1284 88 15th St, Imperial Beach, California 91932, Imperial Beach, - bed, bath

home-pic
ACTIVE$1,399,000
1284 88 15th St, Imperial Beach, California 91932
0Bed
0Bath
2,762Sqft
7,725Lot
Year Built
1954
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2506353
Home ConditionExcellent
Features
View-

About this home

This rare multi-unit property offers three remodeled residences on one lot, each thoughtfully updated just five years ago with a new roof and modern finishes. Unit 1284 is a charming single-level home with 2 bedrooms and 1 bath, approximately 760 sq. ft. Featuring an attached garage with washer/dryer hookups and a private yard, it’s perfectly suited for small family gatherings. Unit 1286 is a spacious two-story residence with nearly 1,300 sq. ft. The upstairs includes 2 bedrooms and 2 bath, while the main level offers a large living room, dining area, kitchen, and a full bath with in-unit laundry. A private yard enhances its livability. Unit 1288 provides 2 bedrooms and 1 bath upstairs, with a functional main level that includes a living room, dining area, kitchen, full bath, and laundry. With approximately 700 sq. ft. and its own small yard, it offers both comfort and convenience. The property also features 2 garages, 3 separate gas meters, and plenty of upside for investors or multi-generational living. With 3 fully remodeled units, excellent layouts, and strong rental potential, this is the best-priced multi-unit opportunity in Imperial Beach.

Price History

Date
Event
Price
08/20/25
Listing
$1,399,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (3 Listings)
Beds00
Baths00
Square foot2,7621,979
75%
Lot Size7,7256,316
75%
Price$1.4M$1.16M
75%
Price per square foot$507$523
50%
Built year19549826000
25%
HOA
Days on market7697
50%
Condition Rating
Excellent

Despite being built in 1954, the property has undergone an extensive and recent renovation just five years ago, including a new roof and modern finishes across all three units. The images confirm this, showcasing fully remodeled kitchens with modern white shaker cabinets, new stainless steel appliances, and contemporary countertops. Bathrooms are also completely updated with modern vanities, subway tile showers, and new fixtures. Throughout the units, there is consistent new wood-look laminate flooring and fresh paint, indicating that all components are new or virtually new and meet current quality standards.
Pros & Cons

Pros

Multi-Unit Income Property: A rare triplex offering three distinct residences on one lot, ideal for investors seeking strong rental income or multi-generational living arrangements.
Recent Extensive Remodel: All three units were thoughtfully updated just five years ago, including a new roof and modern finishes, reducing immediate capital expenditure for a new owner.
Strong Rental Potential: Explicitly highlighted as having strong rental potential and being the 'best-priced multi-unit opportunity in Imperial Beach,' indicating high demand and good returns.
Separate Utilities: Features 3 separate gas meters, simplifying tenant billing and management, and enhancing the property's appeal to renters and investors.
Individual Unit Amenities: Each unit benefits from its own private yard, and the property includes multiple garages (2 garages plus an attached garage for Unit 1284), adding significant value and convenience for residents.

Cons

Original Construction Age: Built in 1954, the underlying structure is over 60 years old, which may lead to potential issues with original plumbing, electrical, or foundation not fully addressed by the recent cosmetic remodels.
Absence of Cooling System: The property description does not mention any air conditioning or cooling systems, which could be a significant drawback for tenants in Imperial Beach's warmer months.
Limited Unit Sizes: Two of the three units are relatively compact (approximately 700-760 sq. ft.), which might limit the pool of potential tenants seeking larger living spaces.

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