1240-70 Holly Avenue, Imperial Beach, CA 91932
1240-70 Holly Avenue, Imperial Beach, CA 91932
1240-70 Holly Avenue, Imperial Beach, CA 91932
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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353
$2,600,000
Est. payment /mo
10 Beds
4 Baths
0.67 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2608136

Bedrooms 10

Lot Size 0.670 Acres

Lot Dimensions 134' x 122' x 1

Property Sub-Type Res Income 2-4 Units

Property Description

12401270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diegos southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet e

Location

State CA

County San Diego

Zoning Appraiser

Direction Please use GPS

Interior

Fireplace No

Exterior

Fence Cross Fencing, Partial

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6331506200

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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MLS Router / San Diego MLS
Listed by Thomas Rico, DRE#01198997 Berkshire Hathaway HomeService 

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1240-70 Holly Avenue