$1,525,000

1221 Florida Street, Imperial Beach, CA 91932

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Excellent investment opportunity in Imperial Beach! This triplex offers strong income potential with significant upside for an investor looking to increase rents and potentially add additional units. Current rents are below market, providing an opportunity to improve future cash flow, while the expansive yard may offer potential for additional units or ADU development, subject to City approval and applicable zoning requirements. The property consists of three individual units, each featuring a functional floor plan with a living room, dining area, kitchen, two bedrooms, and one bathroom. Each unit also includes its own private storage space. Parking is abundant, with each unit having two designated off-street parking spaces conveniently accessible from the rear alley. Ideally located near Oneonta Elementary School, the Imperial Beach Pier, beaches, shopping, dining, and convenient access to Interstate 5. Whether you're looking to expand your investment portfolio, improve existing rents, or explore future development opportunities, this property offers tremendous potential in a highly desirable Southern California coastal community. A must-see opportunity!

Listing Status:
Active
Date Added:
August 7, 2026
Data Last Updated:
August 24, 2026 at 7:12AM
Listing Office:
EXP REALTY OF CALIFORNIA INC :
Listing Agent:
Donald Mowery : 909-981-6677
MLS ID:
CV26171205
  • A/C: Wall/Window
  • General: N/K
  • Pool: N/K
  • Roofing: Composition
  • General: Stucco1 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: San Diego
  • Zoning: Public Rec6330820300
  • Source: California Regional MLS

This listing courtesy of Donald Mowery , EXP REALTY OF CALIFORNIA INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby