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1343 Grove Ave, Imperial Beach, CA 91932

Commercial property

1343 Grove Ave, Imperial Beach, CA 91932 Sold May 2025 CRMLS
$2,420,000Sold May 2025

Listing Agent: Adam Cairo (DRE #01948040) · Listing Office: Starker West, Inc. · Contact: 858-867-3732 · Bought with: Melvina Selfani · Century 21 Affiliated · MLS #250018401SD · Source: CRMLS

6
Units
5.10%
Cap Rate
10,553 sqft
Lot Size
R-3:RESTRI
Zoning
Commercial property
Type

About this commercial property

Presenting a prime investment opportunity in the heart of Imperial Beach, this multifamily property at 1343 Grove Ave offers a strong mix of all 2-bedroom units, providing a reliable income stream for investors. Situated on a spacious 10,553 SF lot, the property boasts ample parking and is located in a highly desirable area with proximity to local amenities, schools, and just minutes from the beach. The property is well-maintained, with stable in-place rents, making it an ideal addition to any investment portfolio. With its combination of excellent location, and solid unit configuration, this property presents a unique chance for both immediate cash flow and long-term appreciation. Key Features: - All 2-bedroom units - Large 10,553 SF lot - Ample parking for tenants - Strong in-place rents Whether you're looking to expand your rental portfolio or secure a steady income property, 1343 Grove Ave offers a fantastic opportunity.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$2,420,000
Sold May 2025 · listed $2,450,000, orig. $2,499,000, on market February 2025 · MLS #250018401SD · Source: CRMLS
Listing Agent: Adam Cairo · Listing Office: Starker West, Inc. · Contact: 858-867-3732 · Bought with: Melvina Selfani · Century 21 Affiliated
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