777 Cypress Avenue, Imperial Beach, CA 91932
- $1,250,000
- List Price
- $1,250,000
- Price Change
- ▼ $49,000 1788309772
- Status
- ACTIVE
- MLS#
- PTP2602092
- Year Built
- 1959
- Lot Size
- 9,658
- Acres
- 0.22
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 189
- Property Type
- Multifamily
Property Description
This three-unit income property in Imperial Beach offers a straightforward and compelling opportunity in one of San Diego County's most desirable coastal communities. Two units are currently occupied and generating consistent rental income, while the third is vacant and ready for an incoming buyer to either rent at current market rates or occupy as a primary residence. For an owner-occupant, the two income-producing units provide meaningful offset to carrying costs, making this as much a lifestyle purchase as an investment. Imperial Beach continues to attract strong rental demand, with tenants drawn to its beach access, walkable neighborhood feel, and connectivity to Coronado, Chula Vista, and downtown San Diego. It remains one of the more accessible coastal markets in the county, which keeps vacancy low and retention high. Whether you're an investor looking for a stabilized coastal asset or a buyer ready to live well while building equity, this property was built for both.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $90,294
- Operating Expense
- 18059
Listing courtesy of Listing Agent: Christian Ballow (Christian@genebowman.com) from Listing Office: Gene Bowman Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.