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584 11th, Imperial Beach, CA 91932

Commercial property · 2 recorded sales since 2017

584 11th, Imperial Beach, CA 91932 Sold September 2021 CRMLS
$3,745,000Sold September 2021

Listing Agent: Joseph Siemienowski (DRE #00831832) · Listing Office: Siemienowski & Associates · Contact: 858-866-0750 · Bought with: Vic Minassian · Capital Worldwide Group · MLS #210012489 · Source: CRMLS

10
Units
4.29%
Cap Rate
$158,447
NOI
7,284 sqft
Lot Size
Commercial property
Type

About this commercial property

10 Prime, Luxury, Major Renovation, Coastal Units. Great Mix of 5 - 2Br,1Ba and 5 - 1Br,1Ba Units. Pride of Ownership. Close Proximity to Pacific Ocean and Beach. Walking distance to Bayshore Bikepath to Coronado. One of the Finest Apartment Buildings available. See attached Marketing Package for more details. Priced to Sell at Current GRM of 15.4 and Actual 4.95 CAP Rate. Brand New Roof 2020, Balconies and Patio Yards. Must See OM for vast list of exterior and interior improvements. Exterior: ,,,,,

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$3,745,000
Sold September 2021 · listed $3,695,000, on market May 2021 · MLS #210012489 · Source: CRMLS
Listing Agent: Joseph Siemienowski · Listing Office: Siemienowski & Associates · Contact: 858-866-0750 · Bought with: Vic Minassian · Capital Worldwide Group
$2,135,000
Sold September 2017 · listed $2,290,000, on market June 2017 · MLS #170032176 · Source: CRMLS
Listing Agent: Mark Morgan · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Corey McHenry · Colliers International
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