1451 louden Lane
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 10, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by New Morning Inc | $1,049,000 | |
| Listed by New Morning Inc | |||
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1451 Louden Lane is offered at a list price range between $995,000 - $1,049,000. | Home features a 4 Bed / 3 Bath | Main Home + Permitted ADU | Optional VA Assumable Loan at 4.125% (*if qualified) Welcome to one of the most versatile offerings in this sought-after Imperial Beach coastal community. Located just south down the strand to world famous Coronado and Hotel Del, this beautifully renovated 3-bedroom, 2-bathroom home (1,646 sqft) comes paired with a fully permitted, brand-new detached ADU (440 sqft) — giving you 4 bedrooms and 3 bathrooms totaling 2,086sqft. across two separate structures, each with its own private yard and address. The main home was thoughtfully updated in 2022 with vaulted living room ceilings, recessed lighting, and an open-concept kitchen that flows seamlessly into the dining area. A large slider leads to a low-maintenance turf backyard, ideal for entertaining. The primary suite features a fully renovated en-suite, and two additional bedrooms offer flexibility for family, guests, or a home office. The detached ADU, built in 2023 to the highest standards, is a standout income-producing asset. Previously rented at $2,500/month, it features a private entrance, in-unit laundry, its own fenced turf yard with alley access, a tankless water heater, and sub-metered electric and water for easy tenant billing. A rare assumable VA loan at 4.125% — well below today's market rates — makes this an even more compelling opportunity for qualified buyers. Whether you're an owner-occupant looking to offset your mortgage or an investor seeking strong coastal cash flow, this property delivers as it is in high demand.
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| May 17, 2013 | Sold | ||
| Sold | |||
| Apr 21, 2013 | Listed by Coldwell Banker Res. Brokerage | $325,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017