556-58 8th Street

Imperial Beach, CA 91932

$1,995,000
Price
8
Beds
2,976 Sq. Ft.
$670 / Sq. Ft.
2,976
Sq. Ft.
$670
per Sq. Ft.

Description

This Beautiful property sits on the corner of 556 8th Street and 785 Cypress in Imperial beach. Property consist of two buildings with each having 2 units of 2 bedrooms and 1 bath each (total 4 units)each building has 2 one car garage for each unit. 2 units front Cypress and 2 front 8th Street. 3 of the units were refurbish about 2 years ago, which include new flooring granite countertop and new paint. Upstairs unit include stackable washer and dryer in units and downstair units have washer and dryer...This Beautiful property sits on the corner of 556 8th Street and 785 Cypress in Imperial beach. Property consist of two buildings with each having 2 units of 2 bedrooms and 1 bath each (total 4 units)each building has 2 one car garage for each unit. 2 units front Cypress and 2 front 8th Street. 3 of the units were refurbish about 2 years ago, which include new flooring granite countertop and new paint. Upstairs unit include stackable washer and dryer in units and downstair units have washer and dryer area new next to garage. Please do not walk on property, property shown by appointment only
  1. Listed by Conchita Lopez • DRE #00587921 • Brokerage DRE #01481919 • Coldwell Banker West • conchita@conchitalopez.com

Property Details for 556-58 8th Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2976
Assessor Parcel Number
626-132-31-00
Property Attached YN
true

Location

Listing Courtesy of Coldwell Banker West, Conchita Lopez, DRE #00587921
Add your commute
LISTING UPDATED: 02/05/2024 08:36 AM

Property Details for 556-58 8th Street

StatusActive
MLS #PTP2305889
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.33 AC / 14,310 SF
CountySan Diego County

Location

Listing Courtesy of Coldwell Banker West, Conchita Lopez, DRE #00587921
Add your commute

Building Information for 556-58 8th Street

Stories2Residences-Year Built1969Building Size-Lot Size0.33 AC / 14,310 SF

Payment Calculator

$10,888 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 556-58 8th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $94,740
  • Gross Scheduled Income: $94,740
  • Net Operating Income: $94,740
  • Cap Rate: 4.25
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $18,144
  • Insurance Expense: $2,177
  • Trash Expense: $1,914
  • Water Sewer Expense: $2,400
  • Total Expenses: $24,635
Tax / Assessment Info
  • Tax Tract Number: 58/23-
  • Tax Lot: 14009
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: front
  • Fence: No
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Corner Lot, Front Yard, Lawn, Level with Street
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: No
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,040
  • Unit Type Total Rent: $2,040
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,145
  • Unit Type Total Rent: $2,145
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,040
  • Unit Type Total Rent: $2,040
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,670
  • Unit Type Total Rent: $1,670
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2

Property History for 556-58 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 556-58 8th Street

This home is within Sweetwater Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 10
Rating
School
Distance
Bayside Elementary School
PublicK to 6

Mar Vista Academy
Public7 to 8

Mar Vista Senior High School
Public9 to 12

Sweetwater Community Day School
Public7 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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556-58 8th Street is a multi-family home for sale in Imperial Beach, CA 91932. This property was listed for sale on June 1, 2023 by Coldwell Banker West, it's currently listed at $1,995,000. This listing's school districts are Sweetwater Union High School District, South Bay Union School District. Nearby schools include Bayside Elementary School, Mar Vista Academy and Mar Vista Senior High School. 556-58 8th Street is a 8-bed, 0-bath, 2,976 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker West, Conchita Lopez, DRE #00587921

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