G
Seller's Agent in 2024
Greg Dunn
Otay Mesa Realty
(619) 794-5555
3 in this area
4 Total Sales
1125 Elder Ave Imperial Beach, CA 91932
Estimated Value: $1,129,775 - $1,255,000
5
Beds
3
Baths
2,100
Sq Ft
$580/Sq Ft
Est. Value
Highlights
- Corner Lot
- Property is Fully Fenced
- 1-Story Property
- Forced Air Heating System
About This Home
As of May 2024Charming duplex nestled in Imperial Beach's residential neighborhood. Located in a serene corner lot within a peaceful residential area, this property offers the best of coastal living just 12 blocks from the iconic Imperial Beach pier. The main house features four bedrooms and two bathrooms, complete with a convenient 2-car garage and driveway. This unit features a fully equipped kitchen, brand new washer and dryer, and central heating. Two gated yard spaces provide plenty of privacy and greenery. As part of the main residence, there is a carve-out, one-bedroom, one-bathroom ADU. This unit features a fully equipped kitchen, a wall heater, a private gated yard, and ample parking space for up to three cars. Both units showcase tile flooring throughout, fresh paint, and the added benefit of new solar panels, ensuring energy efficiency and cost savings. This property presents an enticing opportunity for investors seeking immediate rental income from both units. Alternatively, it offers a unique prospect for first-time homebuyers to reside in the smaller unit while leasing out the main house to offset mortgage expenses and property upkeep costs. Don't miss out on this versatile and income-generating property, perfectly positioned for coastal living and smart investment strategies.
Co-Listed By
Paulina Dunn
Otay Mesa Realty License #02174349
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 6,481 Sq Ft Lot
- Property is Fully Fenced
- Corner Lot
Parking
- Alley Access
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
- Wired For Data
Utilities
- Forced Air Heating System
- Gravity Heating System
- Heating System Uses Natural Gas
- Separate Water Meter
- Gas Water Heater
- Cable TV Available
Community Details
- Association fees include cable/tv services, electricity, exterior (landscaping), gas, hot water, roof maintenance, sewer, termite, trash pickup, water
- 2 Units
- Imperial Beach Community
Listing and Financial Details
- Tenant pays for cable TV
- Assessor Parcel Number 626-491-16-00
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
May 3, 2024
Sold by
Carranza Manuel Rodriguez
Bought by
Rodriguez Magdalena
Seller's Agent
Greg Dunn
Otay Mesa Realty
Buyer's Agent
Marie Arredondo
Realty One Group Pacific
List Price
$1,300,000
Sold Price
$1,180,000
Premium/Discount to List
-$120,000
-9.23%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,444
Avg. Annual Appreciation
1.96%
Original Mortgage
$590,000
Outstanding Balance
$580,090
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$637,354
Purchase Details
Listed on
Mar 21, 2024
Closed on
Apr 29, 2024
Sold by
Jackson Thomas C
Bought by
Rodriguez Magdalena
Seller's Agent
Greg Dunn
Otay Mesa Realty
Buyer's Agent
Marie Arredondo
Realty One Group Pacific
List Price
$1,300,000
Sold Price
$1,180,000
Premium/Discount to List
-$120,000
-9.23%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Outstanding Balance
$580,090
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$637,354
Purchase Details
Closed on
Aug 30, 2011
Sold by
Jackson Thomas C
Bought by
Jackson Thomas C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2007
Sold by
Jackson Cheryl A
Bought by
Jackson Thomas C
Purchase Details
Closed on
Sep 17, 1999
Sold by
Schaefer Frank Construction Inc
Bought by
Jackson Thomas and Jackson Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 17, 1998
Sold by
Kearney Michael J
Bought by
Frank Schaefer Construction Inc
Purchase Details
Closed on
Apr 2, 1996
Sold by
Frank Schaefer Construction Inc
Bought by
Kearney Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.34%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 22, 1996
Sold by
Stanley Craig W and Stanley Kathleen B
Bought by
Frank Schaefer Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.34%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 11, 1993
Sold by
Action Foreclosure Services Inc
Bought by
Frank Schaefer Construction Inc
Purchase Details
Closed on
Apr 17, 1990
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rodriguez Magdalena | -- | Chicago Title | |
| Rodriguez Magdalena | $1,180,000 | Chicago Title | |
| Jackson Thomas C | -- | Ticor Title | |
| Jackson Thomas C | -- | None Available | |
| Jackson Thomas | -- | South Coast Title Company | |
| Frank Schaefer Construction Inc | $153,789 | Old Republic Title Company | |
| Kearney Michael J | $200,000 | Old Republic Title Company | |
| Frank Schaefer Construction Inc | $179,543 | Old Republic Title Company | |
| Frank Schaefer Construction Inc | $128,285 | Old Republic Title Company | |
| -- | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodriguez Magdalena | $590,000 | |
| Previous Owner | Jackson Thomas C | $245,000 | |
| Previous Owner | Jackson Thomas | $122,500 | |
| Previous Owner | Kearney Michael J | $130,000 | |
| Closed | Kearney Michael J | $51,229 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2024 05/23/24 | Sold | $1,180,000 | -9.2% | $562 / Sq Ft |
| 04/13/2024 04/13/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $1,300,000 | -- | $619 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,875 | $1,203,600 | $948,600 | $255,000 |
| 2024 | $3,875 | $263,752 | $150,675 | $113,077 |
| 2023 | $4,751 | $258,581 | $147,721 | $110,860 |
| 2022 | $4,509 | $253,512 | $144,825 | $108,687 |
| 2021 | $3,241 | $248,542 | $141,986 | $106,556 |
| 2020 | $3,361 | $245,995 | $140,531 | $105,464 |
| 2019 | $3,577 | $241,173 | $137,776 | $103,397 |
| 2018 | $3,641 | $236,445 | $135,075 | $101,370 |
| 2017 | $3,692 | $231,810 | $132,427 | $99,383 |
| 2016 | $2,256 | $175,266 | $129,831 | $45,435 |
| 2015 | $2,689 | $172,634 | $127,881 | $44,753 |
| 2014 | $2,571 | $169,253 | $125,376 | $43,877 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Dunn
-
P
Seller Co-Listing Agent in 2024
Paulina Dunn
Otay Mesa Realty
-
Marie Arredondo
Buyer's Agent in 2024
Marie Arredondo
Realty One Group Pacific
(619) 548-4776
1 in this area
21 Total Sales
Map
Source: San Diego MLS
MLS Number: 240006020
APN: 626-491-16
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.
Nearby Homes
- 1055 11th St
- 859 Florida St
- 829 11th St
- 843 10th St
- 1202 Donax Ave Unit 3
- 943 Georgia St
- 1193 Florence St
- 753 13th St
- 1249 12th St
- 647 12th St
- 1236 Emory St
- 1016 Delaware St
- 589 11th St Unit 9
- 1381 Palm Ave Unit 37
- 1381 Palm Ave Unit 45
- 940 Calla Ave Unit 15
- 635 13th St Unit 36
- 557-59 Florida St
- 1380 Grove Ave
- 1274 Holly Ave
- 1141 Elder Ave
- 1008 Florida St Unit 10
- 1117 Elder Ave
- 1012 Florida St Unit 14
- 1009 11th St Unit 11
- 1105 Elder Ave
- 1018 Florida St
- 1116 Elder Ave Unit 20
- 1016 Florida St
- 958 Florida St Unit 80
- 1015 11th St
- 1005 Florida St Unit 7
- 970980 11th St
- 1017 11th St Unit 19
- 971 11th St Unit 73
- 1143/ 1145 Elder Ave
- 1143 Elder Ave
- 1143 Elder Ave
- 946 Florida St Unit 48
- 1011 Florida St