CBRE is pleased to offer for sale 789 Calla Avenue, a 12-unit residential community ideally located in the heart of Imperial Beach. An excellent investment opportunity, 789 Calla offers a new investor significant immediate rental upside. Built in 1973, the property features an ideal unit mix of spacious one-bedroom and two-bedroom floor plans, individually metered for gas and electric. The property also includes 6 carports, 11 open spaces, and a private laundry facility for the tenant’s convenience. Recent capital improvements include new electrical main and sub panels, roof (replaced June 2021), and passed SB 721/E3 balcony inspection on August 7, 2024. 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.