$1,325,000
$1,500,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
696 SqFt
SOLD DATE : 12/26/2023
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 696 sqft
Price per Sqft $1,903
Subdivision Imperial Beach
MLS Listing ID 230019725
Sold Date 12/26/23
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1955
Lot Size 6,223 Sqft
Property Description
Welcome to the opportunity of a lifetime! Nestled just 11 blocks from the beautiful Imperial Beach Pier, this fourplex is the property you've been waiting for. All four properties have been remodeled to provide comfort, convenience, and endless potential. This property is a rare find for savvy investors looking to add a valuable income stream to their portfolio. With all the hard work already done, you can start earning rental income right away. For first-time homebuyers, it's an ideal opportunity to live in one unit while renting out the others – let your tenants help pay your mortgage and turn your homeownership dreams into reality! Main House: A 2-bed, 1-bath property with a front yard and spacious patio – perfect for an urban garden or hangout space. It boasts an abundance of natural light throughout the living spaces. Back Properties (triplex): Three 1-bed, 1-bath units, each with a private fenced front patio. All four units have new flooring, paint, bathtubs, cabinets, quartz countertops, bathroom tile, windows, fixtures, cordless blinds, and more. There is also a shared laundry room that all four properties have access to. The triplex has two pedestrian entrances, accessed through 11th St or the alley. There are parking spaces in the alley for the occupants of the triplex. Imperial Beach offers a relaxed coastal lifestyle with a strong sense of community, access to stunning natural beauty, and a wide range of recreational and cultural activities. Don’t miss the opportunity to invest in a quintessential Southern California coastal city.
Location
State CA
County San Diego
Community Imperial Beach
Area Imperial Beach (91932)
Building/Complex Name Imperial Beach
Zoning R-2:MINOR
Interior
Heating Natural Gas
Appliance Wall/Gravity
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Schools
Middle Schools South Bay Union School District
High Schools Sweetwater Union High School District
Others
Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, FHA, VA
Financing Conventional
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Bought with Tanya Parks • Compass
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