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Listed by Thomas Rico, DRE #01198997 • Berkshire Hathaway HomeService
$ 2,600,000
Est. payment /mo
Active
1240 70 Holly AVE Imperial Beach, CA 91932
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNDP2608136
Style Ranch,Traditional
Year Built 1960
Source California Regional MLS
Property Description
1240-1270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diego's southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future en
Location
State CA
County San Diego
Area 91932 - Imperial Beach
Rooms
Kitchen Other, Oven Range - Electric, Refrigerator
Interior
Heating Gas, Wall Furnace
Flooring Laminate
Laundry Gas Hookup, In Garage, 30
Exterior
Parking Features RV Possible, Carport , Private / Exclusive, Garage, Other
Garage Spaces 11.0
Pool None
Roof Type 2
Building
Lot Description Grade - Level
Story One Story
Foundation Pillars / Posts / Piers, Raised
Architectural Style Ranch, Traditional
Others
Tax ID 6331506200
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