1164 Ivy Lane $1,995,000

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    1164 Ivy Lane Imperial Beach, CA 91932

    • Commercial Sale
    MLS# 190043044 | Active
    Days On Market: 43 0 Views
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    Property Details

    This 6-unit apartment building sits at the end of Ivy Lane. Units consists of 5,542 rentable square feet and is situated on 18,000+ square foot lot. Features include 11 garages, 4 storage units and 15 open parking spaces with on-site laundry. The unit mix consists of (1) 4-bedroom/3 bath house, (1) 3-bedroom/2.5 bath townhome and (4) 2-bedroom/1bath units. Garages and storage units rent separately for added income. Imperial Beach is in high demand, these low maintenance units offer a 4.55 CAP rate and upside potential. This is a great opportunity to own units near the ocean and this price and cap rate. 3 of the units have yard areas, great mix and easy to rent. See Available brochure.

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    Neighborhood

    91932 (Imperial Beach) Demographics

    32Median Age
    10,665Population Density (per sq. mile)
    28%College Educated
    $48,010 Estimated Median Income
    2,784Estimated Total Home Owners
    6,260Estimated Total Renters
    31% / 69%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    26,801Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $599,000 Median Sales Price
    15 Homes Sold
    30 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,995,000
        9/10/2019 10:46:39 AM Price Reduced Source New Value: $1,995,000 -9.32%
        8/2/2019 7:52:00 PM New in Database Source New Value: $2,200,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 9/15/2019 12:47:51 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.