Four-Unit Multifamily
New
For Sale
$1,399,000
235-41 Daisy Ave, Imperial Beach, CA 91932
Residential Income, Imperial Beach, CA
Property Size2,772 SF
Lot Size0.11 Acres
Price / SF$504.69
Days on Market4
Property Features for 235-41 Daisy Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3:RESTRI
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 5
Subdivision
IMPERIAL BEACH
Directions
From I-5, take the Palm Ave/CA-75 exit west toward Imperial Beach. Continue west on Palm Ave, turn left on 3rd St, then right on
Standard status
Active
APN
625-282-05-00
Lot size
0.11 Acres
Utilities
Heating system
Forced Air
Building Details
Year built
1970
Floors in Building
2
Number of units
4
Roof type
Composition
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Stacy Colledge · License #02139218
(949) 436-3200
Added: Oct 3
Last Checked: Oct 6 at 4:06AM
MLS# 260024122
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story, four-unit multifamily property was built in 1970 and contains approximately 2,772 square feet of living space. Public records show a total of 6 bedrooms and 4 bathrooms. The interiors are described as older yet functional, and forced-air heating and a composition roof are among the property’s features. The parcel measures approximately 4,840 square feet, or 0.1111 acres.
The property is in Imperial Beach, with access to Highway 75 and Interstate 5. The Pacific Ocean, beaches, parks, restaurants, shops, and waterfront recreation are among the nearby amenities. Two units are occupied, providing current rental income.
The property is in Imperial Beach, with access to Highway 75 and Interstate 5. The Pacific Ocean, beaches, parks, restaurants, shops, and waterfront recreation are among the nearby amenities. Two units are occupied, providing current rental income.
Key Highlights
- Four existing residential units
- Approximately 2,772 square feet of living space
- Approximately 4,840 square foot lot (0.1111 acres)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,666
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,320
$993.3K
Cap Rate 7%
$709,514
$709.5K
Cap Rate 9%
$551,844
$551.8K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$74.8K $27.00/SF
− Vacancy
−$3.9K −$1.40/SF
EGI
$71.0K $25.60/SF
− OpEx
−$21.3K −$7.68/SF
NOI
$49.7K $17.92/SF
Area
San Diego County, CA
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,320
Cap Rate 7%
$709,514
Cap Rate 9%
$551,844
Alternative Uses
Best Use
Multifamily LT 5
$709.5K
$620.8K – $827.8K
NOI $49,666 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$658.0K
$575.7K – $767.6K
NOI $46,058 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,903 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Explore this area
Business Placement
Demographics for 91932, CA
26,013
Population
10,276
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
6,050
Density / Sq Mi
$79,071
Median Household Income
$41,917
Median Earnings
$1,914
Median Rent
$811,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two of the four residences are occupied and currently produce rental income.
Where is this quadplex located?
The property is located at 235-41 Daisy Ave Imperial Beach, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Four existing residential units; Approximately 2,772 square feet of living space; Approximately 4,840 square foot lot (0.1111 acres)
