
1165 East Lane
Ctop 80%Imperial Beach, CA 91932
Pass at asking: -$3,917/mo full cashflow at 20% down, 7.43% rate.
Works at $449,976 (53% under asking), or at 79% down.
Rent $4,488/mo from 10 leases of 3–5 bed houses within 1 mi, same school area ($4,370–$5,266).
Beds
4
Baths
2
Sqft
1,850
Year Built
1981
Days on Market
111
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2605522
This property is in Imperial Beach (91932). Browse neighborhood analytics →
About This Property
HUGE price reduction! Sellers are motivated! Welcome to one of IB's most sought-after neighborhoods, where larger homes, spacious lots, and the beauty of the beach and the Estuary create one of the community's most desirable places to live. Nestled on prestigious East Lane, this 1,850 sq.ft. home sits on an expansive lot with a two-car garage with new epoxy flooring, two additional driveway parking spaces, and convenient alley access. Anchoring the living room is an oversized, authentic brick, wood-burning fireplace that makes the space feel warm and welcoming. It's easy to imagine the glow of a crackling fire on Christmas morning or cozy evenings spent with family and friends. The spacious formal dining room and open-concept kitchen create an inviting floor plan that's perfect for everyday living and entertaining. This home offers incredible potential and is ready for you to update to your own style while enjoying the confidence of many important improvements already in place, including central A/C, luxury vinyl flooring, dual-pane windows, modern vinyl fencing, and solar. The dual-pane windows were replaced approximately two years ago, the central heating and air conditioning system is in excellent condition, the roof is approximately 12 years old, and the leased solar system helps keep energy costs down, allowing you to enjoy the comfort of air conditioning whenever you want. Additional highlights include several skylights, abundant storage in the garage attic, a generously sized front yard, and a private backyard with space for a potential ADU. Located just minutes from the beach, Imperial Beach Pier, the Bayshore Bikeway, and the restaurants and shops along Seacoast Drive, this is an exceptional opportunity to create your dream home in one of Imperial Beach's premier neighborhoods. Some of the photos have been enhanced with AI Staging, none regarding the structure.
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Est. Monthly Payment
$6,573
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
$4,488
Comp Average
$4,355
946 11th
4bd / 2.5ba · 1,933 sqft · Single Family
$745K
Est. $4,535/mo
857 Holly Ave
4bd / 2ba · 1,868 sqft · Single Family
$850K
Est. $4,339/mo
558 11th St
4bd / 3ba · 1,643 sqft · Single Family
$890K
Est. $4,279/mo
1016 Delaware St
4bd / 2.5ba · 1,799 sqft · Single Family
$1.10M
Est. $4,181/mo
466 Calla Ave
4bd / 2ba · 2,000 sqft · Single Family
$1.25M
Est. $4,442/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 3–5 bed houses within 1 mi, same school area · $4,370–$5,266
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,917/mo short at 20% down; 79% down or +$5,088/mo rent closes it.
- Break-even price
- $449,976
- Break-even rent
- $9,576/mo
- Cashflow at 35% down
- −$2,917/mo
- Down payment to break even
- 79%
- Rate to break even
- Not reachable
53% under asking
$5,088/mo above the estimate
$758,400 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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