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1510 Seacoast

Dbottom 20%

Imperial Beach, CA 91932

$1,125,000

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: -$6,631/mo full cashflow at 20% down, 7.43% rate.

Works at $261,660 (77% under asking); even all cash loses money at asking.

Rent $3,142/mo from 8 leases of 1–3 bed condos & townhomes within 1 mi ($3,065–$3,663).

Beds

Baths

Sqft

1,253

Year Built

1978

Days on Market

168

Property Type

Condo

HOA/mo

$410

MLS ID

260012736SD

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

Virtual Tour

About This Property

Wake up to breathtaking panoramic ocean views from every room in this stunning corner-unit coastal condo! This beautifully updated 2 bedroom, 2 bathroom home captures endless blue water views, crashing waves, unforgettable sunsets, and coastline views stretching toward Point Loma. Designed for relaxed beachside living, the home features engineered wood and tile flooring throughout, beautifully remodeled bathrooms, and a gorgeous chef’s kitchen with quartz countertops and custom-built cabinetry. Step outside onto either of the two private balconies and enjoy the fresh ocean breeze while taking in the spectacular scenery. Located just seconds from the sand and only a short bike ride to restaurants, parks, and the pier, this is the ultimate opportunity to experience the Southern California coastal lifestyle. Complete with a 1-car garage and an additional parking space.

Mortgage Calculator

Est. Monthly Payment

$8,113

Principal & Interest$6,250

Property Tax$1,125

Insurance$328

HOA$410

Down Payment

%($225,000)

Interest Rate

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

$3,142

Comp Average

$3,513

152 Evergreen Ave

2bd / 2ba · 1,114 sqft · Condo

$725K

Est. $3,130/mo

1230 Seacoast Drive

2bd / 2ba · 1,392 sqft · Condo

$900K

Est. $3,918/mo

725 Seacoast Drive

2bd / 2.5ba · 1,232 sqft · Townhouse

$1.20M

Est. $3,829/mo

1514 Seacoast

2bd / 2ba · 1,253 sqft · Condo

$999K

Est. $3,142/mo

714 Seacoast

2bd / 2ba · 1,211 sqft · Condo

$1.25M

Est. $3,545/mo

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

Investment Score

Est. Monthly Rent

$3,142

8 leases of 1–3 bed condos & townhomes within 1 mi · $3,065–$3,663

Blended 50/50 with the zip's market median ($2,918)

Monthly Cashflow

Rent − PITIA

-$4,971

Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,631

What would make this work?

$6,631/mo short at 20% down; +$8,612/mo rent closes it.

Break-even price: $261,660
Break-even rent: $11,754/mo
Cashflow at 35% down: −$5,459/mo
Down payment to break even: Not reachable
Rate to break even: Not reachable

Mortgage (P+I)

$6,250

Cap Rate

-0.24%

Cash-on-Cash

-35.37%

DSCR

Need ≥ 1.25 for DSCR loan

0.39

NOI (Annual)

-$2,689

Price-to-Rent

Lower = better for investors

29.8

* 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−$6,631/mo