
808 Mateo St #2
Btop 30%Chula Vista, CA 91911
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,489/mo full cashflow at 20% down, 7.43% rate.
Works at $300,844 (52% under asking), or at 78% down.
Rent $3,618/mo from 8 leases of 3-bed condos & townhomes within 2 mi ($3,244–$3,486).
Beds
3
Baths
2.5
Sqft
1,320
Year Built
2024
Days on Market
49
Property Type
Townhouse
HOA/mo
$475
MLS ID
260023040SD
This property is in Chula Vista (91911). Browse neighborhood analytics →
About This Property
Welcome to this beautifully upgraded 3-bedroom, 2.5-bath townhome in the desirable Luna at Sunbow community. PRIME LOCATION! One of the standout features of this home is its private setting, with no homes directly in front and a peaceful pedestrian walkway just outside your front door creating an open, inviting feel that’s hard to find within the community and stands out from the newer construction options. Step inside to a bright, open-concept floor plan. The home features an upgraded flooring package throughout, white shaker cabinetry, beautiful Lyra quartz countertops, stainless steel appliances, a walk-in pantry, and a convenient downstairs powder room. Upstairs you’ll find all 3 bedrooms, including a spacious primary suite with an en-suite bath and walk-in closet, along with an upstairs laundry area. Enjoy SoCal living from your upgraded front patio featuring beautiful custom pavers. The attached 2-car garage includes an EV charger and the home is equipped with leased SOLAR, offering an additional energy-efficient feature. LOCATION IS EVERYTHING! Perfectly positioned across from Sunbow’s resort-style amenities, this home offers incredible convenience with the fitness center, swimming pool & spa, BBQ areas, basketball and pickleball courts, and children’s playground just steps away. The community also offers a clubhouse, parks and additional outdoor spaces. With modern finishes, beautiful upgrades, solar, added privacy, a prime community location, and an attractive new price, this home presents an outstanding opportunity to enjoy low-maintenance living in Chula Vista!
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Est. Monthly Payment
$4,754
Location
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Zoned Schools
Elementary
Valle Lindo Elementary · grades PK-6 · Chula Vista Elementary
Middle
Rancho del Rey Middle · grades 7-8 · Sweetwater Union High
High
Otay Ranch 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
5 comps foundThis Property
$3,618
Comp Average
$3,251
265 Rancho Dr
3bd / 1.5ba · 1,228 sqft · Townhouse
$530K
Est. $3,106/mo
300 Rancho Drive
3bd / 1ba · 1,274 sqft · Townhouse
$570K
Est. $3,154/mo
824 Makani Street
2bd / 2.5ba · 1,143 sqft · Townhouse
$620K
Est. $3,249/mo
766 Makani Street
3bd / 2.5ba · 1,320 sqft · Townhouse
$655K
Est. $3,618/mo
2013 Zirk Ave
2bd / 2.5ba · 1,331 sqft · Condo
$600K
Est. $3,127/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3-bed condos & townhomes within 2 mi · $3,244–$3,486
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,489/mo short at 20% down; 78% down or +$3,233/mo rent closes it.
- Break-even price
- $300,844
- Break-even rent
- $6,851/mo
- Cashflow at 35% down
- −$1,838/mo
- Down payment to break even
- 78%
- Rate to break even
- Not reachable
52% under asking
$3,233/mo above the estimate
$487,500 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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