Properties

Imperial Beach, CA 91932 1147 Grove Avenue

1147 Grove Avenue Imperial Beach, CA - Image 11147 Grove Avenue Imperial Beach, CA - Image 21147 Grove Avenue Imperial Beach, CA - Image 3
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1147 Grove Avenue Imperial Beach, CA - Image 41147 Grove Avenue Imperial Beach, CA - Image 51147 Grove Avenue Imperial Beach, CA - Image 61147 Grove Avenue Imperial Beach, CA - Image 71147 Grove Avenue Imperial Beach, CA - Image 81147 Grove Avenue Imperial Beach, CA - Image 91147 Grove Avenue Imperial Beach, CA - Image 101147 Grove Avenue Imperial Beach, CA - Image 111147 Grove Avenue Imperial Beach, CA - Image 121147 Grove Avenue Imperial Beach, CA - Image 131147 Grove Avenue Imperial Beach, CA - Image 14
Presented By: Nate Pepper with CBRE;
  • MLS# 260003989SD
  • 02/19/2026
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Home Details

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.
Presented By: Nate Pepper with CBRE;

Interior Features for 1147 Grove Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NNo

General for 1147 Grove Avenue

Cap Rate5.54
Carport Spaces
CityImperial Beach
CountySan Diego
HOA Fee$
Lot Size Square Feet20129
Lot Size UnitsSquare Feet
MLS Area91932 - Imperial Beach
Net Operating Income151898
Number Of Units Total6
Operating Expense74239
PostalCityIMPERIAL BEACH
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Virtual TourClick here

Exterior for 1147 Grove Avenue

Lot Size Acres0.4621
Lot Size Area20129
Number of Buildings2
Total Parking12

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,740,000
MLS#260003989SD
List Date 02/19/2026
Property Type Commercial
Phone 888.795.6274
Get pre-approved
Request Tour
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