Imperial Beach, CA 91932,231-47 Elm Avenue
Imperial Beach, CA 91932,231-47 Elm Avenue
Imperial Beach, CA 91932,231-47 Elm Avenue
Imperial Beach, CA 91932,231-47 Elm Avenue
Imperial Beach, CA 91932,231-47 Elm Avenue
Imperial Beach, CA 91932,231-47 Elm Avenue
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$3,011,500

$3,400,000

11.4%
Est.Price: ?

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Est. payment /mo

9,680 Sqft Lot


SOLD DATE : 04/14/2023

Key Details

Sold Price $3,011,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220027029

Sold Date 04/14/23

Lot Size 9,680 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 Imperial Beach (91932)

Exterior

Total Parking Spaces 14

Building

Story 2

Lot Size Range .25 Acres or less

Others

Space Rent $148,080

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Nick Trejo • Acre Investment Real Estate
Bought with Nick Trejo • Acre Investment Real Estate
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