2369 Paseo Los Gatos
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2369 Paseo Los Gatos

Ctop 80%

Chula Vista, CA 91914

$1,229,000
NEW — 1d
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: -$5,347/mo full cashflow at 20% down, 7.36% rate.

Works at $529,350 (57% under asking), or at 84% down.

Rent $5,526/mo from 8 leases of 4-bed houses within 2 mi ($5,308–$5,905).

Beds

4

Baths

3

Sqft

2,790

Year Built

2004

Days on Market

1

Property Type

Single Family

HOA/mo

$210

MLS ID

260026851SD

This property is in Chula Vista (91914). Browse neighborhood analytics →

About This Property

Four bedrooms plus a loft, three full baths and 2,790 square feet on a 7,022 square foot lot, with open space and no home directly behind. Much of the work has already been done. The bamboo flooring and cabinetry have been refinished, the interior has been freshly painted in neutral colors, the HVAC has been serviced and termite clearance has been completed. The kitchen features granite countertops, a six burner gas cooktop, double ovens, stainless steel appliances and plenty of cabinet space. The main level feels open while still offering defined living and dining areas. Upstairs, the loft provides flexible space for an office, playroom or media room, with the potential to become a fifth bedroom. The primary suite includes a walk-in closet, dual vanities, a soaking tub and separate shower. A three car garage provides plenty of room for parking and storage. The backyard offers mature landscaping, a lawn and covered patio, with a hillside behind the property instead of another home. San Miguel Ranch residents enjoy a community pool, clubhouse, fitness center and tennis courts. Mount San Miguel Park is nearby with a dog park, baseball fields, basketball courts and play areas. The Shops at San Miguel Ranch, Starbucks, Pizzo’s, Trader Joe’s, Sprouts and SR 125 are all just minutes away.

Mortgage Calculator

Est. Monthly Payment

$8,578

Principal & Interest$6,781
Property Tax$1,229
Insurance$358
HOA$210
%($245,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Liberty 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.

Investment Score

17C
Est. Monthly Rent
$5,526

8 leases of 4-bed houses within 2 mi · $5,308–$5,905

Blended 50/50 with the zip's market median ($5,516)

Monthly Cashflow

Rent − PITIA

-$3,052
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,347

What would make this work?

$5,347/mo short at 20% down; 84% down or +$6,944/mo rent closes it.

Break-even price

57% under asking

$529,350
Break-even rent

$6,944/mo above the estimate

$12,470/mo
Cashflow at 35% down
−$4,075/mo
Down payment to break even

$1,032,360 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,781
Cap Rate
1.67%
Cash-on-Cash
-26.10%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$20,522
Price-to-Rent

Lower = better for investors

18.5

* Modelled at 20% down, 7.36% 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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CCashflow−$5,347/mo