916 Imperial Beach Blvd - Apartments FOR SALE


Imperial Beach, CA 91932
$1,177,600 USD
760-710-9163
916 Imperial Beach Blvd, Imperial Beach, CA for Sale
$1,177,600 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

916 Imperial Beach Blvd
Imperial Beach, CA 91932


HIGHLIGHTS

  • Highly versatile duplex with ADU potential

OVERVIEW

An incredible multi-family investment opportunity in the high-growth Imperial Beach submarket. Located just minutes from the coast, this highly versatile duplex features two fully updated units, offering an investor immediate cash flow with substantial upside. The expansive lot provides rare value add opportunity. The 3-Car Garage: A massive standout feature. Perfect for a strategic ADU addition to drastically increase the property’s cash flow potential. This is a rare, high-utility, turnkey coastal asset designed for low-overhead management and aggressive yield optimization. Add this high-performing property to your portfolio today. The property has been upgraded with major capital expenditures already completed: Mechanics & Utilities: Completely upgraded electrical system featuring two new electrical panels; brand-new main sewer line, new drainage system, and new gutters. Exterior: Newer roof, fresh stucco exterior, dual-pane windows, and newer secure fencing. Interior: New smoke & CO2 detectors, high end Frigidaire appliances, hickory & poplar cabinets

FOR SALE DETAILS

PRICE

$1,177,600 USD

PRICE/SF

$1,001 USD /SF

# OF UNITS

2

PRICE/UNIT

$588,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,901 SF

ZONING

Duplex

APN/PARCEL ID

626-510-12-00

ASK ABOUT THIS PROPERTY

Michael TompkinsMike Tompkins RealtyMore Info
760-710-9163

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Michael TompkinsMike Tompkins RealtyMore Info
760-710-9163

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