269 Elder Ave, Imperial Beach, CA 91932

$1,595,000
7
BD
5
BA
4,032
SqFt

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List Price
$1,595,000
Status
ACTIVE
MLS#
260025115
Bedrooms
7
Bathrooms
5
Living Sq. Ft
4,032
Property Type
Multifamily

Property Description

Whitewater Commercial Real Estate is pleased to present 269 Elder Avenue, a five-unit multifamily property located along the Imperial Beach coastline, just two blocks from the beach and Imperial Beach Pier. Built in 1972, the property features a mix of one- and two-bedroom units with spacious layouts, large walk-in closets, and one dedicated parking space per unit. Recent improvements include updated kitchen appliances, kitchen and bathroom finishes, vinyl flooring, and new shared laundry facilities. Offering a strong in-place cap rate, 269 Elder Avenue provides investors with immediate cash flow and additional upside through future improvements and rental growth. Its coastal location offers residents convenient access to the beach, restaurants, shops, and recreation.

Additional Information

Living Area
4,032
Stories
2

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carson P Trujillo (859-433-8741) from Listing Office: Whitewater CRE Inc.

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