CA > Imperial Beach
Imperial Beach, CA 91932,637 10th Street
Imperial Beach, CA 91932,637 10th Street
Imperial Beach, CA 91932,637 10th Street
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,775,000
Est. payment /mo
7,505 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250023061SD

HOA Y/N No

Lot Size 7,505 Sqft

Property Sub-Type Mixed Use

Property Description

It is an honor to present for sale the six (6) unit apartment property at 637 10th Street, in the northerly Dolphin Bay area of Imperial Beach, close to the Bayshore Bikeway and several retail centers. The unit mix consists of: Four (4) one-bedroom/one-bathroom units and Two (2) three-bedroom/two-bathroom units, several of which have private patios/balconies and/or have been updated with vinyl plank flooring. Units are spacious, and the property has a total of eleven (11) surface off-street parking spaces, as well as a laundry room on-site. Pricing reflects a low $446/SF of RBA, suggesting good upside potential via modernization of these generously sized units. Built of wood-frame construction upon a concrete slab foundation with a flat roof and stucco exterior, apartments all have screen doors and aluminum frame windows. The apartment building is separately metered for electricity and master metered for gas. Inside, the units have radiant heat and a standard appliance packages. An opportunity exists to modernize the apartments with higher-end finishes, fixtures and appliances, sufficient to justify higher rents and overall improved operations, in line with upgraded multifamily units in the immediate area. Owned by the same family for around 20 years, this is a rare opportunity with upside in the desirable northerly (Dolphin Bay) section of Imperial Beach, near the Bayshore Bikeway, providing easy access to Silver Strand and Coronado beaches. Good proximity to the beach (11 blocks) and its vibrant retail scene, with a unique array of breweries and restaurants.

Location

State CA

County San Diego

Area 91932 - Imperial Beach

Interior

Heating Radiant

Fireplace No

Exterior

Roof Type Tar/Gravel

Total Parking Spaces 11

Others

Tax ID 6262222700

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Read Less Info
CRMLS – RECore
Listed by Joseph Burrough Palma Commercial

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