1026-28 Georgia St., Imperial Beach, CA 91932 - MLS#240024486

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Mike Althof

mike.althof@gmail.com +1(619) 417-5766

$ 1,550,000

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1026-28 Georgia St. Imperial Beach, CA 91932

6 Beds

6 Baths

1,428 SqFt

UPDATED:

10/28/2024 04:34 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,428 sqft

Price per Sqft $1,085

Subdivision Imperial Beach

MLS Listing ID 240024486

Bedrooms 6

Full Baths 4

Half Baths 2

HOA Y/N No

Year Built 1988

Property Description

Charming Duplex with Income Potential in Imperial Beach 1026-28 Georgia St, Imperial Beach, CA This fully renovated duplex offers a prime investment opportunity in Imperial Beach. Both units, each over 1,400 sq. ft., feature 3 bedrooms, 2.5 bathrooms, and modern finishes, including stainless steel appliances. Renovated in 2022, both units come with in-unit washer/dryer hookups and private, fenced backyards. Each unit has a detached 2-car garage, offering potential for Accessory Dwelling Unit (ADU) conversion to increase income. Currently, the property is tenant-occupied with leases running through 12/31/2024, transitioning to month-to-month thereafter, providing flexibility for a new owner. With low operating expenses and ADU potential, this duplex is ideal for maximizing returns in an evolving market. Buyer can occupy one unit and rent the other! Located close to Coronado and Downtown San Diego, the property provides easy access to beaches, shopping, and dining, enhancing tenant demand. This well-maintained property combines flexible leasing, a central location, and excellent income potential. Reach out today!

Location

State CA

County San Diego

Community Imperial Beach

Area Imperial Beach (91932)

Zoning R2

Interior

Heating Electric

Cooling Central Forced Air

Appliance Forced Air Unit

Exterior

Exterior Feature Stucco

Garage Unit1:Detached Unit2:Detached Unit3:N/K Unit4:N/K

Garage Spaces 4.0

Fence Full, Gate

Roof Type Composition

Building

Lot Description Public Street

Story 2

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $3,700

Listing Terms Cash, Conventional, FHA, VA

Listed by Caden S Medina • Arrow Real Estate

Mike Althof

Broker Associate, Althof & Associates Team Lead | License ID: 01245962

+1(619) 417-5766

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Mike Althof

Mike Althof

1026-28 Georgia St. Imperial Beach, CA 91932

Key Details

Location

Interior

Exterior

Building

Others

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1026-28 Georgia St.