523 9th St, Imperial Beach, CA 91932

About this property

Live in the front house and offset the mortgage by renting out the back two units! This 3 unit property offers you the best of both worlds - your dream home without the dream home monthly payment! Incredible Investor Metrics Cap Rate: 5.5% and GRM: 13. The main house offers over 2,200 sq ft of elegant living space, featuring 4 bedrooms, 3 bathrooms, an open floor plan, a chef's kitchen with granite countertops, an expansive master suite w/ double vanity sinks, walk-in closet, separate laundry room, and attached 2 car garage. Step outside to a private, turfed backyard perfect quite nights with the family or entertaining friends and relatives. This property also includes two income-generating units: a fully remodeled 2-bedroom, 1-bathroom unit with in unit W/D hooks up and 2 tandem parking spaces. The upstairs unit, a modern stylish studio with a large deck and stunning bay views. Fully paid solar adds to its appeal, making this home both luxurious and sustainable. Embrace the best of California living with this unique real estate opportunity! Minutes to shops, restaurants, and beaches.

Listing description from the June 2025 sale, as reported to CRMLS.

Sale history

$1,550,000

Sold June 2025 · listed $1,599,999, on market June 2025 · MLS #250029617SD · Source: CRMLS

Listing Agent: Kelsey Olson · Listing Office: Compass · Contact: 619-353-5799 · Bought with: David George · First Wave Properties

$1,320,000

Sold July 2023 · listed $1,275,000, orig. $1,399,000, on market April 2023 · MLS #PTP2301998 · Source: CRMLS

Listing Agent: Shanna Allen · Listing Office: Catherine Clamp Real Estate · Contact: 619-701-1768 · Bought with: Kelsey Olson · Compass

$220,000

Sold April 2015 · listed $275,000, on market March 2014 · MLS #140014323 · Source: CRMLS

Listing Agent: Cathy Clamp · Listing Office: Pacific Realty · Contact: 619-423-5555 · Bought with: Cathy Clamp · Pacific Realty

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