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1110 Iris Ave
Score
0
Imperial Beach, CA

1110 Iris Ave

834K
3 bd • 2 ba • 1,468 sf

This analysis was generated on 2/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$833,600

Price/Sq.Ft

$568

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Lower Crime Rates: Violent and property crime rates are lower than state and national averages. Violent crime is -4.5% vs state and -12.4% vs national, while property crime is -58.1% vs state and -49.7% vs national. The safety score of 62/100 is above average. • Potential Rental Income: With a potential monthly rental income of $3279 for a 3-bedroom property, this home presents an opportunity for investors. The median income in Imperial Beach is $68917. • Price per Square Foot: The price per square foot of $567.85 may be competitive compared to other properties in the area. Additional research is required to evaluate if the property is priced competitively. • Proximity to Amenities: While not explicitly stated, Imperial Beach offers access to beaches, parks, and other recreational amenities. Evaluate proximity to schools, shopping and other amenities.

The Bad

• Lack of Property Details: The absence of property features, description, and room details makes it difficult to assess the property's true value and condition. Buyers will need to conduct thorough due diligence to gather this information. • Unknown Year Built: The unknown year built makes it difficult to assess potential maintenance costs and the property's overall condition. Older homes may require more repairs and upgrades. • Limited Retail and Dining: Compared to neighboring communities, Imperial Beach offers fewer retail and dining options, which may be a drawback for some buyers.

The Ugly

• Environmental Concerns: Imperial Beach faces environmental challenges due to its proximity to the US-Mexico border. Cross-border pollution, including sewage runoff, can impact water quality and beach closures. The Tijuana River Valley is prone to flooding during heavy rains. • Aircraft Noise: The presence of Naval Outlying Landing Field Imperial Beach (NOLF IB) may result in aircraft noise, which could be a significant issue for some buyers. Research flight paths and frequency to understand the potential impact. • Limited Information: The lack of detailed property information makes it difficult to assess the property's true condition and potential maintenance costs. Buyers should conduct a thorough inspection and obtain all necessary disclosures. • Unclear Market Position: Without more detailed information on comparable sales and market trends, it's challenging to determine if the asking price of $833,600 is justified.

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Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Investors seeking rental income: With a potential monthly rental income of $3279 for a 3-bedroom property, this home presents an opportunity for a steady cash flow. Investors should analyze the local rental market and occupancy rates to determine potential ROI. • Buyers comfortable with Imperial Beach: Those familiar with the area's unique characteristics, including its proximity to the border and potential environmental concerns, may find this property suitable. • Buyers seeking single-story living: The property appears to be a single-story home, which can appeal to buyers seeking ease of access and mobility. • Buyers prioritizing safety: With lower violent and property crime rates compared to state and national averages, this property may appeal to safety-conscious buyers. Evaluate specific crime types and trends to confirm suitability.

Not For

• Buyers seeking detailed property information upfront: The lack of property features and description makes it difficult to assess the property's condition and suitability without further investigation. • Buyers sensitive to environmental concerns: Imperial Beach's proximity to the border and the Tijuana River Valley may raise concerns about pollution and flooding. • Buyers requiring a wide range of retail and dining options: Imperial Beach has limited retail and dining options compared to neighboring communities, which may not suit buyers seeking a more vibrant urban lifestyle. • Buyers with concerns about aircraft noise: The presence of Naval Outlying Landing Field Imperial Beach (NOLF IB) may result in aircraft noise, which could be a concern for some buyers.
Demographics
Area Median Income

$68,917

Property History

Price History
Ownership Timeline
$620,000Financed
Feb 24, 2020
Jeffrey C Giordano, Catherine M GiordanoDerek Edmund Hathaway, Nicole Elizabeth Boudah
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Aug 11, 2015
Jeffrey C Giordano, Catherine M GiordanoJeffrey C Giordano & Catherine Giordano, Catherine M Giordano
Intrafamily Transfer
Non-Arm's Length Transactions
$300,000Cash Purchase
Aug 11, 2014
Benjamin J Adkins, Judy T AdkinsJeffrey C Giordano, Catherine M Giordano
Grant Deed
Standard Sale (Purchase/Resales)

Market Insights

Real-time analysis of the local housing market

January 2025
Buyer's Market

In 91932, buyers currently have an advantage. Home prices are trending lower than usual and properties are staying on the market longer, giving you more options and better negotiating power.

$859,500
$616/sqft
5.2%
Change from last month
Your price: $834K (-3%)
Your price/sqft: $568/sqft (-8%)
64
7 sold last month
20.8%
Change from last month
31 days
Average for homes in this area
22.5%
Change from last month

Sale Price Distribution

Last month
1
Over Asking
homes
1
At Asking
homes
5
Under Asking
homes
Total: 7 homes sold

If you're buying a home in 91932, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Sale Time Distribution

Last month
5
Under 30 Days
homes
Your property
2
30-90 Days
homes
0
Over 90 Days
homes
Total: 7 homes sold

Many homes in 91932 are selling fast, if you're buying plan to act quickly.

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Risk Assessment

Safety Analysis

62/100
Good

Based on data from Imperial Beach Police Department

Total Crime Rate
557.5
per 100,000 residents
Violent Crime Rate
301.0
per 100,000 residents
Property Crime Rate
255.0
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
316
Property Crimes
274
2023
Violent Crimes
286
9.5%
Property Crimes
239
12.8%

Risk Analysis

• Environmental Risks: Proximity to the Tijuana River Valley poses flood risks, potentially impacting insurance rates and property values. Coastal erosion and sea level rise are long-term concerns for properties near the shoreline. A flood zone determination should be performed. • Border Proximity: Cross-border pollution and potential traffic congestion due to border patrol presence are ongoing issues. Air quality can be affected by industrial activity across the border, depending on wind patterns. • Limited Information: The lack of property details and a property description makes it difficult to assess the property's condition and potential maintenance costs. A thorough inspection is essential. • Market Volatility: Property values and insurance costs in Imperial Beach can fluctuate due to the factors mentioned above (border proximity, flooding, erosion). Thorough research and comparison of rates are necessary.

Cost & Affordability

Monthly Costs

Breakdown of estimated monthly expenses for this property

Monthly Payment
$0
* Estimated at 1% of home value annually. Actual costs may vary.
Not Included in Estimate
• Utilities (electricity, gas, water, internet)
• Home improvements and upgrades
• Landscaping and yard maintenance
• Pest control and home services
• Emergency repairs and replacements

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$834 monthly
$83 monthly

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Schools

Mar Vista Senior High School

PublicGrades 9-12
4/10
High
1,585 students

Oneonta Elementary School

PublicGrades K-6
3/10
Elementary
513 students

Mar Vista Academy

PublicGrades 7-8
3/10
Middle
736 students

Stephen W. Hawking Steam Charter School

CharterGrades K-6
0/10
Elementary
430 students

Financials

Monthly Costs
Market Rent (3 bed)

$3,279

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$833,600
Price/sqft
$568
Layout
3 bd2 ba

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$863,667

3.5%

Your price is 3.5% below average

Median Price

$895,000

6.9%

Based on 6 recent sales

Price per Sq.Ft

$608

6.6%

Your price is 6.6% below average $/sqft

Comparable Properties

1730 Thelborn Way, Otay Mesa, CA 92154
Price: $775,000
Sq.Ft: 1,336
Beds/Baths: 4/2
$/Sq.Ft:
$5802.2%
Sale Date: 12/6/2024
735 Iris Avenue, Imperial Beach, CA 91932
Price: $915,000
Sq.Ft: 1,416
Beds/Baths: 4/2
$/Sq.Ft:
$64613.8%
Sale Date: 11/9/2024
907 Connecticut Street, Imperial Beach, CA 91932
Price: $825,000
Sq.Ft: 1,390
Beds/Baths: 3/2
$/Sq.Ft:
$5944.5%
Sale Date: 11/1/2024
608 Donax Avenue, Imperial Beach, CA 91932
Price: $682,000
Sq.Ft: 1,427
Beds/Baths: 3/2
$/Sq.Ft:
$47815.8%
Sale Date: 10/21/2024
1360 5th St, Imperial Beach, CA 91932
Price: $1,090,000
Sq.Ft: 1,583
Beds/Baths: 3/2
$/Sq.Ft:
$68921.3%
Sale Date: 10/24/2024
1114 7Th Street, Imperial Beach, CA 91932
Price: $895,000
Sq.Ft: 1,352
Beds/Baths: 3/2
$/Sq.Ft:
$66216.6%
Sale Date: 10/18/2024

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