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IMPERIAL BEACH Property for sale: 523 9th St

523 9th St Imperial Beach

Main Photo: IMPERIAL BEACH Property for sale: 523 9th Stbanner
$1,599,999
Prop. Type:
2-4 Units
MLS® Num:
250029617
Status:
Active
Year Built:
2016
Live in the front house and offset the mortgage by renting out the back two units! This 3 unit property offers you the best of both worlds - your dream home without the dream home monthly payment! Incredible Investor Metrics Cap Rate: 5.5% and GRM: 13. The main house offers over 2,200 sq ft of elegant living space, featuring 4 bedrooms, 3 bathrooms, an open floor plan, a chef's kitchen with granite countertops, an expansive master suite w/ double vanity sinks, walk-in closet, separate laundry room, and attached 2 car garage. Step outside to a private, turfed backyard perfect quite nights with the family or entertaining friends and relatives. This property also includes two income-generating units: a fully remodeled 2-bedroom, 1-bathroom unit with in unit W/D hooks up and 2 tandem parking spaces. The upstairs unit, a modern stylish studio with a large deck and stunning bay views. Fully paid solar adds to its appeal, making this home both luxurious and sustainable. Embrace the best of California living with this unique real estate opportunity! Minutes to shops, restaurants, and beaches.
Total Floor Area:
Switch units of measure7,199 sq. ft.
Lot Size:
4,000-7,499 SF
Number of Buildings:
2
Number of Units:
2
Year Built:
2016
Stories:
2 Story
Total Stories:
2
Market Area:
South Bay
Community:
IMPERIAL BEACH
County:
San Diego
Neighborhood Code:
Imperial Beach Bayside
Name of Complex/Subdivision:
N/A
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
N/K
Other income:
0
Annual expense actual:
0
Cap Rate.:
4.71
Gross Rent Multiplier:
15.5
Gross scheduled income:
119400
Finished Area for Unit 1:
Switch units of measure2,300 sq. ft.
Bedrooms for Unit 1:
4
Number of bathrooms for Unit 1:
3
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
1
Deposit for Unit 1:
0.0
Total Rent for Unit 1:
0.0
Projected Rent for Unit 1:
5400.0
Total Garage Spaces for Unit 1:
2
Garage for Unit 1:
Attached
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Finished Area for Unit 2:
Switch units of measure750 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
0.0
Total Rent for Unit 2:
0.0
Projected Rent for Unit 2:
2550.0
Total Garage Spaces for Unit 2:
0
Garage for Unit 2:
Tandem
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
Yes
Finished Area for Unit 3:
Switch units of measure400 sq. ft.
Bedrooms for Unit 3:
0
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Projected Rent for Unit 3:
2000.0
Total Garage Spaces for Unit 3:
0
Number of bathrooms for Unit 4:
0
Cypress Ave
School District URL:
https://www.sandiegounified.org/
Elementary School:
San Diego Unified School District
Elementary School URL:
https://www.sandiegounified.org/
Middle School:
San Diego Unified School District
Middle School URL:
https://www.sandiegounified.org/
High School:
San Diego Unified School District
Lot Details:
140x52
Exterior Features:
Vinyl
Cooling:
Central Forced Air
Heating:
Forced Air Unit
Heating fuel:
Natural Gas
Number of Units with Cooling:
3
Number of Units with Dishwashers:
2
Number of Units with Dryers:
2
Number of Units with Fireplaces:
1
Number of Furnished Units:
0
Number of Units with Garages:
1
Number of Units with Patios:
1
Number of Units with Range/Oven:
3
Number of Units with Refrigerators:
3
Number of Units with Washers:
2
Roof:
Composition
Security:
N/K
Fencing:
Full
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cal Vet, Cash, Conventional, Exchange, FHA, VA
Parcel Number:
6260901400
Listed by Compass
Data was last updated June 8, 2025 at 01:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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