Turn-Key Triplex Development
1193-97 Georgia St, Imperial Beach, CA 91932
For Sale
Contact for pricing
Fully rented triplex with development potential in Imperial Beach.
Property Size1,837 SF
Price / SF$919.37
Days on Market243
Property Features for 1193-97 Georgia St
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Compass
Listed By:
Carlos Pastrana · License #01773220
Source:
Crexi
Added: Mar 11
Changed: Nov 3
Last Checked: Nov 6 at 7:16AM
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 Compass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a turn-key triplex located at 1195 Georgia Street A-C, Imperial Beach, CA 91932, presenting a rare investment opportunity minutes from the beach. The property is fully rented and offers immediate cash flow with strong in-place income, along with significant upside potential through redevelopment or expansion. Situated on an expansive corner lot with alley access in an R-3000 zoning area, the property benefits from favorable density allowances, making it ideal for an investor or end-user looking to add units or reconfigure the site for even greater returns. The land value alone offers long-term appreciation and flexibility, with Imperial Beach growth and redevelopment trends continuing to rise. Each of the 3 units is well-maintained and occupied, providing steady income from day one. The property size is 1837 square feet. The property offers the opportunity to add two more units. It is suitable for investors seeking a strong cash-flowing asset or a homeowner aiming to live in one unit while generating income from the others.
Key Highlights
- Development opportunity to add two more units due to R‑3000 zoning and favorable density allowances.
- Turn‑key triplex with immediate cash flow from fully rented units.
- Located minutes from the beach in Imperial Beach.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
959
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
$811,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in San Diego County, CA
Properties on Market for Triplexes in San Diego County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Fully rented triplex with development potential in Imperial Beach.
Where is this triplex located?
The property is located at 1193-97 Georgia St Imperial Beach, CA.
What is the asking price?
The asking price for this property is $1,688,888.
What are key features of this property?
This property features: Development opportunity to add two more units due to R‑3000 zoning and favorable density allowances.; Turn‑key triplex with immediate cash flow from fully rented units.; Located minutes from the beach in Imperial Beach.
