Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Lot size

6,340 sqft

Year built

1955

Stories

1

Heating

Natural Gas

Cooling

None

Status

Active

Days on market

19

MLS #

247438090

About this property

Three-unit income property in Imperial Beach. The vacant front house is a 3BR/1.5BA with hardwood floors, dual pane windows, an attached garage with laundry hookups, and front and back yards. Two 1BR/1BA units in the rear building have their own alley access and off-street parking, both occupied by long-term tenants, providing in-place income with room to bring rents to market. All three units are separately metered for gas and electric, with tenants paying those utilities; owner covers water and trash. Walk to La Posta Market, the post office, and restaurants along IB Blvd, with Montessori Learning Academy a block away and bike lanes running straight to the pier and beach. Live in the front house and let the rear units help with the mortgage, or hold it as a steady rental. Buyer to verify all information.

Location

1151 Florence

Imperial Beach, San Diego, CA, 91932