708 H St #3 · Chula Vista, CA 91910

$49,900

1 bd · 1.0 ba · 400 sqft · Manufactured · 55 Days on market

Built 1959 Fair condition 1,200 sqft lot Est $85k · 41% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.9/10.0
• Livability +3.8/5.0
• Rent growth +3.1/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Resort Style Living in this 55+ Senior Community! Gated, Close to public transportation and Retail. Amazing ocean bay breeze!

Key facts

• Laundry facilities
• Shed
• Clubhouse

Tags

• CARPORT
• PATIO
• SHED
• LAUNDRY FACILITIES
• CLUBHOUSE
• SWIMMING POOL

Property features AI

Finance

• Other: Lot size source: estimated
• Financial info: Land lease: $1,500 per month
• HOA & community: Senior community; Urban community setting

Exterior

• Parking: 1 parking space; 1 carport space; Located in Bayview Mobile Home Park
• Utilities: Public sewer
• Home design: Mobile home (10' x 40'); Single-story
• Construction: Mobile home remains
• Exterior features: Community pool; One shed on property; Lot estimated at 0-1 unit/acre

Interior

• Bathrooms: 1 full bathroom
• Interior features: Front entry; Single-level living; Bonus room
• Laundry & utility: Laundry area on-site

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $50k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $50k).
• Recommended offer: $48k (3.0% below list) — sets the bar for market timing.
• Cap rate 31.8% vs local median 2.7% in Chula Vista — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#127 in CA, #4,345 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: health & safety C-, cost of living F.
• Sweetwater Union High (suburban): math 36% / reading 52% proficiency, ranked #187 of 517 in CA (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.4%/yr); 128 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 11,759 units permitted in San Diego County in 2024 (7,244 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $345 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• San Diego County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.4% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $5k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $14k; list at $50k implies a 244% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $48,403 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 3.56% ✓
• Cap rate: 31.75%
• Cash-on-cash: 90.92%
• DSCR: 5.05
• GRM: 2.3

CMA / ARV

• ARV (on-the-fly): $85,200
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
708 H St #35	0.00mi	1/1.0	400 (0%)	4mo	$108,000	$270	96
708 H St #69	0.00mi	1/1.0	399 (-0%)	5mo	$50,000	$125	96
708 H St #31	0.00mi	2/1.0 (+1)	400 (0%)	2mo	$85,000	$213	93
708 H St #7	0.00mi	1/1.0	420 (+5%)	5mo	$43,000	$102	87
708 H St #25	0.00mi	1/1.0	350 (-12%)	4mo	$129,000	$369	75
731 G St Spc D26	0.45mi	1/1.0	432 (+8%)	13mo	$90,000	$208	55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.44% rent growth · sell at horizon

5-year hold

• IRR: 91.0%
• Equity multiple: 5.18×
• Total profit: $58,371
• Equity at exit: $7,440

10-year hold

• IRR: 93.8%
• Equity multiple: 10.57×
• Total profit: $133,719
• Equity at exit: $4,314

Cash invested: $13,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 91910

• Rents YoY: 2.4%
• Active inventory: 128
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,777 high
• Mortgage (P&I): −$262
• Tax est. 1.5%: −$62 /mo · $748/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $1,059

Break-even live

Break-even rent $437

Max offer price $49,900

Occupancy floor 35%

Sensitivity live

Price	-10% $1,093	-5% $1,076	+0% $1,059	+5% $1,041	+10% $1,024
Rent	-10% $918	-5% $988	+0% $1,059	+5% $1,129	+10% $1,199
Rate	-1.0pp $1,084	-0.5pp $1,071	base $1,059	+0.5pp $1,046	+1.0pp $1,033

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
710 E St Unit 58 Chula Vista, CA	—	1.0	282	$1,495	$5.30	20d	1	0.80mi
710 E St Unit 45 Chula Vista, CA	—	1.0	282	$1,445	$5.12	20d	1	0.81mi
710 E St Apt 7 Chula Vista, CA	1.0	1.0	315	$1,595	$5.06	2d	1	0.81mi
634 Second Ave Chula Vista, CA	1.0	1.0	350	$1,950	$5.57	8d	1	1.32mi
245 Church Ave Chula Vista, CA	—	1.0	357	$1,895	$5.31	12d	1	1.37mi

Listing history 18 events

1. 2026-06-19
   status $49,900 Active 55 DOM
2. 2026-06-15
   status $49,900 Pending Sale 55 DOM
3. 2026-06-15
   days on market $49,900 Active 55 DOM
4. 2026-06-13
   days on market $49,900 Active 53 DOM
5. 2026-06-13
   days on market $49,900 Active 52 DOM
6. 2026-06-09
   days on market $49,900 Active 49 DOM
7. 2026-06-08
   days on market $49,900 Active 48 DOM
8. 2026-06-07
   days on market $49,900 Active 47 DOM
9. 2026-06-04
   days on market $49,900 Active 44 DOM
10. 2026-06-03
    days on market $49,900 Active 43 DOM
11. 2026-06-02
    days on market $49,900 Active 42 DOM
12. 2026-06-01
    days on market $49,900 Active 41 DOM
13. 2026-05-31
    days on market $49,900 Active 40 DOM
14. 2026-04-21
    listed $54,900 Active
15. 2023-10-21
    soldstatus $14,500 Closed Sale 125-char remark

    Show marketing remark (125 chars)

    Resort Style Living in this 55+ Senior Community! Gated, Close to public transportation and Retail. Amazing ocean bay breeze!

16. 2023-09-21
    status Pending Sale 125-char remark

    Show marketing remark (125 chars)

    Resort Style Living in this 55+ Senior Community! Gated, Close to public transportation and Retail. Amazing ocean bay breeze!

17. 2023-08-12
    price $20,000 125-char remark

    Show marketing remark (125 chars)

    Resort Style Living in this 55+ Senior Community! Gated, Close to public transportation and Retail. Amazing ocean bay breeze!

18. 2023-07-24
    listed $30,000 Active 125-char remark

    Show marketing remark (125 chars)

    Resort Style Living in this 55+ Senior Community! Gated, Close to public transportation and Retail. Amazing ocean bay breeze!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥87°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,319
• − Mortgage interest: −$2,795
• − Property taxes: −$748
• − Insurance: −$250
• − Repairs & maintenance: −$1,706
• − Management: −$1,706
• − Depreciation: −$1,452
• Taxable income: $12,663
• Est. tax owed @ 24.0%: −$3,039
• After-tax cash flow: $9,665/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate repairs and updates to its kitchen and bathroom, as well as exterior paint and flooring. With these improvements, it could significantly increase its resale and rental value.

Repairs flagged

• Moderate kitchen cabinets — dated and worn
• Moderate kitchen appliances — dated and worn
• Moderate bathroom vanity — dated and worn
• Minor exterior paint — slight wear

Value-add opportunities

• Both update kitchen cabinets and appliances — modernizing kitchen would appeal to both buyers and renters
• Both update bathroom vanity and fixtures — modernizing bathroom would appeal to both buyers and renters
• Both paint interior walls — fresh paint would improve curb appeal and interior aesthetics
• Both replace carpet with hardwood or tile — new flooring would improve both resale and rental value
• Both repair and paint exterior — improved exterior would enhance curb appeal and attract more buyers

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated and worn	Moderate	$3,000–15,000
kitchen appliances · dated and worn	Moderate	$3,000–15,000
bathroom vanity · dated and worn	Moderate	$3,000–15,000
exterior paint · slight wear	Minor	$500–3,000
Total estimated repair cost · 4 items		$9,500–48,000

Value-add ROI direction

• Both update kitchen cabinets and appliances — modernizing kitchen would appeal to both buyers and renters ↑
• Both update bathroom vanity and fixtures — modernizing bathroom would appeal to both buyers and renters ↑
• Both paint interior walls — fresh paint would improve curb appeal and interior aesthetics ↑
• Both replace carpet with hardwood or tile — new flooring would improve both resale and rental value ↑
• Both repair and paint exterior — improved exterior would enhance curb appeal and attract more buyers ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Sweetwater Union High
• NCES district ID: 0638640
• Math proficiency: 36% ▲ 3.00%
• Reading proficiency: 52% ▼ -2.00%
• Median HH income: $59,051
• Composite: 38.61/100
• National rank: #4158
• State rank: #187 of 517 in CA

Livability — Chula Vista

• Score: 75/100
• State rank: #127
• US rank: #4345

Category grades

Amenities A+ Commute A+ Cost of living F Crime C Employment A+ Housing B+ Health & safety C- User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chula Vista, CA
• County: San Diego County · 3,178,799 people
• City population: 255,708
• Metro: San Diego-Chula Vista-Carlsbad, CA
• Population (ZIP): 77,123
• Household income: $90,222
• Rent vs Own: 50.0% rent · 50.0% own
• Severe rent burden: 4172.0

Population outlook (San Diego County) Hauer SSP2

• Today (2025): 3,678,185 people
• By 2030: 3,856,546 · +4.8%
• By 2040: 4,171,407 · +13.4%
• By 2050: 4,421,607 · +20.2%
• By 2075: 4,831,599 · +31.4%
• By 2100: 4,832,502 · +31.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (64%)
• Race & ethnicity: Hispanic / Latino 64% Two or more races 29% White 19% Asian 10% Black 4% Native American 1%
• Hispanic origin (detail): Mexican 60%
• Common ancestry: Lithuanian 1% Italian 1% Romanian 1%
• Foreign-born: 29% · Canada, South Korea, Vietnam
• Languages at home: 43% English-only · Spanish 49% Tagalog/Filipino 4% Other Asian/Pacific 1%

Political lean MEDSL · San Diego

• 2024 margin: D (+16.8) · D 56.9% · R 40.1% · Other 2.9%
• 2008→2024 swing: +6.6pp toward D · 2008: 10.2pp · 2024: 16.8pp
• All cycles: 2024: D+16.8 2020: D+22.8 2016: D+17.8 2012: D+5.1 2008: D+10.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -673.82%
• Current HPI: 357.1172
• Rent YoY: ▲ 2.44%
• Metro: San Diego-Chula Vista-Carlsbad, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+83.0% since first listed

5 events — show timeline

• 2026-04-21 Listed $54,900 CRMLS
• 2023-10-21 Sold (MLS) $14,500 CRMLS
• 2023-09-21 Pending — CRMLS
• 2023-08-12 Price Changed $20,000 CRMLS
• 2023-07-24 Listed $30,000 CRMLS