575 E Street 1

575 E Street 1

Btop 30%

Chula Vista, CA 91910

$499,999
NEW — 1d
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: -$2,228/mo full cashflow at 20% down, 7.36% rate.

Works at $208,485 (58% under asking), or at 85% down.

Rent $2,524/mo from 8 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area ($2,247–$2,689).

Beds

2

Baths

2

Sqft

886

Year Built

1991

Days on Market

1

Property Type

Condo

HOA/mo

$350

MLS ID

PTP2608418

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

About This Property

Welcome to this beautifully maintained and thoughtfully upgraded 2-bedroom, 1.5-bathroom home offering 886 square feet of comfortable living space, built in 1991 and located within a gated community. This inviting property offers a wonderful combination of comfort, functionality, and valuable upgrades throughout. Upon entering, you'll appreciate the beautiful flooring throughout the home, featuring no carpet for a clean, cohesive look and easy maintenance. One of the standout features is the custom-made real wood shutters, representing an approximately $7,000 investment and adding timeless elegance, warmth, and character to the interior. The kitchen cabinets were freshly repainted in 2024, providing a refreshed appearance, and all appliances are included for added convenience. Enjoy the practicality of an in-unit laundry area and a convenient half bathroom downstairs, making everyday living even more functional. Step outside onto the private balcony, where wood-look tile flooring was installed in 2024, creating a welcoming space to enjoy your morning coffee or unwind at the end of the day. The home also features heating, along with individual air conditioning units in the bedrooms for additional comfort during warmer months. Parking is another great advantage, offering a one-car garage plus one additional parking space. Residents enjoy the added privacy and convenience of a gated community, along with a low monthly HOA of just $350. With its custom real wood shutters, refreshed cabinetry, upgraded balcony flooring, included appliances, in-unit laundry, no-carpet flooring throughout, and desirable parking accommodations, this property offers an excellent opportunity for buyers seeking comfort, convenience, and low-maintenance living. Don't miss the opportunity to make this charming and upgraded home your own!

Mortgage Calculator

Est. Monthly Payment

$3,754

Principal & Interest$2,759
Property Tax$500
Insurance$146
HOA$350
%($100,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Feaster (Mae L.) Charter · grades K-8 · Chula Vista Elementary

  • Middle

    Chula Vista Middle · grades 7-8 · Sweetwater Union High

  • High

    Chula Vista 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.

Investment Score

43B
Est. Monthly Rent
$2,524

8 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area · $2,247–$2,689

Blended 50/50 with the zip's market median ($2,510)

Monthly Cashflow

Rent − PITIA

-$1,231
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,228

What would make this work?

$2,228/mo short at 20% down; 85% down or +$2,893/mo rent closes it.

Break-even price

58% under asking

$208,485
Break-even rent

$2,893/mo above the estimate

$5,417/mo
Cashflow at 35% down
−$1,711/mo
Down payment to break even

$424,999 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,759
Cap Rate
1.58%
Cash-on-Cash
-26.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$7,884
Price-to-Rent

Lower = better for investors

16.5

* 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−$2,228/mo