826 8Th St, Imperial Beach, CA 91932

2 Unit Apartment Building Offered at $1,799,000 at a 5.20% Cap Rate in Imperial Beach, CA 91932

Asking Price $1,799,000

Sale Condition: Redevelopment Project
Property Type: Multifamily
Square Feet: 2,320 SF

Listing Contacts

Mike Aqrawi

Verified Profile

Property Info

Property Overview

Beachside Investment Paradise: Multi-Unit Gem Awaits! Imagine a fully remodeled main house and a 2nd house built in 2024. This is a multi-unit property just five blocks from the Imperial Beach shore! This exceptional opportunity offers the flexibility of creating a haven for the extended family under one roof or generating a generous income stream. Each house boasts its private street entrance and garage, ensuring privacy and convenience. But the meticulous quality of the build truly sets this property apart. Brand-new kitchens with stunning granite countertops and top-of-the-line appliances. Luxurious touches like recessed lighting and brand-new windows throughout create a modern and inviting atmosphere. Upgraded plumbing and garage doors add peace of mind, while beautiful tile flooring provides easy maintenance. The income potential is undeniable. With two houses, you could generate up to $10,000 monthly rent, offsetting your mortgage and creating a substantial return on investment. Alternatively, use one house for yourself and enjoy the beachside lifestyle while the other generates income. This property also features fully paid solar panels, minimizing your utility bills and environmental impact. Don't miss this rare chance to own a piece of paradise! This multi-unit property offers a unique blend of beachside living, income potential, and modern upgrades. Contact us today to schedule a viewing and unlock your dream investment!

Property Details

Year Built: 2024
Stories: 2
Lot Size (sq. ft): 8,712 SF
Units: 2

Highlights

Beachside Oasis & Income: Location and rental potential
Modern Upgrades & Privacy: High-quality finishes in two separate units
Solar Savings & Convenience: Environmentally friendly and low maintenance

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