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Jenn Smart

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1150 11th St , Imperial Beach, CA 91932
$2,499,999
Est. Payment: $5,555.55/mo
14 Bed
7 Bath
6656 Sqft
0.37 Acres
Status: active | Days on site: 2
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House Description

Excellent investment opportunity in Imperial Beach! Located at 1150–1176 11th Street, this six-unit income-producing property offers a desirable mix of spacious townhouse-style residences and well-appointed units, each with its own electric meter. The property features the following unit configurations: Unit 1150 offers 3 bedrooms and 1.5 bathrooms; Unit 1152 features 3 bedrooms and 2 bathrooms, including a spacious primary bedroom with a walk-in closet; Units 1154 and 1156 each offer 2 bedrooms and 1 bathroom; and Units 1174 and 1176 each feature 2 bedrooms and 1.5 bathrooms. The front units offer townhouse-style layouts, while the rear units provide comfortable living spaces with private patios. Units are approximately 900 to 1,000 square feet. The property features individual garages for each unit, plus three additional garages, providing exceptional parking and storage opportunities. The garages also present potential opportunities for conversion into Accessory Dwelling Units (ADUs), subject to city approval, zoning regulations, and applicable permitting requirements, offering additional possibilities for future rental income and property value enhancement. Additional highlights include seven electric meters, three gas tanks, and two water meters, with one serving the two front units and the second serving the four rear units. The property also features a shared boiler serving the four rear units and fence-to-fence property ownership. All six units are currently tenant-occupied, generating a combined actual rental income of **$13,645 per month, or $163,740 annually**, with individual monthly rents of $3,000, $1,650, $1,700, $2,450, $2,450, and $2,395. Water is included in the rent. Located just minutes from coastal dining, local military bases, Coronado Island, and the beach, this income-producing property offers an exceptional opportunity for investors seeking established rental income and long-term investment potential in a desirable Southern California coastal community. A valuable addition to any real estate portfolio!

Highlights

Listed by Carlos Elizondo , 619-992-9150 and Marilyn Mendoza-Martinez , 619-496-3249 ShoppingSDHouses , 619-992-9150. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.37

Year Built

1979

County

San Diego

Area

91932 - Imperial Beach

Listing ID

PTP2608370

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:14
  • ▪ Bathrooms:7

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:9
Zoning:R-3:RESTRICTED MULTIPLE
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$5,556
Taxes
$1,594

Home Price

$2,499,999

Loan Details

30 yrs
0%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,555.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,555.55 $1,593.75 $0.00 $7,149.30
Yearly $66,666.64 $19,124.99 $0.00 $85,791.63
Total $1,999,999.20 $573,749.77 $0.00 $2,573,748.97
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Imperial Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-15T17:36:11.000Z

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