119 Date Ave
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119 Date Ave

Ctop 80%

Imperial Beach, CA 91932

$1,525,000

Pass at asking: -$8,086/mo full cashflow at 20% down, 7.43% rate.

Works at $472,164 (69% under asking), or at 97% down.

Rent $4,710/mo from 8 leases of 2–4 bed condos & townhomes within 0.5 mi ($3,662–$4,377).

Beds

3

Baths

3

Sqft

1,789

Year Built

2023

Days on Market

109

Property Type

Townhouse

HOA/mo

N/A

MLS ID

260018233SD

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

Virtual Tour

About This Property

Welcome to the beach home you've been waiting for! Less than one block from the beach, 119 Date Ave embodies the very best of Southern California coastal living, blending modern architecture, elevated finishes, and effortless indoor-outdoor living in one of Imperial Beach's most desirable locations. Completed in 2023, this beautifully crafted residence offers approximately 1,789 square feet of thoughtfully designed living space, featuring three bedrooms and three full bathrooms. The light-filled open-concept floor plan showcases custom bamboo cabinetry, porcelain tile flooring, designer fixtures, and thoughtfully curated finishes that create a warm, sophisticated atmosphere. A 3-inch airspace separation and independent foundation provide the privacy and feel of a detached home. Above it all, an expansive private rooftop patio offers sweeping ocean views and provides the perfect setting for morning coffee, unforgettable sunsets, or dining under the stars around the built-in BBQ. Leave the car behind and embrace one of San Diego's most walkable beach communities. Stroll to the shoreline, the pier, Mike Hess Brewing, local cafés, boutiques, and more - all just moments from your front door. Whether you're searching for a full-time residence, weekend retreat, or investment opportunity, 119 Date Ave delivers the perfect balance of modern luxury and laid-back coastal living.

Mortgage Calculator

Est. Monthly Payment

$10,442

Principal & Interest$8,472
Property Tax$1,525
Insurance$445
%($305,000)
%
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

5C
Est. Monthly Rent
$4,710

8 leases of 2–4 bed condos & townhomes within 0.5 mi · $3,662–$4,377

Blended 50/50 with a property-level estimate

A property-level estimate runs more than 25% above what comparable homes leased for ($4,003). Treat this rent with extra care.

Monthly Cashflow

Rent − PITIA

-$5,732
Full Cashflow

Incl. vacancy, PM, maint, capex

-$8,086

What would make this work?

$8,086/mo short at 20% down; 97% down or +$10,501/mo rent closes it.

Break-even price

69% under asking

$472,164
Break-even rent

$10,501/mo above the estimate

$15,211/mo
Cashflow at 35% down
−$6,498/mo
Down payment to break even

$1,479,250 cash

97%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$8,472
Cap Rate
0.49%
Cash-on-Cash
-31.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.45

NOI (Annual)
$7,456
Price-to-Rent

Lower = better for investors

27.0

* 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−$8,086/mo