1250 Connecticut St
1 / 20

1250 Connecticut St

Ctop 80%

Imperial Beach, CA 91932

$998,000

Pass at asking: -$4,472/mo full cashflow at 20% down, 7.43% rate.

Works at $415,793 (58% under asking), or at 85% down.

Rent $4,147/mo from 11 leases of 3-bed houses within 1 mi ($3,750–$4,595).

Beds

3

Baths

2

Sqft

1,413

Year Built

1983

Days on Market

125

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2605158

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

Virtual Tour

About This Property

BRING AN OFFER for this stunning top-to-bottom remodel, located on one of the top five streets in IB! This neighborhood has long been admired for its collection of distinctive homes, larger lots, and custom renovations that reflect the personalities of their owners. Rather than rows of similar houses, you'll find an established neighborhood where architectural character, thoughtful upgrades, and timeless appeal create one of Imperial Beach's most desirable places to call home. And just a few short blocks from the beach. From the moment you step inside, you'll feel the difference. Thoughtfully reimagined with an open, feng shui-inspired floorplan, the walls have been opened to create an effortless flow where natural light fills every room and every space feels inviting. At the heart of the home is an extraordinary glass-enclosed sunroom, an expansive bonus living area surrounded by walls of glass that seamlessly blends indoor comfort with outdoor beauty, creating the perfect place to entertain, relax, or simply unwind. Every finish has been intentionally selected to create an atmosphere of warmth, comfort, and understated elegance. Wide-plank luxury vinyl flooring flows throughout the home, while custom designer lighting adds style and ambiance at every turn. On those rare cool evenings along the coast, gather around the authentic red brick fireplace, a timeless centerpiece that brings both character and warmth to the living room. The beautifully designed kitchen is both functional and inspiring, featuring stainless steel appliances, a farmhouse sink, quartz countertops, and a stunning pearlescent blue subway tile backsplash that perfectly complements the home's coastal aesthetic. Every meal becomes a pleasure in a space where beauty and practicality come together. The spa-inspired bathrooms have been thoughtfully remodeled with high-end finishes that create a peaceful retreat at the end of each day, while every detail throughout the home reflects careful craftsmanship and intentional design. Step outside onto an expansive refinished deck, a backyard with alley access and a surfboard outdoor shower to wrap up a day at the beach! Whether you're hosting summer barbecues, creating your own backyard oasis, gardening, or simply enjoying the beautiful San Diego weather, this outdoor space is ready for whatever lifestyle you envision. Completing the home is a true two-car garage, additional driveway parking, and an unbeatable location just minutes from local restaurants, shopping, schools, parks, the beach, and the best of Imperial Beach. This isn't simply a beautifully remodeled home. It's the kind of place where everyday life feels a little more relaxed, a little more elegant, and exactly where you'll want to come home.

Mortgage Calculator

Est. Monthly Payment

$6,833

Principal & Interest$5,544
Property Tax$998
Insurance$291
%($199,600)
%
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

21C
Est. Monthly Rent
$4,147

11 leases of 3-bed houses within 1 mi · $3,750–$4,595

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,686
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,472

What would make this work?

$4,472/mo short at 20% down; 85% down or +$5,808/mo rent closes it.

Break-even price

58% under asking

$415,793
Break-even rent

$5,808/mo above the estimate

$9,955/mo
Cashflow at 35% down
−$3,432/mo
Down payment to break even

$848,300 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,544
Cap Rate
1.54%
Cash-on-Cash
-26.88%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$15,358
Price-to-Rent

Lower = better for investors

20.1

* 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−$4,472/mo