Mission Hills
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Contact:Shawn Dooley
CA Real Estate License: 01127415
Mission Hills
Direct Line:(619) 540-2333
Fax:(619) 688-1170

Contact:Jim Dax
CA Real Estate License: 00764930
North Park
Mobile:(619) 840-0899
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Description: This 6-unit apartment building conists of 5,546 rentable square feet and is situatied on an 18,000+ foot lot. Features include 11 garages, 4 storge units, 15 open parking spaces. and onsite laundry. Zoning allows for 8 units, allowing develoment potential by removing the front house and building 3 townhomes in its place. The unit mix consists of (1) 4 Bed/3 bath house, (1) 3 bed/2.5 bath, and (4) 2 bed/1 bath units. Garages and storage units rent separtely for added income. Imperial Beach is in high demand! These low maintenance units offer a 5.27 CAP Rate with upside potential. A rare opportunity for the savvy investor or owner/user!
Property Type:
Commercial
Property Sub-Type:
APARTMENT/5+ UNITS
Area:
IMPERIAL BEACH (91932)
Age:
1980
County:
San Diego
Lot Dimensions:
91x201
Total Buildings:
4
Lot Square Feet:
18096
Cooling:
Other
Exterior:
None
Heat:
Wall
Roof:
Composition
Zoning:
R-2000
Virtual Tour: 1164-1166 Ivy Lane
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Listing Provided By:
ASCENT REAL ESTATE, INC.