521 Orange Ave #128
Atop 10%Chula Vista, CA 91911
Pass at asking: -$528/mo full cashflow at 20% down, 7.43% rate.
Works at $221,162 (24% under asking), or at 47% down.
Rent $2,343/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,080
Year Built
1970
Days on Market
105
Property Type
Manufactured
HOA/mo
$105
MLS ID
PTP2605667
This property is in Chula Vista (91911). Browse neighborhood analytics →
About This Property
SENIOR COMMUNITY ~ $105 Monthly HOA. THE VALUE IS ON THE LAND. 2 bed, 2 bath, 1080sf. This is the perfect spot to replace the existing home with a BRAND NEW manufactured home. This home will be sold as a fixer upper and as is. Laminate flooring, large living room with large windows to let the sunlight in. Dining room right off the kitchen. Kitchen with wood cabinets and granite counter tops; stove top, oven, dishwasher and refrigerator are included with sale. There is a walk-in tub in guest bathroom. Full size shower in main bathroom. Walk-in closets in both bedrooms. Carpet in main bedroom, laminate flooring everywhere else. Orange Tree is a gated senior community near Palomar and Orange in Chula Vista. Great dining and shopping are just a few minutes away. Feel the ocean breeze! Enjoy one of the 2 swimming pools, or hang out at the clubhouse. This resident owned community is one of the best senior communities in San Diego.
Mortgage Calculator
Est. Monthly Payment
$2,090
Location
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Zoned Schools
Elementary
Montgomery (John J.) Elementary · grades PK-6 · Chula Vista Elementary
Middle
Castle Park Middle · grades 7-8 · Sweetwater Union High
High
Castle Park 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
2 comps foundThis Property
$2,343
Comp Average
$2,596
121 Orange Avenue
3bd / 2ba · 1,027 sqft · Mfd/Mobile Home
$200K
Est. $2,849/mo
445 Orange Avenue
2bd / 2ba · 1,344 sqft · Manufactured
$264K
Est. $2,343/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$528/mo short at 20% down; 47% down or +$686/mo rent closes it.
- Break-even price
- $221,162
- Break-even rent
- $3,029/mo
- Cashflow at 35% down
- −$226/mo
- Down payment to break even
- 47%
- Rate to break even
- 3.81%
24% under asking
$686/mo above the estimate
$136,253 cash
at 20% down
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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