First Team Real Estate Logo

Imperial Beach, CA 91932 812 16 Florida Street

$1,375,000

Sold: May 01, 2024
812 16 Florida Street Imperial Beach, Ca - Image 1
Presented By: Nicolas Hernandez with Top Gun CRE; nickh@topguncre.com
  • MLS# PTP2401199
  • 03/04/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 2,264

Home Details

Opportunity awaits at 812-16 Florida St in Imperial Beach, CA, with a three-unit residential income property with great value-add potential. This unique investment encompasses a duplex featuring two 2bed/1bath units and a standalone 2bed/1bath single-family home, sprawled across a 7562 SF lot. The substantial future potential of this property is unlocked through strategic renovations, offering the prospect to raise current rents up to market rates. Situated in an enviable location close to alluring beaches and a vibrant community atmosphere, this property stands as an ideal venture for investors keen on realizing significant growth and enhancing value in a sought-after coastal market.
Presented By: Nicolas Hernandez with Top Gun CRE; nickh@topguncre.com

General for 812 16 Florida Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate1.14
Carport Y/NNo
CityImperial Beach
Close Price815000.0
Community FeaturesBiking, Park, Suburban
CountySan Diego
Days on Market17
DirectionsGPS
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income41400.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet7562.0
MLS Area91932 - Imperial Beach
MobileHomeRemainsYNNo
Net Operating Income26910.0
New ConstructionNo
Open Parking Spaces6.0
Operating Expense14490.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusClosed
StatusClosed
Street NameFlorida
Tax Lot1700
Taxes$14,419
Total Units3
Trash Expense100.0
View Y/NNo
Waterfront Y/NNo
Year Built1965
ZoningR-2000

Interior for 812 16 Florida Street

Air Conditioning Y/NNo
Basement (Y/N)No
BuyerOfficeEmailmaxd@topguncre.com
Common WallsItem1CommonWall
Electric On Property Y/NNo
Entry Level1
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Street SuffixStreet
Total Baths0
Total Stories1

Exterior for 812 16 Florida Street

Building Area Total2264.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1736
Lot Size Area7562.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
SpaNo
Total Parking6.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,375,000
MLS#PTP2401199
List Date 03/04/2024
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 812 16 Florida Street

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors