2035 Lakeridge Circle #102
Atop 10%Chula Vista, CA 91913
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,076/mo full cashflow at 20% down, 7.43% rate.
Works at $239,672 (53% under asking), or at 79% 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
56
Property Type
Condo
HOA/mo
$503
MLS ID
PTP2606999
This property is in Chula Vista (91913). Browse neighborhood analytics →
About This Property
PRICE IMPROVEMENT – NOW OFFERED AT $509,900! SELLER WILLING TO ASSIST WITH BUYER CLOSING COSTS! One of the best values in Eastlake's desirable Camelot community! Beautifully remodeled, meticulously maintained, and offered by its original owner, this move-in-ready, single-level 2-bedroom, 2-bath condo offers 1,045 square feet of comfortable living space. Step inside to discover an inviting open floor plan featuring upgraded flooring, a beautifully remodeled kitchen with quartz countertops, newer appliances, generous cabinetry, and a seamless flow into the living and dining areas. Both bedrooms are spacious, complemented by two upgraded bathrooms, central A/C and heating, convenient in-unit laundry, ample storage, and a private patio perfect for relaxing. Enjoy the best of the Eastlake lifestyle with access to resort-style amenities, including the community lake, beach club, swimming pools, spa, scenic walking and biking trails, paddle boating, fishing, volleyball courts, playgrounds, and beautifully maintained parks. Just minutes from Trader Joe's, Sprouts, shopping, restaurants, and everyday conveniences, with easy access to SR-125. An exceptional opportunity to own an upgraded home in one of Eastlake's most established communities at an attractive new price! Seller is open to assisting with buyer closing costs with an acceptable offer. Don't miss your chance to tour this beautiful home.
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Est. Monthly Payment
$3,994
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
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
2011 Lakeridge Circle
2bd / 2ba · 1,045 sqft · Condo
$550K
Est. $3,044/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?
$2,076/mo short at 20% down; 79% down or +$2,696/mo rent closes it.
- Break-even price
- $239,672
- Break-even rent
- $5,740/mo
- Cashflow at 35% down
- −$1,545/mo
- Down payment to break even
- 79%
- Rate to break even
- Not reachable
53% under asking
$2,696/mo above the estimate
$402,821 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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