$1,100,000

595 7th Street

Imperial Beach CA, 91932

Description

Dont miss this incredible investment opportunity in IB! On a 6,534 sq. ft. lot, this 2-story property features four separate 2 Bed/1.5 Bath units. With FHA rates as low as 3.5% down for owner occupied, savvy buyer could live in one and have rent from 3 others to support purchase! Units boast patios, washer/dryer hookups & 8 tenant parking spots. Spacious storage room can easily be repurposed into laundry room. With stabilized cash flow, this property is a solid start for anyones investment portfolio! *Max FHA loan 4 units. Perfect income opportunity for the burgeoning investor! While in need of some upgrades, this tenant-occupied property allows for buyer to see immediate return. Only blocks away from both the San Diego Bay and Imperial Beach beachfront, this property offers walkability to schools, shopping centers and public transportation. Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Unit # for Unit 4: D Number of Furnished Units: 0 Topography: LL

Details

MLS#200051012
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1965
Days On Site17

Features

Units4
Building(s)1

Market Activity 91932

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Area Information
StateCA
CountySan Diego
CityImperial Beach
Zip Code91932
Area91932 - Imperial Beach91932 - Imperial Beach
Listing VS Median (in 91932)
Price:
$1,100,000
low | high
Med:
$689,900
87.281818181818% of Average
On Site:
17
low | high
Med:
26
65.384615384615% of Average
Listing Updated: November 22, 2020 11:26:47 PM PST
Gregg Neuman LogoMLS Number: 200051012
Listing Provided By:
Gregg Neuman  of  Berkshire Hathaway HomeService
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.