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Investment Highlights

  • Separate SFR's Both 2Bd/1Ba
  • Private Fenced Yards & Separate Access
  • Separately Metered

Executive Summary

Great Investment or First Time Home Owner Opportunity, Located in the Heart of Imperial Beach. 2 Homes on 1 Lot, Single Level, Two Bedroom 1 Bath Detached SFR's. Separately Metered for All Utilities with Tenants Paying Own for Ease of Ownership & Management. Both featuring Private Front and Back Yards with Full Privacy Fencing and Separate Driveways. Pride of Ownership.
****DO NOT WALK ON PROPERTY Nor Disturb Tenants****
Please Contact LA for Showings Instructions. All Tenants are on MTM Leases and Pay All Utilities. Seller(s) are 1031 out of state. The information contained herein has been obtained from sources believed reliable. KW Realty does not doubt the accuracy, but we have not verified it and make no guarantee, warranty or representations. Buyer to verify.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $72,260 $41.62
Other Income - -
Vacancy Loss - -
Effective Gross Income $72,260 $41.62
Taxes $14,928 $8.60
Operating Expenses $1,013 $0.58
Total Expenses $15,941 $9.18
Net Operating Income $56,319 $32.44

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $72,260
Annual Per SF $41.62
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $72,260
Annual Per SF $41.62
Taxes (CAD)
Annual $14,928
Annual Per SF $8.60
Operating Expenses (CAD)
Annual $1,013
Annual Per SF $0.58
Total Expenses (CAD)
Annual $15,941
Annual Per SF $9.18
Net Operating Income (CAD)
Annual $56,319
Annual Per SF $32.44

Property Facts

Price $1,213,642 CAD
Price Per Unit $606,821 CAD
Sale Type Investment
Cap Rate 5.95%
Sale Condition 1031 Exchange
Gross Rent Multiplier 13.4
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Single-Family Home
Lot Size 0.15 AC
Building Size 1,736 SF
Average Occupancy 100%
No. Stories 1
Year Built 1958
Zoning R-4 - Multi Family Dwellings Generic Any Combination 2+

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $4,126 CAD 868
2+1 1 $3,412 CAD 868
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 41766810

  • Date on Market: 2026-08-15

  • Last Updated:

  • Address: 1185 Georgia St, Imperial Beach, CA 91932

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