Listing provided courtesy of Gina Barnes of Compass. Last updated 2020-09-05 09:20:36.000000. Listing information © 2020 SANDICOR, Inc.
Asking Price: $1,895,000
1164-66 Ivy Lane, Imperial Beach CA 91932
Community: South Bay
This Com-Res Income property was built in and is priced at $1,895,000. Please see the additional details below.
- 0 Sq Ft
- 3 bathrooms
- 4 bedrooms
- MLS#: 200038610
- Type: Com-Res Income
- Year Built:
Developers added value, room to add more units. 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 6.2 CAP rate and upside potential. This is a great opportunity to own units near the ocean. 3 of the units have yard areas, great mix and easy to rent. See Available brochure.