306 308 Elm Ave, Imperial Beach, CA 91932

About this property

Only 2 Blocks from the beach! Situated on the corner of 3rd Street and Elm Avenue, this corner lot totals .27 acres. This sale consists of two parcels being sold together - 306-308 Elm Ave and 861-865 3rd St. The property consists of two duplexes, for a total of four (4) units. Each unit is 2 bedrooms, 1 bath, and approximately 692 square feet. In addition to the 4 units, there are two (2), 2-car detached garages that provide an excellent opprotunity to convert to ADUs, and each unit has its own fenced yard. The units can be upgraded to higher-end finishes, providing over a 40% potential upside in rents. This property offers a rare opportunity to own a large corner lot only 2-blocks from the beach in one of San Diego's most up-and-coming coastal communities.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$1,955,400

Sold May 2023 · listed $2,099,900, on market March 2023 · MLS #230003954SD · Source: CRMLS

Listing Agent: Glen Henderson · Listing Office: Big Block Realty, Inc. · Contact: 800-550-3209 · Bought with: Kate Gillingham Milke · Coronado Island Realty

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