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Coldwell Banker Realty
269 Elder Ave, Imperial Beach, CA 91932
- $1,595,000
- List Price
- $1,595,000
- Status
- ACTIVE
- MLS#
- 260025115SD
- Days on Market
- 17
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Whitewater Commercial Real Estate is pleased to present 269 Elder Avenue, a five-unit multifamily property located along the Imperial Beach coastline, just two blocks from the beach and Imperial Beach Pier. Built in 1972, the property features a mix of one- and two-bedroom units with spacious layouts, large walk-in closets, and one dedicated parking space per unit. Recent improvements include updated kitchen appliances, kitchen and bathroom finishes, vinyl flooring, and new shared laundry facilities. Offering a strong in-place cap rate, 269 Elder Avenue provides investors with immediate cash flow and additional upside through future improvements and rental growth. Its coastal location offers residents convenient access to the beach, restaurants, shops, and recreation.
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Additional Information
- Cooling
- Yes
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $139,600
- Operating Expense
- 50016
Listing courtesy of Listing Agent: Carson Trujillo (carson@whitewatercre.com) from Listing Office: Whitewater CRE Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.