1398 Seacoast DriveImperial Beach, CA 91932 View Map $4,690,000 Schedule a Tour
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Robert & Joy Aumann(858) 752-8730
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FOR SALE: 1398 Seacoast Drive Imperial Beach CA 91932 | 220017358 |$4,690,000| Call Rob (858) 752-8730 for a TOUR!
Property Type:Com-Res Income
On Site:5 Days
Lot Size:0.11 Acres
Completely remodeled and upgraded beachfront complex in Imperial Beach, one of San Diego Counties fastest appreciating markets. Most units have ocean views, all enjoy private beach area. Rear of property has panoramic views of Tijuana Estuary. Benefit from high income and beachfront-level appreciation. Combination of Studio, 1, 2 and 3 bedroom configurations. Four storage areas that can be rented for additional income. High demand for remodeled rentals near beach due to new multi-billion dollar Navy Seal facility. New kitchens and baths in all units, new wood or vinyl-wood flooring in all units. Upgraded electric and plumbing. New windows, appliances, and A/C-Heat. Property could also be redeveloped as a private beachfront home while retaining three of the existing rental units.
$000 Monthly Payment
Loan and interest only.
Address:1398 Seacoast Drive, Imperial Beach, CA 91932
Area (MLS Code):South Bay
Features / Amenities
Features: Block Fence, Part Fenced, Wood Fence
Heating: Floor Furnace, Heat Pump
|Extra Room 1|
|Extra Room 2|
|Extra Room 3|
Lot Size: 0.11 Acres
Lot Dimensions:.25 Acres or less
Directions:I-5 South to Coronado Blvd, West to Imperial Beach Blvd, South on Seacoast Drive to property.
Tax and Financial Info
Other Income Projected: $7, 200
Cap Rate Actual: $3.62
Gross Income: $247, 100
Actual Operating Expense: $49, 779
Actual Gross Schd Income: $259, 200
Terms: Cash, Cash to New Loan, Exchange Down, Exchange Up
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1398 Seacoast Drive Imperial Beach, CA 91932
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