2011 Lakeridge Circle #304
Btop 30%Chula Vista, CA 91913
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,383/mo full cashflow at 20% down, 7.43% rate.
Works at $239,672 (56% under asking), or at 83% down.
Rent $3,044/mo from 12 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area ($3,115–$3,304).
Beds
2
Baths
2
Sqft
1,045
Year Built
1988
Days on Market
256
Property Type
Condo
HOA/mo
$503
MLS ID
PTP2601527
This property is in Chula Vista (91913). Browse neighborhood analytics →
About This Property
Nice UPPER level unit... The property feature two bedroom and two bath condo with a nice VIEW! Walk to private lake, 5 pools, 2 tennis courts. The unit has a stackable washer/dryer, and close to shopping, parks, schools and more.
Mortgage Calculator
Est. Monthly Payment
$4,269
Location
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Zoned Schools
Elementary
EastLake Elementary · grades K-6 · Chula Vista Elementary
Middle
Eastlake Middle · grades 7-8 · Sweetwater Union High
High
Eastlake 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
5 comps foundThis Property
$3,044
Comp Average
$2,974
2063 Lakeridge
2bd / 2ba · 1,045 sqft · Condo
$479K
Est. $3,032/mo
2035 Lakeridge Circle
2bd / 2ba · 1,045 sqft · Condo
$510K
Est. $3,044/mo
1298 Fools Gold
2bd / 2ba · 1,071 sqft · Condo
$549K
Est. $2,959/mo
2055 Lakeridge
2bd / 2ba · 1,045 sqft · Condo
$510K
Est. $2,907/mo
1333 Burgundy Drive
2bd / 2ba · 1,060 sqft · Condo
$600K
Est. $2,929/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area · $3,115–$3,304
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,383/mo short at 20% down; 83% down or +$3,095/mo rent closes it.
- Break-even price
- $239,672
- Break-even rent
- $6,139/mo
- Cashflow at 35% down
- −$1,810/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$3,095/mo above the estimate
$456,500 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
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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