637 10th, Imperial Beach, CA 91932

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Jun

Thu

Jun

Fri

Jun

Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$1,775,000

Est. payment - /mo

6 Beds

5 Baths

625 SqFt

Save Video Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 625 sqft

Price per Sqft $2,840

Subdivision Imperial Beach

MLS Listing ID 250031120

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1978

Property Sub-Type Res Income 2-4 Units

Property Description

We are thrilled to present for sale the Six (6) Unit apartment property at 637 10th Street, in the Dolphin Bay area of Imperial Beach, within close proximity to the Bayshore Bikeway, and easy access to several neighborhood shopping centers and Silver Strand. There are: Four (4) spacious 1-bedroom/1-bathroom units; and Two (2) large 3-bedroom/2-bathroom units. Select units have private outdoor areas, and/or have been upgraded with vinyl plank flooring and updated kitchens and bathrooms. The property is on a corner lot and boasts eleven (11) surface off-street parking spaces, as well as a separate laundry room on-site. Pricing reflects a low $446/SF of rentable building area, suggesting good upside via continued modernization efforts, sufficient to justify upper end market rents for the immediate area.
Built of wood frame construction upon a concrete on grade foundation, with flat roof and stucco exterior, apartments all have screen doors and aluminum frame windows. The apartment building is separately metered for electricity and master metered for gas. Inside, the units have ceiling fans/light fixtures, radiant heat, and standard appliance packages. An opportunity exists to modernize the apartments with higher quality finishes, fixtures and appliances, sufficient to justify upper end rents for the area, in line with upgraded units nearby. Owned by the same family for around 20 years, this is a rare opportunity with upside in the desirable northerly Dolphin Bay area of IB, near the Bayshore Bikeway and Silver Strand. Close proximity to the beach and its ever improving dining/brewery/retail scene is also a plus!

Location

State CA

County San Diego

Community Imperial Beach

Area Imperial Beach (91932)

Building/Complex Name NA

Interior

Heating Other/Remarks

Cooling Other/Remarks

Appliance Radiant

Exterior

Exterior Feature Stucco

Fence Partial

Community Features Laundry Facilities

Complex Features Laundry Facilities

Roof Type Rolled/Hot Mop

Building

Lot Description Alley Access, Corner Lot, West of I-5

Story 2

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,470

Listing Terms Cash, Conventional

Read Less Info

Listed by Joseph A Burrough • Palma Commercial

Get More Information

Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

637 10th Imperial Beach, CA 91932

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

Get More Information