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
Baths1.0

Monthly Estimate*

$ 10,282

Listed by Starker West, Inc.
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Studio

Multi-Family Home for sale in Imperial Beach, CA

for $1,670,000 with 1 full bath. This home was built in 1950 on a lot size of 0.1644.

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

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1644

Year Built

1950

Town/City

Imperial Beach

County/Region

San Diego

MLS | Web ID

260005628SD

Days on Market

6

Features
General
Cooling None
Roof Composition
HOA Fee 0
Security Features Gated Community
Year Built 1950
Tenant Pays Electricity Gas Trash Collection Water
Stories Count 1
Levels One
Community Features Gated
County San Diego
Net Operating Income 74660
Property Type Residential Income
Subdivision Name Imperial Beach
Status Active
Directions From I-5 exit Palm Ave east left on Saturn Blvd right on 15th St to 1020 15th St on right. CrossStreet: Elder Ave
City Imperial Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 91932 - Imperial Beach
Lot Size Units Square Feet
Lot Size Square Feet 7162
Listing Terms Cash Conventional FHA VA Loan
Standard Status Active
Cap Rate 4.5
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Fencing None
Total Parking 0
Lot Size Area 7162
Number of Buildings 1
Spa false
Lot Size Acres 0.1644
Lot Size Source Assessor
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* Excluded Features
List By
Starker West, Inc.

Broker

Watje@starkerwest.com

Email

Affordability Calculator

$10,282
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Monthly Principal & Interest
$10,282
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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
4827338 Elementary School
4827337 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 0.1644. 1020 22 15Th St is a studio with 1.0 baths and was built in 1950. The property's zip code is 91932 which is in Imperial Beach, CA