
Chula Vista, California 91911
This 3-bedroom condominium represents a High-Potential Investment Opportunity, listed at $560,000—positioned slightly above the $550,025 Fair Market Value. While the property requires modernization to reach its full potential, its Fair Condition Rating is offset by high-value upgrades, including a transferable solar agreement and advanced water purification system. The end-unit layout maximizes natural light, while the private patio and community pool enhance daily living. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, energy-efficient home with significant long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 238 Regency Ct C Subject 3 bd · 2 ba · 1,212 sqft · $448 | $560,000* List Price | 3 | 2 | 1,212 | $448 | - |
A 230 Rancho Drive C Sold 3 bd · 2 ba · 1,212 sqft · $494 · 0.1 mi | $599,000 | 3 | 2 | 1,212 | $494 | 0.1 mi |
B 1580 Mendocino Drive 90 Sold 3 bd · 2 ba · 1,180 sqft · $438 · 0.9 mi | $517,000 | 3 | 2 | 1,180 | $438 | 0.9 mi |
C 39 Tamarindo Way 1 Sold 3 bd · 2 ba · 1,200 sqft · $492 · 0.8 mi | $590,000 | 3 | 2 | 1,200 | $492 | 0.8 mi |
D 1450 Melrose Avenue 78 Sold 2 bd · 2 ba · 980 sqft · $495 · 1.0 mi | $485,000 | 2 | 2 | 980 | $495 | 1.0 mi |
E 303 Rancho Drive B Sold 3 bd · 2 ba · 1,274 sqft · $451 · 0.2 mi | $575,000 | 3 | 2 | 1,274 | $451 | 0.2 mi |
F 1565 Mendocino Dr 164 Sold 3 bd · 1 ba · 1,053 sqft · $484 · 0.9 mi | $510,000 | 3 | 1 | 1,053 | $484 | 0.9 mi |
G 226 Otay Valley Road A Active 3 bd · 2 ba · 1,212 sqft · $441 · 0.1 mi | $535,000 List Price | 3 | 2 | 1,212 | $441 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is over 50 years old and, while well-maintained and move-in ready, features dated interior elements such as older cabinetry and tile flooring. The presence of a portable AC unit suggests the primary HVAC system may be insufficient or aged. While the addition of solar and a water purification system adds value, the kitchen and bathrooms require modernization to meet current market standards.
The property is FHA approved, making it highly accessible for first-time buyers, while its end-unit position ensures maximum natural light and increased privacy compared to interior units.
The inclusion of a transferable solar agreement and an advanced water purification system provides significant long-term savings on utility costs and adds immediate functional value.
A spacious private patio combined with proximity to a community pool and a walking-distance park offers excellent recreational space that is often limited in condominium living.
Built in 1972, the home may require updates to major systems or cosmetic renovations to meet the expectations of buyers looking for modern interior finishes.
A price reduction within the first 13 days of listing suggests the property is still adjusting to find its market value in a competitive landscape.
Welcome to this 3 bedroom 1.5 bathroom beautiful home. This end unit offers tons of natural light private laundry and spacious patio perfect for relaxing and entertaining! Enjoy the community pool and walking distance park for outdoor recreation. An advanced water purification system and transferable Solar Agreement adds ongoing value - Vacant!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,212 | 1,235.534 |
| Lot Size | - | 59,391.943 |
| Price | $560.0K | $614.7K |
| Price per sq ft | $462 | $477 |
| Built year | 1972 | 2000 |
| HOA | $300.0 | $338 |
| Days on market | 107 | 56 |
Sep 15, 2026
$560,000
$545,000
+3% Price Increase
Initial Listing
Aug 21, 2026
$545,000
$560,000
-3% Price Drop
Initial Listing
Jul 23, 2026
$560,000
$565,000
-1% Price Drop
Initial Listing
Jul 10, 2026
$565,000
Initial Listing
Sep 1, 2021
$430,000
Public Record
Nov 30, 2015
$275,000
Public Record
Aug 7, 2002
$195,500
Public Record
Mar 23, 2000
$117,000
Public Record
Apr 17, 1998
$8,000
Public Record
Nov 22, 1995
$85,000
Public Record