1340 Holly Avenue #9
Btop 30%Imperial Beach, CA 91932
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$1,982/mo full cashflow at 20% down, 7.43% rate.
Works at $181,847 (59% under asking), or at 85% down.
Rent $2,306/mo from 9 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,142–$2,796). Previously leased for $2,295.
Beds
2
Baths
1
Sqft
800
Year Built
1979
Days on Market
127
Property Type
Condo
HOA/mo
$379
MLS ID
PTP2605078
This property is in Imperial Beach (91932). Browse neighborhood analytics →
About This Property
Assumable VA loan or possible subject-to opportunity! Welcome to your new home in the heart of Imperial Beach! This move-in-ready property features brand-new flooring and new carpet, creating a fresh, modern feel throughout. Ideally located just minutes from the Imperial Beach Pier, Silver Strand State Beach, Coronado, shopping, dining, and the U.S.-Mexico Border. Whether you're a first-time homebuyer, investor, or simply looking to enjoy coastal living, this home is an opportunity you won't want to miss.
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Est. Monthly Payment
$3,392
Location
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Zoned Schools
Elementary
Oneonta Elementary · grades K-6 · 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
$2,306
Comp Average
$2,526
1274 Holly Ave.
2bd / 2ba · 735 sqft · Condo
$399K
Est. $2,537/mo
239 Ebony Avenue
2bd / 1ba · 920 sqft · Condo
$449K
Est. $2,487/mo
1328 Iris Avenue
2bd / 1ba · 798 sqft · Condo
$449K
Est. $2,384/mo
1220 Seacoast Drive
2bd / 1ba · 909 sqft · Condo
$510K
Est. $2,844/mo
1328 Iris Ave
2bd / 1ba · 794 sqft · Condo
$470K
Est. $2,379/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Previously leased for $2,295
9 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,142–$2,796
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,982/mo short at 20% down; 85% down or +$2,575/mo rent closes it.
- Break-even price
- $181,847
- Break-even rent
- $4,881/mo
- Cashflow at 35% down
- −$1,524/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
59% under asking
$2,575/mo above the estimate
$373,999 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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