5% DAY-ONE CAP RATE COASTAL 4-UNITS IN IMPERIAL BEACH | $12,550/MONTHLY INCOME. LEASES IN PLACE. TURN-KEY HOMES. 843-845 10th St. is a great investment opportunity in Imperial Beach, a mile from the ocean. This high-performing asset generates $12,550 / month in current rents, offering investors a 5% cap rate. The property features a mix of (2) 3 bed /3.5 bath homes and (2) 2 bed/1 bath homes. All the units have yards, parking, laundry, and meters. Capital improvements include the remodeling of the front two units in 2022, and the back two units are new construction, each featuring a 2-car garage, solar panels, and tankless water heaters. Located in Dolphin Bay, a quiet neighborhood near shops, dining, and a mile from Seacoast Drive and the Pacific Ocean. The Gaylord Pacific and Convention Center is 5 miles away in Chula Vista. This investment is also near NAS North Island, NAB Coronado, and the Silver Strand Training Complex. This offering is perfect for those looking for a turn-key, income-producing investment in a high-demand rental market.
- Cooling System:
- Central Forced Air
- Fence:
- Partial
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- Imperial Beach
- Community:
- IMPERIAL BEACH
- Zipcode:
- 91932
- Street:
- 10Th St
- Street Number:
- 843-845
- Longitude:
- W118° 53' 18.3''
- Latitude:
- N32° 34' 53.1''
- Mls Area Major:
- South Bay
- Zoning:
- R-2:MINOR
- Office Name:
- Seller's Corner Real Estate
- Agent Name:
- Kaushal K Patel
- Building Size:
- 3870
- Construction Materials:
- Stucco
- Levels:
- 1 Story
- Number Of Units Total:
- 4
- Stories Total:
- 1
- Virtual Tour:
- https://youtube.com/shorts/RpVYBAtudJE
- Co List Agent Full Name:
- Jorge Verdugo
- Co List Agent Mls Id:
- 634911
- Co List Office Mls Id:
- 991421
- Co List Office Name:
- Seller's Corner Real Estate
- List Agent Mls Id:
- 679821
- List Office Mls Id:
- 991421
- Listing Term:
- Cash,Conventional,Exchange,VA
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2025-08-26T17:56:03Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
843-845 10th St, Imperial Beach, CA 91932
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 250036919
- Price :
- $2,100,000
- Bedrooms :
- 10
- Bathrooms :
- 10
- Half Bathrooms :
- 2
- Year Built :
- 1955
- Status :
- Active
- Full Bathrooms :
- 8
- Property Sub Type :
- Res Income 2-4 Units
- Roof:
- Composition
