Presenting a prime investment opportunity in the heart of Imperial Beach, this multifamily property at 1343 Grove Ave offers a strong mix of all 2-bedroom units, providing a reliable income stream for investors. Situated on a spacious 10,553 SF lot, the property boasts ample parking and is located in a highly desirable area with proximity to local amenities, schools, and just minutes from the beach. The property is well-maintained, with stable in-place rents, making it an ideal addition to any investment portfolio. With its combination of excellent location, and solid unit configuration, this property presents a unique chance for both immediate cash flow and long-term appreciation. Key Features: - All 2-bedroom units - Large 10,553 SF lot - Ample parking for tenants - Strong in-place rents Whether you're looking to expand your rental portfolio or secure a steady income property, 1343 Grove Ave offers a fantastic opportunity.
Pending
Price cut: $49K (3/24)
$2,450,000
1343 Grove Ave #47, Imperial Beach, CA 91932
8beds
1,592sqft
Est.:
Res Income 2-4 Units
Built in 1980
-- sqft lot
$2,307,400 Zestimate®
$1,539/sqft
$-- HOA
What's special
Ample parking
- 81 days
- on Zillow |
- 41 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 09:41am
Listed by:
Adam Cairo 01948040 1,
Starker West, Inc.,
Seth R Watje 01805453 1,
Starker West, Inc.
Source: SDMLS,MLS#: 250018412

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Range/Oven, Refrigerator
- Laundry: Unit 1 No Laundry Hookup, Unit 2 No Laundry Hookup, Unit 3 No Laundry Hookup, Unit 4 No Laundry Hookup
Features
- Has fireplace: No
Interior area
- Total structure area: 1,592
- Total interior livable area: 1,592 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,553 Square Feet
Details
- Parcel number: 6331612200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Res Income 2-4 Units
Materials
- Wood/Stucco
- Roof: Composition
Condition
- Year built: 1980
Community & HOA
Community
- Subdivision: Ib
Location
- Region: Imperial Beach
Financial & listing details
- Price per square foot: $1,539/sqft
- Date on market: 2/7/2025
- Listing agreement: Exclusive Right (R)
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 10508
- Tenant pays: Electricity, Gas/Propane
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