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Millman Team Real Estate

$1,525,000
0.22 Acre Lot

1221 Florida Street, Imperial Beach, California 91932

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1970 Year Built
Property Description

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!

Basic Details
Residential Income
For Sale
CV26171205
$1,525,000
Neighborhood
1970
0.22 Acre
Active
Triplex
: Shingle, Composition, Asphalt
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Wood, Chain Link
: None
: Driveway, Concrete, Assigned
: Bungalow
: Lighting
: Carpet, Vinyl
: Built-in Features
: Washer Hookup, Gas Dryer Hookup, In Kitchen
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Phone Available
: Blinds, Screens
$0
Appliances
: Dishwasher, Gas Oven, Gas Range, Disposal, Water Heater
Address Map
CA
San Diego
Imperial Beach
Imperial Beach
91932
Florida
1221
Street
W118° 53' 28.8''
N32° 34' 27''
From Imperial Beach Blvd turn south on Florida St.
91932 - Imperial Beach
R3000
Additional Information
$0
$0
$0
$0
$0
: None
2574
: Sidewalks, Street Lights, Curbs, Suburban, Gutter(s)
: Drywall, Frame, Glass, Concrete, Stucco
Electricity - On Bond, Standard
1
: Slab
: One
: Front Yard, Rectangular Lot, Sprinklers Timer, Sprinklers In Front
3
2026-08-07
1
1
: Public
Broker/Agent Information
EXP REALTY OF CALIFORNIA INC
Donald Mowery
Listing Information
Jesse Zagorsky
107217
15354
eXp Realty of California, Inc
C18611
51535
Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Submit, VA Loan
Active
2026-08-07T21:44:49Z
CRMLS
: Standard, Trust
2026-08-07T12:28:01Z
Agent info
Ray Millman
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