$1,499,000
Pending

204 Evergreen Ave

Imperial Beach, CA 91932
0.11 acres | #240021357SD
Listing OfficeStarker West, Inc.
Browse 58 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

PRICE IMPROVEMENT -- Discover a rare chance to own a prime multifamily property just steps from the ocean in Imperial Beach. This versatile asset features a well-appointed 2BD/1BA house, alongside a 2-story building that contains a 1BD/1BA unit on the first floor and a studio unit on the second floor – offering a desirable mix of rental opportunities. All three units have access to a common area washer and dryer. Situated at the corner of Evergreen Ave. and 2nd Street, this property is a straight shot to the iconic Imperial Beach pier, with shops and restaurants just a short walk away. Perfect for owner-occupants: live in one unit and rent out the other two. Each building boasts its own detached garage, offering additional storage or the potential for ADU conversions to expand your investment. Positioned for significant rental income growth, thanks to its unbeatable proximity to the beach, vibrant dining, shopping, and an array of coastal activities. Don't miss out on this rare opportunity to invest in a property that seamlessly blends immediate rental income with the coveted beachside lifestyle.

  • Property Details
      • Property SubtypeResidentialIncome
      • SubdivisionImperial Beach
      • Property TypeMulti-Family
      • MLS #240021357SD
      • MLS #240021357SD
      • Original List Price$1,549,000
      • CountySan Diego
      • Cost1499000
      • Acres0.1095
      • Year Built1965
      • Stories2

Location

Gary ElminoufiReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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