$1,595,000
FOR SALEActive269 Elder Ave
Imperial Beach CA 91932
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Location Analysis
About This Property
Pleased to present 269 Elder Avenue, a five-unit multifamily property located along the Imperial Beach coastline, just two blocks from the beach and Imperial Beach Pier. Built in 1972, the property features a mix of one- and two-bedroom units with spacious layouts, large walk-in closets, and one dedicated parking space per unit. Recent improvements include updated kitchen appliances, kitchen and bathroom finishes, vinyl flooring, and new shared laundry facilities. Offering a strong in-place cap rate, 269 Elder Avenue provides investors with immediate cash flow and additional upside through future improvements and rental growth. Its coastal location offers residents convenient access to the beach, restaurants, shops, and recreation.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
5
Total Units
5.62%
Cap Rate
$90K
NOI
5
Parking Total
Property Highlights
N/A Property
Prime Location with High Visibility
5.62% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Investment Metrics
5.62%
Cap Rate
$89,583
NOI
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