Pending

1125 Elder Ave

Imperial Beach CA, 91932

$1,300,000


$619.05 per sqft

Pending

5 Beds

3 Baths

2,100 sqft

Multi-family

Built in 1975

Charming duplex nestled in Imperial Beach's residential neighborhood. Located in a serene corner lot within a peaceful residential area, this property offers the best of coastal living just 12 blocks from the iconic Imperial Beach pier. The main house features four bedrooms and two bathrooms, complete with a convenient 2-car garage and driveway. This unit features a fully equipped kitchen, brand new washer and dryer, and central heating. Two gated yard spaces provide plenty of privacy and greenery. As part of the main residence, there is a carve-out, one-bedroom, one-bathroom ADU. This unit features a fully equipped kitchen, a wall heater, a private gated yard, and ample parking space for up to three cars. Both units showcase tile flooring throughout, fresh paint, and the added benefit of new solar panels, ensuring energy efficiency and cost savings. This property presents an enticing opportunity for investors seeking immediate rental income from both units. Alternatively, it offers a unique prospect for first-time homebuyers to reside in the smaller unit while leasing out the main house to offset mortgage expenses and property upkeep costs. Don't miss out on this versatile and income-generating property, perfectly positioned for coastal living and smart investment strategies.

240006020

MLS ID

March 20, 2024

Listed

April 15, 2024

Updated

Map

1125 Elder Ave
Imperial Beach CA, 91932

Interior Features

Total Stories

1


Bedrooms

5 Beds


Bathrooms

3 Baths


Interior Features

High Speed Internet


Appliances

Gas Water Heater, Range/Oven, Refrigerator, Dryer, Washer


Laundry Description

Unit 2 Hookups


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas, Forced Air, Wall/Gravity

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Corner Lot, Curbs, Sidewalks


Roof

Composition

Other Property Details

Area Name

South Bay


Days on Market

24


Garage

Yes


Garage Spaces

2


Parking

Garage, Garage(Attached)


View

No


View Description

None


County

San Diego


Water Source

Meter on Property


Pool

No


Pool Features

None


Zoning

R-3000


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/15/2024

Pending

Listed by Otay Mesa Realty, Gregory A Dunn,
Listing Contact: 619-794-5555 

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