466 Calla Ave
Ctop 80%Imperial Beach, CA 91932
Pass at asking: -$5,820/mo full cashflow at 20% down, 7.43% rate.
Works at $491,183 (61% under asking), or at 88% down.
Rent $4,899/mo from 11 leases of 3–5 bed houses within 1 mi ($4,462–$5,466).
Beds
4
Baths
2
Sqft
2,000
Year Built
1953
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026588SD
This property is in Imperial Beach (91932). Browse neighborhood analytics →
About This Property
A FRESH OPPORTUNITY FOR COASTAL LIVING just 3 BLOCKS FROM THE BEACH! This beautifully updated property pairs a SPACIOUS FRONT RESIDENCE with a DETACHED 1 BEDROOM, 1 BATH ADU WITH A FULL KITCHEN, offering the flexibility to bring your coastal vision to life. Make the larger front home your own and welcome extended family into the back unit, or rent the ADU for additional income. Ideal for MULTIGENERATIONAL LIVING, GUESTS, or a private workspace. Both residences have been thoughtfully upgraded with REMODELED KITCHENS AND BATHROOMS, STAINLESS STEEL APPLIANCES, AIR CONDITIONING, FIREPLACES, and PRIVATE BEDROOM ENTRANCES. Additional improvements include a NEW ROOF, TANKLESS WATER HEATER, and UPDATED PLUMBING (2023). Step outside to a LOW MAINTENANCE BACKYARD featuring AUTOMATIC IRRIGATION, GAS HOOKUPS for a BBQ and future spa, and inviting outdoor space perfect for relaxing or entertaining family and friends. Enjoy an unbeatable location just minutes from the IMPERIAL BEACH PIER, local restaurants, breweries, shopping, and the BAYSHORE BIKEWAY, with easy access to Coronado and Downtown San Diego. Rediscover the possibilities of a beach home with room for loved ones and rental income potential, bringing together LIFESTYLE, FLEXIBILITY, and LONG TERM VALUE in one of San Diego's premier beach communities.
Mortgage Calculator
Est. Monthly Payment
$8,552
Location
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Comparable Properties
5 comps foundThis Property
$4,899
Comp Average
$4,464
946 11th
4bd / 2.5ba · 1,933 sqft · Single Family
$765K
Est. $4,497/mo
857 Holly Ave
4bd / 2ba · 1,868 sqft · Single Family
$850K
Est. $4,335/mo
1165 East Lane
4bd / 2ba · 1,850 sqft · Single Family
$960K
Est. $4,548/mo
1016 Delaware St
4bd / 2.5ba · 1,799 sqft · Single Family
$1.10M
Est. $4,447/mo
1251 Cypress Avenue
4bd / 3.5ba · 2,030 sqft · Single Family
$1.25M
Est. $4,495/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 3–5 bed houses within 1 mi · $4,462–$5,466
Blended 50/50 with the zip's market median ($4,690)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,820/mo short at 20% down; 88% down or +$7,559/mo rent closes it.
- Break-even price
- $491,183
- Break-even rent
- $12,458/mo
- Cashflow at 35% down
- −$4,519/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$7,559/mo above the estimate
$1,099,120 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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