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

Listed by Mario Gandara with W&D Real Estate Investments
Listing Contact: 310-210-5789 

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