$1,325,000
$1,500,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
6,224 Sqft Lot
SOLD DATE : 12/26/2023
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Imperial Beach
MLS Listing ID 230019725SD
Sold Date 12/26/23
HOA Y/N No
Year Built 1955
Lot Size 6,224 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
Area 91932 - Imperial Beach
Building/Complex Name Imperial Beach
Zoning R-2:MINOR
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Fence None
View Y/N No
Roof Type Composition
Total Parking Spaces 2
Building
Lot Description Sprinkler System
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 6262921900
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Financing Conventional
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Bought with Tanya Parks • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "