x
Price Reduction
Address
1164-66 Ivy Lane Imperial Beach, CA
Price
$ 1,995,000
Property Attributes
  • MLS#190043044
  • TypeIncome
  • CountySAN DIEGO
  • CityImperial Beach
  • AreaSouth Bay
  • NeighborhoodSouth Bay
  • Zip91932
  • Style
  • Taxes11702
  • Price$ 1,995,000
  • Bedrooms15
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage5546
  • Lot Size0.42 Acres
Listing Provided Courtesy Of:
Compass
Property Description

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.

Price History
8/2/2019 Listed $2,200,000
9/10/2019 10% - $1,995,000

General Features

# Of Units (1) 1
# Of Units (2) 1
# Of Units (3) 1
# Of Units (4) 1
# Of Units (5) 1
# Of Units (6) 1
Construction Stucco
Sale/rent For Sale
Stories 1 Story, 2 Story
Tenant Pays Electric Yes
Tenant Pays Gas Yes
Tenant Pays Water Yes
Terms Cash, Cash to New Loan
Total Units 6
Unit Type Apartment, Other/Remarks
Zoning R-2000

Interior Features

# Of Units W/disposals 6
# Of Units W/ranges 6
# Of Units W/refrigerator 6
Baths in Unit 1 3
Baths in Unit 2 2.5
Baths in Unit 3 1
Baths in Unit 4 1
Baths in Unit 5 1
Baths in Unit 6 1
Bedrooms in Unit 1 4
Bedrooms in Unit 2 3
Bedrooms in Unit 3 2
Bedrooms in Unit 4 2
Bedrooms in Unit 5 2
Bedrooms in Unit 6 2
Heating Other/Remarks
Laundry Owned
Unit Furnished (1) n
Unit Furnished (3) n
Unit Furnished (4) n
Unit Furnished (5) n
Unit Furnished (6) n
Units w/Dishwashers 6

Exterior Features

Exterior Wood Fence
Lot Dimensions 91x201
Lot Size Area .25 Acres or less
Number of Buildings 4
Parking Garages, Spaces
Roof Composition
Total Parking 26

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91932

Price
AVG $1.85M
$2M
Taxes
AVG $900
$11,702
Visits
AVG 17
29
Walkscore
AVG 67
68
Data Provided by Walkscore ® not using MLS data

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