$1,550,000
$1,599,999
3.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5.5 Baths
SOLD DATE : 06/27/2025
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Imperial Beach
MLS Listing ID 250029617
Sold Date 06/27/25
Bedrooms 6
Full Baths 4
Half Baths 1
Year Built 2016
Lot Dimensions 140x52
Property Sub-Type Res Income 2-4 Units
Property Description
Live in the front house and offset the mortgage by renting out the back two units! This 3 unit property offers you the best of both worlds - your dream home without the dream home monthly payment! Incredible Investor Metrics Cap Rate: 5.5% and GRM: 13. The main house offers over 2,200 sq ft of elegant living space, featuring 4 bedrooms, 3 bathrooms, an open floor plan, a chef's kitchen with granite countertops, an expansive master suite w/ double vanity sinks, walk-in closet, separate laundry room, and attached 2 car garage. Step outside to a private, turfed backyard perfect quite nights with the family or entertaining friends and relatives. This property also includes two income-generating units: a fully remodeled 2-bedroom, 1-bathroom unit with in unit W/D hooks up and 2 tandem parking spaces. The upstairs unit, a modern stylish studio with a large deck and stunning bay views. Fully paid solar adds to its appeal, making this home both luxurious and sustainable. Embrace the best of California living with this unique real estate opportunity! Minutes to shops, restaurants, and beaches.
Location
State CA
County San Diego
Area South Bay
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Schools
School District San Diego Unified School Distric
Others
Tax ID 6260901400
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