CA > Imperial Beach
Imperial Beach, CA 91932,481 Palm Ave
Imperial Beach, CA 91932,481 Palm Ave
Imperial Beach, CA 91932,481 Palm Ave
14
See all 14 photos
$4,000,000
Est. payment /mo
Save Video Tour
0.28 Acres Lot
Active

481 Palm Ave Imperial Beach, CA 91932

Save Video Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
19
May
Tue
20
May
Wed
21
May
Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250024667

Lot Size 0.285 Acres

Property Description

Offered for sale is a ten-unit residential income property located in the coastal community of Imperial Beach. This opportunity offers a desirable coastal location, preferred unit mix of all two-bedroom units, upgraded property, rent increase potential, recorded condo map, and attractive assumable financing. Residents enjoy convenient access to the beach, restaurants, shopping and local amenities. The neighborhood is a fun bikeable community with flat surface streets, beach vibes and the Bayshore Bike path that circles San Diego Bay. Imperial Beach is known for surfing and volleyball with a casual beach scene and year-round mild weather. Further, Imperial Beach has enjoyed rapid rent and value appreciation due to the military impact on this submarket. The Navy Seal training center at Silver Strand has expanded, bringing more employment and housing demand in addition to the Naval Outlying Landing Field Imperial Beach and other naval facilities in the submarket. The property offers an easy to maintain income property with many upgrades. The property has vinyl windows, six panel exterior doors, modern texture walls, washer/dryers in unit, individual water heaters, vinyl plank floors, upgraded appliances, granite countertops, 10 parking spaces, and ample off-street parking. The property has a recorded condo map and has increased value sold as condominiums. Finally, there is an existing assumable loan on the property at 3.06% fixed until November of 2026 with monthly interest only payments. Please drive by the property discreetly without disturbing the tenants or management.

Location

State CA

County San Diego

Area Imperial Beach (91932)

Exterior

Total Parking Spaces 10

Building

Story 2

Others

Space Rent $255,480

San Diego Regional MLS (SDMLS)
Listed by Ray Adams • Ray Adams Investment Real Estate Inc

GET MORE INFORMATION

agent

Jesse Ibanez

Agent | License ID: 01405643

+1(858) 337-2796

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The GreenHouse Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

481 Palm Ave

QUICK SEARCH
There are 22 quick searches