
Imperial Beach, California 91932
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned well below the $1,400,000 Fair Market Value by 3%. This valuation gap offers $50,000 in Instant Equity. Featuring a Mint Condition Rating with two detached, fully renovated homes, this property offers exceptional flexibility. With abundant parking and proximity to the beach, it is a prime asset for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, turnkey multi-generational living solution.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 16 11th St Subject | $1,350,000* List Price | 0 | 0 | 3,600 | $389 | - |
A 962 Florence St Sold | $995,000 | 4 | 5 | 2,200 | $452 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1975, both detached homes have undergone recent comprehensive renovations (likely <5 years). The kitchens feature modern white shaker cabinets, stone countertops, and stainless steel appliances. Bathrooms are fully updated with contemporary fixtures and tile work, and the living areas feature new luxury vinyl plank flooring and fresh paint, putting the property in mint, move-in condition.
The property features two large detached homes on a single lot, offering a rare opportunity for multi-generational living or significant rental income to offset mortgage costs in a desirable beach community.
Both residences have been recently updated or remodeled, featuring modern finishes like luxury vinyl plank flooring and upgraded kitchens, ensuring the property is move-in ready for owners or tenants.
Rare for a high-density beach area, the property provides a 1-car garage plus off-street parking for an additional 3-4 vehicles, easily accommodating the needs of two separate households.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7348, other record lot size in square feet = 6795. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3600, other record living area = 1128.
The assigned public schools for this address have low performance ratings (ranging from 2 to 4), which may limit the property's appeal to families prioritizing top-tier educational districts.
With 48 days on market and two consecutive price reductions from the original list price, the property is experiencing some resistance, suggesting the current valuation is still being tested by the market.
Two detached and beautifully upgraded homes on one lot in a desirable beach community. Front house: 4-large bedrooms/3-full baths/2-car garage/2-driveway parking spots. Back house: 3-bedrooms/2-full baths/1-car attached garage and parking for 3-more vehicles. Whether you're searching for a multigenerational property, an income-producing investment, or a home where rental income helps pay the mortgage, this unique property is it. The front house is inspired by the timeless architecture of New Orleans' French Quarter, this impressive 2,420 sq. ft. home features graceful arched balconies, generous living spaces and an open floor plan. Recently updated, it's ready for immediate occupancy. The detached rear house is tucked privately off the alley, enjoys its own separate access, creating excellent privacy between both homes. This remodeled 1,180 sq. ft. home offers luxury vinyl plank flooring, fresh interior paint, and upgraded kitchen. Live in one, rent the other, accommodate extended family, or add a high-performing asset to your investment portfolio, all just minutes from the beach, the bay, restaurants, shopping, and the Bayshore Bikeway.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,600 | 2,000 |
| Lot Size | 7,348 | 7,287 |
| Price | $1.35M | $911.7K |
| Price per sq ft | $375 | $437 |
| Built year | 1975 | 1972 |
| HOA | $0 | $0 |
| Days on market | 53 | 78 |
Aug 23, 2026
$1,350,000
$1,375,000
-2% Price Drop
Initial Listing
Aug 12, 2026
$1,375,000
$1,400,000
-2% Price Drop
Initial Listing
Jul 18, 2026
$1,400,000
Initial Listing