Spacious Imperial Beach
For Sale
$979,995
1352 54 Imperial Beach Blvd., Imperial Beach, CA 91932
Large duplex with separate utilities, yards, entrances, and garages.
Property Size2,276 SF
Price / SF$430.58
Days on Market123
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: Aug 1 at 9:37AM
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 authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
