The Bove Group

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1661 Elm Avenue, Imperial Beach, CA, 91932

Sold Price:

$1,350,000

Cap Rate:

3.80%

Price/SF:

$444.37

Price/Unit:

$450,000

Gross Building Area:

3,038 SF

See this form in the original post

Lot Size:

9,303 SF

Status:

Closed

Submarket:

Central, Coastal

Property Type:

Apartments

Strategy:

Core

The Bove Group is proud to present 1661-63 Elm Avenue San Diego, CA 92154.

Situated on a 9,303 SF lot, this well-located triplex is comprised of two newly constructed 3BD/2BA and a renovated 2BD/1BA with a new roof. Additionally, all units have ample parking, a laundry room & hook-ups, and a private yard, and are separately metered for all utilities.

Highlights

• (2) 3BD/2BD Units & (1) 2BD/1BA

• Two new construction units (2016 & 2019) and one renovated unit (1941)

• Laundry room & hook-ups

• Private yards

• Separately metered units

• Walking distance to schools, the Palm Ave. Corridor & local parks

• Close proximity to the Imperial Beach Pier & Naval Outlying Landing Field

See this map in the original post

Listed By:

Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 945-7094

Jared Wallach

Advisor

jared.wallach@marcusmillichap.com

(424) 205-3800