505 Turnstone
Btop 30%Imperial Beach, CA 91932
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,957/mo full cashflow at 20% down, 7.43% rate.
Works at $364,005 (51% under asking), or at 77% down.
Rent $4,002/mo from 16 leases of 2–4 bed condos & townhomes within 1 mi ($3,412–$3,906).
Beds
3
Baths
2.5
Sqft
1,544
Year Built
2018
Days on Market
74
Property Type
Condo
HOA/mo
$286
MLS ID
260021137SD
This property is in Imperial Beach (91932). Browse neighborhood analytics →
About This Property
Welcome to 505 Turnstone Lane, a beautifully situated home in the coastal community of Imperial Beach. This inviting residence offers a comfortable blend of style, functionality, and Southern California living. Ideally located near the beach, bay, local dining, shopping, and outdoor recreation, this home puts the best of Imperial Beach within easy reach. Enjoy the coastal lifestyle while being conveniently connected to surrounding San Diego communities. Inside, the home offers a welcoming layout with thoughtfully designed living spaces, natural light, and plenty of room to relax or entertain. The property provides an excellent opportunity to enjoy everything Imperial Beach has to offer in a desirable residential setting. Whether you're looking for a primary residence, coastal getaway, or investment opportunity, 505 Turnstone Lane is a wonderful place to call your own.
Mortgage Calculator
Est. Monthly Payment
$5,414
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
$4,002
Comp Average
$3,787
270 Dahlia Ave
3bd / 2ba · 1,280 sqft · Condo
$630K
Est. $3,568/mo
1345 Holly Ave
3bd / 2.5ba · 1,600 sqft · Townhouse
$699K
Est. $3,512/mo
Imperial Beach
3bd / 2.5ba · 1,544 sqft · Townhouse
$795K
Est. $3,801/mo
514 Surfbird Ln
4bd / 2.5ba · 1,760 sqft · Condo
$900K
Est. $4,134/mo
1230 Seacoast Drive
2bd / 2ba · 1,392 sqft · Condo
$900K
Est. $3,918/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
16 leases of 2–4 bed condos & townhomes within 1 mi · $3,412–$3,906
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,957/mo short at 20% down; 77% down or +$3,840/mo rent closes it.
- Break-even price
- $364,005
- Break-even rent
- $7,842/mo
- Cashflow at 35% down
- −$2,176/mo
- Down payment to break even
- 77%
- Rate to break even
- Not reachable
51% under asking
$3,840/mo above the estimate
$576,730 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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