$477,000
●
House -
Off Market
1219 Downing St
Imperial Beach, CA 91932
3 Beds
1 Bath
895 Ft²
$826,515
RealtyHop Estimate
60.52%
Since Apr 1, 2019
CA-San Diego
Primary Model
About This Property
Welcome to Imperial Beach! This 3 bedroom, 1 bathroom, 895sqft home
sits on a 6300sqft lot. New shops and restaurants are all within a
mile, not to mention the home is just 10 blocks from the beach.
Situated in a quite neighborhood, this home is a perfect
opportunity for a family looking to add some equity to their home,
or for the new owner to build a granny flat, or add square footage
for additional rental income. This home offers so much potential.
Neighborhoods: Imperial Beach Equipment: Dryer,Garage Door
Opener, Shed(s), Washer Other Fees: 0 Sewer: Public Sewer
Unit Size
895 Ft²
Days on Market
42 days
Land Size
0.15 acres
Price per sqft
$575
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #190004729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2019 | Sold | ||
| Sold | |||
| Jan 24, 2019 | Listed by Keller Williams SD Metro | $514,900 | |
| Listed by Keller Williams SD Metro | |||
| Jan 21, 2019 | No longer available | - | |
| No longer available | |||
| Dec 16, 2018 | Price Decreased |
$514,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Dec 9, 2018 | Price Decreased |
$524,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southern San Diego
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Listed by: Brandon Stanfield, Keller Williams SD Metro
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190004729
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190004729
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