1020-22 15Th St Imperial Beach, CA $ 1,670,000
1020-22 15Th St
$ 1,670,000
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1020-22 15Th St

Imperial Beach, CA, 91932
$ 1,670,000
Bedrooms4 Baths4.0

Monthly Estimate*

$ 10,282

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Multi-Family Home for sale in Imperial Beach, CA

for $1,670,000 with 4 bedrooms and 4 full baths. This home was built in 1950 on a lot size of 0.164417.

Introducing 1020-24 15th St — a beautifully renovated, turnkey four-unit multifamily property ideally positioned in the rapidly growing South San Diego / Imperial Beach corridor. This property comprises (2) spacious 2BD/1BA units and (2) well-designed studio units, each offering a highly efficient layout with luxurious modern finishes throughout. Interiors feature custom cabinetry, quartz countertops, stainless steel appliances, in-unit washer and dryers, luxury vinyl plank flooring, and designer lighting—creating a warm, contemporary living environment. Each studio includes an energy-efficient AC mini-split system for year-round comfort and tenant satisfaction. The property also offers low-maintenance landscaping and a newly upgraded 200 AMP electrical panel, ensuring ease of ownership and reduced operating costs. Each unit enjoys its own large private yard, providing valuable outdoor living space ideal for entertaining, relaxing, or pet enjoyment. A full fire sprinkler system further enhances safety and potential insurance savings. Situated on a 6,580 SF lot, 1020-24 15th St combines functionality, privacy, and location in a high-demand rental market with strong military presence. This property qualifies as an ideal FHA or VA purchase, making it a perfect opportunity for owner-occupants or investors seeking long-term income and appreciation potential. One of the lowest-priced turnkey 4-plexes in San Diego, this is an opportunity not to miss.

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Multi-Family Active

Price

$ 1,670,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Res Income 2-4 Units

Lot Size

0.164417

Year Built

1950

Town/City

Imperial Beach

County/Region

San Diego

MLS | Web ID

260005628

Features
General
Cooling N/K
Roof Composition
Security Features Gated Community
Construction Materials Wood/Stucco
Year Built 1950
Tenant Pays Trash Water Electricity Gas/Propane
Levels 1 Story
Property Subtype Res Income 2-4 Units
Building Name .
County San Diego
Operating Expense 32661.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name IMPERIAL BEACH
Full Baths 4
Status ACTIVE
Directions From I-5 exit Palm Ave east left on Saturn Blvd right on 15th St to 1020 15th St on right.
City Imperial Beach
Senior Community Y/N N
Number Of Units Total 4
MLS Area South Bay
Lot Size Units Acres
Lot Size Square Feet 7162.0
Property Attached Y/N N
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 4.5
Freehold IDX
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Exterior
Fencing N/K
Lot Size Area 0.17
Number of Buildings 1
Building Area Total 0.0
Waterfront Y/N N
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Interior
Total Stories 1
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 4
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* Excluded Features
List By
Seth R Watje

Listing Agent

Starker West, Inc.

Broker

(619) 358-3748

Phone

Affordability Calculator

$10,282
Per Month
100%
0%
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Monthly Principal & Interest
$10,282
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$1,670,000 Listed Price

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1020-22 15Th St, Imperial Beach, CA, 91932 is a Multi-Family Home for sale at $1,670,000 with a lot size of 0.164417. 1020-22 15Th St has 4 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 91932 which is in Imperial Beach, CA