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613 615 Florence Street

Imperial Beach, CA 91932
  • $2,249,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 250020434SD
UPDATED: 69 min ago
$2,249,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Listing Agent(s): James Carter of Apartment Realty Group (ARG) (619-222-9500)


Description

Remodeled House + 4 Units in Imperial Beach, the front house is a 3Bedroom/2Bathroom House (1,200sf) with a private back and side-yard and in-unit laundry. The rear building consists of four (4) spacious 1Bedroom/1Bathroom units. This is a fantastic opportunity to purchase an extremely well-located and completely remodeled 5-unit apartment community. There is ample onsite parking and the rear building has a laundry room. The property has been remodeled top-to-bottom and offers an investor a turnkey asset with strong in-place rents.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T22:34:25.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161055435
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613 615 Florence Street Imperial Beach, CA 91932

  • Price: $2,249,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 69 min ago
  • ID#: 250020434SD
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1980
Built
Neighborhood:
Imperial Beach
County:
San Diego
Area:
91932 - Imperial Beach
Property Description
Remodeled House + 4 Units in Imperial Beach, the front house is a 3Bedroom/2Bathroom House (1,200sf) with a private back and side-yard and in-unit laundry. The rear building consists of four (4) spacious 1Bedroom/1Bathroom units. This is a fantastic opportunity to purchase an extremely well-located and completely remodeled 5-unit apartment community. There is ample onsite parking and the rear building has a laundry room. The property has been remodeled top-to-bottom and offers an investor a turnkey asset with strong in-place rents.
Exterior Features

Parking Total 0 Roof Composition Spa YN No View YN No

Interior Features

Cooling See Remarks Cooling YN Yes Heating YN Yes

Property Features

Association Fee 0 Cap Rate 5.71 Gross Scheduled Income 181140 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 128388 Senior Community YN No Tenant Pays See Remarks Zoning C/MU-1



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T22:34:25.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): James Carter of Apartment Realty Group (ARG) (619-222-9500)