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: $1,109,547 - $1,223,000
5
Beds
3
Baths
2,100
Sq Ft
$560/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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
May 3, 2024
Sold by
Bought by
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
-$3,113
Avg. Annual Appreciation
-0.13%
Original Mortgage
$590,000
Outstanding Balance
$580,090
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$596,797
Purchase Details
Listed on
Mar 21, 2024
Closed on
Apr 29, 2024
Sold by
Bought by
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
$596,797
Purchase Details
Closed on
Aug 30, 2011
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Sep 17, 1999
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Apr 2, 1996
Sold by
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Apr 17, 1990
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Chicago Title | ||
| $1,180,000 | Chicago Title | ||
| -- | Ticor Title | ||
| -- | None Available | ||
| -- | South Coast Title Company | ||
| $153,789 | Old Republic Title Company | ||
| $200,000 | Old Republic Title Company | ||
| $179,543 | Old Republic Title Company | ||
| $128,285 | Old Republic Title Company | ||
| $245,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $590,000 | ||
| Previous Owner | $245,000 | ||
| Previous Owner | $122,500 | ||
| Previous Owner | $130,000 | ||
| Closed | $51,229 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
23 Total Sales
Map
Source: San Diego MLS
MLS Number: 240006020
APN: 626-491-16
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