468 Colorado Avenue #B
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468 Colorado Avenue #B

Btop 30%

Chula Vista, CA 91910

$449,999
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: -$1,909/mo full cashflow at 20% down, 7.43% rate.

Works at $201,334 (55% under asking), or at 82% down.

Rent $2,593/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi ($2,451–$2,775).

Beds

2

Baths

1.5

Sqft

1,024

Year Built

1964

Days on Market

148

Property Type

Condo

HOA/mo

$450

MLS ID

PTP2604601

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

Virtual Tour

About This Property

Welcome to 468 Colorado Ave Unit B, a centrally located townhome in the heart of Chula Vista! Offering 2 bedrooms, 1.5 bathrooms, and approximately 1,024 square feet of living space, this home combines comfort, convenience, and an unbeatable location. Recent updates include *new lighting fixtures throughout the living room and all bedrooms*, adding a fresh and modern touch to the interior. The functional floor plan features a spacious living area, a bright kitchen, and a convenient half bath downstairs, with both bedrooms and a full bath located upstairs. Whether you're relaxing at home or entertaining guests, this layout is designed for comfortable everyday living. Location is everything, and this home delivers. Situated just steps from the *J Street Trolley Station, commuting throughout San Diego County is a breeze. You'll also be located directly across from the new **Gaylord Pacific Resort & Convention Center*, one of the most exciting developments in South Bay, bringing world-class dining, entertainment, and future growth to the area. Conveniently located near shopping, restaurants, parks, schools, and major freeways, this property is ideal for first-time buyers, commuters, or investors looking to capitalize on one of Chula Vista's fastest-growing neighborhoods. Don't miss this opportunity to own a well-located home in the heart of it all! HOA fee $450 Trash & water included.

Mortgage Calculator

Est. Monthly Payment

$3,531

Principal & Interest$2,500
Property Tax$450
Insurance$131
HOA$450
%($90,000)
%
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.

Investment Score

50B
Est. Monthly Rent
$2,593

11 leases of 1–3 bed condos & townhomes within 1 mi · $2,451–$2,775

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$938
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,909

What would make this work?

$1,909/mo short at 20% down; 82% down or +$2,480/mo rent closes it.

Break-even price

55% under asking

$201,334
Break-even rent

$2,480/mo above the estimate

$5,073/mo
Cashflow at 35% down
−$1,441/mo
Down payment to break even

$368,999 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,500
Cap Rate
1.92%
Cash-on-Cash
-25.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$8,643
Price-to-Rent

Lower = better for investors

14.5

* 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−$1,909/mo