471 Fourth Avenue #B
Atop 10%Chula Vista, CA 91910
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$1,197/mo full cashflow at 20% down, 7.43% rate.
Works at $153,060 (50% under asking), or at 76% down.
Rent $2,396/mo from 8 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,393–$2,864).
Beds
2
Baths
1
Sqft
864
Year Built
1965
Days on Market
274
Property Type
Condo
HOA/mo
$669
MLS ID
PTP2601033
This property is in Chula Vista (91910). Browse neighborhood analytics →
About This Property
HUGE PRICE REDUCTION!!!!!! Charming single-story condominium located in the vibrant community of Chula Vista. It offers two spacious bedrooms and ample living space. The kitchen was recently updated with new appliances and countertops, and the bathroom was fully remodeled, with new flooring, fresh paint, and new energy-efficient dual-pane windows. This residence is in move-in-ready condition. It's located in the heart of Chula Vista, with easy access to local amenities, schools, and parks. This property is a strong investment, located across the street from Scripps Chula Vista and close to the bustling Downtown Area of Chula Vista, with a range of nearby amenities. Whether you're looking for a place to call home or an investment opportunity, 471 Fourth Avenue presents a promising option in a desirable neighborhood.
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Est. Monthly Payment
$2,785
Location
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Zoned Schools
Elementary
Vista Square Elementary · grades PK-6 · 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 foundThis Property
$2,396
Comp Average
$2,572
467 Woodlawn Avenue
2bd / 2ba · 1,024 sqft · Condo
$400K
Est. $2,594/mo
378 Vance Street
2bd / 2ba · 892 sqft · Condo
$449K
Est. $2,524/mo
468 Colorado Avenue
2bd / 1.5ba · 1,024 sqft · Condo
$450K
Est. $2,593/mo
617 Third Ave
2bd / 2ba · 963 sqft · Condo
$450K
Est. $2,601/mo
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
8 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,393–$2,864
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,197/mo short at 20% down; 76% down or +$1,555/mo rent closes it.
- Break-even price
- $153,060
- Break-even rent
- $3,951/mo
- Cashflow at 35% down
- −$875/mo
- Down payment to break even
- 76%
- Rate to break even
- Not reachable
50% under asking
$1,555/mo above the estimate
$234,840 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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