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Sold for $1,180,000 on 05/23/24
  • $1,180,000

    1125 Elder Ave, Imperial Beach, CA 91932

    5beds
    3baths
    --sqft
    Multi Family
    Built in 1975
    -- sqft lot
    $1,163,100 Zestimate®
    $--/sqft
    $4,090 Estimated rent

    What's special

    Charming duplex nestled in Imperial Beach's residential neighborhood. Located in a serene corner lot within a peaceful residential area, this property offers the best of coastal living just 12 blocks from the iconic Imperial Beach pier. The main house features four bedrooms and two bathrooms, complete with a convenient 2-car garage and driveway. This unit features a fully equipped kitchen, brand new washer and dryer, and central heating. Two gated yard spaces provide plenty of privacy and greenery. As part of the main residence, there is a carve-out, one-bedroom, one-bathroom ADU. This unit features a fully equipped kitchen, a wall heater, a private gated yard, and ample parking space for up to three cars.  Both units showcase tile flooring throughout, fresh paint, and the added benefit of new solar panels, ensuring energy efficiency and cost savings. This property presents an enticing opportunity for investors seeking immediate rental income from both units. Alternatively, it offers a unique prospect for first-time homebuyers to reside in the smaller unit while leasing out the main house to offset mortgage expenses and property upkeep costs. Don't miss out on this versatile and income-generating property, perfectly positioned for coastal living and smart investment strategies.

    Zillow last checked: 7 hours ago

    Listing updated: May 29, 2024 at 08:56am

    Listed by:

    Gregory A Dunn DRE #02159003 619-794-5555,

    Otay Mesa Realty,

    Paulina Dunn DRE #02174349 619-575-0707,

    Otay Mesa Realty

    Bought with:

    Marie Arredondo, DRE #02094423

    Realty One Group Pacific

    Source: SDMLS,MLS#: 240006020MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air Unit, Wall/Gravity
    Cooling
    • N/K
    Features
    • Number of fireplaces: 3
    Interior area
    • Total structure area: 2,100

    Property

    Features
    • Levels: 1 Story
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Full
    • Has view: Yes
    • View description: N/K
    • Frontage type: N/K
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: 6264911600
    • Zoning: R-3000
    • Zoning description: R-3000
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1975

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Security
    • Security features: N/K
    Community
    • Community features: N/K
    Location
    • Region: Imperial Beach
    • Subdivision: IMPERIAL BEACH

    Other

    Other facts
    • Listing terms: Cal Vet,Cash,Conventional,FHA,VA
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,163,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,163,100