523 9th St Sold

Imperial Beach,CA 91932

$ 1550000

$ 1599999 3.1%

6 Beds

5.5 Baths

0 SqFt


Key Details

Sold Price $1,550,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Imperial Beach

MLS Listing ID 250029617

Bedrooms 6

Half Baths 1

Year Built 2016

Property Sub-Type Res Income 2-4 Units

Property Description

Live in the front house and offset the mortgage by renting out the back two units! This 3 unit property offers you the best of both worlds - your dream home without the dream home monthly payment! Incredible Investor Metrics Cap Rate: 5.5% and GRM: 13. The main house offers over 2,200 sq ft of elegant living space, featuring 4 bedrooms, 3 bathrooms, an open floor plan, a chef's kitchen with granite countertops, an expansive master suite w/ double vanity sinks, walk-in closet, separate laundry room, and attached 2 car garage. Step outside to a private, turfed backyard perfect quite nights with the family or entertaining friends and relatives. This property also includes two income-generating units: a fully remodeled 2-bedroom, 1-bathroom unit with in unit W/D hooks up and 2 tandem parking spaces. The upstairs unit, a modern stylish studio with a large deck and stunning bay views. Fully paid solar adds to its appeal, making this home both luxurious and sustainable. Embrace the best of California living with this unique real estate opportunity! Minutes to shops, restaurants, and beaches.

Location

State CA

County San Diego

Area South Bay

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Exterior

Fence Full

View Y/N No

Roof Type Composition

Building

Story 2

Schools

School District San Diego Unified School Distric

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