1175-1177 Georgia, Imperial Beach, CA 91932
- $1,250,000
- 5
- BD
- 3
- BA
- List Price
- $1,250,000
- Days on Market
- 92
- Status
- ACTIVE
- MLS#
- 260010616
- Bedrooms
- 5
- Bathrooms
- 3
- Lot Size(apprx.)
- 6,467
- City
- Imperial Beach
- Neighborhood
- Imperial Beach
- Complex/Building Name
- 1175 Georgia
- Property Type
- Multifamily
- Year Built
- 1955
Property Description
This Imperial Beach gem is an exceptional investment opportunity. The property features two fully independent homes on one lot, each with its own fenced yard, laundry hookups, separate electric meters, and street access. It sits in a highly desirable pocket of IB—close to local shops and restaurants, just minutes from freeway access, and equally convenient to the waterfront. The front home is a charming 2-bed, 1-bath with a brand-new roof, spacious driveway, a recently replaced water heater, and an inviting, well-maintained interior. The rear home offers even more space with 3 bedrooms, 2 baths, its own two-car garage, newer water heater, and fresh paint and appliances. With strong rental demand year-round and solid combined income, this property delivers an impressive cap rate. Whether you’re looking for a turnkey investment with great tenants already in place or prefer to live in one unit while renting the other, this versatile property checks all the boxes.
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Additional Information
- Building Name
- 1175 Georgia
- Cooling
- None
- Lot Size
- 6,467
- Neighborhood
- Imperial Beach
- Roof
- Composition
- Tenant Pays
- Electricity, Gas/Propane
- Year Built
- 1955
Mortgage Calculator
Listing courtesy of Listing Agent: Jeffrey O'Neal (619-709-3196) from Listing Office: 360 Residential.
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