1885 Rennes Place 2232, Chula Vista, California 91913, Chula Vista, 91913 - 2 bed, 2 bath
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1885 Rennes Place 2232
Chula Vista, California 91913
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,066Sq Ft
0Lot Size
Property Price
LIST PRICE$519,900
EST. MARKET VALUE
$550,870
5% BelowMARKET VALUE
SUMMARY
This Turn-Key Condominium represents a Strong Value Opportunity, listed at $519,900—positioned well below the $550,870 Fair Market Value by 5%. This valuation gap offers $30,970 in Instant Equity for the buyer. Featuring a Mint Condition Rating with new appliances and fresh paint, the home includes a private deck for outdoor living. Located in the desirable Otay Ranch, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in-ready home with a rare, low-interest VA assumable loan.
Estimated Market Value
$550,870+$30,970 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Chula Vista.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1885 Rennes Place 2232 Subject | $519,900* List Price | 2 | 2 | 1,066 | $517 | - |
A 1892 Miner Creek 1 Sold | $580,000 | 2 | 2 | 1,032 | $562 | 0.3 mi |
B 1853 Rue Bienville 836 Sold | $550,000 | 3 | 2 | 1,315 | $418 | 0.0 mi |
C 1432 Water Lily Drive 1 Sold | $605,000 | 2 | 2 | 1,008 | $600 | 0.2 mi |
D 1819 Via Capri Sold | $600,000 | 2 | 2 | 1,028 | $584 | 0.6 mi |
E 1452 Canvas Drive 1 Sold | $592,500 | 2 | 2 | 1,008 | $588 | 0.3 mi |
F 1291 Blue Jean Way Unit 4 Sold | $590,000 | 2 | 3 | 1,438 | $410 | 0.2 mi |
G 1367 Caminito Capistrano Sold | $670,000 | 3 | 3 | 1,471 | $455 | 0.3 mi |
H 1241 Santa Cora Avenue 334 Sold | $575,000 | 3 | 3 | 1,385 | $415 | 0.5 mi |
I 1298 Fools Gold 1 Active | $549,000 List Price | 2 | 2 | 1,071 | $513 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2006 (18 years old), the property has undergone a recent refresh (within <5 years) including new stainless steel appliances, fresh paint, new fixtures, and updated lighting, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing Opportunity
The property features a VA assumable loan at a 2.25% interest rate, offering a massive financial advantage and significant monthly savings compared to current market rates.
- Turn-Key Interior
The home is move-in ready with fresh interior paint, new stainless steel appliances, and updated lighting and fixtures throughout, reducing immediate post-purchase costs.
- Prime Otay Ranch Location
Situated in a highly desirable master-planned community, the property provides excellent proximity to top-rated schools, parks, and the Otay Ranch Town Center.
CONSRISKS & DEFICIENCIES
- Recurring HOA Expenses
The $345 monthly association fee adds a fixed cost to the monthly budget that does not contribute to equity, which may deter some cost-conscious buyers.
- Compact Living Area
With 1,066 square feet of living space, the unit may feel restrictive for buyers seeking larger open-concept layouts or additional storage options.
About 1885 Rennes Place 2232
Welcome to 1885 Rennes Pl. #2232, a beautifully updated home in the desirable Otay Ranch area of Chula Vista. Freshly painted throughout, the home features a bright, welcoming interior complemented by new stainless steel appliances, new fixtures, and updated lighting. Located in a convenient Otay Ranch neighborhood, you’ll enjoy easy access to schools, parks, shopping, dining, and transportation, making commuting and daily errands a breeze. A wonderful opportunity to own a refreshed home in the heart of Otay Ranch.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $345.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,066 | 1,188.972 |
| Lot Size | - | 57,275.789 |
| Price | $519.9K | $612.2K |
| Price per sq ft | $488 | $474 |
| Built year | 2006 | 2000 |
| HOA | $345.0 | $341 |
| Days on market | 14 | 57 |
Pricing History
Listed for Sale
Aug 26, 2026
$519,900
Initial Listing
Sold
Sep 22, 2021
$505,000
Public Record
Sold
Jun 15, 2021
$478,000
Public Record
Sold
Dec 8, 2011
$175,000
Public Record
Sold
Nov 16, 2006
$324,000
Public Record