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Key Details
Sold Price $1,485,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Imperial Beach
MLS Listing ID 240011259
Sold Date 08/22/24
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1952
Lot Size 7,040 Sqft
Property Description
1336-38 Grove Ave is a luxurious triplex located in the heart of Imperial Beach. This property features a brand-new 2BR/2BA ADU and two fully renovated 2BR/1BA Apartments. Each unit boasts modern styling and amenities, including luxury vinyl plank flooring, custom cabinetry and counter-tops, stainless steel appliances, and an efficient AC/Heat mini-split system. Investors can also generate additional income by renting out two single-car garages and potentially utilizing the extra unused lot area for an ADU or RV/boat/trailer storage. This multifamily property presents an incredible opportunity for both investors and homeowners alike.
Location
State CA
County San Diego
Community Imperial Beach
Area Imperial Beach (91932)
Building/Complex Name IB
Exterior
Exterior Feature Wood/Stucco
Fence Partial
Roof Type Composition
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $3,000
Listing Terms Cash, Conventional, FHA, VA
Financing VA
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Bought with Zach Arrington • eXp Realty of Southern California, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "