MLS® ID: 190043044

1164 Ivy Lane

Imperial Beach, California, 91932

$1,995,000 Active
  • - SQFT
Developers added value, room to add more units. 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 at 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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Listing courtesy of Compass

Amenities

  • Full baths
    0
  • Half baths
    0
  • Three-quarter Baths
    0
  • Total Baths
    0
  • Zip
    91932
  • Office name
    Compass
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial/Residential
  • Zoning type
    R-2000
  • Year built
    0
  • Lot size
    18096.00
  • Heating
    See Remarks
  • Tax year
    0
  • Agent name
    Gina Barnes
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    SAND-8817
  • Agent ID
    SAND-608439

Location

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