Listed by: An Nguyen, Pemberley Realty Inc.
$615,000
●
Condo -
Off Market
1894 Lorient Pl #2521
Chula Vista, CA 91913
3 Beds
2 Baths
1,315 Ft²
$3,339
Est. Monthly
$270
HOA / Fees
7.99%
Cap Rate
About This Property
Gorgeous Move-In Ready Home in Otay Ranch's Mer Soleil Community!
This beautifully updated 3-bedroom, 2-bathroom home is ready for
you to move in and make it your own. Freshly repainted with a
renovated kitchen and brand-new carpet, it offers modern comfort in
a prime location. The open-concept layout connects the living room,
dining area, and kitchen, providing a spacious and welcoming
environment. The kitchen is equipped with ample cabinet space and a
breakfast bar, perfect for daily meals and entertaining. The master
bedroom is a retreat with its large walk-in closet featuring a
custom organizer. The two additional bedrooms are well-sized, each
with custom-built closet organizers, and they share a convenient
Jack and Jill bathroom. The home also includes a laundry closet
with a washer and dryer, as well as a private deck with a great
view and extra storage space. Parking is easy with a 1-car attached
garage and an additional assigned parking spot. The Mer Soleil
community enhances your lifestyle with two swimming pools, a sand
volleyball court, an exercise room, a clubhouse, a play structure,
and a park.
Unit Size
1,315 Ft²
Days on Market
27 days
Land Size
12.04 acres
Price per sqft
$475
Property Type
Condo
Property Taxes
-
HOA Dues
$270
Year Built
-
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Cap Rate Calculator
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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 years ago (CRMLS #240019704SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Pemberley Realty Inc. | $624,900 | |
| Listed by Pemberley Realty Inc. | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2020 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned
Garage Spaces: 1
Open Parking Spaces: 1
Garage Spaces: 1
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: ThreeOrMore
Appliances: Counter Top, Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator
Living Area Square Feet Source: Assessor
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Exterior Details
Year Built: 2007
Parcel Number: 6430514819
Home Type: Residential
Construction Materials: Stucco
Pool Features: Community
Lot Size Source: Assessor
Lot Size Acres: 12.0374
Utilities Details
Cooling Type: Central Air, Wall Window Units
Heating Type: Forced Air, Natural Gas
Location Details
Association Amenities: Maintenance Grounds, Insurance
Association Fee: $270
Association Fee Frequency: Monthly
Community Features: Pool
Subdivision: Chula Vista
Subdivision Name: Chula Vista
Directions: Property is Between Nicolette & Rochelle. Cross Street: Rochelle and Lorient Place.
Other Details
Listing Terms: Cash, Conventional, CalVetLoan, FHA, VALoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/23/2025
|
2 Bed
|
2 Bath
|
1066 ft²
|
$599,000
2 Bed
2 Bath
1066 ft²
|
$585,000
-2.34%
09/10/2025
|
Jenny Segovia
Segovia Real Estate Group
| |
|
04/11/2025
|
3 Bed
|
2 Bath
|
1478 ft²
|
$645,000
3 Bed
2 Bath
1478 ft²
|
$615,000
-4.65%
08/04/2025
|
Song Hasell
Windermere Homes & Estates
| |
|
03/01/2025
|
3 Bed
|
2 Bath
|
1315 ft²
|
$639,999
3 Bed
2 Bath
1315 ft²
|
$650,000
+1.56%
04/11/2025
|
Barbara Marsh
AARE
| |
|
08/20/2024
|
3 Bed
|
2 Bath
|
1315 ft²
|
$624,900
3 Bed
2 Bath
1315 ft²
|
$615,000
-1.58%
09/16/2024
|
An Nguyen
Palisade Realty Inc
| |
|
04/11/2024
|
3 Bed
|
2 Bath
|
1315 ft²
|
$649,777
3 Bed
2 Bath
1315 ft²
|
-
-
|
James Noordyk
Dunn, REALTORS/Park Pacific
| |
|
08/25/2021
|
2 Bed
|
2 Bath
|
1066 ft²
|
$515,000
2 Bed
2 Bath
1066 ft²
|
$515,000
11/23/2021
|
Jorge Alvarez
Compass
| |
|
07/13/2020
|
3 Bed
|
2 Bath
|
1315 ft²
|
$425,000
3 Bed
2 Bath
1315 ft²
|
-
-
|
-
| |
|
04/21/2019
|
3 Bed
|
2 Bath
|
1315 ft²
|
$375,000
3 Bed
2 Bath
1315 ft²
|
$395,000
+5.33%
05/17/2019
|
David Jefferson
Coldwell Banker Royal Realty
| |
|
04/04/2018
|
3 Bed
|
2 Bath
|
1315 ft²
|
$365,000
3 Bed
2 Bath
1315 ft²
|
$368,000
+0.82%
05/30/2018
|
Anthony Manzon
Keller Williams San Diego Metro
| |
|
02/15/2017
|
2 Bed
|
2 Bath
|
1066 ft²
|
$290,000
2 Bed
2 Bath
1066 ft²
|
$302,000
+4.14%
03/29/2017
|
Anthony Manzon
Keller Williams Realty
| |
|
10/18/2016
|
3 Bed
|
2 Bath
|
1315 ft²
|
$349,900
3 Bed
2 Bath
1315 ft²
|
$313,500
-10.40%
11/23/2016
|
Dawn Lewis
Big Block Realty, Inc
|
Building Info
About Otay Ranch
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Listed by: An Nguyen, Pemberley Realty Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240019704SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240019704SD
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