1165 East Lane
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1165 East Lane

Ctop 80%

Imperial Beach, CA 91932

$960,000

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 →

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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.

Mortgage Calculator

Est. Monthly Payment

$6,573

Principal & Interest$5,333
Property Tax$960
Insurance$280
%($192,000)
%
Loan Term

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.

Investment Score

32C
Est. Monthly Rent
$4,488

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

Monthly Cashflow

Rent − PITIA

-$2,085
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,917

What would make this work?

$3,917/mo short at 20% down; 79% down or +$5,088/mo rent closes it.

Break-even price

53% under asking

$449,976
Break-even rent

$5,088/mo above the estimate

$9,576/mo
Cashflow at 35% down
−$2,917/mo
Down payment to break even

$758,400 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,333
Cap Rate
2.05%
Cash-on-Cash
-24.48%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$19,682
Price-to-Rent

Lower = better for investors

17.8

* 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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CCashflow−$3,917/mo