1164 Ivy Lane, Imperial Beach, CA 91932 (MLS # 190043044)

Price $1,995,000
Status Active
Size n/a
Lot Size 18,097 sqft
Days on Market 49
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 and this price and cap rate. 3 of the units have yard areas, great mix and easy to rent. See Available brochure.
Property Type(s): Commercial
Last Updated 9/10/2019 Year Built 0
Community IMPERIAL BEACH County San Diego

Price History

Prior to Sep 10, '19 $2,200,000
Sep 10, '19 - Today $1,995,000

Additional Details

AREA IMPERIAL BEACH
CONSTRUCTION Stucco
EXTERIOR Wood Fence
GARAGE Garages, Spaces, Yes
HEAT Other/Remarks
LOT 0.42 acre(s)
LOT DIMENSIONS 91x201
PARKING Total Spaces: 26
STORIES 2
STYLE Apartment, Other/Remarks
ZONING R-2000
Listed with Compass

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