HomeSmart Realty West
Jessica Nguyen, HomeSmart Realty WestPhone: (858) 405-0441
Email: [email protected]
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listing
1 of 9
MultifamilySold
List Price $2,099,900
Sold Price $1,955,400
306-308 Elm Ave
Imperial Beach, CA 91932
Listing Provided Courtesy of Big Block Realty, Inc.
MLS: San Diego Multiple Listing Service (SDMLS)
11,531Sq Ft
Est. Mortgage
$10,939/mo

Only 2 Blocks from the beach! Situated on the corner of 3rd Street and Elm Avenue, this corner lot totals .27 acres. This sale consists of two parcels being sold together - 306-308 Elm Ave and 861-865 3rd St. The property consists of two duplexes, for a total of four (4) units. Each unit is 2 bedrooms, 1 bath, and approximately 692 square feet. In addition to the 4 units, there are two (2), 2-car detached garages that provide an excellent opprotunity to convert to ADUs, and each unit has its own fenced yard. The units can be upgraded to higher-end finishes, providing over a 40% potential upside in rents. This property offers a rare opportunity to own a large corner lot only 2-blocks from the beach in one of San Diego's most up-and-coming coastal communities.

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Listing Courtesy of Big Block Realty, Inc.. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 03/29/2024 09:41 AM
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