1284 88 15th St, Imperial Beach, California 91932, Imperial Beach, 91932 - bed, bath

1284 88 15th St, Imperial Beach, California 91932 home-pic-0
ACTIVE$1,399,000
1284 88 15th St, Imperial Beach, California 91932
0Bed
0Bath
2,762Sqft
7,725Lot
Year Built
1954
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$507
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2506353
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(75th), sqft - 2762(75th), beds - undefined(50th), baths - undefined(50th).

This rare multi-unit property offers three remodeled residences on one lot, each thoughtfully updated just five years ago with a new roof and modern finishes. Unit 1284 is a charming single-level home with 2 bedrooms and 1 bath, approximately 760 sq. ft. Featuring an attached garage with washer/dryer hookups and a private yard, it’s perfectly suited for small family gatherings. Unit 1286 is a spacious two-story residence with nearly 1,300 sq. ft. The upstairs includes 2 bedrooms and 2 bath, while the main level offers a large living room, dining area, kitchen, and a full bath with in-unit laundry. A private yard enhances its livability. Unit 1288 provides 2 bedrooms and 1 bath upstairs, with a functional main level that includes a living room, dining area, kitchen, full bath, and laundry. With approximately 700 sq. ft. and its own small yard, it offers both comfort and convenience. The property also features 2 garages, 3 separate gas meters, and plenty of upside for investors or multi-generational living. With 3 fully remodeled units, excellent layouts, and strong rental potential, this is the best-priced multi-unit opportunity in Imperial Beach.

Price History

Date
Event
Price
08/20/25
Listing
$1,399,000
Condition Rating
Excellent

Despite being built in 1954, the property has undergone extensive renovations just five years ago, including a new roof and modern finishes throughout all three units. The images confirm this, showcasing virtually new kitchens with white shaker cabinets, stainless steel appliances, and contemporary countertops, as well as updated bathrooms with modern vanities and subway tile showers. The flooring is consistent dark laminate, and the paint is fresh, indicating a move-in ready condition with no deferred maintenance in the renovated areas, aligning perfectly with the 'Excellent' criteria for properties extensively renovated within 5 years.
Pros & Cons

Pros

Strong Income Potential: As a triplex with three fully remodeled residences, the property offers significant rental income potential and investment upside in Imperial Beach.
Recent Comprehensive Updates: All three units were thoughtfully updated just five years ago, including a new roof and modern finishes, reducing immediate maintenance concerns for a buyer.
Individual Unit Amenities: Each unit benefits from private outdoor space (yard) and in-unit laundry facilities (for at least two units), enhancing tenant appeal and convenience.
Separate Utility Metering: The presence of three separate gas meters simplifies tenant billing and management, a key advantage for landlords and investors.
Flexible Occupancy Options: The property is well-suited for both investors seeking rental income and families desiring multi-generational living due to its distinct, self-contained units.

Cons

Original Construction Age: Built in 1954, the property's underlying structure is older, which, despite recent remodels, may present unforeseen maintenance challenges over time.
Potentially Limited Parking: With only two garages for three units, parking could be a challenge for tenants, especially if multiple vehicles per unit or guest parking is required.
Varied Unit Layouts: While functional, the unit sizes (ranging from 700-1300 sq ft) and some specific layouts might not appeal to all prospective tenants or owner-occupants.

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