111-123 Elkwood Ave, Imperial Beach, CA 91932

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Glen Henderson

[email protected] +1(619) 889-7646

$2,500,000

Est. payment - /mo

6,920 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex,Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250022243

Lot Size 6,920 Sqft

Acres 0.16

Lot Dimensions 75x95

Property Sub-Type Duplex,Triplex

Type of Financing Cash,Cash to New Loan,Submit

Property Description

150 Steps to the Ocean with Investment Flexibility: "Elkwood Cottages by the Sea" each of the 5 units have their own names. This property presents a remarkable opportunity for those looking to capitalize on the thriving Imperial Beach coastal market. Here are some Potential Uses; 1) Live in this charming single-family craftsman beach home (2000sf removing one kitchen)with three helper rental units. 2) Zoned for vacation rentals without the City of San Diego Short Term Rental Constrictions. (#121 historically was a AIRBNB grossing $7000/month 3) Convert to a mixed use property with commercial on the first floor and condos above. 4) Use it as a commercial space immediately. Large parking lot across the street. Property Overview: Year Built: 1935 with a giant facelift. Walk the tropical walkway w/banana trees between the buildings. 5 total units. The duplex units both have private fenced yards, The Triplex: 3 one bedrooms, A Garage: 1 plus 4 additional parking spaces off the alley. Renovations: Four of the five units have been thoughtfully renovated and professionally landscaped. Directly in the center of downtown Imperial Beach with a large parking lot across the street. No house meters except water.

Location

State CA

County San Diego

Area Imperial Beach (91932)

Zoning C/MU2

Interior

Heating Wall

Cooling Wall/Window

Flooring Vinyl, Wall to Wall Carpet

Laundry Owned

Air Conditioning Wall/Window

Exterior

Exterior Feature All Auto Sprinklers, Front Sprinklers, Fully Landscaped, Part Fenced, Rear Sprinklers, Wood Fence, Wood Deck

Parking Features Garages, Spaces

Roof Type Composition,Tar & Gravel

Total Parking Spaces 5

Building

Story 2

Lot Size Range .5 through .75 Acres

Others

Acceptable Financing Cash, Cash to New Loan, Submit

Space Rent $141,480

Listing Terms Cash, Cash to New Loan, Submit

Virtual Tour https://www.propertypanorama.com/instaview/snd/250022243

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Listed by Nancy K Nobel • Nobel Prize Properties

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

111-123 Elkwood Ave Imperial Beach, CA 91932

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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