$1,800,000

562-564 11th St Imperial Beach, CA 92026

Estimated payment $11,655/month

Total Views 248
9 Beds
5 Baths
3,300 Sq Ft
$545 Price per Sq Ft

About This Home

Rare coastal 4-unit in quiet North Imperial Beach neighborhood. Ideal for VA or 1031 exchange buyers. Unit mix: one 3BD/2BA front house and three 2BD/1BA rear units, all well-maintained and professionally managed. Strong rental appeal with immediate owner-occupancy potential to live in the front house and rent the other units. Features include alley access, separate entrances, and individual gas/electric meters. Just one block to the Silver Strand Bikeway and walking distance to Trident Coffee, Rad Power Bikes, and more. Two blocks to Palm Avenue, offering quick access to I-5, Coronado Island, and commercial hubs. Offering memorandum and financials available upon request.

Listing Agent

Eric Lowe

Starker West, Inc. License #02231420 Listed on: 08/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,997 Sq Ft Lot
  • Gated Home

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 626-114-18-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Imperial Beach Community

Building Details

  • Net Operating Income $92,721

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 11th & Cypress
  • Neighborhood: Dolphin Bay
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1980
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Imperial Beach
  • Community: IMPERIAL BEACH

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 626-114-18-00
  • Estimated Lot Sq Ft: 7997
  • Estimated Number of Acres: 0.18
  • Map Code Column: H
  • Map Code Page: 1329
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 92721
  • Annual Expense Actual: 27695
  • Annual Expense Projected: 27695
  • Gross Rent Multiplier Actual: 14.5
  • Gross Sched Income Actual: 124140
  • Number Of Buildings: 2
  • Number Of Furnished Units: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 4
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Map

Range of Values:

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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 Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,800,000 -- $545 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250035754

San Diego MLS