505 Avenida Centro #108
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505 Avenida Centro #108

Btop 30%

Chula Vista, CA 91910

$763,900
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: -$3,099/mo full cashflow at 20% down, 7.36% rate.

Works at $358,314 (53% under asking), or at 79% down.

Rent $3,953/mo from 10 leases of 2–4 bed condos & townhomes within 1 mi ($3,458–$3,712).

Beds

3

Baths

2.5

Sqft

1,776

Year Built

2026

Days on Market

46

Property Type

Condo

HOA/mo

$305

MLS ID

NDP2607727

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

Virtual Tour

About This Property

This stunning brand new 2-story townhome in the vibrant Citrus Bay community of Chula Vista offers a rare opportunity to own one of their most popular 3-bedroom floorplans. This home is an end-unit and features a spacious, fenced outdoor patio. There are 3 bedrooms, 2.5 modern bathrooms and 1,776 square feet of living space. When you walk in, you will see the spacious, open floorplan with living area, beautiful kitchen and large kitchen island, dining area that opens to the front patio, a private guest bathroom, storage closet and direct access to a 2-car garage. Upstairs you will find two secondary bedrooms, a full bathroom, laundry room and primary bedroom with a large primary bathroom boasting dual sinks, private W.C., a walk-in closet and large shower. The home has beautiful finishes throughout-including sleek white soft-close cabinetry, quartz countertops with full tile kitchen backsplash, 5-burner gas range, microwave hood, dishwasher, and built-in trash/recycle bin. You may select your flooring materials for a limited time. This home is under construction slated for completion this fall. The community is just 1 mile from the scenic bay and the luxurious Gaylord Pacific Resort, placing you in the heart of Chula Vista with walkable access to restaurants, the Chula Vista Center Mall, and more. Beyond the home itself, the community offers a beautiful sparkling pool, BBQ area and a future Citrus Bay park, perfect for downtime or playtime with family and friends.

Mortgage Calculator

Est. Monthly Payment

$5,506

Principal & Interest$4,215
Property Tax$764
Insurance$223
HOA$305
%($152,780)
%
Loan Term

Location

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Investment Score

40B
Est. Monthly Rent
$3,953

10 leases of 2–4 bed condos & townhomes within 1 mi · $3,458–$3,712

Blended 50/50 with a property-level estimate

A property-level estimate runs more than 25% above what comparable homes leased for ($3,510). Treat this rent with extra care.

Monthly Cashflow

Rent − PITIA

-$1,554
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,099

What would make this work?

$3,099/mo short at 20% down; 79% down or +$4,025/mo rent closes it.

Break-even price

53% under asking

$358,314
Break-even rent

$4,025/mo above the estimate

$7,978/mo
Cashflow at 35% down
−$2,309/mo
Down payment to break even

$603,481 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,215
Cap Rate
2.06%
Cash-on-Cash
-24.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$15,756
Price-to-Rent

Lower = better for investors

16.1

* 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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BCashflow−$3,099/mo