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Key Details
Sold Price $2,110,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 220016896
Sold Date 08/05/22
Property Description
Rare opportunity to own this highly desirable coastal 5-unit apartment building. Located just two blocks from the ocean in the sought-after Beach Gardens subdivision, the property is a short walk to beaches, restaurants, shops, and the Imperial Beach pier. The Dahlia apartments consist of five (5) two bed, one bath units. This 3,608 square foot building was constructed in 1959, on a 5,686 square foot lot, and has seen substantial upgrades and renovations in the last 5 years, including a new roof, vinyl windows, staircase improvements, and much more. Each unit has one off-street parking spot. While current rents are strong, substantial rental upside exists.
Location
State CA
County San Diego
Area Imperial Beach (91932)
Interior
Heating Wall
Cooling None
Flooring Vinyl, Wall to Wall Carpet
Laundry Leased
Exterior
Exterior Feature None
Garage Spaces
Roof Type Composition
Others
Acceptable Financing Cash, Exchange Up
Space Rent $109,740
Listing Terms Cash, Exchange Up
Financing Cash
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Bought with Alexander L Kohl • South Coast Commercial, Inc.