Spacious Imperial Beach
1352 54 Imperial Beach Blvd. Imperial Beach, CA 91932
For Sale
$979,995
Large duplex with separate utilities, yards, entrances, and garages.
Property Size2,276 SF
Price / SF$430.58
Days on Market117
Property Features for 1352 54 Imperial Beach Blvd.
General Information
- Standard status
- Active
- Size
- 2,276 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1960
Listing Agency:
Starker West
(619) 813-7583
Listed By:
Eric Lowe
(619) 813-7583
Source:
Elliman
Added: Apr 1
Changed: Jul 10
Last Checked: Jul 26 at 12:23PM
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 Starker West
Investment Insights
Based on property information with market context.
This Imperial Beach duplex features two units, each with 3 bedrooms and 1 bathroom. The units have attached garages, large private backyards, and dedicated driveways, providing a sense of independent living similar to two single-family homes on one lot. The property includes separate utilities, separate backyards, separate entrances, and separate garages for each unit. One of the units has been repainted and features updated kitchen cabinets and new bedroom carpets, making it move-in ready. The property is centrally located near elementary schools, Imperial Beach Charter School, and Mar Vista High School, and is within walking distance of neighborhood parks. The duplex is suitable for home buyers looking to offset their mortgage with rental income or investors seeking a mid-term rental opportunity. The large unit sizes, enclosed yards, attached garages, and dedicated parking are attractive to Department of Defense contractors, relocating families, and other renters seeking furnished rental options. The total building square footage is approximately 2,276 square feet. The location has a walk score of 62, indicating it is somewhat walkable, a bike score of 43, indicating it is somewhat bikeable, and a transit score of 47, indicating some transit options are available.
Key Highlights
- Rare, extra‑large duplex functioning like two single‑family homes with separate utilities, entrances, backyards, and garages.
- Each unit features 3 bedrooms and 1 bathroom.
- Unit 1354 is move‑in ready with fresh paint, updated kitchen cabinets, and new carpet.
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 | $61.5k | $27.00 |
| − Vacancy | −$3.2k | −$1.40 |
| EGI | $58.3k | $25.60 |
| − OpEx | −$17.5k | −$7.68 |
| NOI | $40.8k | $17.92 |
2,276 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$582.6K
$509.8K – $679.7K
NOI $40,780 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$540.2K
$472.7K – $630.3K
NOI $37,817 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$1.04M
$912.4K – $1.22M
NOI $72,995 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Large duplex with separate utilities, yards, entrances, and garages.
Where is this duplex located?
The property is located at 1352 54 Imperial Beach Blvd. Imperial Beach, CA.
What is the asking price?
The asking price for this property is $979,995.
What are key features of this property?
This property features: Rare, extra‑large duplex functioning like two single‑family homes with separate utilities, entrances, backyards, and garages.; Each unit features 3 bedrooms and 1 bathroom.; Unit 1354 is move‑in ready with fresh paint, updated kitchen cabinets, and new carpet.
