Individually Metered
919-21 Georgia Street Imperial Beach, CA 91932
919-21 Georgia Street, Imperial Beach, CA, 91932
Contact for pricing
For Sale
Contact for pricing
Duplex with two 2-bedroom, 1-bath units and separately metered access, including gated rear driveway and parking.
Property Size2,000 SF
Price / SF$394.50
Days on Market104
Property Features for 919-21 Georgia Street
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Multifamily
Listing agency
United Real Estate San Diego
Listed by
Ryan Schuder · License #01900202
Source
Crexi
Added: Apr 9 Updated: Jul 20 at 8:15PM Checked: Jul 21 at 2:04PM
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 United Real Estate San Diego
Investment Insights
Based on property information with market context.
This duplex offers two separately metered, occupied units with matching 2-bedroom, 1-bath layouts. Unit 921 has been updated with vinyl plank flooring, an open-concept living area, stainless steel appliances, and an upgraded bathroom with a tiled shower stall. Unit 921 also includes a functional outdoor laundry room and a newer water heater. Unit 919 features the same floorplan and is in need of some TLC.
Located at 919–21 Georgia Street in Imperial Beach, the property also includes a lengthy gated rear driveway and separate back alley parking. The rear access area may support additional tenants or future improvements, depending on how the site is developed.
Each unit is described as approximately 1,000 square feet, providing generous living space within the duplex configuration.
Located at 919–21 Georgia Street in Imperial Beach, the property also includes a lengthy gated rear driveway and separate back alley parking. The rear access area may support additional tenants or future improvements, depending on how the site is developed.
Each unit is described as approximately 1,000 square feet, providing generous living space within the duplex configuration.
Key Highlights
- IB duplex with two separately metered, occupied units—each unit is a 2 bed / 1 bath layout with approximately 1,000 sq ft
- Unit 921 updates include vinyl plank flooring, open‑concept living area, stainless steel appliances, and an upgraded bathroom with tiled shower stall
- Unit 921 includes a functional outdoor laundry room and a newer water heater
Local 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 | $54.0k | $27.00 |
| − Vacancy | −$2.8k | −$1.40 |
| EGI | $51.2k | $25.60 |
| − OpEx | −$15.4k | −$7.68 |
| NOI | $35.8k | $17.92 |
2,000 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$511.9K
$447.9K – $597.2K
NOI $35,834 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$474.7K
$415.4K – $553.9K
NOI $33,231 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$916.3K
$801.8K – $1.07M
NOI $64,143 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units and separately metered access, including gated rear driveway and parking.
Where is this duplex located?
The property is located at 919-21 Georgia Street Imperial Beach, CA.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: IB duplex with two separately metered, occupied units—each unit is a 2 bed / 1 bath layout with approximately 1,000 sq ft; Unit 921 updates include vinyl plank flooring, open‑concept living area, stainless steel appliances, and an upgraded bathroom with tiled shower stall; Unit 921 includes a functional outdoor laundry room and a newer water heater
