Mohr Real Estate Group

Mohr Real Estate Group

1147 Grove Avenue Imperial Beach CA 91932 MLS #260003989SD

1147 Grove Avenue
Imperial Beach, CA, 91932
$2,745,000
Beds
0 Baths
0 SqFt
0.46 Acres
Add
Add
$2,745,000
1147 Grove Avenue
Imperial Beach, CA, 91932
MLS #260003989SD image #0MLS #260003989SD image #1MLS #260003989SD image #2MLS #260003989SD image #3MLS #260003989SD image #4MLS #260003989SD image #5MLS #260003989SD image #6MLS #260003989SD image #7MLS #260003989SD image #8MLS #260003989SD image #9MLS #260003989SD image #10MLS #260003989SD image #11MLS #260003989SD image #12MLS #260003989SD image #13MLS #260003989SD image #14

Property Description


We are pleased to present 1147 Grove Avenue, a recently renovated six-unit property located in the charming family-friendly coastal community of Imperial Beach, San Diego’s most southern beach town. This unique offering provides a phenomenal owner-user house hack opportunity with a large front house on Grove Avenue and five apartment units in the back. The property sits on a generous 20,129 square foot lot offering potential for construction of multiple ADU units making it an attractive investment for both owner-users and value-add investors. The property consists of six large fully renovated apartment units, three of which are furnished. There are (4) three-bedroom, one-bath units, (1) two-bedroom, one-and-a-half bath townhouse and (1) three-bedroom, two-bathroom detached house at the front of the property. The extensive renovations completed in 2024 have modernized both the unit interiors and exterior of the property. The upgrades include hard surface countertops, new appliances, new cabinetry, vinyl plank flooring, air conditioning, exterior paint and stucco, a new roof, new electrical systems, and refinishing of the pool and pool area. Additionally, the parking lot has been re-slurried and striped, providing ample parking with a total of 12 surface spaces. Since 2015, only 29 new apartment units have been constructed in Imperial Beach, excluding ADU units. This scarcity of new and well-maintained units creates high demand for properties like 1147 Grove Avenue, which offers large modern, turnkey living spaces.

Property Details

Price:
$2,745,000
MLS #:
260003989SD
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
91932imperialbeach
Listed Date:
Feb 19, 2026
Lot Size:
20,129 sqft / 0.46 acres (approx)
91932 – Imperial Beach91932imperialbeach

Schools

Interior

Exterior

Parking Spots
12
Parking Total
12

Financial

Net Operating Income
$151,236
Need more info?

If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.

Ask a Question

Ready to go see it?
Schedule a Showing

Mortgage Calculator

 

Similar Listings Nearby

broker reciprocity
MLS# 2600818SDbroker reciprocity
801 Seacoast
Imperial Beach, CA

$3,000,000

1.4 miles away

broker reciprocity
MLS# 250044410SDbroker reciprocity
700 SEACOAST DR
Imperial Beach, CA

$2,500,000

1.5 miles away

1147 Grove Avenue
Imperial Beach, CA
The Mohr Real Estate Group

Receive hand curated properties directly to your inbox.

Tell us what type of properties you’re interested in & we’ll send you updates on our hand curated listings.