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Residential Income Duplex with Studio
For Sale
$950,000

1243 7th St, Imperial Beach, CA 91932

Attached studio has a separate entrance and is currently generating $1,800 per month in rental income.

Days on Market39

Property Features for 1243 7th St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1953
Construction mid-century
Listing Agency: Costa Modern Properties
Listed By: Madeline Foley · License #02056028
Source: Elliman
Added: Jun 23 Changed: Jul 22 Last Checked: Jul 31 at 12:20PM

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 Costa Modern Properties

Investment Insights

Based on property information with market context.

This mid-century single-story home includes a main residence plus an attached income-producing studio. The studio features a completely separate entrance and is currently generating $1,800 per month in rental income. Original hardwood floors and mid-century character are present throughout the home, and the kitchen opens to a huge patio for indoor-outdoor living. An additional detached shed offers flexible space for a home gym, office, or creative/work-from-home setup, and there is also a garage.

Set on a large lot, the property provides room to expand, customize, or enjoy the layout as-is. It is located in Imperial Beach near Veterans Park, the library, and estuary trails, with convenient access to Seacoast, local restaurants, shopping, and the Pier.

Overall, the configuration is well-suited to an owner-occupant plan that pairs a primary residence with rental income, supported by the studio’s separate entrance and independent access.

Key Highlights

  • 1953‑built single‑story home with 3 bedrooms and 1 bathroom
  • Attached income‑producing studio with a completely separate entrance currently generating $1,800/month in rental income
  • Original hardwood floors and mid‑century character throughout the main house

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store HVAC Service Locksmith Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Attached studio has a separate entrance and is currently generating $1,800 per month in rental income.
Where is this duplex located?
The property is located at 1243 7th St Imperial Beach, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1953‑built single‑story home with 3 bedrooms and 1 bathroom; Attached income‑producing studio with a completely separate entrance currently generating $1,800/month in rental income; Original hardwood floors and mid‑century character throughout the main house
More about this property
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