urn-Key Triplex with Development Upside in Imperial Beach Welcome to 1195 Georgia Street A-C, Imperial Beach, CA 91932 — a rare investment opportunity just minutes from the sand. This fully rented, turn-key triplex offers immediate cash flow with strong in-place income, while also presenting significant upside potential through redevelopment or expansion. Situated on an expansive Corner lot with Alley in an R-3000 zoning area, the property benefits from favorable density allowances—making it ideal for an investor or end-user looking to add units or reconfigure the site for even greater returns. The land value alone offers long-term appreciation and flexibility, with Imperial Beach growth and redevelopment trends continuing to rise. Each of the 3 units is well-maintained and occupied—providing steady income from day one. Whether you're a savvy investor seeking a strong cash-flowing asset or a homeowner aiming to live in one unit while generating income from the others, this property checks every box.Don’t miss your chance to secure a high-potential asset in one of San Diego’s fastest-growing coastal communities.
Lot Size:
4,000-7,499 SF
Number of Buildings:
1
Number of Units:
3
Year Built:
1948
Stories:
1 Story
Total Stories:
1
Market Area:
South Bay
Community:
IMPERIAL BEACH
County:
San Diego
Neighborhood Code:
Imperial Beach
Name of Complex/Subdivision:
Georgia
Home Owner Fees:
0.0
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Electricity
Projected net operating income:
76000
Other income:
90000
Projected other income:
160000.0
Annual expense actual:
1000
Cap Rate.:
5.0
Gross Rent Multiplier:
4.0
Gross scheduled income:
7500
Unit Number for Unit 1:
A
Finished Area for Unit 1:
801 sq. ft.74.4 m2
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
3100.0
Total Rent for Unit 1:
3100.0
Projected Rent for Unit 1:
3400.0
Total Garage Spaces for Unit 1:
0
Parking for Unit 1:
Assigned
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
B
Finished Area for Unit 2:
510 sq. ft.47.4 m2
Bedrooms for Unit 2:
1
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
2200.0
Total Rent for Unit 2:
2200.0
Projected Rent for Unit 2:
2600.0
Total Garage Spaces for Unit 2:
0
Parking for Unit 2:
Assigned
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
No
Unit Number for Unit 3:
C
Finished Area for Unit 3:
526 sq. ft.48.9 m2
Bedrooms for Unit 3:
1
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
2200.0
Total Rent for Unit 3:
2200.0
Projected Rent for Unit 3:
2600.0
Total Garage Spaces for Unit 3:
0
Parking for Unit 3:
Assigned
Unit 3 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 3:
No
Number of bathrooms for Unit 4:
0
Fern
Site Influences:
Alley Access, Corner Lot, Sidewalks, West of I-5
Miscellaneous:
Value in Land
Lot Details:
51x125
Exterior Features:
Stucco
Cooling:
Swamp Cooler(s)
Heating:
Wall/Gravity
Heating fuel:
Electric
Number of Units with Cooling:
3
Number of Units with Dishwashers:
3
Number of Units with Dryers:
3
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
3
Number of Units with Range/Oven:
3
Number of Units with Refrigerators:
3
Number of Units with Washers:
1
Roof:
Composition
RV Parking:
On-Site Parking
Sewer Septic:
Sewer Available
Telecommunications:
Cable (coaxial)
Water Heater Type:
Gas
Water supply:
Available, Meter on Property
Security:
N/K
Fencing:
Full
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cal Vet, Cash, Conventional, Exchange, FHA, Lease Option, Seller May Carry, VA
Pets:
Yes
Parcel Number:
633-032-14-00
Listed by Compass
Data was last updated May 1, 2025 at 05:10 PM (UTC)
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