231-47 Elm Avenue

Imperial Beach, CA 91932

$3,011,500
Last Sold Price
4
Beds
3.5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

We are pleased to present Elm Villas, a charming rental community located in the coastal area of Imperial Beach, California. The offering presents real estate investors the opportunity to acquire a pride-of-ownership coastal real estate asset in one of San Diego’s most up-and-coming coastal communities. The Property consists of 8 units, resting on approximately 9,680 square feet of land. Originally constructed in the 1980, the Property is well-maintained and managed by the long-term current ownership....We are pleased to present Elm Villas, a charming rental community located in the coastal area of Imperial Beach, California. The offering presents real estate investors the opportunity to acquire a pride-of-ownership coastal real estate asset in one of San Diego’s most up-and-coming coastal communities. The Property consists of 8 units, resting on approximately 9,680 square feet of land. Originally constructed in the 1980, the Property is well-maintained and managed by the long-term current ownership. The Property is comprised of three (3) two-bedroom / one and half-bath two-story townhomes with ocean view balconies and both front and back patio areas, one (1) large two-bedroom / one-bath unit with L-shape ocean view balcony, four (4) studios situated over six (6) individual garages. The Property provides tenants with ample assigned off-street parking totaling eight (8) spaces, excluding garages, charming front courtyards, and one (1) on-site laundry facility. Four (4) of the eight (8) units have been nicely upgraded with – newer cabinets, granite countertops, stainless steel appliances including – refrigerators, fixtures, and sinks.
  1. Listed by Nick Trejo • DRE #02015892 • Acre Investment Real Estate

Property Details for 231-47 Elm Avenue

City Postal ID
IMPERIAL BEACH (91932)

Location

Listing Courtesy of Acre Investment Real Estate, Nick Trejo, DRE #02015892

Sold By Acre Investment Real Estate, Nick Trejo, DRE #02015892

Add your commute
LISTING UPDATED: 04/14/2023 03:50 PM

Property Details for 231-47 Elm Avenue

StatusSold
MLS #220027029
Days on Market77
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.22 AC / 9,680 SF
CountySan Diego County

Location

Listing Courtesy of Acre Investment Real Estate, Nick Trejo, DRE #02015892

Sold By Acre Investment Real Estate, Nick Trejo, DRE #02015892

Add your commute

Building Information for 231-47 Elm Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.22 AC / 9,680 SF

Payment Calculator

$16,435 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,435

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 231-47 Elm Avenue

Summary Information
Property and Location
  • System ID: 220027029
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 231
  • Street Name: Elm Avenue
  • Market Area: South Bay
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: .25 Acres or less
  • Assessors Parcel Num: 625-361-24-00
Multi Family Information
Unit 1
  • Unit Rent: 1135
  • Unit Rent Total: $4,540
  • Unit 1 Number of Bedrooms: 0
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit Rent: 2050
  • Unit Rent Total: $2,050
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Bathrooms: 1
Unit 3
  • Unit Rent: 1917
  • Unit Rent Total: $5,750
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Number of Bathrooms: 2
Building Details
  • Age: 1980
  • Have: Apartments
  • Motive/Want: 1031 Exchange
  • SqFt of Improvement: 5,910

Property History for 231-47 Elm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 231-47 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 Acre Investment Real Estate, Nick Trejo, DRE #02015892

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