511 Avenida Centro #101
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511 Avenida Centro #101

Ctop 80%

Chula Vista, CA 91910

$549,900
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: -$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 →

Virtual Tour

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.

Mortgage Calculator

Est. Monthly Payment

$4,027

Principal & Interest$3,055
Property Tax$550
Insurance$160
HOA$262
%($109,980)
%
Loan Term

Location

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Investment Score

34C
Est. Monthly Rent
$2,330

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)

Monthly Cashflow

Rent − PITIA

-$1,697
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,691

What would make this work?

$2,691/mo short at 20% down; 91% down or +$3,495/mo rent closes it.

Break-even price

64% under asking

$199,506
Break-even rent

$3,495/mo above the estimate

$5,825/mo
Cashflow at 35% down
−$2,118/mo
Down payment to break even

$500,409 cash

91%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,055
Cap Rate
1.05%
Cash-on-Cash
-29.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.58

NOI (Annual)
$5,765
Price-to-Rent

Lower = better for investors

19.7

* 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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CCashflow−$2,691/mo