$1,177,600
916-918 Imperial Beach Boulevard
Details
Property Type Multifamily
Square Footage 1,177
Units 2
Cap Rate 6.11%
NOI $72,000
Pro-Forma NOI $12,000
Year Built 1952
Buildings 1
Lot Size (SqFt) 5,901
Zoning Duplex
Parking Spaces 6 spaces
Parking per 1,000 SqFt 5.10
Investment Type Owner/User
Highly versatile real estate opportunity in Imperial Beach!
Marketing description
An incredible multi-family investment opportunity in the high-growth Imperial Beach submarket. Located just minutes from the coast, this highly versatile duplex features two fully updated units, offering an investor immediate cash flow with substantial upside. The expansive lot provides rare value add opportunity.
The 3-Car Garage: A massive standout feature. Perfect for a strategic ADU addition to drastically increase the property’s cash flow potential.
This is a rare, high-utility, turnkey coastal asset designed for low-overhead management and aggressive yield optimization. Add this high-performing property to your portfolio today.
Investment highlights
The property has been upgraded with major capital expenditures already completed:
- Mechanics & Utilities: Completely upgraded electrical system featuring two new electrical panels; brand-new main sewer line, new drainage system, and new gutters.
- Exterior: Newer roof, fresh stucco exterior, dual-pane windows, and newer secure fencing.
- Interior: New smoke & CO2 detectors, high end Frigidaire appliances, hickory & poplar cabinets
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,000.00
$6,000.00/mo
Valuation Metrics
0
DSCR
6.11%
Cap Rate
6.11%
ROI
Map
Zoning
R-1-6000 ResidentialSingle FamilySingle Family Residential
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View all 16 uses
View all 16 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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