1012 16 11th St, Imperial Beach, California 91932, Imperial Beach, 91932 - 0 bed, 0 bath
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Imperial Beach, California 91932
This Strong Value Opportunity is a Dual-Dwelling Residential Income property listed at $1,400,000, positioned well below the $1,561,592 Fair Market Value by 10%. This valuation gap offers $161,592 in Instant Equity. Featuring a Condition Rating of 2 with comprehensive recent renovations, including modern shaker-style cabinetry and luxury vinyl plank flooring, this turnkey asset is ready for immediate occupancy. With abundant off-street parking and a private patio, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, multigenerational beach community asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 16 11th St Subject | $1,400,000* List Price | 0 | 0 | 3,600 | $434 | - |
A 962 Florence St Sold | $995,000 | 4 | 5 | 2,200 | $452 | 0.3 mi |
B 595 7th Active | $1,688,000 List Price | 0 | 0 | 4,288 | $394 | 0.6 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. The interiors feature modern shaker-style cabinetry, quartz and granite countertops, stainless steel appliances, new luxury vinyl plank flooring, and fresh paint, meeting the criteria for a high-quality renovation under 5 years old.
Featuring two large detached homes on a single lot, this property offers exceptional flexibility for multigenerational living or high-yield rental income to offset mortgage costs.
Both residences have been recently updated with modern finishes, including luxury vinyl plank flooring and upgraded kitchens, ensuring immediate occupancy without the need for major renovations.
Rare for a beach community, the property includes a one-car garage plus off-street parking for an additional 3-4 vehicles, providing significant convenience for residents and guests.
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 local public schools, particularly the elementary school with a rating of 2, may be a concern for families prioritizing high-performing educational districts.
With over 3,600 square feet of living space across two structures on a 7,348 square foot lot, outdoor yard space is limited, which may not appeal to buyers seeking expansive private grounds.
A rare opportunity to own two large detached homes (7-bedrooms!) on one lot in a desirable beach community. 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 very unique, 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, an upgraded kitchen, a 1-car garage, and parking for 3-4 additional vehicles. With over 3,600 square feet of combined living space, abundant off-street parking, updated interiors, and two completely separate homes, opportunities like this rarely become available in Imperial Beach. 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 | - |
| Lot Size | 7,348 | - |
| Price | $1.40M | $1.04M |
| Price per sq ft | $389 | $483 |
| Built year | 1975 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 48 |
Jul 18, 2026
$1,400,000
Initial Listing