734 Carolina Street
Ctop 80%Imperial Beach, CA 91932
Pass at asking: -$4,284/mo full cashflow at 20% down, 7.43% rate.
Works at $391,208 (59% under asking), or at 86% down.
Rent $3,902/mo from 8 leases of 2–4 bed houses within 0.5 mi ($3,316–$3,535).
Beds
3
Baths
2
Sqft
1,159
Year Built
1954
Days on Market
54
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2607061
This property is in Imperial Beach (91932). Browse neighborhood analytics →
About This Property
Beautifully renovated coastal property located close to the beach! This inviting 3-bedroom, 2-full-bath home offers a comfortable and functional floor plan featuring a spacious family room, updated kitchen, and dedicated laundry room. Recent upgrades include central air conditioning, a tankless water heater, and a new refrigerator, stove, and dishwasher. The property also features an attached 2-car garage and a private backyard complete with a built-in swimming pool, perfect for relaxing or entertaining. Enjoy the convenience of being close to both an elementary school and a high school, along with the lifestyle and appeal of living near the coast. New landscaping adds to the home's fresh and welcoming outdoor appeal. A wonderful opportunity to enjoy coastal living with modern updates and excellent amenities.
Mortgage Calculator
Est. Monthly Payment
$6,498
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.
Comparable Properties
5 comps foundThis Property
$3,902
Comp Average
$3,580
1139 Oneonta Ave
3bd / 2ba · 1,008 sqft · Single Family
$799K
Est. $3,273/mo
1211 9th St
3bd / 2ba · 1,188 sqft · Single Family
$850K
Est. $3,580/mo
1119 Oneonta Ave
3bd / 2ba · 1,008 sqft · Single Family
$820K
Est. $3,281/mo
302 Calla Avenue
3bd / 2ba · 1,300 sqft · Single Family
$1.01M
Est. $4,192/mo
1431 California Steet
3bd / 2ba · 1,208 sqft · Single Family
$950K
Est. $3,574/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 2–4 bed houses within 0.5 mi · $3,316–$3,535
Blended 50/50 with a property-level estimate
A property-level estimate runs more than 25% above what comparable homes leased for ($3,397). Treat this rent with extra care.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,284/mo short at 20% down; 86% down or +$5,564/mo rent closes it.
- Break-even price
- $391,208
- Break-even rent
- $9,466/mo
- Cashflow at 35% down
- −$3,296/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
59% under asking
$5,564/mo above the estimate
$816,140 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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