For SaleRisky Deal0 days on market
669 Melrose Ave
669 Melrose Ave, Chula Vista, CA 91910, Chula Vista, CA 91910
$699,000
Estimate®:$844,500$145,500 Under Market
Listing Price
669 Melrose Ave, Chula Vista, CA 91910
Loc: Chula Vista, CA
Days Listed
0
Tax Assessed
$300k
Estimate®
$845k
17% Under Valued
Lot Size
7,841 sqft
Rent Estimate
$4,265/mo
Est. Cash Flow base
Type
single family
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.
8
Hilltop Drive Elementary School
K-6
0.7 mi away
3
Hilltop Middle School
7-8
0.6 mi away
6
Hilltop Senior High School
9-12
0.4 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
modernopen conceptkitchen islandstainless steel appliancespool viewranch stylevaulted ceilingssliding glass doorswood-look flooringrecessed lightingrange hoodminimalistbrightrenovated
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.72%
Total ROI
61.3%
Cash Flow
$-880/mo
DSCR
0.76
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-880/mo net cash flow with a 4.7% 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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $699,000 | $468 |
| 1994-05-31 | Sold | $173,000 | $116 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $299,898 |
| 2025 | $3,444.42 | $294,018 |
| 2024 | $3,321.58 | $288,254 |
| 2023 | $3,274.46 | $282,603 |
| 2022 | $3,179.02 | $277,062 |
| 2021 | $3,104.32 | $271,630 |
| 2020 | $3,029.66 | $268,846 |
| 2019 | $2,918.14 | $263,576 |
| 2018 | $2,903.31 | $258,408 |
| 2017 | $2,841.12 | $253,342 |
| 2016 | $2,773 | $248,376 |
| 2015 | $2,732.72 | $244,646 |
| 2014 | $2,686.3 | $239,854 |
| 2013 | $0 | $238,771 |
| 2012 | $0 | $234,090 |
| 2011 | $0 | $229,501 |
| 2010 | $0 | $227,786 |
| 2009 | $0 | $228,328 |
| 2008 | $0 | $223,852 |
| 2007 | $0 | $219,463 |
| 2006 | $0 | $215,160 |
| 2005 | $0 | $210,942 |
| 2004 | $0 | $206,807 |
| 2003 | $0 | $203,018 |
| 2002 | $0 | $199,038 |
| 2001 | $0 | $195,136 |
Similar Properties Nearby
Explore other investment opportunities in Chula Vista.