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Imperial Beach, CA 91932,231 Elm Avenue
Imperial Beach, CA 91932,231 Elm Avenue
Imperial Beach, CA 91932,231 Elm Avenue
$3,011,500
Est. payment /mo
$3,400,000
11.4%
Est.Price: ?

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9,679 Sqft Lot
SOLD DATE : 04/14/2023

Key Details

Sold Price $3,011,500

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220027029SD

Lot Size 9,679 Sqft

Property Description

We are pleased to present Elm Villas, a charming rental community located in the coastal area of Imperial Beach, California. The offering presents real estate investors the opportunity to acquire a pride-of-ownership coastal real estate asset in one of San Diego's most up-and-coming coastal communities. The Property consists of 8 units, resting on approximately 9,680 square feet of land. Originally constructed in the 1980, the Property is well-maintained and managed by the long-term current ownership. The Property is comprised of three (3) two-bedroom / one and half-bath two-story townhomes with ocean view balconies and both front and back patio areas, one (1) large two-bedroom / one-bath unit with L-shape ocean view balcony, four (4) studios situated over six (6) individual garages. The Property provides tenants with ample assigned off-street parking totaling eight (8) spaces, excluding garages, charming front courtyards, and one (1) on-site laundry facility. Four (4) of the eight (8) units have been nicely upgraded with – newer cabinets, granite countertops, stainless steel appliances including – refrigerators, fixtures, and sinks.

Location

State CA

County San Diego

Area 91932 - Imperial Beach

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California Regional MLS (CRMLS)
Listed by Nick Trejo • Acre Investment Real Estate
Bought with Nick Trejo • Acre Investment Real Estate
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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