49
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$1,250,000
Est. payment /mo
5 Beds
3 Baths
6,467 Sqft Lot
New
1175-1177 Georgia Imperial Beach, CA 91932
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Imperial Beach
MLS Listing ID 260010616
Bedrooms 5
Full Baths 3
Year Built 1955
Lot Size 6,467 Sqft
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County San Diego
Area South Bay
Zoning R-2:MINOR
Interior
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 633-032-16-00
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Listed by Jeffrey O'Neal, DRE#01473549 360 Residential
Nearby Locations
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