IET Real Estate

1164 Ivy Lane

Imperial Beach, CA 91932

UPDATED:

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Listing Price

$2,200,000

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Robert Colangeli

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Key Details

Property Type: Commercial

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 180039690

HOA Fee: 1

Property Description

This 6-unit apartment building conists of 5,546 rentable square feet and is situatied on an 18,000+ foot lot. Features include 11 garages, 4 storge units, 15 open parking spaces. and onsite laundry. Zoning allows for 8 units, allowing develoment potential by removing the front house and building 3 townhomes in its place. The unit mix consists of (1) 4 Bed/3 bath house, (1) 3 bed/2.5 bath, and (4) 2 bed/1 bath units. Garages and storage units rent separtely for added income. Imperial Beach is in high demand! These low maintenance units offer a 5.27 CAP Rate with upside potential. A rare opportunity for the savvy investor or owner/user! Amenities: None

Location

State: CA

County: San Diego

Interior

Heating: Wall Heater

Schools

Elementary Schools: Oneonta Elementary School

Middle Schools: Mar Vista Middle School

High Schools: Mar Vista High School

School District: Sweetwater Union High School District,South Bay Union Elementary School District

Neighborhood Demographic

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Robert ColangeliIET Real Estate

Robert Colangeli


Agent License ID: 01919489

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Robert ColangeliIET Real Estate