
511 Avenida Centro #101
Ctop 80%Chula Vista, CA 91910
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,691/mo full cashflow at 20% down, 7.43% rate.
Works at $199,506 (64% under asking), or at 91% down.
Rent $2,330/mo from 9 leases of studio–2 bed condos & townhomes within 1 mi ($2,710–$2,821).
Beds
1
Baths
1.5
Sqft
1,102
Year Built
2026
Days on Market
114
Property Type
Condo
HOA/mo
$262
MLS ID
NDP2606871
This property is in Chula Vista (91910). Browse neighborhood analytics →
About This Property
Brand-new construction, this charming home is ready for you! Welcome to Citrus Bay at the Towns, Plan 1. This 1-bedroom home is surprisingly spacious, and lives like a single-level home, featuring an open floorplan. Step out of the living room to your large, covered deck and enjoy the fresh coastal breeze! The spacious Primary bedroom opens to a large bathroom with double vanity and a huge walk-in-closet! Nestled in the heart of Chula Vista, just 1 mile from the bay, this stylish 1-bedroom, 1.5-bathroom home offers the perfect combination of comfort and sophistication. The kitchen is a true centerpiece, featuring elegant white shaker cabinets, a full backsplash, and sleek Euro Quartz countertops equipped with high-end Whirlpool appliances, including a 5-burner gas stove, dishwasher, microwave, and a stainless-steel double-bowl sink. Enjoy the convenience of an attached garage and exclusive access to a private pool and outdoor kitchen area, adding a touch of luxury to everyday living. Whether you're a first-time homeowner or looking for a low-maintenance, contemporary retreat, this home promises an exceptional lifestyle near the water. Photos and videos are for representational purposes only.
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Est. Monthly Payment
$4,027
Location
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Comparable Properties
5 comps foundThis Property
$2,330
Comp Average
$2,729
467 Woodlawn Avenue
2bd / 2ba · 1,024 sqft · Condo
$400K
Est. $2,594/mo
465 Fourth Avenue
2bd / 2ba · 1,047 sqft · Condo
$485K
Est. $2,700/mo
468 Colorado Avenue
2bd / 1.5ba · 1,024 sqft · Condo
$450K
Est. $2,593/mo
453 E St
2bd / 2.5ba · 1,040 sqft · Condo
$569K
Est. $2,685/mo
1386 Serena Circle
2bd / 2ba · 1,043 sqft · Condo
$575K
Est. $3,072/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of studio–2 bed condos & townhomes within 1 mi · $2,710–$2,821
Blended 50/50 with the zip's market median ($1,900)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,691/mo short at 20% down; 91% down or +$3,495/mo rent closes it.
- Break-even price
- $199,506
- Break-even rent
- $5,825/mo
- Cashflow at 35% down
- −$2,118/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
64% under asking
$3,495/mo above the estimate
$500,409 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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