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1224 Louden
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1224 Louden

Ctop 80%

Imperial Beach, CA 91932

$899,999
NEW — 0d
STR: check · Imperial Beach: confirm the zone · TOT 14%

Pass at asking: -$3,680/mo full cashflow at 20% down, 7.43% rate.

Works at $420,733 (53% under asking), or at 79% down.

Rent $4,197/mo from 11 leases of 3-bed houses within 1 mi ($3,670–$4,496).

Beds

3

Baths

2

Sqft

1,353

Year Built

1990

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026756SD

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

About This Property

Beautifully remodeled 3-bedroom, 2-bath beach-inspired home in the heart of Imperial Beach. This turnkey single-story residence features an open-concept floor plan filled with natural light, a designer kitchen with waterfall island, wine refrigerator, pot filler, and modern finishes throughout. The private backyard is an entertainer’s dream with a sparkling pool, spa, and spacious patio areas. Situated on a 6,600 sq. ft. lot just minutes from the beach, pier, parks, schools, and dining, this home offers the perfect blend of laid-back beach living and contemporary style. Attached 2-car garage and ample parking complete this exceptional opportunity. Staging has been removed.

Mortgage Calculator

Est. Monthly Payment

$6,162

Principal & Interest$5,000
Property Tax$900
Insurance$262
%($180,000)
%
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.

Comparable Properties

5 comps found

This Property

$4,197

vs

Comp Average

$3,978

1325 5th St

1325 5th St

3bd / 2ba · 1,344 sqft · Single Family

$819K

Est. $4,195/mo

831 Hickory Ct.

831 Hickory Ct.

3bd / 3ba · 1,420 sqft · Single Family

$799K

Est. $3,784/mo

1250 Connecticut St

1250 Connecticut St

3bd / 2ba · 1,413 sqft · Single Family

$998K

Est. $4,147/mo

302 Calla Avenue

302 Calla Avenue

3bd / 2ba · 1,300 sqft · Single Family

$1.01M

Est. $4,192/mo

1431 California Steet

1431 California Steet

3bd / 2ba · 1,208 sqft · Single Family

$950K

Est. $3,574/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

34C
Est. Monthly Rent
$4,197

11 leases of 3-bed houses within 1 mi · $3,670–$4,496

Blended 50/50 with the zip's market median ($4,193)

Monthly Cashflow

Rent − PITIA

-$1,965
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,680

What would make this work?

$3,680/mo short at 20% down; 79% down or +$4,779/mo rent closes it.

Break-even price

53% under asking

$420,733
Break-even rent

$4,779/mo above the estimate

$8,976/mo
Cashflow at 35% down
−$2,743/mo
Down payment to break even

$710,999 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable
Mortgage (P+I)
$5,000
Cap Rate
2.04%
Cash-on-Cash
-24.53%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
NOI (Annual)
$18,355
Price-to-Rent

Lower = better for investors

17.9

* 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−$3,680/mo