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1430 14th Street, Imperial Beach, CA 91932

Commercial property · 2 recorded sales since 2014

1430 14th Street, Imperial Beach, CA 91932 Sold June 2018 CRMLS
$1,600,000Sold June 2018

Listing Agent: Brendan McKee (DRE #01882732) · Listing Office: McKee Properties · Contact: 619-435-7780 · Bought with: Out of Area Agent · Out of Area Office · MLS #180004066 · Source: CRMLS

8
Units
3.85%
Cap Rate
10,009 sqft
Lot Size
Commercial property
Type

About this commercial property

This 8-unit apartment building is located in the high demand market of Imperial Beach. Building consists of 7,098 rentable square feet and is located on a 10,009 square foot lot. The unit mix consists of (4) 2 bed/1 bath and (4) 1 bed/1 bath units featuring large floor plans, 11 off-street parking spaces, and an on-site laundry facility. Interiors have been well maintained and show very well. This is a great investment opportunity as rents have immediate upside potential with minimal value add, located in a market that is seeing substantial growth.

Listing description from the June 2018 sale, as reported to CRMLS.

Sale history

$1,600,000
Sold June 2018 · listed $1,750,000, on market January 2018 · MLS #180004066 · Source: CRMLS
Listing Agent: Brendan McKee · Listing Office: McKee Properties · Contact: 619-435-7780 · Bought with: Out of Area Agent · Out of Area Office
$1,200,000
Sold April 2014 · on market February 2014 · MLS #140007977 · Source: CRMLS
Listing Agent: Mark Morgan · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Russell McKee · McKee Properties
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