1221 Florida Street

Property Overview

Excellent investment opportunity in Imperial Beach! This triplex offers strong income potential with significant upside for an investor looking to increase rents and potentially add additional units. Current rents are below market, providing an opportunity to improve future cash flow, while the expansive yard may offer potential for additional units or ADU development, subject to City approval and applicable zoning requirements. The property consists of three individual units, each featuring a functional floor plan with a living room, dining area, kitchen, two bedrooms, and one bathroom. Each unit also includes its own private storage space. Parking is abundant, with each unit having two designated off-street parking spaces conveniently accessible from the rear alley. Ideally located near Oneonta Elementary School, the Imperial Beach Pier, beaches, shopping, dining, and convenient access to Interstate 5. Whether you're looking to expand your investment portfolio, improve existing rents, or explore future development opportunities, this property offers tremendous potential in a highly desirable Southern California coastal community. A must-see opportunity!

Home Details

Property type: Residential Income - Triplex
Year built: 1970
Lot size: 9,583 sq ft
Parking: 6 spaces
Stories: 1
Days on market: 5
MLS status: Active
Architectural style: Bungalow
Zoning: R3000

Features & Amenities

Interior

Built In Features

Appliances

Dishwasher
Disposal
Gas Oven
Gas Range
Water Heater

Parking

Assigned
Concrete
Driveway

Pool

None

Lot

Front Yard
Sprinklers In Front
Rectangular Lot
Sprinklers Timer

Exterior

Lighting

Security

Carbon Monoxide Detectors
Smoke Detectors

Community, Schools & Utilities

Community

Subdivision: Imperial Beach
View: Neighborhood

Utilities

Heating: WallFurnace
Cooling: WallWindowUnits
Electric: ElectricityOnBond,Standard
Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Imperial Beach, CA 91932

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Frequently Asked Questions About 1221 Florida Street

Property type: Residential Income

The current asking price is $1,525,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1221 Florida Street. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1970. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Imperial Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Imperial Beach property.

The MLS currently reports the property as Active. It has been listed for 5 days. Status can change, so verify availability before relying on it.