For SaleRisky Deal29 days on market
1720 Melrose Ave Unit 46
1720 Melrose Ave Unit 46, Chula Vista, CA 91911, Chula Vista, CA 91911
$529,000
Estimate®:$543,300$14,300 Under Market
Listing Price
1720 Melrose Ave Unit 46, Chula Vista, CA 91911
Loc: Chula Vista, CA
Days Listed
29
Tax Assessed
$412k
Estimate®
$543k
3% Under Valued
Rent Estimate
$3,223/mo
Est. Cash Flow base
Type
townhouse
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Otay Elementary School
K-6
1 mi away
2
Castle Park Middle School
7-8
1.4 mi away
4
Castle Park Senior High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
contemporarystucco exteriortwo-storybalconyasymmetrical rooflinevinyl fencingresidentialexterior lightingsuburbanlandscapedwarm ambiancemulti-family unitarchitectural detail
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.44%
Total ROI
55.5%
Cash Flow
$-786/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-786/mo net cash flow with a 4.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Chula Vista, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $529,000 | $374 |
| 2026-09-03 | Pending sale | $529,000 | $374 |
| 2026-08-23 | Listed for sale | $529,000 | $374 |
| 2026-07-28 | Pending sale | $529,000 | $374 |
| 2026-07-15 | Listed for sale | $529,000 | $374 |
| 2018-05-04 | Sold | $355,000 | $251 |
| 2018-04-01 | Pending sale | $360,000 | $255 |
| 2018-03-16 | Listed for sale | $360,000 | $255 |
| 2017-10-29 | Listing removed | $360,000 | $255 |
| 2017-08-04 | Listed for sale | $360,000 | $255 |
| 2014-05-06 | Listing removed | $279,000 | $197 |
| 2014-04-30 | Listed for sale | $279,000 | $197 |
| 2013-01-17 | Listing removed | $165,000 | $117 |
| 2012-06-28 | Listed for sale | $165,000 | $117 |
| 2009-01-14 | Sold | $120,000 | $85 |
| 2008-09-25 | Sold | $185,000 | $131 |
| 2004-01-28 | Sold | $282,000 | $199 |
| 2001-09-25 | Sold | $174,000 | $123 |
| 2001-06-25 | Sold | $135,000 | $95 |
| 1997-12-30 | Sold | $102,000 | $72 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $412,004 |
| 2025 | $4,838.96 | $403,926 |
| 2024 | $4,669.46 | $396,006 |
| 2023 | $4,606.56 | $388,242 |
| 2022 | $4,474.92 | $380,630 |
| 2021 | $4,371.88 | $373,168 |
| 2020 | $4,267.74 | $369,342 |
| 2019 | $4,118.3 | $362,100 |
| 2018 | $1,590.49 | $135,804 |
| 2017 | $1,557.6 | $133,142 |
| 2016 | $1,521.3 | $130,532 |
| 2015 | $1,500.18 | $128,572 |
| 2014 | $1,476.04 | $126,054 |
| 2013 | $0 | $125,486 |
| 2012 | $0 | $123,026 |
| 2011 | $0 | $120,614 |
| 2010 | $0 | $119,714 |
| 2009 | $0 | $120,000 |
| 2008 | $0 | $305,242 |
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