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    843-845 10Th St Imperial Beach, CA 91932

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    For Sale
    $2,100,000

    Turn-key 4-unit property near the ocean with strong rental income.

    Property size:
    3,870 SF

    Property Features for 843-845 10Th St

    General Information

    Size
    3,870 SF

    Building Details

    Year built
    1955

    Source: Keller Williams Realty - San Diego Metro Agent Kaushal Patel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coastal Imperial Beach Income Property

    Located a mile from the ocean in Imperial Beach, this 4-unit property at 843-845 10th St. presents a high-performing investment opportunity. The property generates $12,550 per month in rents, offering a 5% cap rate. The unit mix includes two 3-bedroom, 3.5-bath homes and two 2-bedroom, 1-bath homes. Each unit is equipped with its own yard, parking, laundry facilities, and individual meters. Capital improvements include remodeling of the front two units in 2022. The back two units are new construction and feature 2-car garages, solar panels, and tankless water heaters. Situated in the Dolphin Bay neighborhood, the property is near shops and dining, and a mile from Seacoast Drive and the Pacific Ocean. The Gaylord Pacific and Convention Center is 5 miles away in Chula Vista. The location is also convenient to NAS North Island, NAB Coronado, and the Silver Strand Training Complex. This 3,870 square foot property is suitable for investors seeking a turn-key, income-producing asset in a high-demand rental market.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Imperial Beach
    County
    San Diego
    State
    California
    Longitude
    -117.1115731
    Latitude
    32.5814252

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    FAQs

    What type of property is this?
    Quadplex - Turn-key 4-unit property near the ocean with strong rental income.
    Where is this quadplex located?
    The property is located at 843-845 10Th St Imperial Beach, CA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - 5% Day-One Cap Rate with $12,550 Monthly Income; - Turn-Key Investment Property with Leases in Place; - Mix of (2) 3 Bed/3.5 Bath & (2) 2 Bed/1 Bath Units, All with Yards, Parking, Laundry, and Meters
    (858) 244-3298
    Request Owner's contact information
    843-845 10Th St Imperial Beach, CA 91932
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    Imperial Beach, CA 91932
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    843-845 10Th St Imperial Beach, CA 91932
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