810-16 11th St, Imperial Beach, CA 91932

$1,325,000
5
BD
4
BA

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Sold Price
$1,325,000
List Price
$1,500,000
Closing Date
Dec 26, 2023
Days on Market
82
Status
CLOSED
MLS#
230019725
Bedrooms
5
Bathrooms
4
Lot Size(apprx.)
6,223
City
Imperial Beach
Neighborhood
Imperial Beach
Complex/Building Name
Imperial Beach
Property Type
Multifamily
Year Built
1955

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.

Additional Information

Building Name
Imperial Beach
Cooling
None
Heating
Gravity
Lot Size
6,223
Neighborhood
Imperial Beach
Roof
Composition
School District
Sweetwater Union High School Dis
Year Built
1955

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gregory A Dunn (619-794-5555) from Listing Office: Otay Mesa Realty.

Selling Office: Compass.

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