faces west and provides a great breeze. This home is walking distance to the pool and close to one of the guest parking lots so your visitors can park close by. Otay Lakes Lodge offers a sparkling swimming pool, a well-appointed clubhouse for events and gatherings, billiards room and is pet friendly, too. Don't miss your opportunity to purchase a MOVE-IN ready home in this desirable park
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Est. Monthly Payment
$1,636
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.
Comparable Properties
1 comp foundThis Property
$2,204
Comp Average
$2,204
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$139/mo short at 20% down; 29% down or +$180/mo rent closes it.
- Break-even price
- $221,022
- Break-even rent
- $2,384/mo
- Cashflow at 35% down
- +$110/mo
- Down payment to break even
- 29%
- Rate to break even
- 6.34%
8% under asking
$180/mo above the estimate
$69,310 cash
at 20% down
Lower = better for investors
* 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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