$2,500,000
For Sale

123 Elkwood Street

Imperial Beach, CA 91932
0.25 acres | #SB25019532
Listing OfficeW&D Real Estate Investments
Browse 37 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

LOCATION, LOCATION, LOCATION!!!! 111-123 Elkwood Ave is a well-maintained 5-unit craftsman property in Imperial Beach. The property is comprise of three structures including a garage with 5 parking spaces. The rents total $11,790/month. Rare opportunity to own 5 units next to the sand in Imperial Beach. The property underwent extensive capital improvements. All but one unit has been remodeled. THIS PROPERTY IS ZONED FOR AIRBNB providing an investor significant upside. It consists of a large, 2-story duplex, and a single-story triplex. The duplex consists of one 2-bed/2-bath that has in-unit washer/dryer, a private yard, an extra room, and ocean views from the second story. The other unit is a 2-bed/1-bath with two private yards, a garage, and a laundry shed. The other building is a triplex consisting of three 1-bed/1-bath units with two of them being recently renovated. The total rentable square footage for all 5-units is 2,957 square feet on a 6,929 square foot lot. The zoning is C/MU2. Feel free to walk the property but do not disturb the tenants.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • SubdivisionImperial Beach
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$2,500,000
      • MLS #SB25019532
      • MLS #SB25019532
      • CountySan Diego
      • Property SubtypeApartment
      • Cost2500000
      • Acres0.2479
      • Utility SourcePublic
      • Year Built1960
      • Stories2
      • Parking Spaces1

Location

Gina MogaReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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