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Key Details
Sold Price $1,615,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Imperial Beach
MLS Listing ID 250038042
Sold Date 11/10/25
Bedrooms 8
Full Baths 4
Year Built 1967
Property Sub-Type Res Income 2-4 Units
Property Description
Upgraded Fourplex in Imperial Beach with Assumable VA Loan This upgraded fourplex in Imperial Beach is a great opportunity for investors and owner-occupants. Each unit offers modern kitchens, renovated bathrooms, new flooring, and fresh paint, delivering a turnkey property with minimal upkeep and strong potential. The property currently operates at a 4.7% cap rate with room to grow, offering immediate cash flow and long-term upside. A rare highlight is the assumable VA loan, creating substantial savings for qualified buyers. Located minutes from the beach, parks, dining, and shopping, this fourplex is in a high-demand rental market with consistent growth. Don't miss the chance to secure a low-maintenance, income-producing property with attractive financing in one of San Diego's most desirable coastal communities.
Location
State CA
County San Diego
Area South Bay
Interior
Heating Wall/Gravity
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N No
Water Access Desc Meter on Property
Roof Type Rolled/Hot Mop
Building
Story 2
Water Meter on Property
Level or Stories 2
Others
Senior Community No
Tax ID 633-232-45-00
Acceptable Financing Assumable, Cash, Conventional, Exchange, VA
Listing Terms Assumable, Cash, Conventional, Exchange, VA
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Bought with Gregory L Miller Premier Agency Real Estate Inc.