Listed by: Angelica Martinez, FOSTER HAMILTON Real Estate Co
$706,000
●
Condo -
Off Market
2325 Element Way #4
Chula Vista, CA 91915
3 Beds
3 Baths,
1
Half Bath
1,430 Ft²
$3,955
Est. Monthly
$468
HOA / Fees
6.29%
Cap Rate
About This Property
Welcome to this stunning tri-level condo located in the highly
desirable, newer development of Millenia in East Chula Vista.
Freshly painted and move in ready, this contemporary 3-bedroom,
3-bathroom home boasts a spacious and versatile floor plan, perfect
for modern living. The open-concept main level is filled with
natural light and offers seamless indoor-outdoor flow to a private
balcony, where you can take in breathtaking views of the
surrounding area. The gourmet kitchen is equipped with sleek
stainless steel appliances, quartz countertops, and ample cabinet
space, making it a chef's dream. Each bedroom is generously sized,
with the primary suite offering a serene retreat complete with a
walk-in closet and spa-like en-suite bathroom. The Millenia
community is rich with amenities, including parks, trails, and
convenient access to shopping, dining, and top-rated schools. With
its prime location, stylish design, and panoramic views, this
tri-level condo is the perfect blend of luxury and convenience in
the heart of East Chula Vista. Don't miss the opportunity to call
this exceptional property home! Seller may consider a credit for
carpet! Lease considered.
Unit Size
1,430 Ft²
Days on Market
37 days
Land Size
-
Price per sqft
$497
Property Type
Condo
Property Taxes
-
HOA Dues
$468
Year Built
-
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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: 2 years ago (CRMLS #PTP2500362)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2024 | Listed by FOSTER HAMILTON Real Estate Co | $710,000 | |
| Listed by FOSTER HAMILTON Real Estate Co | |||
| Aug 5, 2023 | No longer available | - | |
| No longer available | |||
| Jul 19, 2023 | In contract | - | |
| In contract | |||
| Jul 2, 2023 | Listed by eXp Realty of California Inc. | $659,000 | |
| Listed by eXp Realty of California Inc. | |||
| | |||
|
Welcome home to Millenia’s finest with a stunning mountain view! With modern upgrades this townhome features an open concept entertainers kitchen, in unit washer and dryer, fresh paint, and tons of natural light. Two balcony spaces allow for outdoor relaxation in this quiet and tranquil community. The spacious 2-car garage has ample storage with new epoxy flooring. Home is pre-wired for surround sound in the living room and wired for smart home technology throughout. This community offers incredible walk-ability with stylish and comfortable living. Millenia’s amenities feature a community pool, spa, playgrounds, dog parks, and a community garden. Don't miss out on this opportunity to live in one of the most desirable areas in San Diego. The manager has listed the unit size as 1430 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Levels: ThreeOrMore
Interior Features: All Bedrooms Up, Primary Suite, Walk In Closets
Appliances: Dishwasher, Gas Cooking, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Dryer, Washer
Living Area Square Feet Source: Assessor
Laundry Features: Upper Level
None
Exterior Details
Year Built: 2017
Parcel Number: 6430630767
Home Type: Residential
Pool Features: Association
Lot Size Dimensions: Community
Lot Size Source: Assessor
Utilities Details
Cooling Type: Central Air
Location Details
Association Fee Includes: PestControl
Association Amenities: Maintenance Grounds, Management, Barbecue, Picnic Area, Playground, Pool, Pets Allowed, Spa Hot Tub
Association Fee: $468
Association Fee Frequency: Monthly
Community Features: Biking, Curbs, Dog Park, Gutters, Mountainous, Park, Storm Drains, Street Lights, Suburban, Sidewalks
High School District: Sweetwater Union
Directions: Google Maps
Other Details
Listing Terms: Submit
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 |
|---|---|---|---|---|---|---|---|
|
09/16/2024
|
3 Bed
|
3 Bath
|
1430 ft²
|
$710,000
3 Bed
3 Bath
1430 ft²
|
$706,000
-0.56%
02/20/2025
|
Angelica Martinez
David Lyng Real Estate
| |
|
07/02/2023
|
3 Bed
|
2.5 Bath
|
1430 ft²
|
$659,000
3 Bed
2.5 Bath
1430 ft²
|
-
-
|
Marina Morse
eXp Realty of California, Inc.
| |
|
09/06/2019
|
3 Bed
|
2 Bath
|
1430 ft²
|
$449,000
3 Bed
2 Bath
1430 ft²
|
$454,000
+1.11%
01/30/2020
|
Mariko Tortolero
Palisade Realty, Inc
|
Building Info
About Otay Ranch
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Listed by: Angelica Martinez, FOSTER HAMILTON Real Estate Co
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2500362
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2500362
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