556-58 8th Street

Imperial Beach, CA 91932

$1,825,000
Price
8
Beds
8
Baths
2,976 Sq. Ft.
$613 / Sq. Ft.
2,976
Sq. Ft.
$613
per Sq. Ft.

Description

Beautiful property sits on the corner of 556 8th street and 758 Cypress in Imperial Beach. Property consits of two buildings with each having 2 units of 2 bedrooms and 1 bath each (total of 4 units) each building has 2 one car garage for each unit. 3 of the units were refurbish about 3 years ago, which included new flooring, granite countertop and new paint. Upstairs unit include stackable washer and dryer in unit and downstairs units have washer and dryer area next to garage. Please do not walk...Beautiful property sits on the corner of 556 8th street and 758 Cypress in Imperial Beach. Property consits of two buildings with each having 2 units of 2 bedrooms and 1 bath each (total of 4 units) each building has 2 one car garage for each unit. 3 of the units were refurbish about 3 years ago, which included new flooring, granite countertop and new paint. Upstairs unit include stackable washer and dryer in unit and downstairs units have washer and dryer area next to garage. Please do not walk on property, property are shown by appointment only.
  1. Listed by Conchita Lopez • DRE #00587921 • Brokerage DRE #01481919 • Coldwell Banker West • conchita@conchitalopez.com

Property Details for 556-58 8th Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2976
Assessor Parcel Number
626-132-31-00
Property Attached YN
true
LISTING UPDATED: 01/29/2025 01:47 AM

Property Details for 556-58 8th Street

StatusActive
MLS #PTP2404378
Days on Market194
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.33 AC / 14,310 SF
CountySan Diego County

Building Information for 556-58 8th Street

Stories2Residences-Year Built1969Building Size-Lot Size0.33 AC / 14,310 SF

Property Information for 556-58 8th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $99,528
  • Gross Scheduled Income: $103,908
  • Net Operating Income: $56,646
  • Cap Rate: 3.0
Expense Details
  • Operating Expense: $47,262
  • New Taxes Expense: $23,000
  • Insurance Expense: $10,000
  • Professional Management Expense: $7,956
  • Trash Expense: $2,010
  • Water Sewer Expense: $4,296
  • Total Expenses: $47,262
Tax / Assessment Info
  • Tax Tract Number: 000497
  • Tax Lot: 14009
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: front
  • Fence: No
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Corner Lot, Front Yard, Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 4
  • Parking: No
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,239
  • Unit Type Total Rent: $2,239
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,239
  • Unit Type Total Rent: $2,239
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,830
  • Unit Type Total Rent: $1,830
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,240
  • Unit Type Total Rent: $2,240
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2

Property History for 556-58 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 556-58 8th Street

This home is within Sweetwater Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Bayside Elementary School
PublicK to 6

Mar Vista Academy
Public7 to 8

Mar Vista Senior High School
Public9 to 12

SBUSD Virtual Academy
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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556-58 8th Street is a multi-family home for sale in Imperial Beach, CA 91932. This property was listed for sale on July 22, 2024 by Coldwell Banker West, it's currently listed at $1,825,000. This listing's school districts are Sweetwater Union High School District, South Bay Union School District. Nearby schools include Bayside Elementary School, Mar Vista Academy and Mar Vista Senior High School. 556-58 8th Street is a 8-bed, 8-bath, 2,976 sqft multi-family home built in 1969.

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Listing Courtesy of Coldwell Banker West, Conchita Lopez, DRE #00587921

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