1362 Seacoast Dr #F
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1362 Seacoast Dr #F

Dbottom 20%

Imperial Beach, CA 91932

$1,399,000
STR: check · Imperial Beach: confirm the zone · TOT 14%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$7,916/mo full cashflow at 20% down, 7.43% rate.

Works at $368,436 (74% under asking); even all cash loses money at asking.

Rent $4,564/mo from 9 leases of 2–4 bed condos & townhomes within 1 mi ($3,659–$4,162).

Beds

3

Baths

2.5

Sqft

1,759

Year Built

1992

Days on Market

145

Property Type

Condo

HOA/mo

$685

MLS ID

260014767SD

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

Virtual Tour

About This Property

Live directly above the sand with Pacific Ocean views in this beautifully positioned corner residence. Designed to live more like a private coastal home than a traditional beach condo, the single-level floor plan offers ocean views from the kitchen, dining, and living areas, creating a seamless connection to the coastline. The open-concept living room with fireplace flows onto a wraparound balcony overlooking the beach, providing the perfect setting to savor fresh sea breezes, dramatic sunsets, and endless views. The spacious layout includes a generous primary suite with walk-in closet and ensuite bath, along with two additional oversized bedrooms connected by a shared bath, offering flexibility and comfort for hosting guests, multigenerational living, or those seeking generous private spaces. A full-size laundry room, ample storage, elevator access, and two side-by-side secured parking spaces provide everyday convenience seldom found in oceanfront properties. With direct beach access, the ease of lock-and-leave living, and just nine homes, this intimate boutique complex offers a distinctive coastal setting where the sun sets over the Pacific Ocean each evening. Additional features include – 1,759 SF of living space, floor-to-ceiling windows, high ceilings, plank flooring, and abundant natural light throughout. An open kitchen with gas stove, and counter seating, dining area with an ocean view, while the primary suite includes a walk-in closet and ensuite bath and separate shower. Two additional bedrooms enjoy views of the estuary and Mexico. A powder room. Full-size closets, a dedicated laundry room, pantry, utility storage, built-in living room cabinetry, motorized window coverings, and freshly painted interiors. Sea Ranch amenities include secure entry, underground parking with remote gate, protective seawall, and direct access to the sand. From this extraordinary location, the coastline unfolds from Point Loma to Mexico including views of the Coronado Islands, IB Pier, and Downtown City Skyline. Designed for comfort beyond a vacation retreat, this residence is equally well-suited for full-time coastal living or as a compelling investment opportunity. Come see what the unit, the location and the community has to offer. Located on an oceanfront cul-de-sac, moments from the Imperial Beach Pier, scenic trails, local dining, and the vibrant coastal lifestyle.

Mortgage Calculator

Est. Monthly Payment

$10,264

Principal & Interest$7,772
Property Tax$1,399
Insurance$408
HOA$685
%($279,800)
%
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

1D
Est. Monthly Rent
$4,564

9 leases of 2–4 bed condos & townhomes within 1 mi · $3,659–$4,162

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$5,700
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,916

What would make this work?

$7,916/mo short at 20% down; +$10,280/mo rent closes it.

Break-even price

74% under asking

$368,436
Break-even rent

$10,280/mo above the estimate

$14,844/mo
Cashflow at 35% down
−$6,458/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,772
Cap Rate
0.07%
Cash-on-Cash
-33.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.44

NOI (Annual)
$1,016
Price-to-Rent

Lower = better for investors

25.5

* 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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DCashflow−$7,916/mo