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1221 Florida Street, Imperial Beach, CA 91932

$1.52M0ba · 2,574 sqft
Lot 9,583 sqft•Triplex•
Active
•87d on market•MLS# CV-26171205

Property Description

Excellent investment opportunity in Imperial Beach! This triplex offers strong income potential with significant upside for an investor looking to increase rents and potentially add additional units. Current rents are below market, providing an opportunity to improve future cash flow, while the expansive yard may offer potential for additional units or ADU development, subject to City approval and applicable zoning requirements. The property consists of three individual units, each featuring a functional floor plan with a living room, dining area, kitchen, two bedrooms, and one bathroom. Each unit also includes its own private storage space. Parking is abundant, with each unit having two designated off-street parking spaces conveniently accessible from the rear alley. Ideally located near Oneonta Elementary School, the Imperial Beach Pier, beaches, shopping, dining, and convenient access to Interstate 5. Whether you're looking to expand your investment portfolio, improve existing rents, or explore future development opportunities, this property offers tremendous potential in a highly desirable Southern California coastal community. A must-see opportunity!

Features & Amenities

Imperial BeachFeeBuilt 1970

Property Details

Subdivision
Imperial Beach
Land Type
Fee
Year Built
1970
Property Type
Residential Income
Property Subtype
Triplex
Parking Spaces
6
Garage Spaces
0
Heating
Wall Furnace
Flooring
Carpet, Vinyl
Roof
Shingle, Asphalt, Composition
City
Imperial Beach
Zip Code
91932
County
San Diego
Listed byEXP REALTY OF CALIFORNIA INC, Donald Mowery

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,711.23
Principal & Interest
Loan Amount
$1,220,000
Total Interest
$1,556,043
Total Payment Over 30 Years
$2,776,043
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Imperial Beach

This property is located in Imperial Beach, a community in Imperial Beach. Explore more listings in this neighborhood to compare options and pricing.

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