1925 Otay Lakes Rd #78 · Chula Vista, CA 91913

$255,000

2 bd · 2.0 ba · 960 sqft · Manufactured public records · 7 Days on market

Built 2010 Est $180k · 41% over

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Why this score? — see what drove the C+ 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
• DSCR +10.0/10.0
• 1% rule +7.4/10.0
• Schools +3.9/10.0
• Livability +3.8/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

This well-kept Skyline home, with an open layout, offers the comfort of 2-bedrooms and 2 bathrooms. Its other features include a refrigerator, microwave, & dishwasher in the kitchen, a laundry room with washer and dryer hookups, and even a covered carport. With a spacious living area, private primary suite, and plenty of natural light, this move-in ready home offers comfortable, low-maintenance living. * The above information including square footage is based on data received from the seller and/or from public sources. This information is deemed reliable but has not been independently verified and cannot be guaranteed. Prospective buyers are advised to verify information to their own s

Key facts

• 2 parking spots
• Community pool
• Built 2010

Property features AI

Finance

• HOA & community: Located in a senior community (Otay Lakes Lodge)

Exterior

• Parking: 2 parking spaces
• Utilities: Public water; Public sewer
• Home design: Manufactured home; Single-story
• Construction: Cement siding; Composition roof
• Exterior features: Chain link fencing; Community pool

Interior

• Kitchen: Includes dishwasher, disposal, microwave, refrigerator
• Bedrooms: 2 possible bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air; Forced air heating; Natural gas heating
• Interior features: Dishwasher, Disposal, Microwave, Refrigerator
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $255k.

Deal economics

• At list price, monthly cash flow is $975 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $255k).
• Cap rate 10.9% 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 flat; 171 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 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 $2k of loan paydown is wiped out by about $8k 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 + 0.9% rent growth), your $71k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $255,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.24% ✓
• Cap rate: 10.88%
• Cash-on-cash: 16.38%
• DSCR: 1.73
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $180,480
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1925 OTAY LAKES Rd #6	0.00mi	2/1.0	1,008 (+5%)	9mo	$137,000	$136	80
1925 Otay Lakes Rd #140	0.09mi	2/2.0	1,040 (+8%)	11mo	$195,550	$188	73

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 · 0.88% rent growth · sell at horizon

5-year hold

• IRR: 5.2%
• Equity multiple: 1.20×
• Total profit: $14,046
• Equity at exit: $38,021

10-year hold

• IRR: 12.8%
• Equity multiple: 1.92×
• Total profit: $65,765
• Equity at exit: $22,048

Cash invested: $71,400 (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 91913

• Home prices YoY: -30.1%
• Rents YoY: 0.9%
• Active inventory: 171
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $3,166 high
• Mortgage (P&I): −$1,337
• Tax from tax record: −$83 /mo · $991/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$665
• Net cashflow: $975

Break-even live

Break-even rent $1,932

Max offer price $255,000

Occupancy floor 64%

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: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2035 Lakeridge Cir #101 Chula Vista, CA	2.0	2.0	1045	$2,995	$2.87	1d	1	0.58mi
2085 Lakeridge Cir #202 Chula Vista, CA	2.0	2.0	956	$3,095	$3.24	24d	1	0.61mi
767 Brookstone Rd #301 Chula Vista, CA	2.0	2.0	1045	$3,295	$3.15	16d	1	0.67mi
1867 Platte River Ln #1 Chula Vista, CA	2.0	2.0	1032	$3,000	$2.91	1d	1	0.68mi
1298 Fools Gold Way #4 Chula Vista, CA	2.0	2.0	1071	$3,100	$2.89	1d	1	0.79mi
1305 Mother Lode Way #1 Chula Vista, CA	2.0	2.0	1071	$2,900	$2.71	1d	1	0.82mi
1250 Santa Cora Ave Chula Vista, CA	1.0–3.0	1.0–2.0	952	$3,234	$3.40	1d	35	0.88mi
1338 Nicolette Ave #1032 Chula Vista, CA	2.0	2.0	1066	$2,800	$2.63	22d	1	0.94mi
1344 Paizay Pl #732 Chula Vista, CA	2.0	2.0	1066	$2,695	$2.53	2d	1	0.96mi
1885 Rennes Pl #2224 Chula Vista, CA	2.0	2.0	975	$2,995	$3.07	1d	1	0.96mi
1051 Waterville Lake Rd Unit 2 Chula Vista, CA	2.0	1.5	1000	$3,875	$3.88	1d	1	0.98mi
1051 Waterville Lake Rd Unit 3 Chula Vista, CA	2.0	1.5	1000	$3,875	$3.88	3d	1	0.98mi
1355 Nicolette Ave #1323 Chula Vista, CA	2.0	2.0	1066	$2,700	$2.53	1d	1	0.99mi
1439 Trouville Ln Chula Vista, CA	2.0	2.0	1008	$2,850	$2.83	3d	1	1.17mi
1439 Trouville Ln #6 Chula Vista, CA	2.0	2.0	1008	$2,850	$2.83	19d	1	1.17mi
1924 E Palomar St Chula Vista, CA	2.0–3.0	3.0	1209	$3,150	$2.60	1d	6	1.19mi
1445 Town Center Dr Chula Vista, CA	2.0	1.0–2.0	926	$3,960	$4.28	1d	20	1.33mi
1629 Santa Venetia St Chula Vista, CA	1.0–3.0	1.0–2.0	1115	$3,430	$3.08	1d	27	1.39mi
1625 Santa Venetia St Chula Vista, CA	1.0–3.0	1.0–2.0	1008	$3,352	$3.33	1d	24	1.45mi
1390 Santa Alicia Ave Chula Vista, CA	1.0–3.0	1.0–2.5	1050	$3,278	$3.12	1d	15	1.49mi

Listing history 7 events

1. 2026-06-18
   days on market $255,000 Active 7 DOM
2. 2026-06-17
   days on market $255,000 Active 6 DOM
3. 2026-06-16
   days on market $255,000 Active 5 DOM
4. 2026-06-15
   days on market $255,000 Active 4 DOM
5. 2026-06-13
   days on market $255,000 Active 2 DOM
6. 2026-06-13
   remarks 695-char remark
7. 2026-06-13
   listed $255,000 Active 1 DOM

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

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $991 · $83/mo
• Projected year-2 tax: $1,938 · $162/mo
• Expected delta: +$947/yr (+$79/mo · 95.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 4 d/yr ≥90°F today · 11 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,986
• − Mortgage interest: −$14,284
• − Property taxes: −$991
• − Insurance: −$1,275
• − Repairs & maintenance: −$3,039
• − Management: −$3,039
• − Depreciation: −$7,418
• Taxable income: $7,940
• Est. tax owed @ 24.0%: −$1,906
• After-tax cash flow: $9,790/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.

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): 57,721
• Household income: $129,337
• Rent vs Own: 29.8% rent · 70.2% own
• Severe rent burden: 1806.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Hispanic / Latino 47% Asian 25% Two or more races 24% White 14% Black 8%
• Hispanic origin (detail): Mexican 42% Puerto Rican 2%
• Common ancestry: Italian 1% Hispanic 1% Iranian 1%
• Foreign-born: 31% · Canada, China, South Korea
• Languages at home: 49% English-only · Spanish 34% Tagalog/Filipino 11% Other Asian/Pacific 2%

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: ▼ -151.26%
• Current HPI: 350.4967
• Rent YoY: ▲ 0.88%
• 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

1 event — show timeline

• 2026-06-11 Listed $255,000 SDMLS