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.
|--||New Value: $1,995,000|
|9/10/2019 10:46:39 AM||New Value: $1,995,000|
|8/2/2019 7:52:00 PM||New Value: $2,200,000|