4-Unit Two-Story
New
For Sale
$1,399,000
235 41 Daisy Ave, Imperial Beach, CA 91932
Two residences are occupied, while the remaining units offer room to refresh the property’s rental offering.
Property Size2,772 SF
Lot Size0.11 Acres
Price / SF$504.69
Days on Market3
Property Features for 235 41 Daisy Ave
General Information
Standard status
Active
Size
2,772 SF
Lot size
0.11 Acres
Property subtype
Investment
Property Condition
Severity
Repairs Needed
Evidence
older but functional interiors
Additional Details
Gross Income
$48,768
Highway Access
Yes
Multifamily Units
4
Building Details
Year Built
1970
Stories
2
Units
4
Listing Agency:
Real Broker
Listed By:
Stacy Colledge · License #02139218
(949) 436-3200
Source:
Elliman
Added: Oct 4
Last Checked: Oct 5 at 5:02PM
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 Real Broker
Investment Insights
Based on property information with market context.
This two-story quadplex, built in 1970, contains approximately 2,772 square feet of living space on an approximately 4,840-square-foot lot. Public records show a total of 6 bedrooms and 4 bathrooms. Two of the four units are occupied; the interiors are older, and the property may benefit from updates to kitchens, bathrooms, flooring, paint, and fixtures.
In Imperial Beach, the property is near the Pacific Ocean, beaches, parks, restaurants, shops, and waterfront recreation. Highway 75 and Interstate 5 provide access toward Coronado, Chula Vista, downtown San Diego, and the U.S.–Mexico border.
The possibility of adding up to two units or ADUs may be explored, subject to zoning, permitting, regulations, and construction feasibility.
In Imperial Beach, the property is near the Pacific Ocean, beaches, parks, restaurants, shops, and waterfront recreation. Highway 75 and Interstate 5 provide access toward Coronado, Chula Vista, downtown San Diego, and the U.S.–Mexico border.
The possibility of adding up to two units or ADUs may be explored, subject to zoning, permitting, regulations, and construction feasibility.
Key Highlights
- Four existing residential units in a two‑story building
- Approximately 2,772 square feet of living space on an approximately 4,840‑square‑foot lot
- Public records indicate 6 bedrooms and 4 bathrooms total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,666
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,320
$993.3K
Cap Rate 7%
$709,514
$709.5K
Cap Rate 9%
$551,844
$551.8K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$74.8K $27.00/SF
− Vacancy
−$3.9K −$1.40/SF
EGI
$71.0K $25.60/SF
− OpEx
−$21.3K −$7.68/SF
NOI
$49.7K $17.92/SF
Area
San Diego County, CA
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,320
Cap Rate 7%
$709,514
Cap Rate 9%
$551,844
Alternative Uses
Best Use
Multifamily LT 5
$709.5K
$620.8K – $827.8K
NOI $49,666 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$658.0K
$575.7K – $767.6K
NOI $46,058 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,903 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
517
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Two residences are occupied, while the remaining units offer room to refresh the property’s rental offering.
Where is this quadplex located?
The property is located at 235 41 Daisy Ave Imperial Beach, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Four existing residential units in a two‑story building; Approximately 2,772 square feet of living space on an approximately 4,840‑square‑foot lot; Public records indicate 6 bedrooms and 4 bathrooms total
