Brokerage
Brokerage
1216 11th Street
1216 11th Street, Imperial Beach, CA, USA
Active
$989,000
Duplex




Property Type
Multifamily
Units
2
SqFt
1,702
Price
$989,000
Price/Unit
$494,500
Year Built
1955
Market
Imperial Beach
Price/SF
$581
Cap Rate
2.58%
GRM
20.86
Unit Mix
(1) 3bed/2bath, (1) Studio
Property Description
Top Gun CRE is pleased to present 1216 11th St, a value add duplex in the heart of Imperial Beach, CA. This corner lot offering includes a 3 bedroom, 2 bath main house plus an attached 360 sq ft ADU (permit status unknown), a two-car garage and ample off-street parking. Both residences deliver rental upside through interior updates and lease resets at current market rates, and there’s further value potential by converting the garage into additional living space to expand the ADU. Located just minutes from the beach, retail and dining, this property offers investors reliable cash flow today and the opportunity to drive significant value growth in one of Southern California’s most sought after coastal communities.