Laura Jewett

Laura Jewett

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Closed

$1,400,000

($323,200 down)
VA

779 Dorothy St, Chula Vista, CA 91911

N/A
N/A
sqft
PITI Monthly
$7,653.79 /mo

Listing courtesy of: Christopher Burgos, Coldwell Banker West

Assumed Rate

4.99%
7.15%

Principal & Interest

$5,979 /mo
$7,531 /mo

What's Special

INVESTORS
SHOPPING
PATIO

Welcome to the Best Opportunity Chula Vista Has to Offer! Situated roughly 2 Miles from the Gaylord Convention Center and the 3rd Ave Strip, this superb property has had no expense spared in upgrades and maximum potential for growth! Live in one and rent out the other, Convert Both Garages and make almost $12k in Gross Rents, Airbnb one or both or keep them rented with the tenants! One of the few properties in the county with this much growth potential with an ASSUMABLE VA LOAN! Both units (A&B) have been meticulously maintained and underwent significant upgrades (See below). Come See! Each unit is a 3 Bed 2 Ba with own private front and back yards, laundry units & garages, just blocks away from Costco, target, and other shopping plazas, Life Essentials are at your finger tips! In a prominent area for future development, this property is within a Transit Priority Area (TPA) and with the flux of development coming to Chula Vista, this can very well be The Opportunity before Investors start flying in! Current Short Term Rental Potential is $52,000/Yr Each Unit! Truly step into Real Estate Investing and Portfolio Growth at its Finest with this Incredible Opportunity before it's too late! Upgrade List - Unit A- New sliding patio door, New windows, New Water Heater, Complete Water Softener and Reverse Osmosis system, New fence, All Appliances, Washer & Dryer, Kitchen Island, and Dishwasher Unit B - 2 New Sliding Door, New Furnace, New Fence, Garage Door, All Appliances, Washer & Dryer, Kitchen Island, and Dishwasher.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.99
Remaining Loan Term
27 years, 4 months
Monthly PITI
$7,653.79/mo
Estimated Loan Balance
$1,078,300
Cash to close
$323,200
Interest Paid
$145,491

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: CrossFenced
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Chula Vista
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Chula Vista

Financial Details

  • Price per Sqft: $1,400,000
  • Tax Annual Amount: $17500
  • On Market Date: 2024-09-19T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $323,200 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $323,200!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$1,076,800
Your Cash$323,200
Total Purchase Price:$1,400,000

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$5,979/mo
Traditional @ 7.5%
$7,812/mo
You save $1,833/month ($21,995/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 240022268SD

Listing From:

Last updated: 2025-01-14T20:50:25.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.99%
7.15%

Principal & Interest

$5,979 /mo
$7,531 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $323,200 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $323,200!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$1,076,800
Your Cash$323,200
Total Purchase Price:$1,400,000

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$5,979/mo
Traditional @ 7.5%
$7,812/mo
You save $1,833/month ($21,995/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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