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775 9th | Imperial Beach, CA 91932

$2,000,000 180066890 Sold

Property Details

  • $2,100,000
  • Commercial Residential Income
  • 180066890
  • 0.00 Acres
  • 37
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  • 7

Property Description

Newer construction (1992) multifamily investment property, centrally located in Imperial Beach. Built to condo specifications, this Seven (7) unit apartment property is comprised of: Three (3) 2Br/2Ba units and Four (4) 2Br/2.5Ba units, all of which are townhomes. There is a slightly below grade parking garage on call it 1st floor, with fourteen (14) spaces and laundry room, above which are two floors housing the apartments, each with balconies/patios, central heat, dishwashers, standard finishes, fixtures and appliances for the era. Automatic gated vehicle access and two separate gated walk-up entryways help provide for improved property security. Roof is relatively new, Spanish-tile, exterior fascia is stucco, and units are separately metered for water, gas and electricity. An opportunity exists to improve this Property via interior cosmetic upgrades that would justify higher rents than are currently in-place.

Detailed Home Information

  • # of Total Bedrooms: 2
  • # of Total Baths: 2.00
  • Acres: 0.00
  • # of Parking Spaces: 14
  • Style: Commercial Residential Income
  • Listing Broker: Palma Commercial
  • Listing Agent: Joseph Burrough