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$ 1,550,000
Est. payment | /mo
$ 1,550,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Imperial Beach
MLS Listing ID 240024486SD
HOA Y/N No
Year Built 1988
Property Description
Charming Duplex with Income Potential in Imperial Beach 1026-28 Georgia St, Imperial Beach, CA This fully renovated duplex offers a prime investment opportunity in Imperial Beach. Both units, each over 1,400 sq. ft., feature 3 bedrooms, 2.5 bathrooms, and modern finishes, including stainless steel appliances. Renovated in 2022, both units come with in-unit washer/dryer hookups and private, fenced backyards. Each unit has a detached 2-car garage, offering potential for Accessory Dwelling Unit (ADU) conversion to increase income. Currently, the property is tenant-occupied with leases running through 12/31/2024, transitioning to month-to-month thereafter, providing flexibility for a new owner. With low operating expenses and ADU potential, this duplex is ideal for maximizing returns in an evolving market. Buyer can occupy one unit and rent the other! Located close to Coronado and Downtown San Diego, the property provides easy access to beaches, shopping, and dining, enhancing tenant demand. This well-maintained property combines flexible leasing, a central location, and excellent income potential. Reach out today!
Location
State CA
County San Diego
Area 91932 - Imperial Beach
Zoning R2
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
View Y/N Yes
View None
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 6272101100
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Caden Medina • Arrow Real Estate