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Residential Income for sale : 10 bedrooms : 843-845 10Th St in Imperial Beach

843-845 10Th St Imperial Beach

Main Photo: Residential Income for sale : 10 bedrooms : 843-845 10Th St in Imperial Beachbanner
$2,100,000
Prop. Type:
Residential Income
MLS® Num:
260004206
Status:
Active
Bedrooms:
10
Bathrooms:
10
Year Built:
1955
5% DAY-ONE CAP RATE COASTAL 4-UNITS IN IMPERIAL BEACH | $12,550/MONTHLY INCOME. LEASES IN PLACE. TURN-KEY HOMES. 843-845 10th St. is a great investment opportunity in Imperial Beach, a mile from the ocean. This high-performing asset generates $12,550 / month in current rents, offering investors a 5% cap rate. The property features a mix of (2) 3 bed /3.5 bath homes and (2) 2 bed/1 bath homes. All the units have yards, parking, laundry, and meters. Capital improvements include the remodeling of the front two units in 2022, and the back two units are new construction, each featuring a 2-car garage, solar panels, and tankless water heaters. Located in Dolphin Bay, a quiet neighborhood near shops, dining, and a mile from Seacoast Drive and the Pacific Ocean. The Gaylord Pacific and Convention Center is 5 miles away in Chula Vista. This investment is also near NAS North Island, NAB Coronado, and the Silver Strand Training Complex. This offering is perfect for those looking for a turn-key, income-producing investment in a high-demand rental market.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
South Bay
Neighborhood Code:
Dolphin Bay
Name of Complex/Subdivision:
IMPERIAL BEACH
Building Name:
Imperial Beach
Total Building Area:
Switch units of measure3,870 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
10
Bathrooms:
10
Full Bathrooms:
8
Half Bathrooms:
2
Stories:
1 Story
Total Stories:
1
Year Built:
1955
Age (in years):
Switch units of measure71 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, Exchange, VA
Cap Rate.:
5.0
Gross scheduled income:
150600.0
Other income actual:
0
Operating expense:
51360.0
Number of Units:
4
Number of Units with Cooling:
4
Tenant pays:
Electricity
Unit Number for Unit 1:
843 #1
Unit Number for Unit 2:
843 #2
Unit Number for Unit 3:
845 #1
Unit Number for Unit 4:
845 #2
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure6,970 sq. ft.
Parcel Number:
626-292-05-00
Cooling:
Central Forced Air
Roof:
Composition
Security:
N/K
Zoning:
R-2:MINOR
Fencing:
Partial
Listed by Seller's Corner Real Estate
Data was last updated March 3, 2026 at 03:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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