829 11th St, Imperial Beach, California 91932, Imperial Beach, 91932 - 4 bed, 5 bath
ACTIVE$1,650,000$2,435/sqft
Est. Value: $1,765,580
7%
BelowEstimate
829 11th St, Imperial Beach, California 91932
4Beds
5Baths
2,435Sqft
7,489Lot
Price Vs. Estimate
The estimated value ($1,765,580.135) is $115,580.135 (7%) higher than the list price ($1,650,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Income Potential: This 4-plex generates a total rent of $9,150/month, offering substantial income for investors or the flexibility for an owner-operator to live in one unit and rent the others.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2435, other record living area = 1360. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Compared to the nearby listings
Price:$1.65M vs avg $850.0K (+$800,000)98%
Size:2,435 sqft vs avg 1,446.5 sqft96%
Price/sqft:$678 vs avg $62665%
More Insights
Built in 2025 (1 years old).
Condition: The property, specifically the two rear units built in January 2025, and the description stating 'all units fully upgraded,' indicate brand new construction or very recent, extensive renovations. The images confirm modern kitchens with white shaker cabinets, stainless steel appliances, and contemporary backsplashes, along with updated bathrooms featuring glass shower enclosures and new fixtures. Modern flooring, split AC units, and tankless water heaters further support an excellent condition, meeting current quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$678
HOA
-
Days on market
-
Sold On
-
MLS number
250045971SD
Home ConditionExcellent
Features
Excellent View:
View-
About this home
Total Rent received= $9,150! Incredible 4plex w/lots of potential! Live in one, rent the other's. Two rear units, blt. Jan 2025, All units fully upgraded with tankless water heaters, separate gas & electric meters. Back units enjoy attached 1car garage & stunning rooftop patio with beach & sunset views perfect for entertaining or relaxing. Ample amount of parking, multiple washers & dryers, split ac units & private yard for the front unit, making this a rare, turnkey gem for investors or owner-operators. Buyers & buyers agent to verify all herein prior to submitting an offer!
D
David Jefferson
Listing Agent
Price History
Date
Event
Price
08/21/98
Sold
$112,000
10/19/21
Sold
$111,000
04/05/19
Sold
$469,000
Condition Rating
Excellent
The property, specifically the two rear units built in January 2025, and the description stating 'all units fully upgraded,' indicate brand new construction or very recent, extensive renovations. The images confirm modern kitchens with white shaker cabinets, stainless steel appliances, and contemporary backsplashes, along with updated bathrooms featuring glass shower enclosures and new fixtures. Modern flooring, split AC units, and tankless water heaters further support an excellent condition, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
High Income Potential: This 4-plex generates a total rent of $9,150/month, offering substantial income for investors or the flexibility for an owner-operator to live in one unit and rent the others.
Brand New Construction & Modern Upgrades: Two rear units were built in January 2025, and all units are fully upgraded with modern amenities including tankless water heaters, split AC units, ensuring low maintenance and contemporary living.
Desirable Lifestyle Amenities: The rear units boast attached 1-car garages and stunning rooftop patios with beach and sunset views, significantly enhancing tenant appeal and property value.
Independent Utility Management: Each unit features separate gas and electric meters, simplifying tenant billing and reducing the owner's utility management burden, a key advantage for multi-unit properties.
Convenient Parking & Laundry Facilities: The property offers ample parking and multiple washers & dryers, providing essential conveniences for residents and making the property highly functional and attractive.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2435, other record living area = 1360. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Property Type Discrepancy: The `sub_type` is listed as 'Single Family Residence' while the description clearly states it's a '4plex,' which is a significant inconsistency requiring immediate clarification for potential buyers.
Future Construction/Pre-Sale Status: The `year_built` (2025) and `on_market_date` (late 2025) indicate the property is either newly completed or still under construction/pre-sale, which could lead to potential delays or changes from the current description.
Buyer Verification Clause: The explicit instruction for buyers to 'verify all herein' suggests that some details, particularly regarding future construction or upgrades, may not be fully finalized or guaranteed, placing a higher due diligence burden on the buyer.