1680 Seacoast Drive #B
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1680 Seacoast Drive #B

Dbottom 20%

Imperial Beach, CA 91932

$915,000
NEW — 1d
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: -$5,395/mo full cashflow at 20% down, 7.36% rate.

Works at $209,127 (77% under asking); even all cash loses money at asking.

Rent $2,660/mo from 15 leases of 2-bed condos & townhomes within 2 mi ($2,215–$2,582).

Beds

2

Baths

2

Sqft

806

Year Built

1964

Days on Market

1

Property Type

Condo

HOA/mo

$450

MLS ID

PTP2608360

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

Virtual Tour

About This Property

Enjoy the beauty of beachfront living in this beautifully renovated 2-bedroom, 2-bathroom home. Thoughtfully remodeled from top to bottom, the property features new a brand new kitchen with beautiful stainless steel appliances, new electrical wiring throughout the home, plumbing, flooring, lighting, and appliances including a convenient washer/dryer combo. The custom built-in closets add both style and plenty of storage. With nothing left to do but move in and enjoy, this home is an excellent opportunity for buyers looking for a move-in-ready coastal retreat. The low HOA fee covers the cost water and trash, adding even more value and convenience. Located toward the end of Seacoast Drive, the property offers a little extra privacy while keeping you right in front of the beach. Whether you're a first-time homebuyer dreaming of coastal living, looking for a peaceful retirement home, or searching for the perfect vacation getaway or second home, this beautifully updated property offers a wonderful opportunity to enjoy the best of beachfront living.

Mortgage Calculator

Est. Monthly Payment

$6,680

Principal & Interest$5,048
Property Tax$915
Insurance$267
HOA$450
%($183,000)
%
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

0D
Est. Monthly Rent
$2,660

15 leases of 2-bed condos & townhomes within 2 mi · $2,215–$2,582

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

Monthly Cashflow

Rent − PITIA

-$4,020
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,395

What would make this work?

$5,395/mo short at 20% down; +$7,006/mo rent closes it.

Break-even price

77% under asking

$209,127
Break-even rent

$7,006/mo above the estimate

$9,666/mo
Cashflow at 35% down
−$4,448/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)
$5,048
Cap Rate
-0.28%
Cash-on-Cash
-35.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.40

NOI (Annual)
-$2,560
Price-to-Rent

Lower = better for investors

28.7

* Modelled at 20% down, 7.36% 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−$5,395/mo