Imperial Beach Market

[Christopher Gallardo]

BP San Diego,

Is anyone familiar with the Imperial Beach Market? My wife and I are looking at purchasing a SFH in the IB area to live in for 3-5 years before renting it out. We currently own a MFH in Logan Heights so I am new to the IB area. I am speculating it will sustain some growth in the future with the addition of the Navy Special Warfare compound, but is anyone else investing in IB right now?

I have been looking at the properties currently on market and was quite surprised how much house you can get for the price within 2 miles of a beach. I know Imperial Beach has some mixed reviews based on location and current demographics but it seems like purchasing a value-add property might not be a bad idea. Any thoughts on what the IB market might do in the near future?