1221 Florida ST
Imperial Beach, CA, 91932
$1,525,000
Beds
0 Baths
0 SqFt
0.22 Acres
Add
MLS #CV26171205 image #0
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!

Property Details

Price:
$1,525,000
MLS #:
CV26171205
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Subdivision:
Imperial Beach
Neighborhood:
91932imperialbeach
Listed Date:
Aug 7, 2026
Total Sq Ft:
2,574
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1970
Bungalow91932 – Imperial Beach91932imperialbeachImperial BeachNeighborhood

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Schools

Interior

Appliances
DW, GD, GO, GR, WHU
Cooling
WW
Flooring
VINY, CARP
Heating
WL
Interior Features
BI
Laundry Features
GAS, IK, WH
Levels
A

Exterior

Accessibility Features
NO
Architectural Style
BNG
Common Walls
NCW
Community Features
SDW, SL, SUB, CRB, CW
Construction Materials
STC, CON, DWAL, FRM, GLS
Exterior Features
LIT
Fencing
CH, WD
Other Structures
SH
Parking Spots
6
Parking Total
6
Roof
ASP, CMP, SHN
Security Features
SD, COD
Spa Features
NO
View
NE
Window Features
BLI, SCR

Financial

Gross Operating Income
$100,890
Net Operating Income
$86,817

Map

Community

Subdivisions in Imperial Beach

Market Summary

Current real estate data for Single Family in Imperial Beach as of Oct 16, 2026
109
Single Family Listed
107
Avg DOM
392
Avg $ / SqFt
$773,211
Avg List Price

Property Summary

    Located in the Imperial Beach subdivision, 1221 Florida ST Imperial Beach CA is a Single Family for sale in Imperial Beach, CA, 91932. It is listed for $1,525,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1970. The average price per square foot for Single Family listings in Imperial Beach is $392. The average listing price for Single Family in Imperial Beach is $773,211.

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1221 Florida ST
Imperial Beach, CA