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Key Details
Sold Price $1,510,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $2,097
MLS Listing ID 220004523
Sold Date 04/08/22
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1968
Property Description
3 DETACHED Homes on 1 large parcel in COASTAL Imperial Beach. 1.5 blocks to San Diego Bay and just blocks to Imperial Beach Pier and Sandy Beaches. Close proximity to Southern Entrance to Silver Strand and Coronado. Each home is separately metered for ALL utilities, therefore tenants pay for everything. Each home has it's own washer/dryer AND a new Roof / Gutters (2020). Additional recent upgrades. RENTAL UPSIDE POTENTIAL. Each home is 2BR/1BA (detached) with yards. Current rents low compared to market for SFR homes. Vacancy for rental homes in Imperial Beach virtually non-existent. 2 Bedroom Detached Homes in the immediate area are selling in the $750,000 range. EXCELLENT COASTAL VALUE.
Location
State CA
County San Diego
Area Imperial Beach (91932)
Exterior
Exterior Feature Wood/Stucco
Fence Partial
Roof Type Composition
Building
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash
Space Rent $1,920
Listing Terms Cash
Financing Conventional
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Bought with Corey McHenry • Colliers International
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "