
413 Delaware St
Ctop 80%Imperial Beach, CA 91932
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$6,639/mo full cashflow at 20% down, 7.43% rate.
Works at $434,573 (67% under asking), or at 94% down.
Rent $4,335/mo from 13 leases of 2–4 bed houses within 1 mi ($4,300–$4,792).
Beds
3
Baths
2.5
Sqft
1,945
Year Built
2024
Days on Market
214
Property Type
Single Family
HOA/mo
N/A
MLS ID
260008569SD
This property is in Imperial Beach (91932). Browse neighborhood analytics →
About This Property
Welcome to this stunning 2024-built luxury residence, perfectly positioned steps from the Silver Strand Bikeway. This innovative 2-story detached house on a cloud condo plot is thoughtfully designed for multi-generational living, with a self-contained lower level featuring a kitchenette, bedroom, full bathroom, custom stamped concrete, and a service elevator. The main spaces showcase exceptional refinement. The upstairs kitchen has custom soft close cabinets/drawers, quartz counters with glass backsplash, large island with prep sink, overhead chandelier, 48” 6 burner gas stove with grill 48” hood; bar featuring quartz counters with waterfall edges, wine storage/drink cooler, prep sink; lights in all upper glass storage cabinets, lights under counters, and stainless steel appliances. Upstairs, two bedrooms and a luxurious principal suite with a full bathroom featuring a bidet and vanities provide comfortable retreats. Nine-foot ceilings and vinyl wood floor planks. Dual laundry areas and Cat6 wiring throughout reflect modern convenience and thoughtful planning. Two balconies frame stunning water views, while an exclusive roof deck offers breathtaking 360-degree vistas of the Pacific Ocean, downtown skyline, and coastal landscape—perfect for entertaining or peaceful evenings. Premium amenities complete this exceptional property: tankless water heater, above-ground swim spa, 2-car garage, and EV charging connection. The roof deck is hookup-ready for electricity, gas, and water, ensuring this home grows with your needs. No HOA fees.
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Est. Monthly Payment
$8,894
Location
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Zoned Schools
Elementary
Bayside STEAM Academy · grades K-6 · 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
$4,335
Comp Average
$4,467
857 Holly Ave
4bd / 2ba · 1,868 sqft · Single Family
$850K
Est. $4,339/mo
1165 East Lane
4bd / 2ba · 1,850 sqft · Single Family
$960K
Est. $4,488/mo
1251 Cypress Avenue
4bd / 3.5ba · 2,030 sqft · Single Family
$1.25M
Est. $4,501/mo
466 Calla Ave
4bd / 2ba · 2,000 sqft · Single Family
$1.25M
Est. $4,442/mo

140 Imperial Beach Blvd
3bd / 3ba · 1,778 sqft · Single Family
$1.58M
Est. $4,563/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 2–4 bed houses within 1 mi · $4,300–$4,792
Blended 50/50 with the zip's market median ($4,193)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,639/mo short at 20% down; 94% down or +$8,622/mo rent closes it.
- Break-even price
- $434,573
- Break-even rent
- $12,957/mo
- Cashflow at 35% down
- −$5,286/mo
- Down payment to break even
- 94%
- Rate to break even
- Not reachable
67% under asking
$8,622/mo above the estimate
$1,221,060 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.
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