523 9th St, Imperial Beach, CA 91932

$1,550,000
6
BD
5
BA

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Sold Price
$1,550,000
List Price
$1,599,999
Closing Date
Jun 27, 2025
Status
CLOSED
MLS#
250029617
Bedrooms
6
Bathrooms
5
City
Imperial Beach
Neighborhood
Imperial Beach Bayside
School District
San Diego Unified School Distric
Complex/Building Name
N/A
Property Type
Multifamily
Year Built
2016

Property Description

Live in the front house and offset the mortgage by renting out the back two units! This 3 unit property offers you the best of both worlds - your dream home without the dream home monthly payment! Incredible Investor Metrics Cap Rate: 5.5% and GRM: 13. The main house offers over 2,200 sq ft of elegant living space, featuring 4 bedrooms, 3 bathrooms, an open floor plan, a chef's kitchen with granite countertops, an expansive master suite w/ double vanity sinks, walk-in closet, separate laundry room, and attached 2 car garage. Step outside to a private, turfed backyard perfect quite nights with the family or entertaining friends and relatives. This property also includes two income-generating units: a fully remodeled 2-bedroom, 1-bathroom unit with in unit W/D hooks up and 2 tandem parking spaces. The upstairs unit, a modern stylish studio with a large deck and stunning bay views. Fully paid solar adds to its appeal, making this home both luxurious and sustainable. Embrace the best of California living with this unique real estate opportunity! Minutes to shops, restaurants, and beaches.

Additional Information

Building Name
N/A
Cooling
Central Air
Heating
Forced Air
Neighborhood
Imperial Beach Bayside
Roof
Composition
School District
San Diego Unified School Distric
Year Built
2016

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kelsey Olson (319-750-9695) from Listing Office: Compass.

Selling Office: First Wave Properties.

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