944-946 Georgia Street

Imperial Beach, CA 91932

$975,000
Price
5
Beds
3
Baths
2,460 Sq. Ft.
$396 / Sq. Ft.
2,460
Sq. Ft.
$396
per Sq. Ft.

Description

Fantastic opportunity to add value, build equity and enjoy cashflow OR to develop (by way of condo mapping) and sell each unit separately (recent converted units in east IB have sold in the 700's to 900's). Sellers are open to cooperating with the buyer's loan buy-down scenarios! This property sits on a 8550sqft R-3000 lot and offers 2 units that make up 2460 livable square feet. Up front is a 2BD/1BA (approx. 800 sqft) with its own 750sqft front yard and a 360sqft attached single car garage; and...Fantastic opportunity to add value, build equity and enjoy cashflow OR to develop (by way of condo mapping) and sell each unit separately (recent converted units in east IB have sold in the 700's to 900's). Sellers are open to cooperating with the buyer's loan buy-down scenarios! This property sits on a 8550sqft R-3000 lot and offers 2 units that make up 2460 livable square feet. Up front is a 2BD/1BA (approx. 800 sqft) with its own 750sqft front yard and a 360sqft attached single car garage; and in the back is a two-story 3BD/2BA (approx 1660sqft) with dual-pane windows, an optional 4th bedroom downstairs, a fireplace, a 275sqft private front patio, a 150sqft shed with windows and loft, mature shady trees, and a 1200+sqft back yard with pavers, planters and a porch. Each unit has its own separate utilities (water, gas, and electric). Plenty of off-street parking on the lot. The lot perimeter is fully fenced/walled and sits well above street grade thanks to a nice retaining wall and walkway entry in the front of the lot. Front unit tenants vacate April 30th and rear unit tenants are leased until January 2025. Current rents received are under market (see financials). Lath and plaster was found in the back of the rear unit: it is an older build year that needs works but is still in rentable condition. Inspections from previous escrow are available - please contact agent. See documents section for termite report. Title opened, prelim in hand. Priced to sell.

Listing Agent

  1. Jamie Tuckey

    Jamie Tuckey

    Listing Agent

    Compass

    DRE #01942190

Property Details for 944-946 Georgia Street

Area
91932 - Imperial Beach
Neighborhood
Imperial Beach
Community
IMPERIAL BEACH
City Postal ID
IMPERIAL BEACH (91932)
Cross Street(s)
Elder Avenue

Location

Listing Courtesy of Compass, Jamie Tuckey, DRE #01942190
Add your commute
LISTING UPDATED: 04/26/2024 03:48 PM

Property Details for 944-946 Georgia Street

StatusActive
MLS #240005261
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.20 AC / 8,712 SF
CountySan Diego County

Location

Listing Courtesy of Compass, Jamie Tuckey, DRE #01942190
Add your commute

Building Information for 944-946 Georgia Street

Stories2Residences-Year Built1969Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$5,803 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$482

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 944-946 Georgia Street

Summary Information
Property and Location
  • System ID: 240005261
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1969
  • Street Number Numeric: 944
  • Street Name: Georgia
  • Age Restrictions: N/K
  • Market Area: South Bay
  • Directions To Property: Palm Avenue to 13th Street south, left on Elm, right on Georgia, property on the right.
Parking
  • Parking for RV: Garage, On-Site Parking
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 1
  • Num of Units w/Cooling: 0
  • Cooling: None
  • Heat Equipment: Forced Air Unit, Wall/Gravity
  • Water Heater Type: Gas
  • Heat Source: Natural Gas
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: Full
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 7,500-10,889 SF
  • Lot Size Source: Assessor Record
  • Lot Dimensions Approx: 58x150
  • Frontage Dimensions in Ft: 58
  • Complex/Park: n/k
  • Assessors Parcel Num: 627-131-12-00
Utilities
  • Water: Meter on Property
  • Sewer/Septic: Sewer Connected
  • Irrigation: Automatic
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 944
  • Parking Garage Unit 1: Attached
  • Parking Non-Garage Unit 1: Assigned, Uncovered
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $1,475
  • Unit 1 Estimated SqFt: 800
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: $2,800
  • Unit 1 Rent Actual: $1,500
Unit 2
  • Unit Num for Unit 2: 946
  • Parking Garage Unit 2: N/K
  • Parking Non-Garage Unit 2: Assigned, Uncovered
  • Unit 2 Num of Bedrooms: 3
  • Unit 2 Num of Total Baths: 2
  • Unit 2 Deposit: $2,600
  • Unit 2 Estimated SqFt: 1,660
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Tenant
  • Unit 2 Prkng Garage Space: 0
  • Unit 2 Projected Rent: $3,800
  • Unit 2 Rent Actual: $2,650
Unit 3
  • Unit 3 Num of Total Baths: 0
Unit 4
  • Unit 4 Num of Total Baths: 0
Building Details
  • Heating: Natural Gas, Forced Air

Property History for 944-946 Georgia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 944-946 Georgia Street

Taxable ValueLand$189,499Additions$222,806Total$412,305
Tax Record2020$5,778 ($482 / month)
Home Facts
Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtStyleMulti-Family Dwelling (2-4)Year Renovated1969ZoningR4CountySAN DIEGOAPN6271311200

Schools near 944-946 Georgia 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
Central 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.

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944-946 Georgia Street is a multi-family home for sale in Imperial Beach, CA 91932. This property was listed for sale on March 7, 2024 by Compass, it's currently listed at $975,000. This listing's school districts are Sweetwater Union High School District, South Bay Union School District. Nearby schools include Central Elementary School, Mar Vista Academy and Mar Vista Senior High School. 944-946 Georgia Street is a 5-bed, 3-bath, 2,460 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 Compass, Jamie Tuckey, DRE #01942190

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