111-123 Elkwood Ave Active Save Request In-Person Tour Request Virtual Tour
Imperial Beach,CA 91932
Key Details
Property Type Multi-Family
Sub Type Duplex,Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250022243
Lot Size 6,920 Sqft
Acres 0.16
Lot Dimensions 75x95
Property Sub-Type Duplex,Triplex
Property Description
150 Steps to the Ocean with Investment Flexibility: "Elkwood Cottages by the Sea" each of the 5 units have their own names. This property presents a remarkable opportunity for those looking to capitalize on the thriving Imperial Beach coastal market. Here are some Potential Uses; 1) Live in this charming single-family craftsman beach home (2000sf removing one kitchen)with three helper rental units. 2) Zoned for vacation rentals without the City of San Diego Short Term Rental Constrictions. (#121 historically was a AIRBNB grossing $7000/month 3) Convert to a mixed use property with commercial on the first floor and condos above. 4) Use it as a commercial space immediately. Large parking lot across the street. Property Overview: Year Built: 1935 with a giant facelift. Walk the tropical walkway w/banana trees between the buildings. 5 total units. The duplex units both have private fenced yards, The Triplex: 3 one bedrooms, A Garage: 1 plus 4 additional parking spaces off the alley. Renovations: Four of the five units have been thoughtfully renovated and professionally landscaped. Directly in the center of downtown Imperial Beach with a large parking lot across the street. No house meters except water.
Location
State CA
County San Diego
Area Imperial Beach (91932)
Zoning C/MU2
Interior
Heating Wall
Cooling Wall/Window
Flooring Vinyl,Wall to Wall Carpet
Laundry Owned
Exterior
Exterior Feature All Auto Sprinklers,Front Sprinklers,Fully Landscaped,Part Fenced,Rear Sprinklers,Wood Fence,Wood Deck
Parking Features Garages,Spaces
Roof Type Composition,Tar & Gravel
Total Parking Spaces 5
Building
Story 2
Lot Size Range .5 through .75 Acres
Others
Acceptable Financing Cash,Cash to New Loan,Submit
Space Rent $141,480
Listing Terms Cash,Cash to New Loan,Submit
Virtual Tour https://www.propertypanorama.com/instaview/snd/250022243