SoldJun 27, 2025

Listed by Kelsey Olson and Patrick Kappel from Compass

Bought with David George from First Wave Properties

Source: San Diego MLS #250029617

523 9th Street, Imperial Beach, CA, 91932

$1,550,000

6
5
3450 sq. ft.

MultiFam

14 days on the market

Sold: Jun 27, 2025

What's around 523 9th Street

About this property

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.

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