2058 Quartet Loop #3
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2058 Quartet Loop #3

Btop 30%

Chula Vista, CA 91915

$794,900
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: -$3,129/mo full cashflow at 20% down, 7.43% rate.

Works at $387,474 (51% under asking), or at 77% down.

Rent $4,235/mo from 11 leases of 3-bed condos & townhomes within 0.5 mi ($3,937–$4,207).

Beds

3

Baths

2

Sqft

1,958

Year Built

2018

Days on Market

53

Property Type

Condo

HOA/mo

$285

MLS ID

PTP2607094

This property is in Chula Vista (91915). Browse neighborhood analytics →

Virtual Tour

About This Property

IN HOME private elevator flat! Experience elevator living in this impressive top-floor single story residence offering approximately 1,958 square feet of beautifully designed living space. Stunning high ceilings best to see in person! Built in 2018, this spacious home features two bedrooms plus a versatile flex room ideal as a third bedroom, home office, den or retreat, and two full baths. At the heart of the home is a gorgeous, light-filled kitchen designed for both everyday living and entertaining. An oversized center island with seating possible for six, takes center stage, complemented by quartz countertops, crisp white cabinetry and KitchenAid appliances. The kitchen flows seamlessly into the expansive living area, where a remote control fireplace adds style and character, plus electronic window shades in the living room provide effortless natural light. Luxury laminate flooring extends throughout the main living areas, while upgraded carpeting adds comfort to the stairway should you opt out of the elevator! Thoughtful finishes continue with an open handrail system, window roller shades in the secondary bedroom and classic plantation shutters in the primary suite. A dedicated private laundry room adds to everyday convenience. Walk to dozens of restaurants, coffee shops, grocery, or see a movie at Otay Ranch Mall just across the street. Step out to the private wrap balcony for dinner or drinks and take n the contemporary urban landscape of Millenia with its modern architecture. From the rear of the home capture distant mountain views framed by swaying community palm trees. Two car attached garage, resort style community pool, highly rated schools, parks, Toll 125, and Rapid Transit, at your finger tips. The urban lifestyle is calling, get your steps in!

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Est. Monthly Payment

$5,728

Principal & Interest$4,416
Property Tax$795
Insurance$232
HOA$285
%($158,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

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

  • Middle

    Eastlake 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

42B
Est. Monthly Rent
$4,235

11 leases of 3-bed condos & townhomes within 0.5 mi · $3,937–$4,207

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,493
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,129

What would make this work?

$3,129/mo short at 20% down; 77% down or +$4,064/mo rent closes it.

Break-even price

51% under asking

$387,474
Break-even rent

$4,064/mo above the estimate

$8,299/mo
Cashflow at 35% down
−$2,301/mo
Down payment to break even

$612,073 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,416
Cap Rate
2.26%
Cash-on-Cash
-23.62%
DSCR

Need ≥ 1.25 for DSCR loan

0.74

NOI (Annual)
$17,981
Price-to-Rent

Lower = better for investors

15.6

* 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−$3,129/mo