1022 Elm Avenue

Imperial Beach, CA 91932

$1,725,000
Last Sold Price
10
Beds
9
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Opportunity to own 3 units on 1 property on a corner lot location, only 1.3 miles from the beach! Live in 1 and rent the others or rent all 3. All units have their own utilities, their own patios and front yards! Potential to re-zone to individual homes with separate APN's. All units are tenant occupied. Original blueprints of homes are available. Addresses: 1022 Elm Ave, 1024 Elm Ave & 1026 Elm Ave. Seller will entertain $1.6M - $1.7MOpportunity to own 3 units on 1 property on a corner lot location, only 1.3 miles from the beach! Live in 1 and rent the others or rent all 3. All units have their own utilities, their own patios and front yards! Potential to re-zone to individual homes with separate APN's. All units are tenant occupied. Original blueprints of homes are available. Addresses: 1022 Elm Ave, 1024 Elm Ave & 1026 Elm Ave. Seller will entertain $1.6M - $1.7M
  1. Listed by Ashraf Salim • DRE #01881515 • Brokerage DRE #01881515 • SDpremier

Property Details for 1022 Elm Avenue

Zoning
R-2:MINOR
Cross Streets
11th St
Source Living Area
Plans
Area
Imperial Beach (IMB)
Lot Size Area
9650
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly

Location

Listing Courtesy of SDpremier, Ashraf Salim, DRE #01881515

Sold By Premier Realty Associates, Jeff Summit, DRE #01161511

Add your commute
LISTING UPDATED: 06/27/2022 06:02 PM

Property Details for 1022 Elm Avenue

StatusSold
MLS #210005756SD
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2012
Lot Size0.22 AC / 9,650 SF
CountySan Diego County

Location

Listing Courtesy of SDpremier, Ashraf Salim, DRE #01881515

Sold By Premier Realty Associates, Jeff Summit, DRE #01161511

Add your commute

Building Information for 1022 Elm Avenue

Stories2Residences-Year Built2012Building Size-Lot Size0.22 AC / 9,650 SF

Payment Calculator

$9,414 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,414

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1022 Elm Avenue

Community / Development
Community / Development
  • Complex Name: n/a
  • Number Of Units: 3
  • Builders Tract Name: Imperial Beach
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: Conventional
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $.00
  • Gross Scheduled Income: $87,588
  • Cap Rate: .00%
  • Gross Rent Multiplier: $18.27
  • Other Income1: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.22
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: None
Exterior Features
Exterior Features
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, Exchange, FHA, VA
  • Tenant Pays: Electricity, Gas/Propane, Hot Water, Trash Collection, Water
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Rent: $2,409.00
  • Unit Actual Rent: $2,409.00
  • Unit Projected Rent: $2,529.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,619.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Rent: $2,395.00
  • Unit Actual Rent: $2,395.00
  • Unit Projected Rent: $2,514.00
  • Like Units: 1

Schools near 1022 Elm Avenue

This home is within Sweetwater Union High School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 7 to 8
Public - 9 to 12
Public - 7 to 10
Rating
School
Distance
Imperial Beach Charter School
CharterK to 8

Mar Vista Academy
Public7 to 8

Mar Vista Senior High School
Public9 to 12

Sweetwater Community Day School
Public7 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of SDpremier, Ashraf Salim, DRE #01881515

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