Imperial Beach Duplex Investment
1026-28 Georgia Imperial Beach, CA 91932
1026-28 Georgia, Imperial Beach, CA, 91932
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For Sale
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Duplex near the beach with income and expansion potential.
Property Size2,856 SF
Price / SF$463.94
Days on Market120
Property Features for 1026-28 Georgia
General Information
- Standard status
- Active
- Size
- 2,856 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1988
Listing Agency
Arrow Real Estate
(858) 224-2457
Listed by
Elizabeth Rowe · License #01917609
Source
Crexi
Added: Mar 20 Checked: Jul 16 at 12:31 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arrow Real Estate
Investment Insights
Based on property information with market context.
This duplex in Imperial Beach presents an investment opportunity, situated minutes from the beach. Each unit features 3 bedrooms and 2.5 baths, with spacious layouts designed to attract renters. The property includes front and back yards, along with a detached 2-car garage for each unit. Alley access is also available. The 2,856 square foot lot may allow for additional units or expansion, pending city approval, which could increase rental income. This property is suited for investors seeking an income-producing asset in a high-demand location.
Key Highlights
- Prime duplex investment opportunity in Imperial Beach, minutes from the beach.
- Each unit features 3 bedrooms and 2.5 baths with spacious layouts.
- Strong rental appeal with income‑producing potential.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.1k | $27.00 |
| − Vacancy | −$4.0k | −$1.40 |
| EGI | $73.1k | $25.60 |
| − OpEx | −$21.9k | −$7.68 |
| NOI | $51.2k | $17.92 |
2,856 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$731.0K
$639.7K – $852.9K
NOI $51,172 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$677.9K
$593.2K – $790.9K
NOI $47,454 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M
NOI $91,597 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex near the beach with income and expansion potential.
Where is this duplex located?
The property is located at 1026-28 Georgia Imperial Beach, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Prime duplex investment opportunity in Imperial Beach, minutes from the beach.; Each unit features 3 bedrooms and 2.5 baths with spacious layouts.; Strong rental appeal with income‑producing potential.
