Property Attributes
- MLS#190043044
- TypeIncome
- CountySAN DIEGO
- CityImperial Beach
- AreaSouth Bay
- NeighborhoodSouth Bay
- Zip91932
- Style
- Taxes11702
- Price$ 1,995,000
- Bedrooms15
- Full Bathrooms9
- Half Bathrooms0
- Sqr Footage5546
- Lot Size0.42 Acres
Listing Provided Courtesy Of:
Compass
Property Description
Developers added value, room to add more units. This 6-unit apartment building sits at the end of Ivy Lane. Units consists of 5,542 rentable square feet and is situated on 18,000+ square foot lot. Features include 11 garages, 4 storage units and 15 open parking spaces with on-site laundry. The unit mix consists of (1) 4-bedroom/3 bath house, (1) 3-bedroom/2.5 bath townhome and (4) 2-bedroom/1bath units. Garages and storage units rent separately for added income. Imperial Beach is in high demand, these low maintenance units offer a 4.55 CAP rate and upside potential. This is a great opportunity to own units near the ocean at this price and cap rate. 3 of the units have yard areas, great mix and easy to rent. See Available brochure.
| Price History | |
|---|---|
| 8/2/2019 | Listed $2,200,000 |
| 9/10/2019 | 10% - $1,995,000 |
General Features
| # Of Units (1) | 1 |
| # Of Units (2) | 1 |
| # Of Units (3) | 1 |
| # Of Units (4) | 1 |
| # Of Units (5) | 1 |
| # Of Units (6) | 1 |
| Construction | Stucco |
| Parking | Garages, Spaces |
| Sale/rent | For Sale |
| Stories | 1 Story, 2 Story |
| Tenant Pays Electric | Yes |
| Tenant Pays Gas | Yes |
| Tenant Pays Water | Yes |
| Terms | Cash, Cash to New Loan |
| Total Units | 6 |
| Unit Type | Apartment, Other/Remarks |
| Zoning | R-2000 |
Interior Features
| # Of Units W/disposals | 6 |
| # Of Units W/ranges | 6 |
| # Of Units W/refrigerator | 6 |
| Baths in Unit 1 | 3 |
| Baths in Unit 2 | 2.5 |
| Baths in Unit 3 | 1 |
| Baths in Unit 4 | 1 |
| Baths in Unit 5 | 1 |
| Baths in Unit 6 | 1 |
| Bedrooms in Unit 1 | 4 |
| Bedrooms in Unit 2 | 3 |
| Bedrooms in Unit 3 | 2 |
| Bedrooms in Unit 4 | 2 |
| Bedrooms in Unit 5 | 2 |
| Bedrooms in Unit 6 | 2 |
| Heating | Other/Remarks |
| Laundry | Owned |
| Unit Furnished (1) | n |
| Unit Furnished (3) | n |
| Unit Furnished (4) | n |
| Unit Furnished (5) | n |
| Unit Furnished (6) | n |
| Units w/Dishwashers | 6 |
Exterior Features
| Exterior | Wood Fence |
| Lot Dimensions | 91x201 |
| Lot Size Area | .25 Acres or less |
| Number of Buildings | 4 |
| Roof | Composition |
| Total Parking | 26 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Based on information from California Regional Multiple Listing Service, Inc. as of December 14, 2019 4:19 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
The data relating to real estate for sale on this web site comes in whole or in part from the Victor Valley Internet Data Exchange program of the Victor Valley Multiple Listing Service. Information being provided is for consumers person, ie, non-commercial use and may NOT be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
