40
Map
$909,000
●
House -
In Contract
1240 Pershing Road
Chula Vista, CA 91913
4 Beds
3 Baths
2,187 Ft²
$4,536
Est. Monthly
$72
HOA / Fees
About This Property
Welcome home to the Village of Montecito in Otay Ranch! On a quiet
street, this inviting 4BR/3BA home offers 2,187 sq ft of elegant,
comfortable living. A downstairs bedroom and full bath are perfect
for guests or extended family. Soaring 9-ft ceilings, custom
ceramic tile, recessed lighting and ceiling fans create a bright,
welcoming flow. The island chef's kitchen is the heart of the home,
with Corian counters, a custom backsplash, Whirlpool stainless
appliances and a breakfast bar made for family meals. Upstairs, a
cozy loft/TV lounge and office alcove join a convenient laundry
room and a luxurious primary retreat with a walk-in closet, soaking
tub and glass shower. Paid-off solar, upgraded insulation and a
security system offer comfort and peace of mind. Gather in the
private courtyard with paver patio and double gates. Finished 2-car
garage. Low HOA includes the resort-style Montecito clubhouse, pool
and gym. Near parks, schools, Otay Ranch Town Center and freeways.
Unit Size
2,187 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$416
Property Type
House
Property Taxes
-
HOA Dues
$72
Year Built
2011
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 days ago (SDMLS #PTP2607439)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2026 | Listed by Coldwell Banker West | $909,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Walk-In Closet(s), BedroomOnMainLevel, Loft
Flooring Type: Carpet, Tile
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Upper Level
Fireplace Features: None
Exterior Details
Square Footage: 2187
Square Footage Source: $0
Property Condition: Turnkey
Year Built Source: Assessor
Year Built: 2011
Levels: Two
Pool Features: Community, Association
Lot Features: Front Yard, Landscaped, Level, Lawn, NearPark, Yard
Lot Size Area: 3213
Lot Size Units: Square Feet
Lot Size Acres: 0.0738
Lot Size Square Feet: 3213
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Meeting Room, Management, Barbecue, Pool, BocceCourt, CallForRules, OutdoorCookingArea
HOA Fee: $72
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Asking Price
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About Otay Ranch
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Listed by: Martin Barros, Coldwell Banker West
Last Updated: 10 days ago
Data Source: CRMLS, MLS# PTP2607439
Last Updated: 10 days ago
Data Source: CRMLS, MLS# PTP2607439
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