1111 Seacoast Drive #27
1 / 20

1111 Seacoast Drive #27

Ctop 80%

Imperial Beach, CA 91932

$679,888
STR: check · Imperial Beach: confirm the zone · TOT 14%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$3,871/mo full cashflow at 20% down, 7.43% rate.

Works at $175,915 (74% under asking); even all cash loses money at asking.

Rent $2,427/mo from 2 leases in this building ($2,388–$2,465).

Beds

2

Baths

2

Sqft

876

Year Built

1973

Days on Market

53

Property Type

Condo

HOA/mo

$518

MLS ID

CV26186089

This property is in Imperial Beach (91932). Browse neighborhood analytics →

About This Property

Beautifully Renovated Coastal Condo in Imperial BeachThis beautifully renovated 2-bedroom, 2-bathroom condo offers a rare combination of quality finishes, thoughtful design, and an exceptional coastal location on iconic Seacoast Drive. Just a short walk to the beach, estuary, Imperial Beach Pier, and local restaurants, the home provides the best of relaxed beach living with the comfort and convenience of a completely updated interior. Partial views of the Pacific Ocean, beach, and Imperial Beach Pier, along with beautiful coastal sunsets, add to the home’s relaxed coastal ambiance and are enjoyed from the living spaces.This 876-square-foot, two-story home has been extensively renovated with exceptional attention to detail. The beautifully redesigned interior features solid American oak cabinetry, Samsung Bespoke appliances, quartz countertops, oversized porcelain tile, oak staircase, genuine hardwood flooring, and premium carpeting.Modern convenience has been thoughtfully incorporated throughout the home with smart switches and outlets, custom LED lighting, and smart thermostats controlling the in-ceiling radiant heat. The result is a sophisticated, comfortable home that feels remarkably close to new construction while retaining the character and location that make this area so desirable.The upper level features genuine hardwood flooring on the landing and in the primary bedroom, with premium carpeting in the guest bedroom. The thoughtful combination of natural materials, modern finishes, and abundant coastal light creates a warm and inviting interior that is both stylish and comfortable.Sea Village amenities include a year-round heated pool, tropical landscaping, and an on-site laundry facility. The sale includes one dedicated parking space on Seacoast Drive.With its exceptional location, extensive renovation, premium finishes, smart-home features, and turnkey condition, this is a rare opportunity to own a beautifully updated coastal home in Imperial Beach.A must-see!

Mortgage Calculator

Est. Monthly Payment

$5,173

Principal & Interest$3,777
Property Tax$680
Insurance$198
HOA$518
%($135,978)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Imperial Beach Charter · grades K-8 · South Bay Union

  • Middle

    Mar Vista Academy · grades 7-8 · Sweetwater Union High

  • High

    Mar Vista Senior High · grades 9-12 · Sweetwater Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

12C
Est. Monthly Rent
$2,427

2 leases in this building · $2,388–$2,465

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$2,746
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,871

What would make this work?

$3,871/mo short at 20% down; +$5,027/mo rent closes it.

Break-even price

74% under asking

$175,915
Break-even rent

$5,027/mo above the estimate

$7,454/mo
Cashflow at 35% down
−$3,163/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,777
Cap Rate
0.05%
Cash-on-Cash
-34.16%
DSCR

Need ≥ 1.25 for DSCR loan

0.47

NOI (Annual)
$332
Price-to-Rent

Lower = better for investors

23.3

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
CCashflow−$3,871/mo