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$ 2,725,000
Est. payment /mo
Active
1150-76 11th St Imperial Beach, CA 91932
14 Beds
6,656 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 6,656 sqft
Price per Sqft $409
MLS Listing ID 250041390
Bedrooms 14
Property Sub-Type Com-Res Income
Property Description
Welcome to your next investment in San Diego's last affordable beach town! This property offers the chance to enter a revitalizing coastal market positioned for strong appreciation and income growth. Built in 1979, it features an ideal mix of (2) 3BR/2BA townhomes (1,088 + 1,508 SF) with attached garages, (2) 2BR/1.5BA townhomes (1,120 SF), and (2) 2BR/1BA apartments (910 SF) situated above (7) garages, totaling 2,508 SF of garage space + laundry facility on a 16,230 SF lot. Each unit offers outdoor living space and family-friendly layouts — increasingly rare in a county where over 60% of new construction consists of studios and 1BRs, fueling demand for spacious 2- and 3-bedroom homes. Current GSI is $194,328, with light cosmetic upgrades projected to raise income to $247,080, creating immediate upside in both cash flow and equity. The (9) garages present additional ADU conversion potential, adding long-term value. Ongoing infrastructure improvements are enhancing livability and driving new investment in Imperial Beach. Combined with its walkable coastal lifestyle and surf-town charm, the area continues to attract long-term tenants. With limited 2- and 3-bedroom inventory near the coast, now is the time to secure a rare coastal investment before values climb.
Location
State CA
County San Diego
Area South Bay
Interior
Heating Central Forced Air Gas
Flooring Slab
Fireplace No
Exterior
Parking Features Garages, Spaces
View Y/N No
Building
Dwelling Type Other/Remarks
Story 2
Others
Tax ID 632-130-36-00
Acceptable Financing Cash, Cash to New Loan, Exchange Down, Exchange Up
Listing Terms Cash, Cash to New Loan, Exchange Down, Exchange Up
Virtual Tour https://www.propertypanorama.com/instaview/snd/250041390
Listed by Christina M Labowicz ACI Apartments