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Triplex with Separate Rear Access
New
For Sale
$999,000

1147 1151 Florence, Imperial Beach, CA 91932

A detached three-bedroom home fronts two occupied one-bedroom units, each reached from the alley.

Property SizeContact for details
Days on Market6

Property Features for 1147 1151 Florence

General Information

Standard status Active
Property subtype Investment

Units

Unit Mix 1 x 3BR/1.5BA, 2 x 1BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Amenities

laundry hookups
front and back yards

Building Details

Year Built 1955
Buildings 2
Stories 1
Units 3
Listed By: Gregory Dunn
Source: Elliman
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 5 at 6:45PM

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 Gregory Dunn

Investment Insights

Based on property information with market context.

This 1955 triplex pairs a vacant front house with a rear building containing two occupied one-bedroom, one-bath units. The front residence has three bedrooms, one and a half baths, hardwood floors, dual-pane windows, an attached garage with laundry hookups, and front and rear yards. Each rear unit has its own alley access and off-street parking.

Gas and electric service are separately metered for all three units, with tenants paying those utilities; the owner pays water and trash. Nearby destinations include La Posta Market, the post office, restaurants along IB Blvd, and Montessori Learning Academy, one block away. Bike lanes connect toward the pier and beach.

Key Highlights

  • Three units: one 3BR/1.5BA front house and two 1BR/1BA rear units
  • Front house is vacant; both rear units have long‑term tenants
  • Front residence includes hardwood floors, dual‑pane windows, an attached garage, and laundry hookups

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Dental Office

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

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

895
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - A detached three-bedroom home fronts two occupied one-bedroom units, each reached from the alley.
Where is this triplex located?
The property is located at 1147 1151 Florence Imperial Beach, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three units: one 3BR/1.5BA front house and two 1BR/1BA rear units; Front house is vacant; both rear units have long‑term tenants; Front residence includes hardwood floors, dual‑pane windows, an attached garage, and laundry hookups
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