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Sold for $1,180,000
  • $1,180,000

    1125 Elder Ave, Imperial Beach, CA 91932

    5beds
    --sqft
    Multi Family
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $4,748 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,748/mo

    Zestimate® history
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    What's special

    Charming duplex nestled in Imperial Beach's residential neighborhood. Located in a serene corner lot within a peaceful residential area, this property offers the best of coastal living just 12 blocks from the iconic Imperial Beach pier. The main house features four bedrooms and two bathrooms, complete with a convenient 2-car garage and driveway. This unit features a fully equipped kitchen, brand new washer and dryer, and central heating. Two gated yard spaces provide plenty of privacy and greenery. As part of the main residence, there is a carve-out, one-bedroom, one-bathroom ADU. This unit features a fully equipped kitchen, a wall heater, a private gated yard, and ample parking space for up to three cars.  Both units showcase tile flooring throughout, fresh paint, and the added benefit of new solar panels, ensuring energy efficiency and cost savings. This property presents an enticing opportunity for investors seeking immediate rental income from both units. Alternatively, it offers a unique prospect for first-time homebuyers to reside in the smaller unit while leasing out the main house to offset mortgage expenses and property upkeep costs. Don't miss out on this versatile and income-generating property, perfectly positioned for coastal living and smart investment strategies.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gregory A Dunn DRE #02159003 619-794-5555,

    Otay Mesa Realty,

    Paulina Dunn DRE #02174349 619-575-0707,

    Otay Mesa Realty

    Bought with:

    Marie Arredondo, DRE #02094423

    Realty One Group Pacific

    Source: SDMLS,MLS#: 240006020MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air Unit, Wall/Gravity
    Cooling
    • N/K
    Features
    • Number of fireplaces: 3
    Interior area
    • Total structure area: 2,100

    Property

    Features
    • Levels: 1 Story
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Full
    • Has view: Yes
    • View description: N/K
    • Frontage type: N/K
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 6264911600
    • Zoning: R-3000
    • Zoning description: R-3000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1975

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: N/K
    • Security: N/K
    • Subdivision: IMPERIAL BEACH
    HOA
    • Services included: Cable/TV Services, Electricity, Exterior (Landscaping), Gas, Hot Water, Roof Maintenance, Sewer, Termite, Trash Pickup, Water
    Location
    • Region: Imperial Beach

    Financial & listing details

    • Tax assessed value: $1,203,600
    • Annual tax amount: $15,801
    • Date on market: 3/20/2024
    • Listing terms: Cal Vet,Cash,Conventional,FHA,VA
    • Tenant pays: Cable TV

    Price history

    DateEventPrice
    11/6/2024Listing removed$3,995
    Source: Zillow Rentals Report a problem
    10/27/2024Price change$3,995-0.1%
    Source: Zillow Rentals Report a problem
    9/27/2024Price change$4,000-8%
    Source: Zillow Rentals Report a problem
    8/30/2024Listed for rent$4,350-4.4%
    Source: Zillow Rentals Report a problem
    8/8/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/24/2024Listed for rent$4,550
    Source: Zillow Rentals Report a problem
    5/23/2024Sold$1,180,000-9.2%
    Source: SDMLS #240006020 Report a problem
    4/15/2024Pending sale$1,300,000
    Source: SDMLS #240006020 Report a problem
    3/21/2024Listed for sale$1,300,000+863%
    Source: SDMLS #240006020 Report a problem
    12/22/1999Sold$135,000-12.2%
    Source: Public Record Report a problem
    12/18/1998Sold$153,789-23.1%
    Source: Public Record Report a problem
    4/3/1996Sold$200,000+55.9%
    Source: Public Record Report a problem
    8/13/1993Sold$128,285
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,801 +307.7%$1,203,600 +356.3%
    2024$3,875 -18.4%$263,752 +2%
    2023$4,751 +5.4%$258,581 +2%
    2022$4,509 +39.1%$253,512 +2%
    2021$3,241 -3.6%$248,542 +1%
    2020$3,361 +19.9%$245,995 +2%
    2019$2,803 -23%$241,173 +2%
    2018$3,641 +1.4%$236,445 +2%
    2017$3,592 +59.2%$231,810 +32.3%
    2016$2,256 -16.1%$175,266 +1.5%
    2015$2,689 $172,634 +2.5%
    2013-- $168,489 +2%
    2012-- $165,186 +2%
    2011-- $161,948 +0.8%
    2010-- $160,739 -0.2%
    2009-- $161,121 +2%
    2008-- $157,962 +2%
    2007-- $154,866 +2%
    2006-- $151,830 +2%
    2005-- $148,854 +2%
    2004-- $145,936 +1.9%
    2003-- $143,262 +2%
    2002-- $140,454 +2%
    2001-- $137,700
    Find assessor info on the county website

    Neighborhood: 91932

    Nearby schools

    GreatSchools rating
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