1
Map
$943,000
●
House -
Off Market
1508 Carpinteria Street
Chula Vista, CA 91913
5 Beds
3 Baths,
1
Half Bath
2,465 Ft²
$4,641
Est. Monthly
$75
HOA / Fees
About This Property
Price improvement!! This home is ready for buyers to make their
own! Beautiful and rare three story home in the highly sought-after
community of Montecito at Otay Ranch. This light-filled 5BD/4BA
residence offers over 2,465 sq ft of well-designed living space,
featuring a first-floor bedroom and full bathroom ideal for
multi-generational living, guests, or extended stays. The spacious
third-floor loft adds incredible flexibility for a home office,
media room, playroom, or private retreat. Enjoy an open-concept
kitchen and living area with modern finishes, abundant natural
light, and a solar power system that helps keep energy costs down.
Residents of Montecito have access to exceptional resort-style
amenities including a pool, spa, fitness center, clubhouse, tennis
court, basketball court, bocce ball, and beautiful neighborhood
parks.
Unit Size
2,465 Ft²
Days on Market
66 days
Land Size
0.07 acres
Price per sqft
$377
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
2015
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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: 3 months ago (SDMLS #PTP2604176)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Increased |
$929,900
↑ $31K
(3.4%) | |
| Price Increased | |||
| Jul 8, 2026 | Price Decreased |
$899,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$949,990
↓ $10K
(1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Otay Ranch
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Currently no similar homes aroundNearby Rentals
Listed by: Leilani Almazan, Integrity First Realty & Loans
Last Updated: 3 months ago
Data Source: CRMLS, MLS# PTP2604176
Last Updated: 3 months ago
Data Source: CRMLS, MLS# PTP2604176
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