$1,615,000
SOLD NOV 10, 2025

1484-90 15th St Imperial Beach, CA 91932

8 Beds
4 Baths
3,640 Sq Ft
1967 Built

Recently Sold

$444 Per Sq Ft

5% Below List Price

51 Days on Market

About This Home

As of November 2025

Upgraded Fourplex in Imperial Beach with Assumable VA Loan This upgraded fourplex in Imperial Beach is a great opportunity for investors and owner-occupants. Each unit offers modern kitchens, renovated bathrooms, new flooring, and fresh paint, delivering a turnkey property with minimal upkeep and strong potential. The property currently operates at a 4.7% cap rate with room to grow, offering immediate cash flow and long-term upside. A rare highlight is the assumable VA loan, creating substantial savings for qualified buyers. Located minutes from the beach, parks, dining, and shopping, this fourplex is in a high-demand rental market with consistent growth. Don’t miss the chance to secure a low-maintenance, income-producing property with attractive financing in one of San Diego’s most desirable coastal communities.

Last Agent to Sell the Property

Twana Rasoul

Compass License #02026495 Listed on: 09/04/2025

Compass

Co-Listed By

Hana Rasoul

Compass License #01945813

Last Buyer's Agent

Gregory Miller

Premier Agency Real Estate Inc. License #02205685

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • Partially Fenced Property

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 8 Bedrooms
  • 3,640 Sq Ft Home
  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas/propane

Community Details

Overview

  • 4 Units
  • Imperial Beach Subdivision

Building Details

  • Operating Expense $34,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • CapRate: 4.7
  • Co List Office Mls Id: 991248
  • Co List Office Mls Id: 991248
  • Subdivision Name: IMPERIAL BEACH
  • BuildingName: N/A
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-11-11T18:02:52Z
  • AgeRestrictions: N/K
  • FullAddress: 1484-90 15th St
  • ShortSale: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Total Bedrooms: 8

Exterior Features

  • Fencing: Partial
  • Roof: Rolled/Hot Mop
  • Pool Features: N/K
  • Construction Type: Stucco

Utilities

  • Cooling: N/K
  • Heating: Wall/Gravity
  • Utilities: Sewer Connected
  • Water Source: Meter on Property
  • HeatSource: Natural Gas

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Annual Operating Expense: 34380.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2025 11/10/25 Sold $1,615,000 -2.1% $444 / Sq Ft
10/25/2025 10/25/25 Pending -- -- --
09/25/2025 09/25/25 Price Changed $1,649,000 -2.7% $453 / Sq Ft
09/04/2025 09/04/25 For Sale $1,695,000 +16.5% $466 / Sq Ft
08/29/2022 08/29/22 Sold $1,455,000 +0.4% $400 / Sq Ft View Prior Sale
08/10/2022 08/10/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $1,449,000 0.0% $398 / Sq Ft
08/08/2022 08/08/22 Price Changed $1,449,000 -3.4% $398 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $1,499,900 -- $412 / Sq Ft
Source: San Diego MLS

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 $16,174 $1,513,782 $1,040,400 $473,382
2024 $16,174 $1,484,100 $1,020,000 $464,100
2023 $18,249 $1,455,000 $1,000,000 $455,000
2022 $14,284 $1,071,000 $612,000 $459,000
2021 $14,038 $1,050,000 $600,000 $450,000
2020 $5,164 $263,928 $121,809 $142,119
2019 $4,779 $258,754 $119,421 $139,333
2018 $5,105 $253,681 $117,080 $136,601
2017 $4,534 $248,708 $114,785 $133,923
2016 $4,250 $243,833 $112,535 $131,298
2015 $4,183 $240,171 $110,845 $129,326
2014 $4,181 $235,467 $108,674 $126,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250038042

San Diego MLS
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