$1,049,000
1451 Louden Lane | 4 Bed / 3 Bath | Main Home + Permitted ADU | Assumable VA 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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Listed by David Zimkin with New Morning Inc (619) 813-1300
Property Type
Single Family Residence
Status
Active
MLS Number
NDP2604088
Year Built
1962
Lot Size
6,599 sq ft