88-1284 15th St, Imperial Beach, California 91932, Imperial Beach, 91932 - 0 bed, 0 bath
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Imperial Beach, California 91932
This triplex represents a High-Potential Investment Opportunity, listed at $1,350,000—positioned above the $1,286,444 Fair Market Value. While priced slightly above market, the property offers a turnkey Excellent Condition Rating following comprehensive renovations five years ago, including a new roof and modern finishes. With three separate gas meters, two garages, and private yards, this asset is optimized for rental demand. It serves as a stable, income-generating Buy-and-Hold Investment ideal for Buy-and-Hold Investors or multi-generational families seeking a versatile, low-maintenance coastal property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 88-1284 15th St Subject | $1,350,000* List Price | 0 | 0 | 2,762 | $466 | - |
A 962 Florence St Sold | $995,000 | 4 | 5 | 2,200 | $452 | 0.6 mi |
B 1226 Fern Ave Active | $1,199,000 List Price | 6 | 4 | 2,510 | $478 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1954, the property underwent a comprehensive renovation approximately five years ago. The updates include a new roof and contemporary interior finishes such as modern shaker-style kitchen cabinetry and updated flooring, placing it within the 'Excellent' category for recent renovations.
This triplex features three upgraded units with separate gas meters and private yards, making it an ideal turnkey investment or multi-generational living setup in a desirable coastal pocket.
The property underwent significant updates approximately five years ago, including a new roof and contemporary finishes, which helps minimize immediate capital expenditure for a new owner.
With over 2,700 sq. ft. of living space on a generous 7,725 sq. ft. lot, the inclusion of two garages and private outdoor spaces for every unit significantly enhances tenant retention and appeal.
The assigned public schools have relatively low ratings (ranging from 2 to 4), which may limit the property's appeal to long-term family tenants and impact future appreciation.
Originally constructed in 1954, the property may require ongoing maintenance or future upgrades to its core systems, such as plumbing and electrical, despite the recent cosmetic improvements.
Exceptional multi-unit investment opportunity for the best price in Imperial Beach 3 upgraded units on a single lot, each updated approximately five years ago with a new roof and contemporary finishes. Unit 1284 is a single-level 2-bed/1-bath of approximately 760 sq. ft. with an attached garage, washer/dryer hookups, and a private yard. Unit 1286 offers nearly 1,300 sq. ft. across two levels with a living room, dining area, kitchen, and full bath with in-unit laundry on the main floor, plus 2 bedrooms and 2 baths upstairs, and a private yard. Unit 1288 is approximately 700 sq. ft. across two levels with 2 bedrooms and 1 bath upstairs, a living room, dining area, kitchen, full bath, and laundry on the main level, plus a private yard. Additional highlights include two garages, three separate gas meters, and strong rental income potential. An ideal opportunity for investors or multi-generational living in one of Imperial Beach's most desirable pockets. Sold "AS IS"
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,762 | - |
| Lot Size | 7,725 | - |
| Price | $1.35M | $1.04M |
| Price per sq ft | $489 | $483 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 48 | 48 |
Jun 4, 2026
$1,350,000
Initial Listing
Nov 18, 2020
$740,000
Public Record