575 575 Otay Lakes Rd 43, Chula Vista, California 91913, Chula Vista, 91913 - 3 bed, 3 bath
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Chula Vista, California 91913
This Spacious Townhome with Value-Add Potential is a Strong Value Opportunity, listed at $725,000—positioned well below the $752,487 Fair Market Value by 3%. This valuation gap provides $27,487 in Instant Equity. While maintaining a Functional Condition Rating, the 1,894 sqft layout includes a large bonus room and stunning Canyon Views that offer significant upside through modernization. Located in the Sweetwater Union High School District near top-rated Bonita Vista Senior High, it balances lifestyle with investment growth. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors.
Property is moderate renovation needed.
Built in 1975, this property is nearly 50 years old and shows signs of aging infrastructure. While the exterior appears maintained, the listing analysis notes a need for modernization of interior finishes and major systems to meet contemporary standards. Without evidence of a recent full renovation, it fits the criteria for a functional but outdated home requiring updates.
With 1,894 square feet of living space and a large bonus room that can serve as a fourth bedroom, this townhome offers a rare level of versatility and size for its property type.
The property is situated in the desirable Sweetwater Union High School District, within walking distance to highly-rated schools like Bonita Vista Senior High, making it ideal for families.
The home features beautiful, unobstructed canyon views, providing a tranquil atmosphere and a sense of privacy that is highly sought after in the Chula Vista area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1630, other record lot size in square feet = 1510.
Built in 1975, the property may require capital improvements or modernization of major systems and interior finishes to meet contemporary energy and design standards.
The monthly association fee of $391 adds a significant fixed expense to the buyer's budget, which may impact overall affordability for some financing profiles.
Rarely available Townhome in Bonita View Terraces. Beautiful canyon views. 3 Bedrooms plus a large bonus room which could be used as a fourth bedroom .Community features pool , spa and clubhouse. Near shopping , parks and great schools.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.7 mi
Grades 7-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,894 | 1,587 | 78% |
| Lot Size | 1,630 | - | 78% |
| Price | $725.0K | $715.0K | 54% |
| Price per sq ft | $383 | $442 | 22% |
| Built year | 1975 | 2015 | 3% |
| HOA | $391.0 | $340 | 89% |
| Days on market | 14 | 167 | 5% |
Apr 8, 2026
$725,000
Initial Listing
Apr 16, 1997
$150,000
Public Record