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1343 Imperial Beach Blvd., Imperial Beach, CA 91932

Commercial property · 2 recorded sales since 2014

1343 Imperial Beach Blvd., Imperial Beach, CA 91932 Sold December 2016 CRMLS
$1,741,000Sold December 2016

Listing Agent: Mark Morgan (DRE #01339919) · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Josh Browar · South Coast Commercial, Inc. · MLS #160056521 · Source: CRMLS

8
Units
4.50%
Cap Rate
$84,581
NOI
0.21 ac
Lot Size
Commercial property
Type

About this commercial property

The 8 unit apartment building known as "Del Coronado Villas" consists entirely of spacious 2 Bedroom / 1 Bath units. The property features balconies, laundry room, and on-site parking. All rents are level at $1,350. Improve the property and raise rents considerably. Bike to the beach! Located in the heart of Imperial Beach just under a mile to the sand and surf. Imperial Beach is a South Bay community located west of the I-5 just 10 minutes south of Downtown San Diego, 8 minutes south of Coronado Island, and 10 minutes north of the USA/Mexico border crossing at San Ysidro.

Listing description from the December 2016 sale, as reported to CRMLS.

Sale history

$1,741,000
Sold December 2016 · listed $1,895,000, on market October 2016 · MLS #160056521 · Source: CRMLS
Listing Agent: Mark Morgan · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Josh Browar · South Coast Commercial, Inc.
$1,250,000
Sold December 2014 · listed $1,295,000, on market July 2014 · MLS #140039433 · Source: CRMLS
Listing Agent: Mark Morgan · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Mark Morgan · Apartment Consultants, Inc.
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