Imperial Beach, CA 91932,1125 Elder Ave
Imperial Beach, CA 91932,1125 Elder Ave
Imperial Beach, CA 91932,1125 Elder Ave
Imperial Beach, CA 91932,1125 Elder Ave
Imperial Beach, CA 91932,1125 Elder Ave
Imperial Beach, CA 91932,1125 Elder Ave
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$1,180,000

$1,300,000

9.2%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

650 SqFt


SOLD DATE : 05/23/2024

Key Details

Sold Price $1,180,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 650 sqft

Price per Sqft $1,815

Subdivision Imperial Beach

MLS Listing ID 240006020

Sold Date 05/23/24

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1975

Lot Size 6,481 Sqft

Property Description

Charming duplex nestled in Imperial Beach's residential neighborhood. Located in a serene corner lot within a peaceful residential area, this property offers the best of coastal living just 12 blocks from the iconic Imperial Beach pier. The main house features four bedrooms and two bathrooms, complete with a convenient 2-car garage and driveway. This unit features a fully equipped kitchen, brand new washer and dryer, and central heating. Two gated yard spaces provide plenty of privacy and greenery. As part of the main residence, there is a carve-out, one-bedroom, one-bathroom ADU. This unit features a fully equipped kitchen, a wall heater, a private gated yard, and ample parking space for up to three cars.  Both units showcase tile flooring throughout, fresh paint, and the added benefit of new solar panels, ensuring energy efficiency and cost savings. This property presents an enticing opportunity for investors seeking immediate rental income from both units. Alternatively, it offers a unique prospect for first-time homebuyers to reside in the smaller unit while leasing out the main house to offset mortgage expenses and property upkeep costs. Don't miss out on this versatile and income-generating property, perfectly positioned for coastal living and smart investment strategies.

Location

State CA

County San Diego

Community Imperial Beach

Area Imperial Beach (91932)

Building/Complex Name Imperial Beach

Zoning R-3000

Interior

Heating Natural Gas

Appliance Forced Air Unit, Wall/Gravity

Exterior

Exterior Feature Stucco

Parking Features Unit2:Attached

Garage Spaces 2.0

Fence Full

Roof Type Composition

Building

Lot Description Alley Access, Corner Lot, Curbs, Sidewalks, Street Paved

Story 1

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 1 Story

Others

Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA

Listing Terms Cal Vet, Cash, Conventional, FHA, VA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Gregory A Dunn • Otay Mesa Realty
Bought with Marie Arredondo • Realty One Group Pacific
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