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$ 1,595,000
Est. payment | /mo
$ 1,595,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260025115SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
Pleased to present 269 Elder Avenue, a five-unit multifamily property located along the Imperial Beach coastline, just two blocks from the beach and Imperial Beach Pier. Built in 1972, the property features a mix of one- and two-bedroom units with spacious layouts, large walk-in closets, and one dedicated parking space per unit. Recent improvements include updated kitchen appliances, kitchen and bathroom finishes, vinyl flooring, and new shared laundry facilities. Offering a strong in-place cap rate, 269 Elder Avenue provides investors with immediate cash flow and additional upside through future improvements and rental growth. Its coastal location offers residents convenient access to the beach, restaurants, shops, and recreation.
Location
State CA
County San Diego
Area 91932 - Imperial Beach
Interior
Fireplace No
Exterior
Total Parking Spaces 5
Others
Tax ID 6254011000
Virtual Tour https://www.propertypanorama.com/instaview/snd/260025115
Listed by Carson Trujillo Whitewater CRE Inc #01974818