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467 Woodlawn Avenue #C
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467 Woodlawn Avenue #C

Atop 10%

Chula Vista, CA 91910

$399,999
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: -$1,525/mo full cashflow at 20% down, 7.43% rate.

Works at $201,439 (50% under asking), or at 75% down.

Rent $2,594/mo from 14 leases of 1–3 bed condos & townhomes within 1 mi ($2,626–$2,843).

Beds

2

Baths

2

Sqft

1,024

Year Built

1964

Days on Market

132

Property Type

Condo

HOA/mo

$450

MLS ID

PTP2604961

This property is in Chula Vista (91910). Browse neighborhood analytics →

Virtual Tour

About This Property

4.6% ASSUMABLE RATE. LOW HOA. Rare opportunity! This turnkey 2-bedroom, 2-bath, two-story condo offers updated flooring, a private backyard/patio, assigned parking directly in front of the home, and low HOA dues. Plus, take advantage of an assumable mortgage at just 4.6% (subject to lender approval)—a standout feature in today's market. Enjoy a low HOA of $450 that includes your water & trash! Conveniently located near major freeways, shopping, restaurants, and public transportation, this home is ready for its next owner.

Mortgage Calculator

Est. Monthly Payment

$3,189

Principal & Interest$2,222
Property Tax$400
Insurance$117
HOA$450
%($80,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Mueller Charter (Robert L.) · grades PK-12 · Chula Vista Elementary

  • Middle

    Chula Vista Middle · grades 7-8 · Sweetwater Union High

  • High

    Chula 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

5 comps found

This Property

$2,594

vs

Comp Average

$2,626

465 Fourth Avenue

465 Fourth Avenue

2bd / 2ba · 1,047 sqft · Condo

$485K

Est. $2,700/mo

468 Colorado Avenue

468 Colorado Avenue

2bd / 1.5ba · 1,024 sqft · Condo

$450K

Est. $2,593/mo

453 E St

453 E St

2bd / 2.5ba · 1,040 sqft · Condo

$569K

Est. $2,685/mo

617 Third Ave

617 Third Ave

2bd / 2ba · 963 sqft · Condo

$450K

Est. $2,601/mo

573 Park Way

573 Park Way

2bd / 2ba · 980 sqft · Condo

$475K

Est. $2,550/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

61A
Est. Monthly Rent
$2,594

14 leases of 1–3 bed condos & townhomes within 1 mi · $2,626–$2,843

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$595
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,525

What would make this work?

$1,525/mo short at 20% down; 75% down or +$1,981/mo rent closes it.

Break-even price

50% under asking

$201,439
Break-even rent

$1,981/mo above the estimate

$4,575/mo
Cashflow at 35% down
−$1,108/mo
Down payment to break even

$299,999 cash

75%
Rate to break even

Negative even at a 0% loan

Not reachable
Mortgage (P+I)
$2,222
Cap Rate
2.48%
Cash-on-Cash
-22.88%
DSCR

Need ≥ 1.25 for DSCR loan

0.81
NOI (Annual)
$9,921
Price-to-Rent

Lower = better for investors

12.9

* 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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ACashflow−$1,525/mo