$3,011,500
$3,400,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
231 Elm Avenue Imperial Beach, CA 91932
9,679 Sqft Lot
Key Details
Sold Price $3,011,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 220027029SD
Sold Date 04/14/23
HOA Y/N No
Lot Size 9,679 Sqft
Property Description
We are pleased to present Elm Villas, a charming rental community located in the coastal area of Imperial Beach, California. The offering presents real estate investors the opportunity to acquire a pride-of-ownership coastal real estate asset in one of San Diego’s most up-and-coming coastal communities. The Property consists of 8 units, resting on approximately 9,680 square feet of land. Originally constructed in the 1980, the Property is well-maintained and managed by the long-term current ownership. The Property is comprised of three (3) two-bedroom / one and half-bath two-story townhomes with ocean view balconies and both front and back patio areas, one (1) large two-bedroom / one-bath unit with L-shape ocean view balcony, four (4) studios situated over six (6) individual garages. The Property provides tenants with ample assigned off-street parking totaling eight (8) spaces, excluding garages, charming front courtyards, and one (1) on-site laundry facility. Four (4) of the eight (8) units have been nicely upgraded with – newer cabinets, granite countertops, stainless steel appliances including – refrigerators, fixtures, and sinks.
Location
State CA
County San Diego
Area 91932 - Imperial Beach
Interior
Fireplace No
Exterior
Total Parking Spaces 14
Others
Tax ID 6253612400
Financing Cash
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Bought with Nick Trejo • Acre Investment Real Estate