Residential Income in Imperial Beach

$1,525,000

1221 Florida, 91932, Imperial Beach, CA

Residential Income for sale in Imperial Beach, 1221 Florida, 91932

1221 Florida, 91932, Imperial Beach, CA

$1,525,000

Type: Residential Income

Description

Excellent investment opportunity in Imperial Beach! This triplex offers strong income potential with significant upside for an investor looking to increase rents and potentially add additional units. Current rents are below market, providing an opportunity to improve future cash flow, while the expansive yard may offer potential for additional units or ADU development, subject to City approval and applicable zoning requirements. The property consists of three individual units, each featuring a functional floor plan with a living room, dining area, kitchen, two bedrooms, and one bathroom. Each unit also includes its own private storage space. Parking is abundant, with each unit having two designated off-street parking spaces conveniently accessible from the rear alley. Ideally located near Oneonta Elementary School, the Imperial Beach Pier, beaches, shopping, dining, and convenient access to Interstate 5. Whether you're looking to expand your investment portfolio, improve existing rents, or explore future development opportunities, this property offers tremendous potential in a highly desirable Southern California coastal community. A must-see opportunity!

Location

1221 Florida, 91932, Imperial Beach, CA

Data

Object TypeResidential Income
Purchase Price$1,525,000
Living Space0 m²
Plot Size890.29 m²
BathroomsN/A
Construction Year1970
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeWall Furnace
Primary Energy SourceN/A
Construction Year1970
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent