Incredible Beachside Investment Opportunity. Don’t miss this rare chance to own a prime duplex directly across from the beach, offering nearly 95 feet of unobstructed ocean views. Situated in one of the most sought-after coastal locations, this is one of the last remaining lots with this kind of frontage—making it a true gem for investors or developers. This offering includes two combined lots—the front lot with the duplex and the rear lot (APN 625-353-02-00)—totaling approximately 9,500 sq ft (95 wide x100 deep). The size, location, and ocean views make this an exceptional canvas for your next investment or luxury development project.
Total Floor Area:
4,761 sq. ft.442 m2
Lot Size:
4,000-7,499 SF
Lot Size:
4,792 sq. ft.445 m2
Number of Buildings:
2
Number of Units:
3
Year Built:
1947
Stories:
1 Story
Total Stories:
1
Market Area:
South Bay
Community:
IMPERIAL BEACH
County:
San Diego
Neighborhood Code:
Imperial Beach
Name of Complex/Subdivision:
None
Home Owner Fees:
0.0
Home Owner Fees Include:
Termite, Water
Mello Roos Fee:
0.0
Monthly Total Fees:
25.0
Other Fees:
300.0
Other Fees Frequency:
Annual
Other Fee Type:
N/K
Tenant pays:
Cable TV, Electricity
Other income:
0
Annual expense actual:
19605
Cap Rate.:
1.6
Gross Rent Multiplier:
2.13
Gross scheduled income:
81000
Unit Number for Unit 1:
967
Bedrooms for Unit 1:
1
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
1500.0
Total Rent for Unit 1:
2050.0
Parking for Unit 1:
Assigned
Unit 1 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 1:
No
Unit Number for Unit 2:
969
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:
1500.0
Total Rent for Unit 2:
2050.0
Parking for Unit 2:
Assigned
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
No
Unit Number for Unit 3:
111
Finished Area for Unit 3:
1,036 sq. ft.96.2 m2
Bedrooms for Unit 3:
2
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
500.0
Total Rent for Unit 3:
2650.0
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
Yes
Number of bathrooms for Unit 4:
0
Each unit in the duplex features 1 bedroom and 1 bathroom, along with a shared yard perfect for entertaining or relaxing after a day at the beach. Whether you choose to remodel the existing structure or redevelop entirely, the potential here is unmatched. Selling with 111 Elder Ave. (APN#625-353-02-00) Single family residence 2 bedroom and one bathroom. 1,036 sqft. Opportunities like this don’t come often—secure your piece of the coast today.
Elder Ave
Site Influences:
Alley Access, Corner Lot
Exposure Front:
Ocean/Sand
Exterior Features:
Stucco
View:
Ocean/Bay
Directions:
GPS
Cooling:
None
Heating:
N/K, Other/Remarks
Heating fuel:
Electric
Irrigation:
N/K
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
0
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
2
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
0
Pool:
N/K
Pool Heat:
None Known
Spa:
N/K
Spa Heat:
None Known
Roof:
Composition
RV Parking:
On-Site Parking
Sewer Septic:
Sewer Connected
Water Heater Type:
Electric
Water supply:
Meter on Property
Security:
N/K
Fencing:
Full
Topography:
Level
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional
Pets:
Yes
Parcel Number:
625-353-01-00
Listed by Douglas Elliman of California, Inc.
Data was last updated July 2, 2025 at 11:10 AM (UTC)
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