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$1,499,000
Est. payment /mo
3 Beds
3 Baths
800 SqFt
UPDATED:
12/07/2024 03:42 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $1,873
Subdivision Imperial Beach
MLS Listing ID 240021357
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1965
Lot Size 4,770 Sqft
Property Description
PRICE IMPROVEMENT -- Discover a rare chance to own a prime multifamily property just steps from the ocean in Imperial Beach. This versatile asset features a well-appointed 2BD/1BA house, alongside a 2-story building that contains a 1BD/1BA unit on the first floor and a studio unit on the second floor – offering a desirable mix of rental opportunities. All three units have access to a common area washer and dryer. Situated at the corner of Evergreen Ave. and 2nd Street, this property is a straight shot to the iconic Imperial Beach pier, with shops and restaurants just a short walk away. Perfect for owner-occupants: live in one unit and rent out the other two. Each building boasts its own detached garage, offering additional storage or the potential for ADU conversions to expand your investment. Positioned for significant rental income growth, thanks to its unbeatable proximity to the beach, vibrant dining, shopping, and an array of coastal activities. Don't miss out on this rare opportunity to invest in a property that seamlessly blends immediate rental income with the coveted beachside lifestyle.
Location
State CA
County San Diego
Community Imperial Beach
Area Imperial Beach (91932)
Building/Complex Name Imperial Beach
Interior
Cooling Zoned Area(s)
Exterior
Exterior Feature Stucco
Fence Partial
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $2,400
Listing Terms Cash, Conventional, FHA, VA
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Listed by Eric Lowe • Starker West, Inc.
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