239 Ebony Avenue #6
Atop 10%Imperial Beach, CA 91932
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$1,793/mo full cashflow at 20% down, 7.43% rate.
Works at $215,597 (52% under asking), or at 78% down.
Rent $2,487/mo from 9 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($2,596–$3,010). Previously leased for $2,400.
Beds
2
Baths
1
Sqft
920
Year Built
1972
Days on Market
57
Property Type
Condo
HOA/mo
$259
MLS ID
PTP2606972
This property is in Imperial Beach (91932). Browse neighborhood analytics →
About This Property
This 2-bedroom, 1-bath second-level condo is located just a block and a half from Imperial Beach. It features spacious bedrooms with large closets, carpet throughout, and a kitchen with stainless steel appliances. Large windows bring in plenty of natural light, making the space feel bright and comfortable while offering views to the estuary from the dining room and bedroom. Other great features include a stackable washer and dryer inside the unit and an assigned parking space located directly behind your home. Leave the car behind and walk or bike to the beach, pier, restaurants, and public transportation. Enjoy everything Imperial Beach has to offer while still being just a 15-minute drive to Coronado and less than 30 minutes to Downtown San Diego. A great opportunity to enjoy the beach lifestyle in a convenient location!
Mortgage Calculator
Est. Monthly Payment
$3,333
Location
Loading map...
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 foundThis Property
$2,487
Comp Average
$2,561
940 Calla Avenue
2bd / 1.5ba · 960 sqft · Condo
$389K
Est. $2,846/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
1340 Holly Avenue
2bd / 1ba · 800 sqft · Condo
$440K
Est. $2,306/mo
1111 Seacoast Drive
2bd / 2ba · 876 sqft · Condo
$680K
Est. $2,427/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Previously leased for $2,400
9 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $2,596–$3,010
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,793/mo short at 20% down; 78% down or +$2,328/mo rent closes it.
- Break-even price
- $215,597
- Break-even rent
- $4,815/mo
- Cashflow at 35% down
- −$1,325/mo
- Down payment to break even
- 78%
- Rate to break even
- Not reachable
52% under asking
$2,328/mo above the estimate
$350,220 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.
Open Full Calculator