Beds7
Baths6
On Site163 days
Year1965
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Robert & Joy Aumann
(858) 752-8730ASAP
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FOR SALE: 1398 Seacoast Drive Imperial Beach CA 91932 | 220024351 |$4,690,000| Call Rob (858) 752-8730 for a TOUR!
Status:
Active
Property Type:Res Income 2-4 Units
MLS #:220024351
On Site:163 Days
County:San Diego
Listing Agent/Office
Agent:Jon Palmieri
Agent Phone:619-400-7583
Office:Compass
Fully remodeled units, some with direct ocean/beach views. All new kitchen and bathrooms, some with wood floors, others with vinyl-wood flooring. New split systems for heat/AC (dual zone in Unit 2). 3 large, lockable storage spaces available but not now rented. ADDITIONAL FULLY-REMODELED STUDIO UNIT 5 (currently rented at $2,600/mo), OR COULD BE USED AS A COMMON AREA FOR TENANTS. Unit 1 sits right on beach with large, private patio and full ocean views from upstairs master bedroom. Units 2 & 3 also have direct ocean views. Tenants enjoy private, elevated sand beach area. Oversized under building owner's storage area with additional washer/dryer. Units have been popular with DOD and Traveling Nurse tenants due to beach location and proximity to South Bay Naval & Medical facilities.
Zoning allows for dividing property into a front, private beach home and rear apartments to be sold separately after remapping. Please verify to your satisfaction prior to close of escrow.
Zoning allows for dividing property into a front, private beach home and rear apartments to be sold separately after remapping. Please verify to your satisfaction prior to close of escrow.
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Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 2/15/2023 | $4,790,000 | $4,690,000 | -2.1% |
Community Information
Address:1398 Seacoast Drive, Imperial Beach, CA 91932
County:San Diego
City:Imperial Beach
Area (MLS Code):South Bay
Subdivision:South Seacoast Drive
Zip Code:91932
Community:IMPERIAL BEACH
Complex:1398 Seacoast
Architecture
Bedrooms:
7
Bathrooms:
6
Year Built:1965
Stories:2
Exterior: Block, Wood/Stucco
Total Stories: 2
Unit 1: 2 beds, 2 baths. Rent: $5900.0
Unit 2: 3 beds, 2 baths. Rent: $5500.0
Unit 3: 1 bed, 1 bath. Rent: $3900.0
Unit 4: 1 bed, 1 bath. Rent: $3600.0
Roof: Rolled/Hot Mop
Features / Amenities
Pets Allowed: Yes
View: Ocean
Cooling: Zoned Area(s)
Heating: Floor Furnace
Heat Source: Electric, Natural Gas
Water Heater: Gas
Rooms
| Dimensions | |
| Master | |
| Bedroom 2 | |
| Bedroom 3 | |
| Bedroom 4 | |
| Bedroom 5 | |
| Breakfast Area | |
| Dining Room | |
| Kitchen | |
| Living Room | |
| Family Room | |
| Extra Room 1 | |
| Extra Room 2 | |
| Extra Room 3 |
Property Features
Lot Dimensions:4,000-7,499 SF
Frontage: Ocean/Sand
Complex Features: Beach Rights, Laundry Facilities
Water: Meter on Property
Sewer: Sewer Connected
Fencing: Partial
Directions:Imperial Beach Blvd west to Seacoast Dr. Seacoast Dr south to property.
Tax and Financial Info
Gross Sched Income Actual: $247, 100
Annual Expense Actual: $37, 679
Other Income Actual: $100
Other Income Projected: $7, 200
Cap Rate Actual: $3.62
Terms: Cash, Exchange
Monthly Total Fees: $30
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1398 Seacoast Drive Imperial Beach, CA 91932
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