Homes for sale - 843 845 10Th St, Imperial Beach, CA 91932

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Angel Ramirez

angel@ramirezrealtygroup.com +1(619) 818-4318

$ 2,100,000

Est. payment | -/mo

6,956 Sqft Lot

Save Virtual Tour

$ 2,100,000

Est. payment | -/mo

Save Virtual Tour

6,956 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Imperial Beach

MLS Listing ID 250036919SD

HOA Y/N No

Year Built 1955

Lot Size 6,956 Sqft

Property Description

5% DAY-ONE CAP RATE COASTAL 4-UNITS IN IMPERIAL BEACH | $12,550/MONTHLY INCOME. LEASES IN PLACE. TURN-KEY HOMES. 843-845 10th St. is a great investment opportunity in Imperial Beach, a mile from the ocean. This high-performing asset generates $12,550 / month in current rents, offering investors a 5% cap rate. The property features a mix of (2) 3 bed /3.5 bath homes and (2) 2 bed/1 bath homes. All the units have yards, parking, laundry, and meters. Capital improvements include the remodeling of the front two units in 2022, and the back two units are new construction, each featuring a 2-car garage, solar panels, and tankless water heaters. Located in Dolphin Bay, a quiet neighborhood near shops, dining, and a mile from Seacoast Drive and the Pacific Ocean. The Gaylord Pacific and Convention Center is 5 miles away in Chula Vista. This investment is also near NAS North Island, NAB Coronado, and the Silver Strand Training Complex. This offering is perfect for those looking for a turn-key, income-producing investment in a high-demand rental market.

Location

State CA

County San Diego

Area 91932 - Imperial Beach

Building/Complex Name Imperial Beach

Zoning R-2:MINOR

Interior

Cooling Central Air

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 6262920500

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Virtual Tour https://youtube.com/shorts/RpVYBAtudJE

Listed by Kaushal Patel Seller's Corner Real Estate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 818-4318

angel@ramirezrealtygroup.com

310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States

843 845 10Th St Imperial Beach, CA 91932