For Sale

Listed by Christina Labowicz from ACI Apartments

Source: San Diego MLS #250041390

1150 11th Street, Imperial Beach, CA, 91932

$2,725,000

14
7
6656 sq. ft.

Other

•

30+ days on the market

What's around 1150 11th Street

About this property

Welcome to your next investment in San Diego’s last affordable beach town! This property offers the chance to enter a revitalizing coastal market positioned for strong appreciation and income growth. Built in 1979, it features an ideal mix of (2) 3BR/2BA townhomes (1,088 + 1,508 SF) with attached garages, (2) 2BR/1.5BA townhomes (1,120 SF), and (2) 2BR/1BA apartments (910 SF) situated above (7) garages, totaling 2,508 SF of garage space + laundry facility on a 16,230 SF lot. Each unit offers outdoor living space and family-friendly layouts — increasingly rare in a county where over 60% of new construction consists of studios and 1BRs, fueling demand for spacious 2- and 3-bedroom homes. Current GSI is $194,328, with light cosmetic upgrades projected to raise income to $247,080, creating immediate upside in both cash flow and equity. The (9) garages present additional ADU conversion potential, adding long-term value. Ongoing infrastructure improvements are enhancing livability and driving new investment in Imperial Beach. Combined with its walkable coastal lifestyle and surf-town charm, the area continues to attract long-term tenants. With limited 2- and 3-bedroom inventory near the coast, now is the time to secure a rare coastal investment before values climb.

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