553 - 557 Silver Strand

Imperial Beach, CA 91932 View Map $1,295,000 Schedule a Showing
Beds4
Baths4
On Site184 days
Year1941
Joy Bender

Joy Bender

(760) 212-2717
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Status: Pending
Listing Office:Exp Realty Of California Inc
Property Type:Res Income 2-4 Units
MLS #:190046223
On Site:184 Days
Lot Size:N/A
County:San Diego
Fabulous income producing property located just 3 blocks from the beach adjacent to the new Navy SEAL base! This 4 unit complex features spacious & fully renovated 550 sq ft 1 bed, 1 bath units each that include their own laundry. The property has a 2nd floor deck shared by the two upper units, below is a patio for the lower two units. The $1 Billion Navy SEAL base will relocate 3,300 individuals & families to IB in 2020. Each of the 3,300 individuals receive BAH basic housing from $1,900-$3,400 per month

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:553 - 557 Silver Strand Imperial Beach, CA 91932
County:San Diego
City:Imperial Beach
Area (MLS Code):South Bay
Subdivision:Imperial Beach
Zip Code:91932
Community:IMPERIAL BEACH

Architecture

Bedrooms: 4
Bathrooms: 4
Year Built:1941
Stories:2
Exterior: Stucco
Total Stories: 2
Unit 1: 1 bed, 1 bath. Rent: $1700
Unit 2: 1 bed, 1 bath. Rent: $1700
Unit 3: 1 bed, 1 bath. Rent: $1700
Unit 4: 1 bed, 1 bath. Rent: $1700
Roof: Composition

Features / Amenities

Cooling: Wall/Window

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
Water: Meter on Property
Sewer: Sewer Connected
Fencing: Full

Tax and Financial Info

Gross Sched Income Actual: $74, 400
Gross Sched Income Projected: $81, 600
Annual Expense Actual: $15, 866
Annual Expense Projected: $15, 866
Cap Rate Actual: $4
Cap Rate Projected: $5
Terms: Cash, Conventional, FHA, VA

Schools

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553 - 557 Silver Strand Imperial Beach, CA 91932
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553 - 557 Silver Strand Imperial Beach, CA 91932
 
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Listing Information Last Updated 2/18/2020
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Listing information last updated on February 18, 2020 8:30 AM PST.