645-655 Seacoast DrImperial Beach, CA 91932 View Map $2,400,000 Schedule a Tour
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Robert & Joy Aumann(858) 752-8730
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FOR SALE: 645-655 Seacoast Dr Imperial Beach CA 91932 | 230000994 |$2,400,000| Call Rob (858) 752-8730 for a TOUR!
Property Type:Com-Res Income
On Site:11 Days
Lot Size:0.19 Acres
Office:Big Block Realty, Inc.
Presenting 645-649 Seacoast Drive & 645-649 Seacoast Drive. A six-unit property located across the street from the Beach in the highly desired coastal community of Imperial Beach. This sale consists of two parcels totaling 8,277 sqft at the north end of Seacoast Drive. The property has excellent development and upside potential. Located within the R-1500 High-Density zoning, and features alley access, giving multiple development options. Or, upgrade the units with high-end finishes for over a 55% potential upside in rents. There are six (6) 1 bedroom, 1 bath units, each with its own fenced yard, totaling approximately 2,640 sqft of rentable square footage. The property also includes six (6) off-street parking spaces. This property offers a rare opportunity to buy in one of San Diego's most up-and-coming coastal communities.
$000 Monthly Payment
Loan and interest only.
Address:645-655 Seacoast Dr, Imperial Beach, CA 91932
Area (MLS Code):South Bay
Features / Amenities
Features: Cable Available, Part Fenced, Part Landscaped, Wood Fence
|Extra Room 1|
|Extra Room 2|
|Extra Room 3|
Lot Size: 0.19 Acres
Lot Dimensions:.25 Acres or less
Directions:From 5 5wy: Exit CA-75/Palm Ave & go West. Slight left onto Palm Ave. Right onto Seacoast Dr. Property is on right.
Tax and Financial Info
Gross Sched Income Projected: $151, 200
Cap Rate Actual: $2.96
Cap Rate Projected: $4.10
Gross Income: $81, 600
Actual Operating Expense: $27, 975
Actual Gross Schd Income: $99, 000
Tenant Pays: Electricity, Gas
Terms: Cash, Cash to New Loan, Submit
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645-655 Seacoast Dr Imperial Beach, CA 91932
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