$1,600,000
Exceptional investment opportunity in the heart of Imperial Beach. 408-14 Delaware Street is a well-located four-unit property consisting of one detached single-family home (3 bed / 2 bath) and three attached townhome-style units (two 2 bed / 2 bath units and one 2 bed / 1 bath unit). Each unit includes its own private garage, providing added tenant convenience and potential for increased rental value. The townhomes have recently received a brand new roof and a new exterior paint job. Recently appraised over $2,000,000, this property offers significant upside potential through both rental increases to current market rates and strategic value-add renovations. The on-site laundry units generate approximately $5,400 annually as well, adding an additional income stream. Located just minutes from the beach, shopping, and dining, the area’s growing demand makes this an ideal opportunity for investors seeking strong long-term appreciation and income growth.
Click to interact with map
Listed by Whitney Robinson-Pierce with eXp Realty of California, Inc. (619) 618-7997
Property Type
Residential Income
Status
Active
MLS Number
260006373SD
Year Built
1993