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944-946 Georgia, Imperial Beach, CA 91932
$975,000
944-946 Georgia, Imperial Beach, CA 91932View this property at 944-946 Georgia, Imperial Beach, CA 91932
944-946 GeorgiaImperial BeachCA91932
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Property 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 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.
Full Property Details
Full Property Details for 944-946 Georgia
General
- Price: $975,000
- Status: Active
- Type: Multi-Family
- MLS ID: 240005261
- Updated: 4/26/2024
- Added to Site: 61 day(s) ago
Interior
- Number of Fireplaces: 1
Parking
- Garage Spaces: 1
- Recreational: Garage, On-Site Parking
Location
- Area: IMPERIAL BEACH (91932)
- County: San Diego
- Subdivision: Imperial Beach
- Driving Directions: Palm Avenue to 13th Street south, left on Elm, right on Georgia, property on the right.
Heating & Cooling
- Heating Type: Forced Air Unit, Wall/Gravity
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Sewer Connected
- Water: Meter on Property
Structural Information
- Roof: Composition
- Stories/Levels: 2
- Year Built: 1969
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- Units w/Dishwashers: 1
- Units w/Patios: 1
- Units w/Washers: 2
- Units w/Dryers: 2
Unit 1
- Square Feet: 800
- Total Bathrooms: 1
- Bedrooms: 2
- Parking: 1
Unit 2
- Square Feet: 1660
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,550
- Lot Dimensions: 58 x 150
- Frontage Feet: 58
- Irrigation System: Automatic
- Fencing (Description): Full
Financial Considerations
- Tenant Expense: Sewer, Water, Cable TV, Electricity, Gas/Propane
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Compass
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Schools
Schools serving 944-946 Georgia
Rating | Name | Grades | Distance |
---|---|---|---|
Vip Village Pre-School
1001 Fern Ave, Imperial Bch, CA 91932 | PK-PK | 0.5 mi | |
Stephen W. Hawking Charter School
1355 Second Ave, Chula Vista, CA 91911 | PK-3 | 3.1 mi | |
1880 Smythe Ave, San Ysidro, CA 92173 | K-3 | 3.4 mi | |
1267 Thermal Ave, San Diego, CA 92154 | 7-8 | 0.7 mi | |
2710 Iris Ave, San Diego, CA 92154 | 7-8 | 1.9 mi | |
1051 Picador Blvd, San Diego, CA 92154 | 7-8 | 2.9 mi | |
505 Elm Ave, Imperial Bch, CA 91932 | 9-12 | 1 mi | |
1685 Hollister St, San Diego, CA 92154 | 9-12 | 1.6 mi | |
480 Palomar St, Chula Vista, CA 91911 | 9-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 944-946 Georgia
Date
Details
Price
Change
Source
4/26/2024
Price Reduced
$975,000
-2.01%
MLS
3/14/2024
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 944-946 Georgia
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,818
2%
$155,080
2%
2022
$1,783
3%
$152,040
2%
2021
$1,728
2%
$149,059
1%
2020
$1,687
—
$147,531
2%
2019
$1,686
2%
$144,639
2%
2018
$1,658
2%
$141,803
2%
2017
$1,624
4%
$139,023
2%
2016
$1,568
—
$136,298
2%
2015
$1,566
2%
$134,251
2%
2014
$1,539
—
$131,622
—
2013
$1,540
—
$131,028
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 944-946 Georgia
944-946 Georgia, Imperial Beach, CA 91932 (MLS# 240005261) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 944-946 Georgia is currently listed for $975,000 and was received on March 07, 2024. Want to learn more about 944-946 Georgia? Do you have questions about finding other Multi-Family real estate for sale in Imperial Beach? You can browse all Imperial Beach real estate or contact a Coldwell Banker agent to request more information.