306-308 Elm Avenue

Imperial Beach, CA 91932

$1,955,400
Last Sold Price
8
Beds
4
Baths
2,784 Sq. Ft.
$702 / Sq. Ft.
2,784
Sq. Ft.
$702
per Sq. Ft.

Description

Only 2 Blocks from the beach! Situated on the corner of 3rd Street and Elm Avenue, this corner lot totals .27 acres. This sale consists of two parcels being sold together - 306-308 Elm Ave and 861-865 3rd St. The property consists of two duplexes, for a total of four (4) units. Each unit is 2 bedrooms, 1 bath, and approximately 692 square feet. In addition to the 4 units, there are two (2), 2-car detached garages that provide an excellent opprotunity to convert to ADUs, and each unit has its own...Only 2 Blocks from the beach! Situated on the corner of 3rd Street and Elm Avenue, this corner lot totals .27 acres. This sale consists of two parcels being sold together - 306-308 Elm Ave and 861-865 3rd St. The property consists of two duplexes, for a total of four (4) units. Each unit is 2 bedrooms, 1 bath, and approximately 692 square feet. In addition to the 4 units, there are two (2), 2-car detached garages that provide an excellent opprotunity to convert to ADUs, and each unit has its own fenced yard. The units can be upgraded to higher-end finishes, providing over a 40% potential upside in rents. This property offers a rare opportunity to own a large corner lot only 2-blocks from the beach in one of San Diego's most up-and-coming coastal communities.
  1. Listed by Glen Henderson • DRE #01384181 • Brokerage DRE #01885775 • Big Block Realty, Inc.

Property Details for 306-308 Elm Avenue

Area
91932 - Imperial Beach
Neighborhood
Imperial Beach
Community
IMPERIAL BEACH
View Description
City
City Postal ID
IMPERIAL BEACH (91932)
Cross Street(s)
3rd Street

Location

Listing Courtesy of Big Block Realty, Inc., Glen Henderson, DRE #01384181

Sold By Coronado Island Realty, Kate Gillingham Milke, DRE #01782461

Add your commute
LISTING UPDATED: 05/16/2023 04:53 PM

Property Details for 306-308 Elm Avenue

StatusSold
MLS #230003954
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.27 AC / 11,761 SF
CountySan Diego County

Location

Listing Courtesy of Big Block Realty, Inc., Glen Henderson, DRE #01384181

Sold By Coronado Island Realty, Kate Gillingham Milke, DRE #01782461

Add your commute

Building Information for 306-308 Elm Avenue

Stories1Residences-Year Built1951Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$10,878 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,671

Property Taxes

$207

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 306-308 Elm Avenue

Summary Information
Property and Location
  • System ID: 230003954
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Year Built: 1951
  • Street Number Numeric: 306
  • Street Name: Elm Ave
  • Map Coordinates: 1329F7
  • Complex Features: N/K
  • Age Restrictions: N/K
  • Market Area: South Bay
  • Jurisdiction: Incorporated
  • Directions To Property: From 5 5wy: Exit CA-75/Palm Ave & go West. Turn left onto Palm Ave. Left onto 4th St. Right on Elm. Property is on right.
  • Telecommunications: Cable (coaxial)
Parking
  • Parking for RV: None Known
HOA and Fees
  • Home Owner Fees: $0
  • Home Owners Fee Includes: N/K
  • Home Owner Fee Reflects: None Known
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • CFD/Mello-Roos Fee Reflct: None Known
  • Other Fees: $0
  • Other Fee Type: N/K
  • Other Fees Reflect: None Known
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
  • Num of Units w/Cooling: 0
  • Cooling: None
  • Heat Equipment: Wall/Gravity
  • Water Heater Type: Gas
  • Heat Source: Electric
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: Partial
  • Security: N/K
  • Pool: N/K
  • Pool Heat: None Known
  • Spa Heat: None Known
Property Information
Property and Assessments
  • Total Stories: 1
  • Pets: Yes
  • Entry Only: No
  • Lot Size: .25 to .5 AC
  • Lot Size Source: Assessor Record
  • Frontage: N/K
  • Additional Property Use: N/K
  • Boat Facilities: No/Unknown
  • Topography: Level
  • Site: Corner Lot, Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Zoning: R-1:SINGLE
  • Complex/Park: N/A
  • Assessments: N/K
  • Assessors Parcel Num: 625-293-23-00
  • Miscellaneous: N/K
Utilities
  • Water: Meter on Property
  • Water District: CALIFORNIA AMERICAN
  • Sewer/Septic: Sewer Connected
  • Irrigation: N/K
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 306
  • Parking Garage Unit 1: Assigned, Detached
  • Parking Non-Garage Unit 1: Assigned
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $2,500
  • Unit 1 Estimated SqFt: 696
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: No
  • Unit 1 Occupied: Tenant
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: $2,600
  • Unit 1 Rent Actual: $2,200
Unit 2
  • Unit Num for Unit 2: 308
  • Parking Garage Unit 2: Assigned, Detached
  • Parking Non-Garage Unit 2: Assigned
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $1,700
  • Unit 2 Estimated SqFt: 696
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: No
  • Unit 2 Occupied: Tenant
  • Unit 2 Prkng Garage Space: 1
  • Unit 2 Projected Rent: $2,600
  • Unit 2 Rent Actual: $1,700
Unit 3
  • Unit Num for Unit 3: 861
  • Parking Garage Unit 3: Assigned, Detached
  • Parking Non-Garage Unit 3: Assigned
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $1,850
  • Unit 3 Estimated SqFt: 696
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 3 Laundry Hook Ups: No
  • Unit 3 Occupied: Tenant
  • Unit 3 Prkng Garage Space: 1
  • Unit 3 Projected Rent: $2,600
  • Unit 3 Rent Actual: $1,850
Unit 4
  • Unit Num for Unit 4: 865
  • Parking Garage Unit 4: Assigned, Detached
  • Parking Non-Garage Unit 4: Assigned
  • Unit 4 Num of Bedrooms: 2
  • Unit 4 Num of Total Baths: 1
  • Unit 4 Deposit: $800
  • Unit 4 Estimated SqFt: 696
  • Unit 4 Exclusive Use Yard: Yes
  • Unit 4 Laundry Hook Ups: No
  • Unit 4 Occupied: Tenant
  • Unit 4 Prkng Garage Space: 1
  • Unit 4 Projected Rent: $2,600
  • Unit 4 Rent Actual: $1,600
Building Details
  • Heating: Electric

Property History for 306-308 Elm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 306-308 Elm Avenue

Taxable ValueLand$69,655Additions$83,584Total$153,239
Tax Record2020$2,483 ($207 / month)
Home Facts
Total Finished SqFt1,392 SqFtAbove Grade Finished SqFt1,392 SqFtStyleDuplexYear Built1951Year Renovated1951ZoningR1CountySAN DIEGOAPN6252932300

Schools near 306-308 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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Big Block Realty, Inc., Glen Henderson, DRE #01384181

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