
1111 Seacoast Drive #27
Ctop 80%Imperial Beach, CA 91932
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!
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Est. Monthly Payment
$5,173
Location
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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.
Comparable Properties
5 comps foundThis Property
$2,427
Comp Average
$2,480
239 Ebony Avenue
2bd / 1ba · 920 sqft · Condo
$449K
Est. $2,487/mo
1328 Iris Avenue
2bd / 1ba · 798 sqft · Condo
$449K
Est. $2,384/mo
1220 Seacoast Drive
2bd / 1ba · 909 sqft · Condo
$510K
Est. $2,844/mo
1340 Holly Avenue
2bd / 1ba · 800 sqft · Condo
$440K
Est. $2,306/mo
1328 Iris Ave
2bd / 1ba · 794 sqft · Condo
$470K
Est. $2,379/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
2 leases in this building · $2,388–$2,465
Thin data: only 2 leases behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,871/mo short at 20% down; +$5,027/mo rent closes it.
- Break-even price
- $175,915
- Break-even rent
- $7,454/mo
- Cashflow at 35% down
- −$3,163/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
74% under asking
$5,027/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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