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31416677
31416689

1352-54 Imperial Beach Blvd., Imperial Beach, CA 91932

EL
CA 02231420
Pierson Post
Listed by Pierson Post
$1,099,995
66 days on market
Updated 48 days ago

1352-54 Imperial Beach Blvd, Imperial Beach, CA 91932

Details
APN 627-240-66-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,276
Net Rentable (SqFt) 2,276
Units 2
Cap Rate 5.42%
NOI $59,626
Pro-Forma Cap Rate 5.42%
Pro-Forma NOI $59,626
Price per SqFt $483
Year Built 1960
Buildings 1
Stories 1
Acreage 0.190
Zoning R-1500

Multifamily | 2 Units | $549,998/unit

Marketing description

Rare extra-large Imperial Beach duplex for sale! Each unit offers 3 bedrooms and 1 bathroom, with attached garages, large private backyards, and dedicated driveways. The property offers a true sense of independent living, functioning much like two single-family homes on one lot with separate utilities, separate backyards, separate entrances, and separate garages. Unit 1354 has been completely repainted, along with updated kitchen cabinets, brand new carpet installed in all bedrooms, and is ready for immediate move-in. Unit 1354's extra-wide side access gate, leading to the backyard, is perfect for the storage of recreational vehicles and equipment, and the driveway could be extended to increase parking capacity. Centrally located just minutes from elementary schools, the Imperial Beach Charter School, and Mar Vista High School, and within walking distance to neighborhood parks. Ideal for home buyers looking to offset their mortgage with rental income, or an investor seeking a mid-term rental opportunity. For investors, the large unit sizes, enclosed yards, attached garages, and dedicated parking are especially attractive to Imperial Beach’s Department of Defense contractors, relocating families, and other renters seeking furnished rental options in the South Bay. The total building square footage is approximately 2,276SF. Private showings are available now! Call listing agent for details.

Investment highlights

  • Rare extra-large duplex with two spacious 3BD/1BA units
  • Operates like two single-family homes with fully independent living setups
  • Separate utilities, entrances, garages, driveways, and private backyards
  • Attached garages for each unit with additional dedicated parking
  • Large unit sizes—ideal for families or premium rental positioning
  • Unit 1354 fully renovated: new paint, updated kitchen cabinets, and brand-new bedroom carpet
  • Move-in ready unit—perfect for owner-occupant or immediate leasing
  • Strong house-hack opportunity—live in one unit and offset mortgage with rental income
  • Excellent mid-term rental potential (DoD contractors, relocating families, furnished housing demand)
  • Prime Imperial Beach location near schools, parks, and South Bay amenities

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Listing Contacts

EL
CA 02231420
Pierson Post
Listed by Pierson Post

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,626.00
$4,968.83/mo

Valuation Metrics

0
DSCR
5.42%
Cap Rate
5.42%
ROI

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Additional Information

Name
Eric Lowe
License
02231420
Brokerage
Pierson Post, Inc.
Brokerage Phone
6197762681
Title
Real Estate Broker
Brokerage Address
5012 Central Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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