1164-1166 Ivy Lane, Imperial Beach, 91932

Commercial - Com-Res Income For Sale

$2,200,000

Beds
Baths
Sqft
.42Acres
Built
95DOM
MLS® #: 180039690
ACTIVE, 95 Days on Market

This 6-unit apartment building conists of 5,546 rentable square feet and is situatied on an 18,000+ foot lot. Features include 11 garages, 4 storge units, 15 open parking spaces. and onsite laundry. Zoning allows for 8 units, allowing develoment potential by removing the front house and building 3 townhomes in its place. The unit mix consists of (1) 4 Bed/3 bath house, (1) 3 bed/2.5 bath, and (4) 2 bed/1 bath units. Garages and storage units rent separtely for added income. Imperial Beach is in high demand! These low maintenance units offer a 5.27 CAP Rate with upside potential. A rare opportunity for the savvy investor or owner/user!

Essential Information

MLS® #: 180039690
Price: $2,200,000
Acres: 0.42
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 1164-1166 Ivy Lane
Area: IMPERIAL BEACH (91932)
City: Imperial Beach
County: San Diego
State: CA
Zip Code: 91932

Amenities

Amenities: None
Parking Spaces: 26
Parking: Garages, Spaces

Interior

Heating: Wall
Cooling: Other
# of Stories: 2
Stories: 2 Story

Exterior

Exterior: None
Roof: Composition
Construction: Stucco

Additional Information

Date Listed: July 17th, 2018
Days on Market: 95
Zoning: R-2000

Listing Details

Listing Office: Ascent Real Estate, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further.

All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.

Listing information last updated on October 23rd, 2018 at 12:00am PDT.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further.

All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.

Listing information last updated on October 23rd, 2018 at 12:00am PDT.