We used to own a condo in Chula Vista that was 3 BR 2 BA.
Just for grins, I checked MLS last week to see what was on the market there right now. Of about 150 units in the complex (50% are 2 BR 2 BA, 50% 3 BR 2 BA), 8 are for sale and they are ALL 2 BR 2 BA.
I could be wrong, but on the surface there appears to be a glut of 2 BR condos on the market in CV, while the 3 BRs appear to be selling (or not being put on the market). Also, it appears that prices are approximately 50% higher than when we sold 20 years ago.
I know I didn’t give you an answer, but I wanted you to have a few more data points in your decision…hard to go wrong for $87K net cost, though. You might check to see what the percentage of rentals are in the complex (large number of rentals can make it hard to purchase in the complex, which will affect resale value).
