NOT LISTED FOR SALE

613 Florence St Imperial Beach, CA 91932

4 Beds
3 Baths
1,800 Sq Ft
7,546 Sq Ft Lot Lot

Sale Details

Date Sold: June 9, 2025

Last sale price $2,175,000 $1,208 Per Sq Ft

19 Days on Market

About This Home

As of June 2025

Remodeled House + 4 Units in Imperial Beach, the front house is a 3Bedroom/2Bathroom House (1,200sf) with a private back and side-yard and in-unit laundry. The rear building consists of four (4) spacious 1Bedroom/1Bathroom units. This is a fantastic opportunity to purchase an extremely well-located and completely remodeled 5-unit apartment community. There is ample onsite parking and the rear building has a laundry room. The property has been remodeled top-to-bottom and offers an investor a turnkey asset with strong in-place rents.

Last Agent to Sell the Property

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 03/04/2025

Last Buyer's Agent

Non Subscriber

Non Subscriber

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,546

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 2-Story Property
  • 7,546 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 626-242-18-00

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Imperial Beach Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $128,388

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

7,546 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Calla Ave & Palm Ave
  • Neighborhood: Imperial Beach
  • LP / Sq Ft: 16.1
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1980
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Imperial Beach
  • Pets Allowed: Yes
  • Community: IMPERIAL BEACH

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Water District: OTAY WATER DISTRICT
  • Zoning: C/MU-1
  • Assessor Parcel Number: 626-242-18-00
  • Estimated Lot Sq Ft: 7546
  • Estimated Number of Acres: 0.17
  • Map Code Column: H
  • Map Code Page: 1329
  • Map Code Row: 7

Multi Family

  • No. of Units: 5
  • Actual Net Operating Income: 128388
  • Gross Rent Multiplier Actual: 12.42
  • Gross Rent Multiplier Projected: 11.63
  • Number Of Buildings: 2
  • Number Of Furnished Units: 5
  • Number Of Units With Cooling: 5
  • Number Of Units With Dishwashers: 5
  • Number Of Units With Dryers: 5
  • Number Of Units With Fireplaces: 5
  • Number Of Units With Garage: 5
  • Number Of Units With Patios: 5
  • Number Of Units With Range Oven: 5
  • Number Of Units With Refrigerator: 5
  • Number Of Units With Washers: 5
  • Other Income Actual: 1380
  • Other Income Projected: 1380.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
06/09/2025 06/09/25 Sold $2,175,000 -3.3% $1,208 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $2,249,000 +57.3% $1,249 / Sq Ft
05/18/2022 05/18/22 Sold $1,430,000 -10.3% $424 / Sq Ft View Prior Sale
05/02/2022 05/02/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $1,595,000 0.0% $472 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $1,595,000 -- $472 / 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 $18,674 $1,517,527 $1,061,208 $456,319
2024 $18,674 $1,487,772 $1,040,400 $447,372
2023 $18,332 $1,458,600 $1,020,000 $438,600
2022 $4,163 $179,010 $30,015 $148,995
2021 $5,450 $175,501 $29,427 $146,074
2020 $5,391 $173,703 $29,126 $144,577
2019 $4,082 $170,298 $28,555 $141,743
2018 $3,382 $166,960 $27,996 $138,964
2017 $3,395 $163,688 $27,448 $136,240
2016 $3,261 $160,479 $26,910 $133,569
2015 $3,248 $158,069 $26,506 $131,563
2014 $2,939 $154,973 $25,987 $128,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250020434

San Diego MLS
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