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

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,715,000
Est. payment /mo
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Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Subdivision Imperial Beach

MLS Listing ID 250031120SD

HOA Y/N No

Year Built 1978

Property Description

We are thrilled to present for sale the Six (6) Unit apartment property at 637 10th Street, in the Dolphin Bay area of Imperial Beach, within close proximity to the Bayshore Bikeway, and easy access to several neighborhood shopping centers and Silver Strand. There are: Four (4) spacious 1-bedroom/1-bathroom units; and Two (2) large 3-bedroom/2-bathroom units. Select units have private outdoor areas, and/or have been upgraded with vinyl plank flooring and updated kitchens and bathrooms. The property is on a corner lot and boasts eleven (11) surface off-street parking spaces, as well as a separate laundry room on-site. Pricing reflects a low $446/SF of rentable building area, suggesting good upside via continued modernization efforts, sufficient to justify upper end market rents for the immediate area. Built of wood frame construction upon a concrete on grade foundation, with 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 ceiling fans/light fixtures, radiant heat, and standard appliance packages. An opportunity exists to modernize the apartments with higher quality finishes, fixtures and appliances, sufficient to justify upper end rents for the area, in line with upgraded units nearby. Owned by the same family for around 20 years, this is a rare opportunity with upside in the desirable northerly Dolphin Bay area of IB, near the Bayshore Bikeway and Silver Strand. Close proximity to the beach and its ever improving dining/brewery/retail scene is also a plus!

Location

State CA

County San Diego

Area 91932 - Imperial Beach

Building/Complex Name NA

Interior

Heating Radiant, See Remarks

Cooling See Remarks

Fireplace No

Appliance Gas Water Heater

Exterior

Fence Partial

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 6262222700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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CRMLS – RECore
Listed by Joseph Burrough Palma Commercial

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