916 Avenida Neptuno #10

916 Avenida Neptuno #10

Btop 30%

Chula Vista, CA 91911

$724,310
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: -$3,000/mo full cashflow at 20% down, 7.43% rate.

Works at $333,771 (54% under asking), or at 80% down.

Rent $3,895/mo from 19 leases of condos & townhomes within 2 mi, size-adjusted ($3,475–$3,859).

Beds

4

Baths

3.5

Sqft

1,780

Year Built

2026

Days on Market

59

Property Type

Townhouse

HOA/mo

$436

MLS ID

NDP2608563

This property is in Chula Vista (91911). Browse neighborhood analytics →

About This Property

Anticipated end-of-year 2026 move-in! Discover the space and flexibility of Plan 4A at Costas by Shea Homes, a gated West Chula Vista community approximately one mile from the Chula Vista Bayfront. Located at 916 Avenida Neptuno #10, this beautifully designed three-story, new-construction condo offers approximately 1,780 sq. ft., 4 bedrooms, 3.5 baths and an attached 2-car garage. A convenient downstairs bedroom adds welcome versatility for overnight guests, a private office or a quiet retreat. The open-concept main living level is designed for easy everyday living and effortless entertaining. Crisp white flat-panel cabinetry gives the kitchen a fresh, contemporary feel, while upgraded New Taj quartz countertops bring warmth and sophistication to the kitchen perimeter, island and powder bath. Stainless steel KitchenAid appliances include an induction range, microwave, dishwasher and counter-depth refrigerator, creating a well-appointed space ready for everything from casual mornings to memorable gatherings. Thoughtful finishes continue throughout the home with brushed-nickel cabinet hardware, chrome fixtures and soft Alabaster interior paint. The primary bath features a clear-glass shower enclosure with tile extending to the ceiling, while both secondary baths showcase durable porcelain slab tub surrounds. A Whirlpool front-load washer and dryer with pedestals are also included for added convenience. Enjoy a relaxed coastal lifestyle near waterfront parks, the marina, scenic walking and biking paths, dining and the Gaylord Pacific Resort, with Silver Strand State Beach and other South Bay beaches within convenient driving distance. With four bedrooms, flexible living spaces and designer-selected upgrades, this inviting home offers a wonderful opportunity to experience the energy and convenience of the evolving Chula Vista Bayfront. Completion and move-in timing are subject to change.

Mortgage Calculator

Est. Monthly Payment

$5,395

Principal & Interest$4,024
Property Tax$724
Insurance$211
HOA$436
%($144,862)
%
Loan Term

Location

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Investment Score

40B
Est. Monthly Rent
$3,895

19 leases of condos & townhomes within 2 mi, size-adjusted · $3,475–$3,859

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,500
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,000

What would make this work?

$3,000/mo short at 20% down; 80% down or +$3,896/mo rent closes it.

Break-even price

54% under asking

$333,771
Break-even rent

$3,896/mo above the estimate

$7,791/mo
Cashflow at 35% down
−$2,245/mo
Down payment to break even

$579,448 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,024
Cap Rate
2.02%
Cash-on-Cash
-24.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$14,628
Price-to-Rent

Lower = better for investors

15.5

* 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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BCashflow−$3,000/mo