Active
123 Elkwood Street
Imperial Beach CA, 91932
$2,500,000
$845.45 per sqft
Active
2,957 sqft
Commercial
Built in 1960
LOCATION, LOCATION, LOCATION!!!! 111-123 Elkwood Ave is a well-maintained 5-unit craftsman property in Imperial Beach. The property is comprise of three structures including a garage with 5 parking spaces. The rents total $11,790/month. Rare opportunity to own 5 units next to the sand in Imperial Beach. The property underwent extensive capital improvements. All but one unit has been remodeled. THIS PROPERTY IS ZONED FOR AIRBNB providing an investor significant upside. It consists of a large, 2-story duplex, and a single-story triplex. The duplex consists of one 2-bed/2-bath that has in-unit washer/dryer, a private yard, an extra room, and ocean views from the second story. The other unit is a 2-bed/1-bath with two private yards, a garage, and a laundry shed. The other building is a triplex consisting of three 1-bed/1-bath units with two of them being recently renovated. The total rentable square footage for all 5-units is 2,957 square feet on a 6,929 square foot lot. The zoning is C/MU2. Feel free to walk the property but do not disturb the tenants.
CRSB25019532
MLSⓇ ID
January 28, 2025
Listed
February 12, 2025
Updated
Interior Features
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.25 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Imperial Beach
Garage
No
View
No
County
San Diego
Water Source
Public
Pool
No
Zoning
R3
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Listed by Mario Gandara with W&D Real Estate Investments
Listing Contact: 310-210-5789
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