Charming Duplex with Income Potential in Imperial Beach 1026-28 Georgia St, Imperial Beach, CA This fully renovated duplex offers a prime investment opportunity in Imperial Beach. Both units, each over 1,400 sq. ft., feature 3 bedrooms, 2.5 bathrooms, and modern finishes, including stainless steel appliances. Renovated in 2022, both units come with in-unit washer/dryer hookups and private, fenced backyards. Each unit has a detached 2-car garage, offering potential for Accessory Dwelling Unit (ADU) conversion to increase income. Currently, the property is tenant-occupied with leases running through 12/31/2024, transitioning to month-to-month thereafter, providing flexibility for a new owner. With low operating expenses and ADU potential, this duplex is ideal for maximizing returns in an evolving market. Buyer can occupy one unit and rent the other! Located close to Coronado and Downtown San Diego, the property provides easy access to beaches, shopping, and dining, enhancing tenant demand. This well-maintained property combines flexible leasing, a central location, and excellent income potential. Reach out today!
DAYS ON MARKET
|
34
|
LAST UPDATED
|
10/28/2024
|
TRACT
|
Imperial Palms
|
YEAR BUILT
|
1988
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
Prior to Oct 28, '24
|
$1,649,500
|
Oct 28, '24 - Today |
$1,550,000 |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
Gas Water Heater |
CONSTRUCTION |
Stucco |
HEAT |
Electric, Forced Air |
LOT |
0 |
LOT DESCRIPTION |
Level |
LOT DIMENSIONS |
4,000-7,499 SF |
STORIES |
2 |
SUBDIVISION |
Imperial Palms |
UTILITIES |
Sewer Connected |
ZONING |
R2 |
Listed with Arrow Real Estate
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