NOT LISTED FOR SALE

Imperial Beach, CA 91932

9 Beds
5 Baths
3,500 Sq Ft
1960 Built

Last Sold October 31, 2016

Last sale price $960,000 $274 Per Sq Ft

36 Days on Market

Highlights

  • RV Access or Parking
  • Level Lot
  • West of 5 Freeway
  • Property is Fully Fenced

About This Home

As of October 2016

Best Cash flow property in Area!!!!! Big money maker in good condition!!! Rents listed are in place actual rents. Located on a huge corner lot just 1.5 miles from the beach! Property consists of a spacious 4 bedroom main house with an attached 1 bedroom granny flat at the back of the home and a neighboring duplex with a detached garages with 1 space for each duplex unit. All units have their own private yards, entrances and parking.

Last Agent to Sell the Property

Don Swanson

Don Swanson, Real Estate License #01271617 Listed on: 09/07/2016

Last Buyer's Agent

Don Swanson

Don Swanson, Real Estate License #01271617 Listed on: 09/07/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Stucco Exterior

Schools

  • Sweetwater Union High School District Middle School
  • Sweetwater Union High School District

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 633-081-09-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Open Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 11th
  • Neighborhood: Imperial Beach
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1960
  • Allow Comments Review: No
  • Internet Address Field: No Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Open
  • Pets Allowed: Yes
  • Community: IMPERIAL BEACH

Schools

  • School District URL: http://www.suhsd.k12.ca.us/
  • High School: Sweetwater Union High School District
  • Middle School Url: http://www.suhsd.k12.ca.us/
  • Middle School: Sweetwater Union High School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: West of I-5
  • Topography: Level
  • Assessor Parcel Number: 633-081-09-00
  • Land Use Code: mr 1

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 60000
  • Annual Expense Actual: 15600
  • Gross Rent Multiplier Actual: 12.0
  • Gross Rent Multiplier Projected: 12.0
  • Gross Sched Income Actual: 75600
  • Gross Sched Income Projected: 75600
  • Number Of Buildings: 3
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

Range of Values:

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List Price
Sold Price
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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
10/31/2016 10/31/16 Sold $960,000 +0.1% $274 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
09/26/2016 09/26/16 Price Changed $959,000 -0.1% $274 / Sq Ft
09/14/2016 09/14/16 Price Changed $960,000 -1.0% $274 / Sq Ft
09/07/2016 09/07/16 For Sale $970,000 -- $277 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Don Swanson

    Don Swanson, Real Estate

    (619) 857-8585

    13 Total Sales

    Don Swanson
    Section Image
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Source: San Diego MLS

MLS Number: 160049436

San Diego MLS
California San Diego County Imperial Beach

91932

This home since 07 September 2016. This property was built in 1960. This home is a home located in San Diego County with nearby schools including Oneonta Elementary School, Mar Vista Academy, and Mar Vista Senior High School.

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