Two-Unit Duplex with
For Sale
$880,000
Pending
931-935 13th St, Imperial Beach, CA 91932
Both residences include private driveways, while each offers outdoor space and the front has a refreshed interior.
Property Size2,240 SF
Days on Market145
Property Features for 931-935 13th St
General Information
Standard status
Pending
Size
2,240 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
private fenced backyard
generous outdoor space
Building Details
Year Built
1956
Listing Agency:
Wells Estates
Listed By:
Vincent Wells vince@wellsestatesca.com
Source:
Viewsandiegorealestate
Added: May 25
Changed: Oct 1
Last Checked: Oct 14 at 11:51PM
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 Wells Estates
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with 3 bedrooms and 2 full baths. The front residence has a refreshed interior, a dedicated driveway, and a fenced private backyard. The rear residence provides separate driveway parking along with both front and rear yard areas.
The property is located at 931-935 13th St in Imperial Beach, near Imperial Beach Plaza, coffee shops, restaurants, and other amenities. Access to freeways, the Harbor District, military bases, public transportation, and schools is also identified. The building was constructed in 1956 and contains 2,240 square feet.
The property is located at 931-935 13th St in Imperial Beach, near Imperial Beach Plaza, coffee shops, restaurants, and other amenities. Access to freeways, the Harbor District, military bases, public transportation, and schools is also identified. The building was constructed in 1956 and contains 2,240 square feet.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full baths
- 2,240‑square‑foot duplex built in 1956
- Front residence includes a refreshed interior and fenced private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,135
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$802,700
$802.7K
Cap Rate 7%
$573,357
$573.4K
Cap Rate 9%
$445,944
$445.9K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$60.5K $27.00/SF
− Vacancy
−$3.1K −$1.40/SF
EGI
$57.3K $25.60/SF
− OpEx
−$17.2K −$7.68/SF
NOI
$40.1K $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%
$802,700
Cap Rate 7%
$573,357
Cap Rate 9%
$445,944
Alternative Uses
Best Use
Multifamily LT 5
$573.4K
$501.7K – $668.9K
NOI $40,135 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$531.7K
$465.2K – $620.3K
NOI $37,219 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$1.03M
$898.0K – $1.20M
NOI $71,841 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,036
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private driveways, while each offers outdoor space and the front has a refreshed interior.
Where is this duplex located?
The property is located at 931-935 13th St Imperial Beach, CA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full baths; 2,240‑square‑foot duplex built in 1956; Front residence includes a refreshed interior and fenced private backyard
