943 Georgia Street, Imperial Beach, California 91932, Imperial Beach, - bed, bath
ACTIVE$1,649,000
943 Georgia Street, Imperial Beach, California 91932
4Beds
2Baths
1,398Sqft
7,191Lot
Year Built
1980
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2507756
Home ConditionExcellent
Features
View-
About this home
Beautiful mix of recently remodeled with new construction, this multi-unit property is ready to add to your rental portfolio or have your immediate/extended family live together but not under the same roof! 4 units total offering almost 7% CAP RATE.
Nearby schools
2/10
Central Elementary School
Public,•K-6•0.2mi
3/10
Mar Vista Academy
Public,•7-8•0.5mi
4/10
Mar Vista Senior High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
10/10/25
Listing
$1,649,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (50 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 63% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,398 | 1,398 | 50% |
| Lot Size | 7,191 | 6,602 | 61% |
| Price | $1.65M | $865K | 98% |
| Price per square foot | $1,180 | $661 | 98% |
| Built year | 1980 | 1959 | 88% |
| HOA | |||
| Days on market | 26 | 162 | 2% |
Condition Rating
Excellent
Despite being built in 1980, the listing explicitly states a 'beautiful mix of recently remodeled with new construction.' The exterior images support this, showing updated paint, windows, and a well-maintained roof. While interior photos of the kitchen and bathrooms are not provided, the strong description of recent and extensive renovation, including 'new construction,' indicates that these critical areas, along with other systems, have been brought up to modern standards, meeting the criteria for an excellent condition property.
Pros & Cons
Pros
High Income Potential: This multi-unit property, comprising 4 units, boasts an attractive 'almost 7% CAP RATE,' making it a compelling investment opportunity for generating significant rental income.
Recent Updates & New Construction: The property features a 'beautiful mix of recently remodeled with new construction,' indicating modern amenities and reduced immediate maintenance concerns for buyers.
Versatile Occupancy Options: Its multi-unit nature allows for flexible use, suitable for a 'rental portfolio' or accommodating 'immediate/extended family live together but not under the same roof,' broadening its appeal.
Generous Lot Size: With a substantial lot size of 7191 sqft, the property offers ample outdoor space, which is a valuable asset for a multi-unit dwelling.
Proximity to Local Schools: The property benefits from close proximity to multiple schools, including Central Elementary School just 0.19 miles away, enhancing its appeal to families.
Cons
Conflicting Property Type Information: The listing's 'sub_type' is 'Single Family Residence,' which directly contradicts the description of a 'multi-unit property' with '4 units total.' This discrepancy requires immediate clarification for zoning, financing, and legal compliance.
Future On-Market Date: The 'on_market_date' is listed as '2025-10-10,' a future date for an 'Active' listing. This suggests a potential data error or pre-market status that could cause confusion regarding availability.
Lack of Scenic Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas, especially in a coastal location like Imperial Beach.