507 Avenida Centro #104
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507 Avenida Centro #104

Btop 30%

Chula Vista, CA 91910

$755,900
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: -$3,118/mo full cashflow at 20% down, 7.43% rate.

Works at $349,833 (54% under asking), or at 80% down.

Rent $3,879/mo from 10 leases of 2–4 bed condos & townhomes within 1 mi ($3,379–$3,627).

Beds

3

Baths

2.5

Sqft

1,696

Year Built

2026

Days on Market

110

Property Type

Condo

HOA/mo

$300

MLS ID

NDP2606987

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

Virtual Tour

About This Property

This stunning new 2-story townhome in the vibrant Citrus Bay community of Chula Vista is packed with style! It features 3 bedrooms, 2.5 modern bathrooms and 1,696 square feet of living space. Enjoy a private patio with vinyl fencing and a gate, perfect for outdoor entertaining. When you walk in, you will see the spacious, open floorplan with large kitchen island open to the living area. Beyond the kitchen you'll find the pantry, coat closet with ample storage space and half-bath for guests. The two secondary bedrooms upstairs are separated from the primary bedroom by a spacious laundry room featuring a laundry sink and linen storage across the hallway. There's a deck off of the primary bedroom offering a great little spot to relax. 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 & built-in trash/recycle bin. The entire first floor features beautifully upgraded luxury vinyl plank flooring, with upgraded carpet in the upstairs bedrooms & ceramic tile in the upstairs bathrooms & laundry room. The attached 2-car garage has some extra space for storage. Just 1 mile from the scenic bay and near the Luxurious Gaylord Pacific Resort, this home places 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. New construction just completed! Professionally decorated model home represented in the photos.

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Est. Monthly Payment

$5,476

Principal & Interest$4,199
Property Tax$756
Insurance$220
HOA$300
%($151,180)
%
Loan Term

Location

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Investment Score

39B
Est. Monthly Rent
$3,879

10 leases of 2–4 bed condos & townhomes within 1 mi · $3,379–$3,627

Blended 50/50 with a property-level estimate

A property-level estimate runs more than 25% above what comparable homes leased for ($3,430). Treat this rent with extra care.

Monthly Cashflow

Rent − PITIA

-$1,596
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,118

What would make this work?

$3,118/mo short at 20% down; 80% down or +$4,050/mo rent closes it.

Break-even price

54% under asking

$349,833
Break-even rent

$4,050/mo above the estimate

$7,929/mo
Cashflow at 35% down
−$2,331/mo
Down payment to break even

$604,720 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,199
Cap Rate
2.02%
Cash-on-Cash
-24.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$15,300
Price-to-Rent

Lower = better for investors

16.2

* 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−$3,118/mo