1365 Seacoast Dr #E
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1365 Seacoast Dr #E

Btop 30%

Imperial Beach, CA 91932

$564,900
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: -$2,538/mo full cashflow at 20% down, 7.43% rate.

Works at $234,581 (58% under asking), or at 85% down.

Rent $3,338/mo from 9 leases of 2–4 bed condos & townhomes within 1 mi ($2,991–$3,401).

Beds

3

Baths

2

Sqft

1,175

Year Built

1973

Days on Market

440

Property Type

Condo

HOA/mo

$769

MLS ID

PTP2506543

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

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About This Property

Biggest unit in the building! Top floor end unit! Experience the ultimate beach living in this newly remodeled 3-bedroom, 2-bathroom, 1175 sqft condominium! Light and bright with lots of windows and views out three sides. Located just across the street from the beach, this property offers unparalleled access to the shoreline and breathtaking views of the Tijuana Estuary National Wildlife Refuge and Imperial Beach with a peek-a-boo ocean view! Modern updates throughout, including new flooring, fixtures, and finishes. Plenty of room to relax and entertain. Kitchen features stainless steel appliances and ample granite counter space. A master bedroom with an en-suite bathroom, a walk-in closet, sitting area, plus a bonus room! Two Additional Bedrooms are perfect for guests, family, or a home office. Both bathrooms have been beautifully updated with contemporary fixtures and finishes. Pets allowed with restrictions.

Mortgage Calculator

Est. Monthly Payment

$4,637

Principal & Interest$3,138
Property Tax$565
Insurance$165
HOA$769
%($112,980)
%
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

41B
Est. Monthly Rent
$3,338

9 leases of 2–4 bed condos & townhomes within 1 mi · $2,991–$3,401

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,299
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,538

What would make this work?

$2,538/mo short at 20% down; 85% down or +$3,296/mo rent closes it.

Break-even price

58% under asking

$234,581
Break-even rent

$3,296/mo above the estimate

$6,634/mo
Cashflow at 35% down
−$1,949/mo
Down payment to break even

$480,165 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,138
Cap Rate
1.63%
Cash-on-Cash
-26.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$9,210
Price-to-Rent

Lower = better for investors

14.1

* 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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BCashflow−$2,538/mo