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… Read More 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. Read Less
Property listed by 360 Residential, Jeffrey O'Neal 310-259-7556
Listing Snapshot
Days Online
6
Last Updated
Lot Size
0.15 Acres
Year Built
1955
MLS Number
260010616SD
Additional Details
Building
Built in 1955, 1 building, 1 storey, Levels: One
Community
Park Name: 1175 Georgia
Cooling
None
Fence
Partial
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $78,780, Net Operating Income: $63,220
Lot
0.1485 acres
Roof
Composition
Taxes
Parcel Number: 6330321600, Zoning: R-2:MINOR
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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