270 Dahlia Ave #5
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270 Dahlia Ave #5

Btop 30%

Imperial Beach, CA 91932

$630,000
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: -$2,732/mo full cashflow at 20% down, 7.43% rate.

Works at $274,385 (56% under asking), or at 83% down.

Rent $3,568/mo from 14 leases of 2–4 bed condos & townhomes within 1 mi ($3,157–$3,568).

Beds

3

Baths

2

Sqft

1,280

Year Built

1985

Days on Market

169

Property Type

Condo

HOA/mo

$640

MLS ID

PTP2603986

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

Virtual Tour

About This Property

Welcome to this beautifully remodeled coastal condo just two blocks from the sand in the heart of Imperial Beach. Recently appraised at $680,000; now offered at $630,000, this is a rare opportunity to own a turn-key home priced well below current market value. The kitchen is the showpiece. A $65K designer remodel with custom cabinetry, quartz countertops, floating shelves, wine fridge, espresso bar, and all high end finishes. New luxury vinyl plank flooring thru-out the unit, complemented by fresh paint, updated fixtures, and a thoughtfully designed OPEN layout that lives larger than the square footage suggests. Take the recently refurbished elevator to the shared rooftop deck and savor the unobstructed ocean views, year round coastal breezes, and the kind of sunsets that remind you why you moved to the beach in the first place. Watch the surf at sunrise, grill with neighbors at sunset, and enjoy a true coastal lifestyle just steps from your front door. Summer Sea is a 24 unit community that completed its SB326 balcony life safety inspection with no active safety concerns and recently invested in significant building improvements including south side siding and plumbing infrastructure. The community is VA approved. Imperial Beach is San Diego's last authentic beach town. Quieter than Pacific Beach, more affordable than Coronado, with the same Pacific Ocean out your front door. You'll be walking distance to the pier, restaurants, shopping, and the new Bikeway Village. Naval Base Coronado, NAB Coronado, and Naval Base San Diego are all an easy commute. Full HOA financial disclosures and appraisal documentation are available to qualified buyers and their agents upon request. Sellers motivated, all reasonable offers considered.

Mortgage Calculator

Est. Monthly Payment

$4,954

Principal & Interest$3,500
Property Tax$630
Insurance$184
HOA$640
%($126,000)
%
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

41B
Est. Monthly Rent
$3,568

14 leases of 2–4 bed condos & townhomes within 1 mi · $3,157–$3,568

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,386
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,732

What would make this work?

$2,732/mo short at 20% down; 83% down or +$3,547/mo rent closes it.

Break-even price

56% under asking

$274,385
Break-even rent

$3,547/mo above the estimate

$7,115/mo
Cashflow at 35% down
−$2,075/mo
Down payment to break even

$522,900 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,500
Cap Rate
1.80%
Cash-on-Cash
-26.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$11,361
Price-to-Rent

Lower = better for investors

14.7

* 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−$2,732/mo