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472 7th Street

Imperial Beach, CA 91932
  • $1,737,000
  • STATUS: ACTIVE
  • ON SITE: 96 Days
  • ID#: PTP2207701
$1,737,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Here is a potential investment or a fixer opportunity to make one of these homes your primary residence and rent out the other for cash flow. There are two single family residences, each with an attached single car garage. Both have a level floorplan of 858 square feet 2 bedrooms and 1 bath. For the first time homebuyer, a remodel could open up the floorplan and add valuable square footage to make this the home of your dreams. The property is zoned R-2: Minor Multiple. For the non-development investor, the cash flow possibilities for this investment, based on the current rents in the Imperial Beach market, is very solid. The value of these homes, with some improvement, and increased rents make this a strong, long-term hold for any investor. The backyard is large, with a lot size of 18,989 square feet and awaits your vision for landscaping, a swimming pool or perhaps multiple ADUs for visitors or added rental income potential. Just picture the memorable holidays, barbecues and get-togethers youll have for family and friends in this oversized yard. Imperial Beach is one of San Diegos best kept secrets. Enjoy our world class surf, 3 mile of sandy beach from the Bayshore Bikeway, which includes a beautiful 13 mile stretch of car free bike paths that connect downtown San Diego to the Coronado Ferry Landing. The South Bay Bayfront is also an up-and-coming project for our area. New public parks, recreational activities, improved natural habitat, and dining/shopping are currently under development along the Bayfront and will be available soon for our Imperial Beach residents and ot Here is a potential investment or a fixer opportunity to make one of these homes your primary residence and rent out the other for cash flow. There are two single family residences, each with an attached single car garage. Both have a level floorplan of 858 square feet 2 bedrooms and 1 bath. For the first time homebuyer, a remodel could open up the floorplan and add valuable square footage to make this the home of your dreams. The property is zoned R-2: Minor Multiple. For the non-development investor, the cash flow possibilities for this investment, based on the current rents in the Imperial Beach market, is very solid. The value of these homes, with some improvement, and increased rents make this a strong, long-term hold for any investor. The backyard is large, with a lot size of 18,989 square feet and awaits your vision for landscaping, a swimming pool or perhaps multiple ADUs for visitors or added rental income potential. Just picture the memorable holidays, barbecues and get-togethers youll have for family and friends in this oversized yard. Imperial Beach is one of San Diegos best kept secrets. Enjoy our world class surf, 3 mile of sandy beach from the Bayshore Bikeway, which includes a beautiful 13 mile stretch of car free bike paths that connect downtown San Diego to the Coronado Ferry Landing. The South Bay Bayfront is also an up-and-coming project for our area. New public parks, recreational activities, improved natural habitat, and dining/shopping are currently under development along the Bayfront and will be available soon for our Imperial Beach residents and other coastal visitors to enjoy. This Bayfront will be a very unique place to live and play. This home is conveniently located just over a mile from our citys beach. You can enjoy the beach lifestyle, the iconic Imperial Beach Pier, local breweries, and restaurants. Come enjoy what Imperial Beach has to offer! Buyer to verify all square footage, boundaries, permits, zoning

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/135395538
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472 7th Street Imperial Beach, CA 91932

  • Price: $1,737,000
  • Status: ACTIVE
  • On Site: 96 Days
  • ID#: PTP2207701
0
Beds
0
Baths
0
½ Baths
0.43
Acres
Neighborhood:
Imperial Beach
County:
San Diego
Area:
Imperial Beach (91932)
Property Description
Here is a potential investment or a fixer opportunity to make one of these homes your primary residence and rent out the other for cash flow. There are two single family residences, each with an attached single car garage. Both have a level floorplan of 858 square feet 2 bedrooms and 1 bath. For the first time homebuyer, a remodel could open up the floorplan and add valuable square footage to make this the home of your dreams. The property is zoned R-2: Minor Multiple. For the non-development investor, the cash flow possibilities for this investment, based on the current rents in the Imperial Beach market, is very solid. The value of these homes, with some improvement, and increased rents make this a strong, long-term hold for any investor. The backyard is large, with a lot size of 18,989 square feet and awaits your vision for landscaping, a swimming pool or perhaps multiple ADUs for visitors or added rental income potential. Just picture the memorable holidays, barbecues and get-togethers youll have for family and friends in this oversized yard. Imperial Beach is one of San Diegos best kept secrets. Enjoy our world class surf, 3 mile of sandy beach from the Bayshore Bikeway, which includes a beautiful 13 mile stretch of car free bike paths that connect downtown San Diego to the Coronado Ferry Landing. The South Bay Bayfront is also an up-and-coming project for our area. New public parks, recreational activities, improved natural habitat, and dining/shopping are currently under development along the Bayfront and will be available soon for our Imperial Beach residents and ot Here is a potential investment or a fixer opportunity to make one of these homes your primary residence and rent out the other for cash flow. There are two single family residences, each with an attached single car garage. Both have a level floorplan of 858 square feet 2 bedrooms and 1 bath. For the first time homebuyer, a remodel could open up the floorplan and add valuable square footage to make this the home of your dreams. The property is zoned R-2: Minor Multiple. For the non-development investor, the cash flow possibilities for this investment, based on the current rents in the Imperial Beach market, is very solid. The value of these homes, with some improvement, and increased rents make this a strong, long-term hold for any investor. The backyard is large, with a lot size of 18,989 square feet and awaits your vision for landscaping, a swimming pool or perhaps multiple ADUs for visitors or added rental income potential. Just picture the memorable holidays, barbecues and get-togethers youll have for family and friends in this oversized yard. Imperial Beach is one of San Diegos best kept secrets. Enjoy our world class surf, 3 mile of sandy beach from the Bayshore Bikeway, which includes a beautiful 13 mile stretch of car free bike paths that connect downtown San Diego to the Coronado Ferry Landing. The South Bay Bayfront is also an up-and-coming project for our area. New public parks, recreational activities, improved natural habitat, and dining/shopping are currently under development along the Bayfront and will be available soon for our Imperial Beach residents and other coastal visitors to enjoy. This Bayfront will be a very unique place to live and play. This home is conveniently located just over a mile from our citys beach. You can enjoy the beach lifestyle, the iconic Imperial Beach Pier, local breweries, and restaurants. Come enjoy what Imperial Beach has to offer! Buyer to verify all square footage, boundaries, permits, zoning
Exterior Features

Lot Dimensions Approx 124 By 152 Pool N/K

Property Features

Actual Cap Rate 1.55 Annual Expense Actual 375336 Assessments N/K Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 32520 Home Owners Fees 0.0 Terms CashConventionalFhaVa

San Diego MLS logo Listing provided courtesy of 3G Development Inc: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CR Paragon
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128