595 7th Street

Imperial Beach, CA 91932
$1,100,000
Pending • 3 days
8
Beds
8
Baths
4000
Sq Ft

Don’t miss this incredible investment opportunity in IB! On a 6,534 sq. ft. lot, this 2-story property features four separate 2 Bed/1.5 Bath units. With FHA rates as low as 3.5% down for owner occupied, savvy buyer could live in one and have rent from 3 others to support purchase! Units boast patios, washer/dryer hookups & 8 tenant parking spots. Spacious storage room can easily be repurposed into laundry room. With stabilized cash flow, this property is a solid start for anyone’s investment portfolio!

*Max FHA loan 4 units. Perfect income opportunity for the burgeoning investor! While in need of some upgrades, this tenant-occupied property allows for buyer to see immediate return. Only blocks away from both the San Diego Bay and Imperial Beach beachfront, this property offers walkability to schools, shopping centers and public transportation.

DETAILS

  • Type: Multi Family
  • Stories: 2
  • Built: 1965
  • $/SqFt: $275
  • Community: Imperial Beach
  • Neighborhood: Bayside - Imperial Beach
  • MLS#: 200051012

Interior

BEDROOMS

  • Total: 8
  • Unit 1 total: 2
  • Unit 2 total: 2
  • Unit 3 total: 2
  • Unit 4 total: 2

BATHROOMS

  • Total: 8
  • Unit 1 total: 2
  • Unit 2 total: 2
  • Unit 3 total: 2
  • Unit 4 total: 2

HEATING & COOLING

  • Heat: Wall/Gravity
  • Cooling: Wall/Window

Exterior

BUILDING

  • Exterior: Wood/Stucco
  • Stories: 2
  • Building Stories: 2
  • Buildings: 1
  • Units: 4

LOT DETAILS

  • Lot Size: 4,000-7,499 SF
  • 0.17 Acres
  • Topography: Level
  • Fencing: Full, Gate

Other Information

FINANCING TERMS

  • Cash
  • Conventional
  • FHA

COMMUNITY FEATURES

  • Laundry Facilities

LOCATION

  • Complex: -
  • Community: Imperial Beach
  • Neighborhood: Bayside - Imperial Beach
  • City: Imperial Beach
  • County: San Diego
  • APN#: 626-131-21-00
  • Site: Corner Lot, Public Street, Sidewalks, Street Paved, We
Fewer Details

Property History

DATE EVENT & SOURCE PRICE
Under Contract (Pending)
SDMLS
MLS# 200051012
-
Listed (Active)
SDMLS
MLS# 200051012
$1,100,000

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Listed by Gregg Neuman • DRE Lic #00809392 • Berkshire Hathaway HomeService
Last updated 7 hours ago • Source: SDMLS