Presented by Terry Moore
619.889.1031
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1050 15th Street | San Diego, CA 92154

$9,700,000 180064815 Sold


Property Details

  • $10,750,000
  • Commercial Residential Income
  • 180064815
  • 1.08 Acres
  • 116
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  • 44


Property Description

Ideally positioned in the central part of Imperial Beach, the 44 units known as Pacific Crest Apartments is located at 1030 15th Street. This multi-family investment property presents an attractive opportunity for even the most discerning investor. This unique asset is situated in a dynamic rental submarket and is a perfect property for those investors who find themselves in a 1031 Exchange, The Pacific Crest Apartments will be a desirable property for years to come. This two story property was built in 1975 and underwent an extensive $1,000,000 renovation in 2016. Pacific Crest Apartments features a good unit mix of 26 - 1 bedroom / 1 bath units and 18 - 2 bedroom / 1 bath units. The units are 100% Occupied with immediate rental upside. The tenants enjoy a courtyard setting on a quiet cul de sac, gated entrance, on-site parking, private balconies for the upper units and patios for the lower units, and two spacious laundry rooms. Located just 14 blocks to the Pacific Ocean.


Detailed Home Information

  • # of Total Bedrooms: 1
  • # of Total Baths: 1.00
  • Sq. Ft.: 47045
  • Acres: 1.08
  • Style: Commercial Residential Income
  • Listing Broker: Apartment Consultants, Inc.
  • Listing Agent: Mark Morgan


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