784 Calla Ave - Apartments FOR SALE


Imperial Beach, CA 91932
$1,800,000 USD
760-822-9861
784 Calla Ave, Imperial Beach, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

784 Calla Ave
Imperial Beach, CA 91932


HIGHLIGHTS

  • Premier Imperial Beach location with significant rental upside
  • Ideal unit mix of six spacious two-bedrooms and one one-bedroom floor plan, individually metered for gas & electric
  • Proximity to the beach, employment, restaurants, shopping, cafes, schools, parks, and entertainment
  • Private laundry facility and 9 open parking spaces for tenant convenience
  • Convenient access to the Silver Strand and Interstate 5
  • Competitive housing market ideal for multifamily investment

OVERVIEW

CBRE is pleased to offer for sale 784 Calla Avenue, a 7-unit residential community ideally located in the heart of Imperial Beach. An excellent investment opportunity, 784 Calla offers a new investor significant immediate rental upside. Built in 1963, the property features an ideal unit mix of six spacious twobedrooms and one one-bedroom floor plan, individually metered for gas and electric. The property also includes 9 open parking spaces, and a private laundry room for the tenant’s convenience. Recent capital improvements include new electrical main and sub panels (complete June 10th, 2025) and roof (replaced June 2021). The property enjoys proximity to employment, restaurants, entertainment, shopping, parks, schools, and the beach. As a result, the area attracts young professionals, families, retirees, and Naval personnel from the Navy Seal Training Center and Naval Outlying Landing Field, seeking a beach lifestyle with strong sense of community. All of which make Imperial Beach ideal for multifamily investment.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

7

PRICE/UNIT

$257,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R3

APN/PARCEL ID

626-132-12

ASK ABOUT THIS PROPERTY

Philip BuckleyCBRE, Inc.More Info
760-822-9861

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Philip BuckleyCBRE, Inc.More Info
760-822-9861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.